PM-Exam
PM Exam: Test Your Project Management Skills
Welcome to the PM Exam! This quiz is designed for project management enthusiasts who want to test their knowledge on various principles, techniques, and frameworks involved in successful project management.
Prepare yourself by reviewing the following:
- Key project management concepts
- Tools and methodologies used in the industry
- Risk management strategies and practices
1. Project charter should include detailed schedule of the project
False
True
Fishbone is a diagraming technique to show causes of an event (
True
False
Project management office (PMO) is responsible for scheduling of the projects
True
False
Dedicated project teams are mostly common in the functional organizations
True
False
Project charter should include the list of project team members
True
False
WBS should have at least three levels
True
False
Dummy activity is used in ADM method to satisfy all the activity consequences
True
False
S-curve is used to show the earned value
True
False
A project?
The risk management planning stage
The risk identification stage
The risk qualitative analysis stage
Partners are responsible for plan their own portion of the work
RBS is defined in:
The risk management planning stage
The risk quantitative analysis stage
The risk qualitative analysis stage
The risk identification stage
In an integrated joint venture
Collaborate in all phases of a single project
Collaborate in all phases of a group of projects
Partners take joint responsibility for the project
Partners are responsible for plan their own portion of the work
Owner has the highest level of control in:
Design-build
Design-bid-build
CM at risk
Turnkey
A structured communication technique, carried out in two or more rounds, designed to gather information from a panel of experts (
Pareto diagram
Root cause analysis
Ishikawa technique
Delphi technique
Which of the following is an output of the Identify Risk process?
Lesson learned
Risk register
Likelihood impact matrix
SWOT Analysis
In a Matrix organization
Resources are shared among project
Personnel are involved in projects and functional departments
Personnel are shared among functional departments
Structured communication exist among different departments
High level of stakeholder involvement is common in
Iterative project life cycles
Adaptive project life cycles
Predictive project life cycles
Continues project life cycles
Contingency plan and reserve resources are classified as:
Risk avoidance
Risk transfer
Risk acceptance
Risk mitigation
Maximum amount of risk is transferred in which of the following methods
D) Integrated project delivery
CM at risk
Design-bid-build
Design-build
Project Management Plan does NOT include:
Project schedule management plan
Project risk management plan
Project’s standards and regulations
Life cycle of the project
Cost of quality does NOT include:
Cost of new technology
Cost of Training
Cost of Rework
Cost of Testing
Changing the project scope is:
Risk avoidance
Risk transfer
Risk acceptance
Risk mitigation
Enterprise environmental factors does NOT include:
Geographical location
Business case
Marketplace conditions
Organizational culture
In a software development project, which one of the following is not a stakeholder
Users of that software
Programmers of that software
Competitors
Online websites
Research and development projects in high-tech industries are usually classified as
Iterative project life cycles
Adaptive project life cycles
Predictive project life cycles
Continues project life cycles
Business case of a project should include
Market demand, customer request, and project management capacity
Market demand, quality control, and project management capacity
Market demand, quality control, and social and ecological impact
Market demand, customer request, and social and ecological impact
GMP is mostly used in
Design-Built
Design-Bid-Built
PD
Processes performed to establish the scope of the project, refine objectives, and define the course of action required to achieve the objectives of the project are
Initiation process group
Planning process group
Executing process group
Monitoring and controlling process group
You are planning to use PERT for planning of your project. A task has pessimistic estimate of 24 days, most likely estimate of 15 days and optimistic estimate of 12 days. What is the expected duration using PERT technique?
16
15
25.5
17
Which of the following is NOT true about the WBS?
Focus on the activities that must be performed in the project and should not focus on the deliverables
The project team must be involved in developing the WBS
WBS is usually represented in a hierarchical fashion
As a rule of thumb, each activity of WBS should take less than 80 hours
ADM diagraming method is only represented using which relationship? (
Start to start
Start to finish
Finish to start
Finish to finish
The cost for destructive testing loss is?
Cost variance
To complete performance index (TCPI
Cost of conformance
Cost of non-conformance
You are managing a project and find that you need to apply resource leveling. Which of the following tools can help you identify resource that are over allocated?
CPM diagram
Resource assignment matrix
Resource histogram
Resource breakdown structure
During which process does a project manager review all prior information to ensure that all project work is completed and that the project has met its objectives?
Monitor and control project work
Perform quality assurance
Close project or phase
Control scope
Earned value analysis might not be effective in
Electrical design project
Highway construction project
EVA would be an effective tool in all of them
A school renovation project
A vaccine development project
Two engineering firms create a company to develop a new power plant. They agree that each one is responsible for planning and executing its own portion of the work. This arrangement is
Non-integrated joint venture
Strategic alliance
Consortium
Integrated joint venture
You are managing a project. Which one of the following tools can help you identify resources that are over allocated?
CPM Diagram
Resource Breakdown structure
Pareto diagram
Resource histogram
Equipment handbook
PV of a task is $9000, its EV is $8,800 ant its BAC $9,800. Which of the following is correct about the cost performance of this task?
Not enough information
It is under budget (saving money)
It is over budget
It is on a budget
Walmart and Shopify (Canadian e-commerce company) have recently entered to an agreement to expand their web marketplace and possibly challenge Amazon in this domain. This partnership is
Vertical strategic alliance
Non-integrated Joint-venture
Horizontal strategic alliance
Consortium
Integrated Joint-venture
Which one of the following statements is true about fixed priced compensation method?
Is not in commercial contracts
Is commonly used in DBB project
Help to shortlist qualified contractors
Help to shortlist qualified contractors
Which of the following is true about the WBS?
WBS is represented in a hierarchical format
Should only focus on the deliverable of the project
As a rue of thumb, each work package of WBS should take more than 80 hours
As a rue of thumb, each work package of WBS should take more than 80 hours
As a rue of thumb, each work package of WBS should take more than 80 hours
WBS
Project charter
Business care
A software development company develops software products for various areas, including engineering, financial, and insurance. Sara is the manager of the section responsible for development of engineering software products, which includes three applications for mechanical, chemical, and water resource areas What do you think about the role of Sara?
She works in PMO
She is a program manager
She is a project manager
She is a portfolio manager
Total amount of the risk and value at risk at the end of a project
Both at the lowest level
Lowest and highest (respectively)
Highest and lowest (respectively)
Both at the highest level
Cost of quality does NOT include
Cost of rework
Cost of audits
Cost of Testing
Cost of training
Cost of change orders
Which document describes the necessary information to determine if a project is worth the required investment
Business care.
Project S-curve
Project charter
Cost baseline
Project statement of work
This document authorizes the existence of a project
Project master plan
Business case
Project statement of work
Project charter
Project scope statement
What is the main tool for quality assurance?
Pareto diagram
Quality audits
Non-destructive and destructive testing
Statistical sampling
Statistical sampling
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