Examination Paper of - Project Management (Certification)

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Examination Paper of Project Management Certification

IIBM Institute of Business Management

Examination Paper MM.100

Project Management Certification

Guidelines for paper


 Total No. of Questions is 100.
 The minimum passing marks is 50%.
 Each Question carries 1 mark.
 Answer all the Questions.

Multiple Choices:

1. A_______ is a temporary endeavor undertaken to create a unique product, service or result.


a) Program
b) Process
c) Project
d) Portfolio

2. Which of the following is not a potential advantage of using good project management?
a) Shorter development times
b) Higher worker morale
c) Lower cost of capital
d) Higher profit margins

3. Which of the following is not an attribute of a project?


a) Projects are unique
b) Projects are developed using progressive elaboration
c) Projects have a primary customer or sponsor
d) Projects involve little uncertainty

4. Which of the following is not part of the triple constraint of project management?
a) Meeting scope goals
b) Meeting time goals
c) Meeting communications goals
d) Meeting cost goals

5. The first stage of any project is


a) Proposal
b) Conceptualization
c) Implementation
d) Management

6. __________is the application of knowledge, skills, tools and techniques to project activities to
meet project requirements.
a) Project Management
b) Program Management
c) Project portfolio Management
d) Requirement Management

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IIB M Institute of Business Management
Examination Paper of Project Management Certification

7. Project portfolio management addresses __________goals of an organization, while project


management addresses _________goals.
a) Strategic, tactical
b) Tactical, strategic
c) Internal, external
d) External, internal

8. Several application development projects done for the same functional group might best
be managed as part of a____________
a) Portfolio
b) Program
c) Investment
d) Collaborative

9. Which of the following is not one of the top ten skills or competencies of an effective
project manager?
a) People skills
b) Leadership
c) Integrity
d) Technical skills

10. What is the certification program called that the Project Management Institute provides?
a) Microsoft Certified Project Manager (MCPM)
b) Project Manager Professional (PMP)
c) Project Management Expert (PME)
d) Project Management Mentor (PMM)

11. A___________ is a series of actions directed towards a particular result.


a) Goal
b) Process
c) Plan
d) Project

12. Processes include coordinating people and other resource to carry out
the project plans and produce the products, service, or results of the project or phase.
a) Initiating
b) Planning
c) Executing
d) Monitoring & controlling

13. Which process group normally requires the most resources and time?
a) Initiating
b) Planning
c) Executing
d) Monitoring and controlling

14. A work breakdown structure, project schedule, and cost estimates are outputs of the process.
a) Initiating
b) Planning
c) Executing
d) Monitoring and controlling

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IIB M Institute of Business Management
Examination Paper of Project Management Certification

15. Which process group includes activities from each of the nine knowledge areas?
a) Initiating
b) Planning
c) Executing
d) Monitoring and controlling

16. Project management as a profession is almost unique in having institutions concerned with
its development who promote what they term their
a) Body of language
b) Body of knowledge
c) Strategy
d) Work

17. Initiating involves developing a project charter and preliminary project scope statement, which
are part of the project_____________ management knowledge.
a) Integration
b) Scope
c) Communications
d) Risk

18. A__________ describes how things should be done, and different organizations often have
different ways of doing things.
a) Regulation
b) Process
c) Standard
d) Methodology

19._________ involves measuring progress toward project objectives and talking corrective actions.
a) Initiating
b) Planning
c) Executing
d) Monitoring and controlling

20. What type of report do project teams create to reflect on what went right with the project?
a) Lessons – learned report
b) Status report
c) Final project report
d) Business case

21. Project manager is responsible for_________


a) Overseeing change
b) Cross functional activities
c) Ever changing set of tasks
d) All above

22. Many people use to have a standard format for preparing various project
management documents.
a) Methodologies
b) Templates
c) Project management software
d) Standards

23. What is the last step in the four – stage planning process for selecting information
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IIB M Institute of Business Management
Examination Paper of Project Management Certification

technology projects?
a) Information technology strategy planning
b) Business area analysis
c) Project planning
d) Resource allocation

24. A new government law requires an organization to report data in anew way. Under which category
would a new information system project to provide this data fall?
a) Problem
b) Opportunity
c) Directive
d) Regulation

25. A_________ is a document that formally recognizes the existence of a project and provides
direction on the project‟s objectives and management.
a) Project charter
b) Preliminary scope statement
c) Business case
d) Project management plan

26. ICOM model, which is one of the major roles of project manager, stand for__________
a) Integrated Constraint of Mechanism
b) Inputs, Outputs, Constraints & Mechanism
c) Inputs, Outputs, Constraints & Money
d) None

27. A_________ often includes sensitive information, so it should not be part of the overall project
plan for anyone to see.
a) Business case
b) Project charter
c) Personnel chart
d) Stakeholder analysis

28. Which of the following is not a suggestion for performing integrated change control?
a) Use good configuration management
b) Minimize change
c) Establish a formal change control system
d) View project management as a process of constant communication and negotiation

29. refer(s) to all the work involved in creating the products of the projects and
processes used to create them.
a) Deliverables
b) Milestones
c) Scope
d) Product development

30. Assume you have a project with major categories called planning, analysis, design, and
testing. What level of the WBS would these items fall under?
a) 0
b) 1
c) 2
d) 3

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IIB M Institute of Business Management
Examination Paper of Project Management Certification

31. Which of the following is not a best practice that can help in avoiding scope problems
on information technology projects?
a) Keep the scope realistic
b) Use off-the-shelf hardware and software whenever possible
c) Follow good project management processes
d) Don‟t involve too many users in scope management

32. Having ascertains the portfolio of projects obtained objectives for each of them, we have to
move to the next stage of the strategy process to balance the objectives
a) Policy deployment
b) Strategy matrix
c) Project performance measurement
d) None

33. What major restaurant chain terminated a large project after spending $170 million on it,
primarily because they realized the project scope was too much to handle?
a) Burger King
b) Pizza Hut
c) McDonalds
d) Taco Bell
34. Scope___________ is often achieved by a customer inspection and then sign- off on
key deliverables.
a) Verification
b) Validation
c) Completion
d) Close – out

35. Project management software helps you ________ which serves as a develop a basis
for creating Gantt charts, assigning resources, and allocating costs.
a) Project plan
b) Schedule
c) WBS
d) Deliverable

36. WBS (Work Breakdown Structure) is also known as _________


a) Chunking
b) Unbundling
c) Both (a) & (b)
d) None

37. What is the first process in planning a project schedule?


a) Milestone definition
b) Activity definition
c) Activity resource estimation
d) Activity sequencing

38. Predecessors, successes, logical relationships, leads and lags, resource requirements, constraints,
imposed dates, and assumptions are all examples of .
a) Items in an activity list
b) Items on a Gantt chart
c) Milestone attributes
d) Activity attributes

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IIB M Institute of Business Management
Examination Paper of Project Management Certification

39. As the project manager for a software development project, you are helping to develop its
schedule. You decide that writing code for a system cannot start until sign off on the
analysis work. What type of dependency is this?
a) Technical
b) Mandatory
c) Discretionary
d) External

40. You cannot start editing a technical report until someone else completes the first draft. What
type of dependency does this represent?
a) Finish – to – start
b) Start – to – start
c) Finish – to – finish
d) Start – to – finish

41. ___________ Involves going through the cycle several times to test the effects of the changes
make on the outcomes.
a) Planning
b) Strategy
c) Iterative
d) None

42.
A B

1 2 3
5Days 7Days

Above figure shows two activities A & B; B cannot start until A finished and the times for A
& B are 5 and 7 days respectively. This logic is known as
a) Dependency
b) Precedence
c) Freedom
d) None

43.
A
10
20
5Days

In the above figure calculate the EET (earliest event time) at 20.
a) 10
b) 20
c) 5
d) 25

44. What symbol on a Gantt chart represents a slipped milestone?


a) A black arrow
b) A white arrow
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IIB M Institute of Business Management
Examination Paper of Project Management Certification

c) A black diamond
d) A white diamond

45. What type of diagram shows planned and actual project schedule information?
a) A network
b) A Gantt chart
c) A Tracking
d) A milestone chart

46.____________ is a network diagramming technique used to predict total project duration.


a) PERT
b) A Gantt chart
c) Critical path method
d) Crashing

47. Which of the following statement is false?


a) “Growing grass” was on the critical path for a large theme park project.
b) The critical path is the series of activities that determine the earliest time by which
a project can be completed.
c) A forward pass through a project network diagram determines the early start and
early finish dates for each activity.
d) Fast tracking is a technique for marking cost and schedule trade-offs to obtain
the obtain the greatest amount of schedule comparison for the least incremental
cost.
48. ____________ is a method of scheduling that considers limited resources when creating a
project schedule and includes buffers to protect the project completion date.
a) Parkinson‟s Law
b) Murphy‟s Law
c) Critical path analysis
d) Critical chain scheduling

49.___________ is a resource scarified or foregone to achieve a specific objective or


something given up in exchange.
a) Money
b) Liability
c) Trade
d) Cost

50. What is main goal of project cost management?


a) To complete a project for as little cost as possible
b) To complete a project within an approved budget
c) To provide truthful and accurate cost information on projects
d) To ensure that an organization‟s money is used widely

51. A fundamental of „Theory of Constraints‟ (TOC) is to manage systems by focusing on the


constraints, termed as
a) Watermark
b) Bottleneck
c) Tick-sheet
d) None

52. “An activity will expand to fill the time available”; it is


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IIB M Institute of Business Management
Examination Paper of Project Management Certification

a) Newton‟s Law
b) Parkinson‟s Law
c) Einstein‟s Law
d) None

53. Which of the following is not a key output of project cost management?
a) A cost estimate
b) A cost management plan
c) Updates to the cost management plan
d) A cost baseline

54. If a company loses $5 for every $100 in revenue for a certain product, what is profit margin
for that product?
a) -5 percent
b) 5 percent
c) -$5
d) $5

55.________reserves allow for future situations that are unpredictable.


a) Contingency
b) Financial
c) Management
d) Baseline

56. You are preparing a cost estimate for a building based on its location, purpose, number of
square feet, and other characteristics. What cost estimating technique are you using?
a) Parametric
b) Analogous
c) Bottom – up
d) Top – down

57.________ involves allocating the project cost estimate to individual work items over time.
a) Reserve analysis
b) Life cycle costing
c) Project cost budgeting
d) Earned value analysis

58._________ is a project performance measurement technique that integrates scope time,


and cost data.
a) Reserve analysis
b) Life cycle costing
c) Project cost budgeting
d) Earned value analysis

59. If the actual cost for a WBS item is $1500 and its earned value was $2000, what is its
cost variance, and is it under or over budget?
a) The cost variance is -$500, which is over budget
b) The cost variance is -$500, which is under budget
c) The cost variance is $500, which is over budget
d) The cost variance is $500, which is under budget

60. If a project is halfway completed and its schedule performance index is 110% and its
cost performance index is 95%, how is it progressing?
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IIB M Institute of Business Management
Examination Paper of Project Management Certification

a) It is ahead of schedule and under budget


b) It is ahead of schedule and over budget
c) It is behind schedule and under budget
d) It is behind schedule and over budget

61. To determine the cost of particular element in advance of the project, which technique can be
employed?
a) Parametric estimating
b) As…………but…………s
c) Forecasts
d) All above

62._________is the degree to which a set of inherent characteristics fulfills requirements.


a) Quality
b) Conformance to requirements
c) Fitness for use
d) Reliability
63. What is the purpose of project quality management?
a) To produce the highest quality products and services possible
b) To ensure that appropriate quality standards are met
c) To ensure that the project will satisfy the needs for which it was undertaken
d) All of the above

64.__________ generates ideas for quality improvements by comparing specific project


practices or product characteristics to those of other projects or products within or outside
the performing organization.
a) Quality audits
b) Design of experiments
c) Six Sigma
d) Benchmarking

65. What tool could you use to determine whether a process is in control or out of control?
a) A cause – and – effect diagram
b) A control chart
c) A run chart
d) A scatter chart

66. Complication to the critical path represents the formation of compound series of activities
often involving different paths which has been termed
a) The critical chain
b) The critical path
c) TOC
d) Resource path

67. Six Sigma‟s target for perfection is the achievement of no more than defects,
errors, or mistakes per million opportunities.
a) 6
b) 9
c) 3.4
d) 1

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IIB M Institute of Business Management
Examination Paper of Project Management Certification

68. The seven run rule states that if seven data points in a row on a control chart are all below the
mean, above the means, or all increasing or decreasing, then the process needs to be examined
for ___________ problems.
a) Random
b) Non – random
c) Six Sigma
d) Quality

69. What is the preferred order for performing testing on information technology projects?
a) Unit testing, integration testing, system testing, user acceptance testing
b) Unit testing, system testing, integration testing, user acceptance testing
c) Unit testing, system testing, user acceptance testing, integration testing
d) Unit testing, integration testing, user acceptance testing, system testing

70. is known for his work on quality control in Japan and developed the 14
points for Management in his text Out of the Crisis.
a) Juran
b) Deming
c) Crosby
d) Ishikawa

71. The theory of constraints (TOC) is successfully applied in___________


a) Planning
b) Checking
c) Manufacturing
d) Controlling

72. PMI‟s OPM3 is an example of a model or framework for helping


organization improve their processes and systems.
a) Benchmarking
b) Six Sigma
c) Maturity
d) Quality

73. Which of the following is not part of project human resource management?
a) Resource estimating
b) Acquiring the project team
c) Developing the project team
d) Managing the project team

74.____________ causes people to participate in an activity for their own enjoyment.


a) Intrinsic motivation
b) Extrinsic motivation
c) Self motivation
d) Social motivation

75. At the bottom of Maslow‟s pyramid or hierarchy of needs are_________ needs.


a) Self – actualization
b) Esteem
c) Safety
d) Physiological

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IIB M Institute of Business Management
Examination Paper of Project Management Certification

76._________ power is based on a person‟s individual charisma.


a) Affiliation
b) Referent
c) Personality
d) Legitimate

77. What technique can you use to resolve resource conflicts by delaying tasks?
a) Resource loading
b) Resource leveling
c) Critical path analysis
d) Over allocation

78. Which of the following is not a tool or technique for managing project team?
a) Observation and conversation
b) Project performance appraisals
c) Issue logs
d) Social Styles Profile

79. What do many experts agree is the greatest threat to the success of any project?
a) Lack of proper funding
b) A failure to communicate
c) Poor listening skills
d) Inadequate staffing

80. Which communication skill is most important for information technology professionals for
career advancement?
a) Writing
b) Listening
c) Speaking
d) Using communication technologies

81. Which of the following is not a process in project communication management?


a) Information planning
b) Information distribution
c) Performance reporting
d) Managing stakeholders

82. A building may not be constructed unless the planning permission for it has been obtained, this
is the.
a) Legal constraint
b) Quality constraint
c) Cost constraint
d) Logic constraint

83. A__________ report describes where the project stands at a specific point in time.
a) Status
b) Performance
c) Forecast
d) Earned value

84.____________ is an uncertainly that can have a negative or positive effect on meeting


project objectives.
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IIB M Institute of Business Management
Examination Paper of Project Management Certification

a) Risk utility
b) Risk tolerance
c) Risk management
d) Risk

85. A person who is a risk -________receives greater satisfaction when more payoffs is at
stake and is willing to pay a penalty to take risks.
a) Averse
b) Seeking
c) Neutral
d) Aware

86. Which risk management process involves prioritizing based on their probability and impact
of occurrence?
a) Risk management planning
b) Risk identification
c) Qualitative risk analysis
d) Quantitative risk analysis

87. The 7-S framework of project management issues was promoted by____________
a) McJonald and Co.
b) McKinsly and Co.
c) J & K Co.
d) None

88. Your project involves using a new release of a software application, but if that release is not
available, your team has__________ plans to use the current release.
a) Contingency
b) Fallback
c) Reserve
d) Mitigation

89. A risk__________ is a document that contains results of various risk management


processes, often displayed in a table or spreadsheet format.
a) Management plan
b) Register
c) Breakdown structure
d) Probability / impact matrix

90. Your project team has decided not to use an upcoming release of software because it might
cause your schedule to slip. Which negative risk response strategy are you using?
a) Avoidance
b) Acceptance
c) Transference
d) Mitigation

91. For non critical activities, network diagrams build in __________ at the start of activities.
a) Temporary
b) Buffer
c) Slack
d) Anywhere

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IIB M Institute of Business Management
Examination Paper of Project Management Certification

92. If a project being undertaken by a particular project team, then these are referred as________
a) Resource capability
b) Resource capacity
c) Resource calendar
d) Resource pool

93. The term ‘hedgehog syndrome’ means_______


a) Management problem
b) Solving problem
c) Repetition of problem
d) Find out a problem

94. What is the first procurement process?


a) Planning contracting
b) Planning purchasing and acquisitions
c) Requesting seller responses
d) Procurement management planning

95. The_________ is the point at which the contractor assumes total responsibility for each
additional dollar of contract cost.
a) A breakeven point
b) Share ratio point
c) Point of reconciliation
d) Point of total assumption

96. We‟re standing on this hill here. We want to be on that hill over there, this is________
a) View
b) Vision
c) Mission
d) Aim

97. A_________ is a document prepared by a seller when there are different approaches for meeting
buyer needs.
a) RFP
b) RFQ
c) Proposal
d) Quote

98. Buyers often prepare a list when selecting a seller to make this __________ process
more manageable.
a) Preferred
b) Short
c) Qualified suppliers
d) BAFO

99. A proposal evaluation sheet is an example of a (n).


a) RFP
b) NPV analysis
c) Earned value analysis
d) Weighted scoring model

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IIB M Institute of Business Management
Examination Paper of Project Management Certification

100. is a term used to describe various procurement functions that are


now done electronically.
a) E – procurement
b) eBay
c) E – commerce
d) EMV

S-2-200314

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IIB M Institute of Business Management

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