Question 1

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 2

A team member from research and development tells you that her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the average labor hours per installation from past projects to predict the future. This is an example of which of the following?

Options :

A : Parametric estimating

B : Three-point estimating

C : Analogous estimating

D : Monte Carlo analysis

Answer: A

Question 3

Company A is delivering a product in three parts. The contract allows for the parts to be delivered either one after the other or at the same time. Which type of project phasing will allow for the most flexibility in delivering the full product when product requirements are subject to rapid change?

Options :

A : Sequencing the delivery phases one after the other

B : Overlapping the delivery phases

C : Delivering the products iteratively

D : Delivering all of the product at the same time

Answer: C

Question 4

When do stakeholders have the greatest influence?

Options :

A : At the start of the project

B : At the end of the project

C : During execution

D : Stakeholders have constant influence

Answer: A

Question 5

What tool and technique includes all costs incurred over the life of a product by investment in preventing nonconformance to requirements?

Options :

A : Cost of quality

B : Measure of design

C : Statistical control

D : Systematic analysis

Answer: A

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