PMP Mock Test 20

Project Management Professional (PMP) – Online Sample Test for Certification exam Preparation

Please enter your email:

1. Which of the following statements are false regarding sensitivity analysis?

Sensitivity analysis is useful for determining the relative importance of variables that have a high degree of uncertainty to those that have low uncertainty

Sensitivity analysis helps determine which risks have the most potential impact on the project

Sensitivity analysis is a tool used in quantitative risk analysis

A tornado diagram is a display of sensitivity analysis

2. Which of the following statements are true regarding various activity scheduling tools?

ADM allows for conditional branching and iteration of activities

PDM is also known as activity on arrow network

PDM allows for conditional branching and iteration of activities

PDM approach uses boxes(nodes)to represent activities, and arrows represent the relationship and dependencies of work packages

3. All of the following statements regarding decision tree analysis are true except:

Decision tree is a diagramming technique used to select best course of action in situation where the future outcomes are uncertain

Decision tree analysis are tools of quantitative risk analysis

None of the choices are correct

EMV is the statistical concept that includes the average outcome of project outcomes based on various assumptions and scena

4. Quantitative risk analysis involves all of the following except:

Assess probability of meeting project objectives

Identify feasible cost and schedule targets given project risks

Quantify the potential project outcomes and probabilities

Ensure that risk management policies are being followed

5. You are currently in the process of prioritizing risks by their impact and probability of occurance. Which of the following tool/technique is least useful?

Risk data quality assessment

Risk urgency assessment

Interviewing, brainstorming

Risk categorization

6. All of the statements regarding Planning Packages are true EXPECT:

None of the choices are correct

Planning packages are WSB components with know work content but within detailed schedule activities

Planning packages reflect a future segment of work within a control account that has not yet been decomposed into detailed work packages

As work becomes more clearly defined ,planning packages are usually converted into work packages

7. In which of the following contract type will the buyer assume the highest risk for cost overrun and non-performance?

CPPC

CPIF

CPFF

Fixed fee plus incentive contracts

8. Which of the following document include a code of account identifier, a statement of work, and a list of schedule milestones for each WBS component?

WBS templates

WBS dictionary

Activity list

Scope baseline

9. With respect to risk management, which of the following are not true regarding decision tree analysis?

Decision tree shows the impact of one decision over another

Decision tree are tool of quantitative risk analysis process

The PDM schedule is typically used to construct the decision tree

Solving decision tree indicates which decision yields the greatest expected value to the decision maker

10. Which of the following are the part of WBS dictionary except:

Activity attributes

Who is responsible for the work

Code of account identified

Statement of work to be performed

Question 1 of 10