1. Project risk is characterized by three factors: _____.
A. Severity of impact, duration of impact and cost of impact
B. Identification, type of risk
... [Show More] category and probability of impact
C. Risk event, risk probability and the amount at stake
D. Occurrence, frequency and cost
2. Contingency planning is a means to _____ risks to the project through a formal process and
provides the resources to meet the risk events.
A. Address
B. Classify
C. Assign
D. Resolve
3. Which of the following situations describes a violation of the PMP® Professional Code of
Conduct?
A. Accepting a gift that is within the customary guidelines of the country or province you are
currently working in.
B. Use of confidential information to advance your position or influence a critical decision.
C. Complying with laws and regulations of the state or province in which project management
services are provided
D. Disclosing information to a customer about a situation that may have an appearance of
impropriety.
4. Which of the following is a tool or technique used in integrated change control?
A. Organizational procedures
B. Performance reports
C. Project plan updates
D. Performance measurement
5. _____________ invloves using statitical relationship between historical data and other variables .
A. Analogous estimating
B. Life-cycle costing
C. Parametric estimating
D. Bottom up estimating
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1-2 Sample Test 1 http://www.pmptools.com
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6. One of your employees is up for promotion. If the promotion is granted, the employee will be
reassigned elsewhere causing a problem for you on your project. You can delay the promotion until
your project is completed. You should:
A. Support the promotion but work with the employee and the employee's new
management to develop a good transition plan
B. Ask the employee to refuse the promotion until your project is completed.
C. Arrange to delay the promotion until the project is completed
D. Tell the employee that it is his responsibility to find a suitable replacement so that the
project will not suffer
7. The primary characteristic that distinguishes between external and internal risk areas is the
_____________.
A. Magnitude of the impact on the project
B. Project manager's perception of risk
C. Project manager's ability to influence the risk
D. Use of more or less contractors
8. Which is an input to resource planning?
A. Historical information
B. Cost baseline
C. Cost management plan
D. Chart of accounts
9. _____________ involves allocating the overall costs to individual work items in order to establish
a cost baseline for measuring project performance.
A. Resource planning
B. Cost estimating
C. Cost budgeting
D. Cost control
10. Your project is running out of cash and significant work remains. You are directed by senior
management to instruct your people to use another project's charge numbers while working on
your project. You should:
A. Follow instructions
B. Inform the corporate auditors
C. Understand the background of management's instructions before taking any action
D. Try to close down the project
. . . . .
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PMP® Exam Cram Test Bank Sample Test 1 1-3
11. Risk event is the precise description of what might happen to the _____ of the project.
A. Manager
B. Detriment
C. Schedule
D. Budget
12. _____________ /top-down estimating is generally the least accurate.
A. Using stakeholders to predict cost
B. Parametric modeling
C. Analogous estimating
D. Computerized estimating
13. Using a contractor to perform a high risk task is which form of risk response?
A. Mitigation
B. Acceptance
C. Transference
D. Avoidance
14. _____________ is developing an approximation of the costs of the resources needed to complete
project activities.
A. Resource planning
B. Cost estimating
C. Cost budgeting
D. Cost control
15. The integrity of the project manager is often challenged by stakeholders who attempt to use
personal power or influence to change the scope of an agreed upon deliverable. In these situations
the project manager's most appropriate response would be:
A. Refer the stakeholder to the process for change documented in the approved contract.
B. Agree to the change because customer satisfaction is the goal regardless of cost.
C. Contact the legal department and suspend all further project work
D. Determine the risks and rewards for implementing the change before taking any action.
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1-4 Sample Test 1 http://www.pmptools.com
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16. During project implementation the client interprets a clause in the contract to mean the he is
entitled to a substantial refund for work recently completed. You review the clause and disagree
with the client's conclusion. As the project manager which of the following actions should be
taken?
A. Disregard the customer's conclusion and continue to process invoices
B. Document the dispute and refer to the provisions of the contract that address
interpretations and disputes
C. Advise the customer that ambiguous information in contracts is always interpreted in
favor of the contractor
D. Immediately correct the clause to remove any possible misinterpretation by the
customer
17. The most rapid cost estimating technique is:
A. Square foot estimating
B. Template estimating
C. Computerized estimating
D. Analogous estimating
18. In order to balance the needs of the many stakeholders involved in your project the most desirable
method to achieve resolution of conflicts would be:
A. Compromise
B. Forcing
C. Controlling
D. Confrontation
19. As the leader of a project team, the project manager may be required to assess the competencies of
his or her team members. Occasionally, some weaknesses or areas for improvement will be
identified. The project manager should:
A. Remove any team members who have demonstrated weaknesses in critical knowledge
areas
B. Communicate those weaknesses and establish a performance improvement program
C. Hire additional resources to compensate for weak areas
D. Wait for the team members to fail in an assignment to justify termination
. . . . .
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PMP® Exam Cram Test Bank Sample Test 1 1-5
20.An example of a conflict of interest would be:
A. As a public official you make a decision about a contract award that will benefit you
personally
B. You and a functional manager disagree with a task cost estimate
C. Your sponsor decides to cancel your project because it no longer supports the company
strategy
D. Your personality conflicts with that of a key member of your project team.
21. Tools and techniques for Risk Response Planning include of the following except?
A. Avoidance
B. Expert judgment
C. Transference
D. Acceptance
22. Company "A," which is highly profitable, is willing to spend $250,000 to develop a proposal for a
$1 billion contract; Company "B," which is operating at break-even, is not. This is defined as:
A. Sources of risk
B. Potential risk events
C. Stakeholder risk tolerances
D. Expected monetary value
23. You are working in a country where it is customary to exchange gifts between contractor and
customer. Your company code of conduct clearly states that you cannot accept gifts from any
client. Failure to accept the gift from this client may result in termination of the contract. The
action to take in this case would be:
A. Provide the customer with a copy of your company code of conduct and refuse the gifts.
B. Exchange gifts with the customer and keep the exchange confidential
C. Contact your project sponsor and /or your legal office for assistance.
D. Ask the project sponsor or project executive to exchange gifts.
24. _____________ is the most accurate cost estimating technique.
A. Computerized
B. Bottom up estimating
C. Analogous estimating
D. Square foot
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1-6 Sample Test 1 http://www.pmptools.com
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25. Tool and techniques for Risk Identification include all but:
A. Checklists
B. Delphi technique
C. Triggers
D. Interviewing
26. What are the inputs to Project Plan Execution?
A. Project plan, work breakdown structure, organizational policies, preventive action and
corrective action.
B. Project plan, supporting detail, organizational policies, preventive action and corrective
action.
C. Project plan, work results, change requests, preventive action and corrective action.
D. Project skills, supporting detail, organizational policies, preventive action and lessons
learned.
27. Change control requests:
A. Must be relayed in writing
B. Provide the baseline against which changes will be controlled
C. Are always initiated externally
D. Are inputs to integrated change control
28. Cost control is concerned with:
A. Managing changes when they occur
B. Resource rates
C. Chart of accounts
D. Organizational policies
29. _____________ is another term for top down estimating.
A. Analogous estimating
B. Life-cycle costing
C. Parametric modeling
D. Bottom up estimating
. . . . .
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PMP® Exam Cram Test Bank Sample Test 1 1-7
30. You receive a contract to perform testing for an external client. After contract award, the customer
provides you with the test matrix to use for your 16 tests. The vice president for engineering says
that the customer's test matrix is wrong, and she will use a different test matrix, which should give
better results. This is a violation to the SOW. Suppose your sponsor is also the vice president for
engineering. You should:
A. Use the customer's test matrix.
B. Use the engineering test matrix without telling the customer.
C. Use the engineering test matrix and inform the customer.
D. Tell your sponsor that you want to set up a meeting with the customer to resolve the
conflict.
31. Project risk is defined as the cumulative effect of chances of _____ which will adversely affect
project objectives.
A. Likely events
B. Complex activities
C. Complex schedules
D. Uncertain occurrences
32. A person who is attempting to fulfill the need for safety has already satisfied which needs?
A. Esteem
B. Self-Actualization
C. Physiological
D. Social
33. Which of the following choices would indicate that your project was 10% under budget?
A. The BCWS was 110, and the BCWP was 100
B. The ACWP was 100, and the BCWP was 110
C. The BCWS was 100, and the ACWP was 110
D. The ACWP was 110, and the BCWP was 100
34. Meeting with prospective sellers prior to preparation of a proposal is
A. Bidder Negotiations
B. Bidder Auction
C. Bidder Conference
D. Bidder Selection
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