PMP Questions page 201

2001.

A project is contracted on a Cost-Plus-Fixed-Fee (CPFF) basis with a fee of 10 percent of estimated costs. The estimated cost is US$50,000. If the project comes in at US$75,000 with no changes in project scope, what would be the total cost of the contract?

Select one

US$55,000

US$125,000

US$75,000

US$80,000

Select one

Group-based management

Hoteling

Virtual teams

Co-location

2003.

You are new to project management, but you have been managing a small project successfully. Now, management has given you another project to manage, something you are excited about. However, the new project is growing exponentially every day. You have also learned that a project manager you work with managed a similar project last year. What should you do?

Select one

Wait to see if the scope of the project continues to grow

Get the project assigned to the PM who managed the similar project

Speak to the other project manager to develop your project plans

Obtain historical records and get guidance from the project manager

2004.

A seller was notified they were one of the selected sellers based on their proposal. The seller immediately circulated an internal newsletter stating they had just been awarded a large contract for a period of five years. Would the newsletter be factually correct?

Select one

It is likely that the newsletter is factually incorrect. While the seller has been selected for the work, it is unlikely that the term of the project would have been five years.

The newsletter is likely factually correct. A selected seller is one who has a contract based on the procurement process.

The newsletter is likely factually incorrect. A selected seller is one whose proposal has been accepted, and a contract has been completed pending signatures of the authorized parties.

It is likely that the newsletter is factually incorrect. A selected seller is one whose proposal is judged to be in a competitive range. It does not mean they have the work.

2005.

You have been asked by your project manager to help create a chart that illustrates the project resources that will be working on each work package. What would be the best type of chart to use?

Select one

Milestone chart

Project organization chart

WBS

RACI chart

2006.

Organizational process assets are key inputs to the Manage Stakeholder Engagement process. The key elements of the organizational process assets that are used during this process are organizational communication requirements, issue management procedures, and the change control procedures. Which of the following is also a key organizational process asset that must be considered during this process?

Select one

Process audit procedures

Human resource policies

Project document templates

Historical information about previous projects

Select one

A feasibility study may be considered a stand-alone project.

A feasibility study may be considered pre-project work.

A feasibility study may be considered the first phase of a project.

A feasibility study may be considered a program.

Select one

WBS

BOM

OBS

RBS

Select one

A project can create a capability to perform a service.

A project cannot be terminated before the deadline.

A project can involve a single resource.

Project work can be outsourced.

2010.

You have recently been successful in passing the Project Management Professional exam. Others within the organization you work for are also pursuing the certification and have sought your assistance. They have requested that you provide them with a detailed list of the questions that you had on the exam. What is the FIRST course of action you should take?

Select one

Pretend you do not recall any of the questions

Offer your coworkers a listing of all the questions you recall from the exam

Report the violation to the PMI

Indicate that you cannot disclose questions you saw on the exam

2,934 New PMP Questions & Answers with explanation