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Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000 with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
A. Either Project A or Project B because the payback periods are equal
B. Project A because Project B's payback period is 21 months
C. Project A because Project B's payback period is 24 months
D. Project A because Project B's payback period is 20 months
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What are the outputs of the Performance Reporting process? A. Performance reports and change requests B. Performance reports and other project records C. Change requests and performance reporting D. Change requests and performance measurements
You are working on a project that was proceeding well until a manufacturing glitch occurred that requires corrective action. It turns out the glitch was an unintentional enhancement to the product, and the marketing people are absolutely crazy about its potential. The corrective action is canceled, and you continue to produce the product with the newly discovered enhancement. As the project manager, you know that a change has occurred to the project scope. Which of the following is true? A. Project scope changes do not require CCB approval. B. Performance measurement baselines are affected by scope changes. C. Project scope change uses inspection to determine if change has occurred. D. Project scope change uses workarounds to correct unexpected problems with scope change.
Scope definition is necessary for all of the following reasons except: A. To subdivide project deliverables into smaller components B. To assess the stability of the project scope C. To facilitate time and cost estimates D. To facilitate responsibility and assignment
What is one of the problems with project management software? A. The project manager manages the software instead of the project B. Project duration calculations are sometimes approximate. C. You cannot override the project management software decisions regarding schedules. D. It’s expensive and difficult to use.
Your company manufactures small kitchen appliances. They are introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. In order to determine the characteristics and features of the new product line, you will have to perform which of the following? A. Fast tracking B. Consulting with the stakeholders C. Planning the project life cycle D. Progressive elaboration
What was the biggest challenge you faced in your project?
You are a contract project manager for a wholesale flower distribution company. Your project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered, packaged, and mailed to the consumer directly from the grower's site. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300; AC = 200; and EV = 250. What do you know about this project? A. The EAC is a positive number, which means the project will finish under budget. B. You do not have enough information to calculate CPI. C. The CV is a negative number in this case, which means you've spent less than what you planned as of the measurement date. D. The CV is a positive number in this case, which means you're under budget as of the measurement date.
You are a contract project manager working with the State of Bliss. Your latest project involves rewriting the Department of Revenue's income tax system. As project manager, you have taken all the appropriate actions regarding confidentiality of data. One of the key stakeholders is a huge movie huff, and she has the power to promote you into a better position at the conclusion of this project. She's reviewing some report data that just happens to include confidential information regarding one of her favorite movie superstars. What is the most appropriate response? A. Report her to the management team. B. Request that she immediately return the information, citing conflict of interest and violation of confidential company data. C. Do nothing as she has the proper level of access rights to the data and this information showed up unintentionally. D. Request that she immediately return the information until you can confirm that she has the proper level of access rights to the data.
What is tracing process? How this can be enabled?
All of the following arc tools and techniques of the Project Plan execution process except： A. Project management information system B. Work authorization system C. Organizational policies D. General management skills
As a PMP, one of your responsibilities is to ensure integrity on the project. When your personal interests are put above the interests of the project or when you use your influence to cause others to make decisions in your favor without regard for the project outcome, this is considered: A. Conflict of interest B. Using professional knowledge inappropriately C. Culturally unacceptable D. Personal conflict issue
You are the project manager for Changing Tides video games. You have produced a project network diagram and have updated the activity list. Which process have you just finished? A. The Activity Sequencing process, which identifies all the specific activities of the project B. The Activity Sequencing process, which identifies all the activity dependencies C. The Activity Duration Estimating process, which diagrams project network time estimates D. The Activity Duration Estimating process, which identifies all the dependent activities of the project
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