Questions 1-80

1) Patient records have become hard to maintain manually. Some patients lab test results get lost and previous medical records have to be referred
to get a patients medical history. Due to the complications with paper records, your government has set a deadline by which all hospitals should
switch to computerized medical systems. The hospital you work for has initiated a project for this computerization of patients medical records. The
project was authorized because of which of the following?
A. Social need
B. Environmental consideration
C. Legal requirement
D. Technological advance

2) Due to recent gasoline shortages, the car manufacturer you work for has authorized a project to develop electric cars that can be offered to
customers through a leasing option. The project was authorized because of which of the following?
A. Strategic opportunity
B. Environmental consideration
C. Market demand
D. Technological advance

3) Which of the below is not true about PMO (Project management office)?
A. PMO can provide a consultative role to projects by supplying templates, best practices, and training
B. PMO can directly manage projects
C. PMO is the natural liaison between the organizations portfolios, programs, projects, and the corporate measurement systems
D. PMO is not involved in the selection, management, and deployment of shared or dedicated project resources

4) Which of the below is not true?

A. Operations management is an area of management concerned with ongoing production of goods and/or services
B. Operations management ensures that business operations continue efficiently by using the optimum resources needed and meeting customer
demands
C. Operations management manages processes that transform inputs into outputs
D. Operations stakeholders are not involved in projects

5) You are the project manager for project A. Your program manager has informed you that there are conflicts between your projects goals and
organizational strategies. What should you do?
A. Do nothing and wait out the impact to mitigate the risk
B. Wait for inputs from your functional manager
C. Document and identify such conflicts as early as possible in the project
D. Get inputs from the project sponsor

6) Your company is a famous car manufacturer that has been around for 100 years. Which of the below are elements of business value to the
company?
A. Monetary assets
B. Stockholder equity
C. Brand recognition
D. Public benefit

1. A
2. A, B
3. A, B, C
4. A, B, C, D

7) Your company is a famous toy manufacturer. Which of the below are intangible elements of business value to the company?
A. Good will
B. Public benefit
C. Brand recognition
D. Stockholder equity

1. A
2. A, B
3. A, B, C
4. A, B, C, D

8) Your company is a famous medicine manufacturer. Which of the below are tangible elements of business value to the company?
A. Monetary assets
B. Stockholder equity
C. Brand recognition
D. Trademarks

1. A
2. A, B
3. A, B, C
4. A, B, C, D

9) Which of the below is untrue about business value?

A. It applies only to for-profit organizations
B. Successful business value realization begins with comprehensive strategic planning and management
C. Business value can also be realized by conducting portfolio strategic alignment and optimization
D. Utility is a tangible element of business value

10) Which of the following are common experiences that can shape organizational culture? Choose the best answer.
A. Risk tolerance
B. View of leadership
C. Work hours
D. Motivation and reward systems

1. Only B
2. Only B and C
3. None of the above
4. All of the above

11) In a weak matrix, the project manager:

A. Is more of an expediter or coordinator
B. Could make some decisions
C. Could be a communications coordinator
D. Is the functional manager

1. A
2. A, B
3. A, B, C
4. A, B, C, D

12) Your project has an earned value of $20,000, planned value of $22,000, actual cost of $25,000, and budget at completion of 23,000. What is the
estimate at completion assuming that CPI is expected to be the same for the remainder of the project?
A. $28,750
B. $18,400
C. $28,000
D. $23,000

13) Which of the following is not true about a projectized organization?

A. Team members are often collocated
B. Some of the organizations resources are involved in project work
C. Project managers have a great deal of independence and authority
D. Departments can either report directly to the project manager or provide support services to the various projects

14) Which of the following are included in the organizational knowledge base?
A. Financial databases containing labor hours, costs, and budgets
B. Issue and defect management databases containing issue and defect status
C. Project files from previous projects
D. Historical information and lessons learned knowledge bases

1. A
2. A, B
3. A, B, C
4. A, B, C, D

15) For a project you are managing, budget at completion is $10,000. The estimate at completion is $15,000. What is the variance at completion?
A.$5,000
B.$25,000
C.-$25,000
D.-$5000

16) Which of the below are examples of project governance framework?

A. Project life cycle approach
B. Process to align internal stakeholders with project process requirements
C. Project decision-making processes
D. Project organization chart that identifies project roles
1. A
2. A, B
3. A, B, C
4. A, B, C, D

17) Which of the below are roles in a project team?

A. Project staff
B. Customer Representatives
C. Business partners
D. Supporting experts

1. A
2. A, B
3. A, B, C
4. A, B, C, D

18) Which of the below is not true of a part-time project team?

A. The project manager and team members work on the project while remaining in their existing organizations and continuing to carry out their
normal functions
B. Functional managers maintain control over the team members
C. Part-time team members may also be assigned to more than one project at a time
D. Project manager is not likely to continue performing other management duties

19) Which of the below could occur during project/phase closure?

A. Phase-end review is conducted
B. Appropriate updates are applied to organizational process assets
C. Impacts of tailoring to any process are recorded
D. Acceptance by the customer or sponsor to formally close the project or phase is obtained

1. A
2. A, B
3. A, B, C
4. A, B, C, D

20) Your project has been authorized a budget of $100,000. This is:
A. Planned value
B. Actual cost
C. Earned value
D. Budget at completion

21) The amount of budget deficit or surplus at a given point in time, expressed as the difference between the earned value and the actual cost.is
called:
A. Cost variance
B. Actual cost
C. Variance at completion
D. Budget at completion

22) The amount by which the project is ahead or behind the planned delivery date, at a given point in time, expressed as the difference between the
earned value and the planned value is called:
A. Cost variance
B. Actual cost
C. Variance at completion
D. Schedule variance

23) The value of the work planned to be completed to a point in time, usually the data date, or project completion is called:
A. Cost variance
B. Actual cost
C. Earned value
D. Planned value

24) The planned value of all the work completed (earned) to a point in time, usually the data date, without reference to actual costs is called:
A. Cost variance
B. Actual cost
C. Earned value
D. Planned value

25) The realized cost incurred for the work performed on an activity during a specific time period is called:
A. Cost variance
B. Actual cost
C. Earned value
D. Planned value

26) The value of total planned work, the project cost baseline is called:
A. Budget at completion
B. Actual cost
C. Earned value
D. Planned value

27) The estimated difference in cost at the completion of the project is called:
A. Budget at completion
B. Actual cost
C. Earned value
D. Variance at completion

28) A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost is called:
A. Budget at completion
B. Actual cost
C. Cost variance
D. Cost performance index

29) A measure of schedule efficiency expressed as the ratio of earned value to planned value is called:
A. Budget at completion
B. Actual cost
C. Schedule variance
D. Schedule performance index

30) The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete is called:
A. Budget at completion
B. Actual cost
C. To complete performance index
D. Estimate at completion

31) The expected cost to finish all the remaining project work is called:
A. Budget at completion
B. Estimate at completion
C. To complete performance index
D. Estimate to complete

32) A measure of the cost performance that must be achieved with the remaining resources in order to meet a specified management goal, expressed
as the ratio of the cost to finish the outstanding work to the budget available is called:
A. Budget at completion
B. Estimate at completion
C. To complete performance index
D. Estimate to complete

33) The actual cost of your project is $100,000 and the earned value is $105,000. The cost variance is:
A. -$5000
B. 1.05
C. $5000
D. 0.95

34) The earned value of your project is $105,000 and the planned value is $100,000. The schedule variance is:
A. -$5000
B. 1.05
C. $5000
D. 0.95

35) The budget at completion is $100,000 and the estimate at completion is $105,000. What is the variance at completion?
A. -$5000
B. 1.05
C. $5000
D. 0.95

36) The actual cost of your project is $100,000, planned value is $90,000 and the earned value is $105,000. The cost performance index is:
A. 0.85
B. 1.05
C. 1.16
D. 0.95

37) The actual cost of your project is $100,000, planned value is $90,000 and the earned value is $105,000. The schedule performance index is:

A. 0.85
B. 1.05
C. 1.166
D. 0.95

38) The budget at completion for your project is $100,000 and the CPI is 1.16. What is the Estimate at completion? Assume that the CPI is expected to
be the same for the remainder of the project.
A. $85,000
B. $90,000
C. $86,206.89
D.$ 86,000

39) The budget at completion for your project is $100,000 and the actual cost is $105,000. The earned value is $100,000. What is the Estimate at
completion? Assume that future work will be accomplished at planned rate.
A. $100,000
B. $90,000
C. $105,000
D. $ 86,000

40) If the initial plan is no longer valid, estimate at completion is calculated as:
A. EAC = BAC/CPI
B. EAC = AC + BAC EV
C. EAC = AC + Bottom-up ETC
D. EAC = AC + [(BAC EV)/(CPI x SPI)]

41) The budget at completion for your project is $100,000 and the actual cost is $105,000. The earned value is $110,000. The CPI is 1.1 and the SPI is
0.95. What is the Estimate at completion assuming that CPI and SPI influence the remaining work?
A. $9,569.37
B. $100,000
C. $95,430.6
D. $114,569.37

42) The estimate at completion for your project is $100,000 and the actual cost is $105,000. What is the Estimate to complete assuming that work is
proceeding on plan?
A. $105,000
B. -$5,000
C. $5,430.6
D. $5000

43) The efficiency that must be maintained in order to complete the current EAC is:
A. (BAC EV)/(EAC AC)
B. (BAC EV)/(BAC AC)
C. BAC/CPI
D. EAC AC

44) The efficiency that must be maintained in order to complete on plan is:
A. (BAC EV)/(EAC AC)
B. (BAC EV)/(BAC AC)
C. BAC/CPI
D. EAC AC

45) If TCPI (To Complete Performance Index) is greater than 1, the project is:
A. Harder to complete
B. Easier to complete
C. Cannot be determined
D. Neither hard nor easy to complete

46) If TCPI (To Complete Performance Index) is lesser than 1, the project is:
A. Harder to complete
B. Easier to complete
C. Cannot be determined
D. Neither hard nor easy to complete
47) You are reporting that your project has an SPI greater than 1 and CPI is greater than 1. This means your project is:
A. Ahead of schedule and over planned cost
B. Ahead of schedule and under planned cost
C. Behind schedule and over planned cost
D. Behind schedule and under planned cost

48) You are reporting that your project has an SPI equal to 1 and CPI equal to 1. This means your project is:
A. Ahead of schedule and over planned cost
B. On schedule and on planned cost
C. On schedule and over planned cost
D. Behind schedule and on planned cost

49) You are reporting that your project has an SPI lesser than 1 and CPI lesser than 1. This means your project is:
A. Ahead of schedule and under planned cost
B. Ahead of schedule and over planned cost
C. Behind schedule and under planned cost
D. Behind schedule and over planned cost

50) You are reporting that your project has an SPI lesser than 1 and CPI greater than 1. This means your project is:
A. Ahead of schedule and under planned cost
B. Ahead of schedule and over planned cost
C. Behind schedule and over planned cost
D. Behind schedule and under planned cost

51) You are reporting that your project has an CPI lesser than 1 and SPI greater than 1. This means your project is:
A. Ahead of schedule and under planned cost
B. Ahead of schedule and over planned cost
C. Behind schedule and under planned cost
D. Behind schedule and over planned cost

52) You are reporting that your project has a positive Variance at completion. This means your project is:
A. Under planned cost
B. Over planned cost
C. On planned cost
D. Cannot be determined

53) You are reporting that your project has a negative Variance at completion. This means your project is:
A. Under planned cost
B. Over planned cost
C. On planned cost
D. Cannot be determined

54) You are reporting that your project has a positive cost variance. This means your project is:
A. Under planned cost
B. Over planned cost
C. On planned cost
D. Cannot be determined

55) You are reporting that your project has a negative cost variance. This means your project is:
A. Under planned cost
B. Over planned cost
C. On planned cost
D. Cannot be determined

56) You are reporting that your project has a positive schedule variance. This means your project is:
A. Behind schedule
B. Ahead of schedule
C. On schedule
D. Cannot be determined

57) You are reporting that your project has a negative schedule variance. This means your project is:
A. Behind schedule
B. Ahead of schedule
C. On schedule
D. Cannot be determined

58) You are reporting that your project has a negative schedule variance and negative cost variance. This means your project is:
A. Behind schedule and over budget
B. Ahead of schedule and over budget
C. Behind schedule and under budget
D. Ahead of schedule and under budget

59) You are reporting that your project has a negative schedule variance and positive cost variance. This means your project is:
A. Behind schedule and over budget
B. Ahead of schedule and over budget
C. Behind schedule and under budget
D. Ahead of schedule and under budget

60) You are reporting that your project has a negative cost variance and positive schedule variance. This means your project is:
A. Behind schedule and over budget
B. Ahead of schedule and over budget
C. Behind schedule and under budget
D. Ahead of schedule and under budget

61) You are reporting that your project has a positive cost variance and positive schedule variance. This means your project is:
A. Behind schedule and over budget
B. Ahead of schedule and over budget
C. Behind schedule and under budget
D. Ahead of schedule and under budget

62) Your project has an earned value of $20,000, planned value of $22,000 and actual cost of $25,000. The cost variance is:
A. -$5,000
B. $5,000
C. -$2,000
D. $2,000

63) Your project has an earned value of $20,000, planned value of $22,000 and actual cost of $25,000. The schedule variance is:
A. -$5,000
B. $5,000
C. -$2,000
D. $2,000

64) Your project has an estimate at completion of $20,000, planned value of $22,000 and budget at completion of $25,000. The variance at
completion is:
A. -$5,000
B. $5,000
C. -$2,000
D. $2,000

65) Your project has an earned value of $20,000, planned value of $22,000 and actual cost of $25,000. The cost performance index is:
A. 0.8
B. 1.25
C. 0.91
D. 1.1

66) Your project has an earned value of $20,000, planned value of $22,000 and actual cost of $25,000. The schedule performance index is:
A. 0.8
B. 1.25
C. 0.91
D. 1.1

67) A strong matrix organization:

A. Has full-time project managers
B. Has full-time project administrative staff
C. Has characteristics of a projectized organization
D. Is one where the project manager has little authority

1. A
2. A, B
3. A, B, C
4. A, B, C, D

68) Your project has an earned value of $20,000, planned value of $22,000, actual cost of $25,000, and budget at completion of 23,000. What is the
estimate at completion assuming that future work will be accomplished at the planned rate?
A. $28,750
B. $18,400
C. $28,000
D. $23,000

69) Your project has an earned value of $20,000, planned value of $22,000, actual cost of $25,000, and budget at completion of $23,000. What is the
estimate at completion assuming that remaining work will be influenced by both CPI and SPI?
A. $28,750
B. $18,400
C. $29,121
D. $23,000

70) Your project has an estimate at completion of $27,000 and an actual cost of $25,000. What is the estimate to complete assuming work is
proceeding to plan?
A. $2,750
B. $2,400
C. $2,000
D. $3,000

71) Using the below metrics, calculate the efficiency that must be maintained in order to complete to plan:
Budget at completion: $25, 000
Earned value=$23,000
Actual cost=$24,000
A. 1
B. 3
C. 2
D. 0.5

72) Using the below metrics, calculate the efficiency that must be maintained in order to complete the current EAC.
Budget at completion: $25,000
Earned value=$23,000
Actual cost=$24,000
Estimate at completion=$26,000
A. 1
B. 3
C. 2
D. 0.5

73) You are preparing the WBS for your project. Which of the below are techniques you can use?
A. Expert judgment
B. Scope baseline
C. Scope management plan
D. Organizational process assets

74) You are collecting requirements for your project. Which of the below tools and techniques can you use?
A. Benchmarking
B. Scope baseline
C. Project charter
D. Organizational process assets

75) You are developing your project management plan. Which of the below inputs can you use?
A. Expert judgment
B. Facilitation techniques
C. Project charter
D. Scope baseline

76) In a general project health report, what do the colors red, yellow, and green mean?
A. Red: Project is at significant risk, Yellow: Project has some issues but a plan to fix the issues is in place, Green: All is well with the project
B. Red: Project is dead, Yellow: Project has some issues but a plan to fix is in place, Green: All is well with the project
C. Red: Project has been stopped, Yellow: Project has some issues but a plan to fix is in place, Green: All is well with the project
D. Status Red: Project has been stopped, Yellow: Project has some serious issues which cant be fixed, Green: All is well with the project

1. A
2. D
3. B
4. C

77) A project manager has 5 onsite members and 3 offshore members in his team. He has 1 onsite stakeholder and 1 offshore stakeholder. How many
communication channels are there?
A. 11
B. 50
C. 45
D. 55

Answer choices:
1. C
2. None of the above
3. D
4. B

78) For a project you are managing, the actual cost is $10,000, Earned value is $6000 and budget at completion is $12000. What is the estimate at
completion assuming future work will be accomplished at the planned rate?
A.$28,000
B.$16,000
C.-$16,000
D.-$8000

79) For a project you are managing, EAC is $20,000, actual cost is $13,000. Assuming work is proceeding per plan, the cost of completing the
remaining authorized work is:
A.$7,000
B.$33,000
C.-$16,000
D.-$7000

80) Which of the below are examples of enterprise environmental factors?

A. Infrastructure
B. Political climate
C. Project management information system
D. Commercial databases

1. A
2. A, B
3. A, B, C
4. A, B, C, D