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PMI Scheduling Professional

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Total Questions : 323

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Question # 21

You are the project manager of the GHE Project. You have identified the following risks with the characteristics as shown in the following figure: How much capital should the project set aside for the risk contingency reserve?

Options:

A.  

$142,000

B.  

$232,000

C.  

$41,750

D.  

$23,750

Discussion 0
Question # 22

Diane is the project manager of the HGF Project. A risk that has been identified and analyzed in the project planning processes is now coming into fruition. What individual should respond to the risk with the preplanned risk response?

Options:

A.  

Diane

B.  

Project sponsor

C.  

Risk owner

D.  

Subject matter expert

Discussion 0
Question # 23

You are the project manager of the NHA Project. This project is expected to last one year with quarterly milestones throughout the year. Your project is supposed to be at the third milestone today but you're likely only 60 percent complete. Your project has a BAC of $745,000 and you've spent $440,000 of the budget-to-date. What is your schedule performance index for this project?

Options:

A.  

80

B.  

1.02

C.  

102

D.  

0.80

Discussion 0
Question # 24

Examine the figure given below: Which path is considered the critical path?

Options:

A.  

ACDFJ

B.  

ACGIJ

C.  

ABEFJ

D.  

ABDFJ

Discussion 0
Question # 25

You are the project manager of the NNN Project. Stakeholders in the two-year project have requested to send status reports to them via email every week. You have agreed and are sending the reports on each Thursday. After six months of the project, the stakeholders are pleased with the project progress and they would like you to reduce the status reports to every two weeks. What process will examine the change to this project process and implement it in the project?

Options:

A.  

Project change control process

B.  

Perform integrated change control process

C.  

Configuration management

D.  

Communications management

Discussion 0
Question # 26

You are the project manager of the NDF project. You need to determine how often a complete project report can be made, including forecasted project completion information for your project. How often should the report be created?

Options:

A.  

Weekly

B.  

One per status milestone reached

C.  

Regularly or on an exception basis

D.  

Exception-by-exception basis

Discussion 0
Question # 27

Wendy is the project manager for the NHQ project. She is working with her project to begin creating the project duration estimate. Her organization is in weak matrix and several of the project team members are scheduled to complete work on other projects. What input will most likely be of the biggest assistance as Wendy and the project team begin creating the duration estimate for this project?

Options:

A.  

Project charter

B.  

Project scope statement

C.  

Project communications management plan

D.  

Resource calendar

Discussion 0
Question # 28

You are the project manager of the GHY Project. This project is scheduled to last for one year and has a BAC of $4,500,000. You are currently 45 percent complete with this project, though you are supposed to be at your second milestone, which accounts for half of the project completion. There have been some errors in the project, which has caused you to spend $2,073,654. What is this project's planned value?

Options:

A.  

$2,025,000

B.  

There is not enough information to know

C.  

$4,500,000

D.  

$2,250,000

Discussion 0
Question # 29

You are the project manager for your organization. Your current project has a schedule variance of -$37,500 and a schedule performance index of 0.94. What do these values mean in regard to project performance?

Options:

A.  

Your project is likely to be late and over budget.

B.  

Your project is performing well.

C.  

Your project has a planned value of $600,000.

D.  

Your project is six percent off schedule and has a considerable schedule variance.

Discussion 0
Question # 30

Which of the following is an output of the Develop Project Charter process?

Options:

A.  

Enterprise environmental factors

B.  

Contract

C.  

Business case

D.  

Project charter

Discussion 0
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