PM Test Center

With only a week remaining, your $500,000 project is $2,000 over budget and you expect to lose your team’s bonus for not completing the project under budget. You know that your sponsor will determine the team’s bonus based on your report. What is the best thing for you to do?

A. Stress to your team that they must be more efficient during the last week to receive their bonus
B. Find a way to decrease the amount of testing so the project will complete under budget
C. Submit the report with accurate results and notify your team that the bonus will not be awarded
D. Submit the report stating you are under budget and find a way to borrow at least $2,000 from another project’s budget

Answer: C. Submit the report with accurate results and notify your team that the bonus will not be awarded
Providing accurate project reports is part of professional responsibility. Under no reasonable circumstances will you be excused for the intentional submission of deceptive reports. In addition, the bonus should have no bearing on completing the project in the best possible manner.

Which of the following statements about project scope and product scope is true?

A. Product scope ensures effective flow of a project while project scope is used to create a product.
B. Project scope and product scope can be used synonymously.
C. Product scope cannot be used to describe a project but project scope can be used to describe a product.
D. Project scope refers to work that needs to be accomplished to create a product; product scope refers to features that characterize a product.

Answer: D. Project scope refers to work that needs to be accomplished to create a product; product scope refers to features that characterize a product.
All other choices are false.

What key characteristic differentiates matrix organizations from functional or projectized organizations?

A. Team members report to two bosses.
B. The organization is grouped by areas of specialization.
C. After a project is closed, team members move on to other projects.
D. The project manager’s role is part-time.

Answer: A. Team members report to two bosses.
Team members in strong, balanced, and weak matrices all have two bosses: the project manager and the functional manager. Specialized groups describe functional organizations while team members move to other projects in projectized organizations. The role of a project manager could be full-time or part-time in matrix organizations.

You distributed your RFP to your list of qualified vendors and with only a few days before the deadline, one of them reaches out to you with some questions. However, you are extremely busy finishing up another project and your time is limited. The vendor offers to take you out to a lunch meeting to discuss their concerns on the RFP since you will have to eat at some point anyway. What is the best thing for you to do in this situation?

A. Accept since this really the best way to work them into your busy schedule
B. Accept but offer to pay for your own meal
C. Decline and propose another time for the meeting that is not during lunch
D. Ask your manager what your company policy is on outside meetings with vendors

Answer: C. Decline and propose another time for the meeting that is not during lunch
Having lunch with a potential vendor is a conflict of interest. There are no exceptions to this.

At your company’s annual corporate meeting, you discover that one initiative for the upcoming year is the development of a new project management office (PMO). Since you have been project manager for the company for the last five years, you know that the PMO can provide you with support that you have not had. Most likely, these PMO responsibilities could mean that the company’s project managers will:

A. Report to the new PMO
B. Receive consistent guidance and training across departments
C. Be forced to use templates for their project documents
D. Rely on the PMO to approve project changes

Answer: B. Receive consistent guidance and training across departments
Although it is possible that the other choices come true, the answer that will most likely be the outcome of the new PMO is every project manager in the organization getting the same type of support, leadership and training.

PMI expects project managers to use the PMBOK® Guide by:

A. Following it uniformly to all projects
B. Determining what knowledge is appropriate for any given project
C. Using the same methodologies and tools all the time
D. Applying the skills, tools, and techniques since they guarantee success over time

Answer: B. Determining what knowledge is appropriate for any given project
PMI expects project managers to use the PMBOK® Guide as a reference. It is subject to project managers deciding what areas are useful for their own projects. PMI does not condone project managers to blindly apply any knowledge.

Projects and operations have similarities and differences. Which of following is true?

A. Projects are performed by teams, operations are performed by individuals
B. Projects are temporary, operations are ongoing
C. Projects are planned, operations are executed
D. Projects are limited by constraints, operations are not

Answer: B. Projects are temporary, operations are ongoing
Projects and operations are both performed by teams, are both planned, executed, and monitored and controlled, and are both limited by constraints. However, projects must have an end and operations will not.

While developing a charter, you are asked to consider enterprise environmental factors. These may include all of the following except:

A. Historical information
B. Marketplace conditions
C. Government standards
D. Industry standards

Answer: A. Historical information
Enterprise environmental factors can include government standards, industry standards, organization infrastructure, and marketplace conditions. Historical information is an organizational process asset.

You are a project manager for a new client. To help you get acclimated more quickly, she directs you to their organizational process assets in the company archives. You know that when you locate that directory, you will likely find:

A. Industry standards
B. Historical information
C. Financial data
D. Market conditions

Answer: B. Historical information
Organizational process assets typically include processes, policies, templates, and historical information. They are essential inputs and outputs for many processes.

According to PMI®, a project is a(n) __________ endeavor undertaken to create a __________ product, service, or result.

A. special, permanent
B. temporary, unique
C. approved, capable
D. organized, needed

Answer: B. temporary, unique
That definition has been associated with the term since the first version of the PMBOK®.