GAQM PPM-001 PPM Exam Practice Test Instant Access

Question 1

The product scope description is used to:

AGain stakeholders' support for the project.

BDocument the characteristics of the product.

CDescribe the project in great detail.

DFormally authorize the project.

Answer : B

Question 2

Which of the following would most likely increase the accuracy of estimating the project cost?

AUsing historical data.

BPricing out the work at lower levels in the work breakdown structure.

CBoth 1) Pricing out the work at lower levels in the work breakdown structure, and 2) Talking to people who have worked on similar projects.

DTalking to people who have worked on similar projects.

E1) Pricing out the work at lower levels in the work breakdown structure, and 2) Talking to people who have worked on similar projects, and 3) Using historical data.

Answer : E

Question 3

Which is one of the determining factors used to calculate CPI?

AEV

BSPI

CPV

DETC

Answer : A

Question 4

Management wants to be sure that the project is following defined quality standards. Which of the following should they look at?

ARisk management plan

BWBS

CStatement of work

DQuality audit

Answer : D

Question 5

Which of the following is TRUE about most project life cycles?

AStaffing level is highest at the start.

BThe stakeholders' influence is highest at the start.

CThe level of uncertainty is lowest at the start.

DThe cost of changes is highest at the start.

Answer : B

Question 6

Parametric estimates are based on variables such as:

AProject objectives and manpower allocations.

BPhysical characteristics and historical data.

CPrecise measurements and multiple inputs.

DThe WBS and similar projects.

EDetailed planning and cost restraints.

Answer : B

Question 7

Company A is delivering a product in three parts. The contract allows for the parts to be delivered either one after the other or at the same time.

Which type of project phasing will allow for the most flexibility in delivering the full product when product requirements are subject to rapid change?

ASequencing the delivery phases one after the other

BOverlapping the delivery phases

CDelivering the products iteratively

DDelivering all of the product at the same time

Answer : C

GAQM PPM-001 Professional in Project Management (PPM) - Standard Package PPM Exam Practice Test