PMP Practice Test 19

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

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1. You are the project manager at Happy Coffee Café, a rapidly growing franchise selling premium blended coffee. Currently, your company is planning on opening additional stores through the United states. Your target markets primarily include densely populated metropolitan areas. Your company is evaluating different areas for expansion, including New York, San Francisco, and Seattle. Based on your market analysis you have obtained the following information:
New York-IRR (45%), payback period (1.5 years)
San Francisco-IRR (32%), payback period (1.1 years)
Seattle-IRR (36%), payback period (0.75 years) Based on this data which area is best for Happy Coffee Café?


2. You are the project manager at Day-Old donuts a rapidly growing franchise selling premium donuts at a discount. Currently, your company is planning on opening additional stores throughout Europe. Your company is evaluating different areas for expansion including France, Germany and England. You need to give the presentation to the steering committee to discuss which areas provide the best opportunities for expansion. For each of the three locations, you have been asked to determine the discount rate at which the present value of future cash flows of an investment equal to the cost of investment. What is this considered?


3. Projects are typically authorized as a result of one or more of the following needs:


4. Which of the following statements are true?


5. Your company develops large commercial and industry real estate. In you current project, you have been asked to manage the construction of a 30-story office building. Which document describes the business needs for this project, identifies key deliverables, and gives you authority to begin the project and start assigning resources?


6. Dennis works for an international manufacturer of consumer electronics. He has been recently assigned to supervise and manage the manufacturing of a new model of flat-screen televisions. His supervisor congratulates Dennis on his expanded responsibilities. He informs Dennis that his new assignment will have the 1000 units of the new flat screen manufactured by September. What of the following is true regarding Dennis’s new assignment?


7. According to PMI, application areas are categories of projects that have common elements in the majority of project, but are NOT necessarily required or applicable to all projects. Application areas are NOT usually defined in terms of:


8. Which of the following are not inputs to the develop preliminary project scope statement?


9. Your company manufactures CPU for high-end workstation computers. Your current project involves manufacturing a very high speed CPU (~10GHZ). You worked on a similar project three years ago to manufacture a lower speed CPU (~2GHZ). You are in the develop project charter process. Which of the following inputs are LEAST helpful?


10. According to the PMI, which of the following are NOT true with regards to programs and projects?


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