Question 1

You are assigned to implement the project control plan. What should you do to ensure the plan is effective and current?

Options :

A : Perform periodic project performance reviews.

B : Identify quality project standards.

C : Follow ISO 9000 quality standards

D : Complete the quality control checklist.

Answer: A

Question 2

Which of the following is not a cost of non-conformance?

Options :

A : maintenance and calibration

B : warranty repairs

C : All of the other alternatives apply.

D : scrap

E : rework

Answer: A

Question 3

You are a project manager for Picture Shades, Inc. It manufactures window shades that have replicas of Renaissance-era paintings on the inside for hotel chains. Picture Shades is taking its product to the home market, and you're managing the new project. It will offer its products at retail stores as well as on its website. You're developing the project schedule for this under-taking and have determined the critical path. Which of the following statements is true?

Options :

A :

You calculated the early and late start dates, the early and late finish dates, and float times for all activities.

B :

You calculated the optimistic, pessimistic, and most likely duration times and the float times for all activities.

C :

You calculated the activity dependency and the optimistic and pessimistic activity duration estimates.

D :

You calculated the most likely start date and most likely finish dates, float time, and weighted average estimates.

Answer: A

Question 4

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 5

Project contracts generally fall into which of the following three broad categories?

Options :

A : Fixed-price, cost reimbursable, time and materials

B : Make-or-buy, margin analysis, fixed-price

C : Time and materials, fixed-price, margin analysis

D : Make-or-buy, lump-sum, cost-plus-incentive

Answer: A

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