Question 1

Which type of analysis is used as a general management technique within the Plan Procurements Process?

Options :

A : Risk assessment analysis

B : Make or buy analysis

C : Contract value analysis

D : Cost impact analysis

Answer: B

Question 2

Life seems to be going very well for your close friend, a fellow PMP. She has taken a trip to France, bought a new car, and stocked her wine cellar with a half dozen expensive bottles of wine, all within the last six months. After a few cocktails one evening, she tells you her secret. The vendor she's working with on the $4 billion project she's managing has given her all of these items as gifts. Which of the following should you do? (Choose the best answer.)

Options :

A : You tell your friend these gifts probably aren't appropriate and leave it at that.

B :

Your friend doesn't see a problem with accepting these gifts at all. You know this is a conflict of interest situation and should be reported as a PMP Code of Professional Conduct violation.

C :

You and your friend have a long conversation about the gifts, and she decides to return them (with the exception of the trip) and not accept any more gifts in the future.

D : You're happy for your friend and say nothing.

Answer: B

Question 3

If a risk has a 20 percent chance of happening in a given month, and the project is expected to last five months, what is the probability that this risk event will occur during the fourth month of the project?

Options :

A : Less than 1 percent

B : 20 percent

C : 60 percent

D : 80 percent

Answer: B

Question 4

The scope of a project can be expected to change if:

Options :

A : The project manager must provide cost estimates without having a design concept

B : All of the other alternatives apply are possible based upon the situation

C :

The project manager is assigned after the project is defined, and the cost and schedule are approved

D : A clear objective is not provided

E : Oversimplification (underestimating) of the nature of the work occurs

Answer: B

Question 5

Which schedule development technique modifies the project schedule to account for limited resources?

Options :

A : Human resource planning

B : Fast tracking

C : Critical chain method

D : Rolling wave planning

Answer: C

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