PMP Sample Test 20

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

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1. You are a project manager at a historic Shoppe, a rapidly growing bookstore selling hard to find books and periodicals. Currently your company is planning on opening additional stores throughout the United States. Your primary market includes densely populated, major metropolitan cities.
Your company is deciding among New York, Los Angeles, and Seattle. Based on data which project should be recommended using the discounted cash flow technique?
Project New York makes $100,000 in 2 years
Project Los Angeles makes $110,000 in 3 years
Project Seattle makes $120,000 in 4 years
Assume that the cost of capital is 8%


2. You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. To keep up with the demands you have been assigned with the responsibility of upgrading company’s network and computing infrastructure. You planned to purchase a new high-end mainframe server. The new server will cost $150,000 and can be used for 10 years. After 2 years the resale value of mainframes will be $100,000. After 5 years the resale value of server will be $75,000. After 7 years the resale value of server will be $30,000. After 10 years, the server will be obsolete.
What is the annual depreciation expense for this server if you use straight-line depreciation?


3. You are a part of project software team responsible for developing a new CRM software application. The project has been ongoing for the past several months. A few members of the project team are currently discussing introducing a significant change to one of the major work packages. After discussions you received a message from the vice president of engineering informing you of the project changes, and are asked to complete the necessary paperwork in order to process the change. This is an example of:


4. You are the project manager at information technology division of a large health care provider in the United States. Due to the new regulatory requirements enacted by HIPAA to ensure the privacy of confidential medical records, you have been assigned to audit all I.T. system to ensure compliance.
You need to ensure that all the data in database is encrypted to ensure confidentially. You need to ensure that all the users are properly authenticated and authorization to confidential information follows the least privilege principle.
The deadline to ensure the compliance with HIPAA regulations is within 120 days. Failing to complete the project in 120 days will result fine to your organization. You have been given a budget of $500,000 dollars. Due to the overall budget cuts this year, you have been told that the budget is $500,000 and cannot exceed from this. Which are the primary constraints for the project?


5. 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 throughout Europe. Your company is evaluating different areas of expansion, including, France, Germany and England.
You intend to use NPV (net present value) analysis to evaluate which area provides the base opportunity for expansion. Which of the following statements are true regarding NPV calculations?


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


7. Which of the following best determines the amount of authority a project manager will have during a project?


8. One of the following items is not used in assessing the completion of the project scope. Which one?


9. According to the PMI, which of the following best describes the differences between programs and projects?


10. Your company manufactures memory chips for workstation computer. Your project involves manufacturing a very high capacity memory chip. 128GB. You have worked on he same project two year ago to manufacture low capacity memory chip.2GB. You are in the DEVELOP THE PROJECT CHARTER process. Which of the following inputs is least helpful?


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