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PMP Exam Prep Practice Test evaluate your skills on the latest project management practices

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1. Rather than using Triangular Distribution while doing Three Point Estimation, you choose to use Beta Distribution. Based on your analysis and understanding, you are confident that the project would be completed with a total cost of $108,000. You also estimate that a best case would be $90000,...

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  • December 6, 2024
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Free PMP® Exam Prep Practice Test
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Explanations

200 124 62
Questions Correct Answers %Correct Answers




1. Rather than using Triangular Distribution while doing Three Point Estimation, you
choose to use Beta Distribution. Based on your analysis and understanding, you are
confident that the project would be completed with a total cost of $108,000. You also
estimate that a best case would be $90000, while a worst-case scenario would result in
the costs incurred to shoot up to $138000. What would the Three Point Cost estimate
be when using Beta Distribution?


112000


110000


101000


None of the above

,Explanation:

The question states that you should do Three Point Estimation using Beta Distribution. The formula for this
estimation technique is 4a + b + c / 6, where a = Most Likely Estimate, b = Estimate based on Best-case scenario,
and c = Estimate
Callbased
Us on Worst-case scenario. So, the Three
Chat Point Estimate using Beta distribution is (4
Query?
*108000) + 90000 + = 660000/6 = $ 110000.




2. John is managing a project. The project is about three-fourths done when the site
engineer reports that due to inherent complexities in a certain task, the deliverables
would get delayed. This would involve additional analysis and then implementation. He
requests that this new work, which was not envisioned earlier, be added to the scope
and also the time required be added to the schedule. You and the site engineer have
analyzed the impact of this change to cost and have written up a change request and
requested approval from change control board. Just today, you have received approval
from the change control board. What should be the immediate course of action?


Start work immediately


Ascertain the impact of this change to scope, schedule, and cost before making any change


Perform Quality Assurance


Make sure that the scope baseline and schedule baseline are updated to reflect the approved change before
implementing the change




Explanation:

As the change has been approved, you should always update the baseline (in this case, the scope and schedule
baseline) before implementing the change. This will ensure that you track performance against the new scope
and schedule, and not against the old benchmarks.




3. You are in charge of managing a software development project that is related to
simulations for driving racing cars. In one of your team meetings, it is revealed that a lot
of issues have been reported in the air tunnel modelling module. On deeper analysis, it
is found that many of the issues could have been prevented had a simple code review
checklist been used. You prepare a code review checklist and ensure the code is
reviewed per the checklist. This is a good example of:


Corrective Action


Preventive Action


Defect Repair

, Quality Control




Explanation:

This question is meant
Call Us to test your understanding of the difference
Chat between corrective action andQuery?
preventive
action. Defect repair might sound tempting, but it is only applicable for the issues found in the current delivery.
This is also not about Quality Control, so that leaves you with only two options: Corrective or Preventive actions.
Corrective actions are always preceded by nonconformity, while preventive actions are never preceded by
nonconformity. In this case, nonconformity in the form of a lot of issues during Quality Assurance were reported.
The root cause was identified to be the need of a standard checklist which was later used. Preventive action is
always taken proactively. In the question stated there is no demonstration of any proactive steps taken and hence
this is not an example of Preventive action.




4. You have replaced an earlier project manager in a project .The earlier project
manager has left the organization and you are now responsible for the project. On
reviewing the project management plan you are disturbed because a number of
procurement contracts have been signed off and they all turn out to be Cost plus fixed
fee types of contracts. Why are you worried?


All the risk is now with the seller


Contracts should always be T and M


Seller has no motivation to control cost and cost could spiral


Contracts should always be Fixed Price




Explanation:

As a project manager, you indeed have a reason to be worried if your project has already been signed off on Cost
Plus Fee type of contracts. In such contracts, you, the buyer, needs to pay the seller for all the costs and also an
agreed percentage of the cost. As a result, there is no motivation on the seller to control the costs; in fact, it is in
the interest of the seller to increase the costs. It is not necessary that all projects should always be T and M or
Fixed Price. Option A is clearly wrong since all the risks are, in fact, with the buyer and not the seller.




5. Your team is in its second month of development. You are managing a software
development project for a banking product. In one of the team meetings, a debate
arises if defects found during Quality control need to undergo change control. Some
team members are convinced that all defects should undergo change control, while the
others are convinced that defects need not undergo change control. Which of the
following statements are untrue?


Defects to deliverables need to undergo change control

, Defects to deliverables need not undergo change control


Corrective actions need to undergo change control


Preventive actions need to undergo change control
Call Us Chat Query?



Explanation:

Defects to deliverables, corrective actions, and preventive actions need to undergo change control. So all the
above statements are true except option B.




6. You are responsible for managing a project that deals with laying out a freeway
connecting two major port cities. Progress on the project has been smooth, and you
and your team are very confident on completing the project well within the stipulated
timelines. On reviewing, you see that the project has also run below the budget,
resulting in savings. You decide to add an extra feature of reflector strips on the road
every mile. You do a quick calculation and are satisfied that neither budget nor
schedule will slip. You feel that by adding these extra features you could also bag some
future projects. This is an example of:


Scope Creep


Gold Plating


Integrated Change Control


Fast Tracking




Explanation:

This is an example of Gold Plating. Integrated change control deals with formally approving or rejecting changes
before they are implemented, so it is not the correct answer. Fast tracking is a schedule compression technique,
so it too is not the correct answer. While Scope Creep is related to change in scope, it is related to uncontrolled
changes in product or projects scope and is often due to client interference. Gold plating is done intentionally or
knowingly for some strategic purpose. Here, the manager believes that by adding the extra features, future
projects could be bagged.

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