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PMI Scheduling Professional PMI-SP Exam Questions
Question 1
You are the project manager for your company. You are working with the activities defined in the figure below.
What will happen to your project if Activity F takes five additional days to complete than what was expected?
Answer : B
Activity F is on the critical path of ACFHK of 30 days. By adding five additional days to Activity F, the project will now take 35 days to complete. Answer options C, A, and D are incorrect. These are not the valid answers.
Question 2
You are the project manager for your organization. Management has offered you a bonus if you can complete the project work two months earlier than what your schedule predicts. You can use a schedule compression technique, but management does not want to increase costs in the project. What approach would you recommend to condense the project duration?
Answer : A
Of all the choices, only fast tracking is an option that would not increase project costs. Fast tracking
allows phases of the project to overlap,
but it does increase project risks.
Fast tracking is a technique for compressing project schedule. In fast tracking, phases are overlapped
that would normally be done in
sequence. It is shortening the project schedule without reducing the project scope.
Answer option B is incorrect. Crashing adds labor to the project and increases project costs.
Answer option C is incorrect. Effort-driven activity analysis examines activities whose duration may
be reduced by adding labor. This approach,
however, increases project costs, as it is a form of project crashing.
Answer option D is incorrect. Rewards and recognitions are good incentives for the project team, but
simply offering the reward does not
decrease the duration of the project.
Question 3
You are the project manager for the NQQ Project for your organization. You and the project team
are creating the activity list for the NQQ Project. You have instructed the project team members that
they should include an activity identifier and a scope of work description for each
activity in the activity list. Why is this information needed?
Answer : C
The primary reason for including the activity identifier and the scope of work
description for each activity is to ensure the project team
understands what work is required to be completed.
Answer option B is incorrect. Profit and loss statements are not required for all projects and they are
linked to actual performance against a
project baseline.
Answer option D is incorrect. Communicating to the stakeholders is always a good idea, but
stakeholders would not usually need to know the
activity details. Their focus is on project benefits and deliverables.
Answer option A is incorrect. A requirements traceability matrix is the tool to link requirements to
project deliverables.
Question 4
Once the project's WBS has been created what process may happen next?
Answer : B
The define activities process is the process that may begin once the project's WBS has been completed and approved. It is possible, in some projects, to complete the WBS and the activity list at the same time. Answer option D is incorrect. Sequencing the activities cannot happen until the activity list has been created. Answer option A is incorrect. Estimating activity resources is dependent on the activity list, so this choice is not valid. Answer option C is incorrect. Estimate activity durations are dependent on the activity list, so this choice is not valid.
Question 5
John works as a Project Manager for Blue Well Inc. He is measuring cost efficiency of his project. The
key values are provided in the table below:
What is the cost performance index (CPI) of the project at the current point of time?
Answer : C
According to the question, you are required to calculate the cost performance index (CPI) of the project. Cost performance index (CPI) is used to calculate performance efficiencies. It is used in trend analysis to predict future performance. CPI is the ratio of earned value to actual cost. The CPI is calculated based on the following formula: CPI = Earned Value (EV) / Actual Cost (AC) If the CPI value is greater than 1, it indicates better than expected performance, whereas if the value is less than 1, it shows poor performance. The CPI value of 1 indicates that the project is right on target. Here, CPI is as follows:
CPI = EV / AV
= 425/510
= 0.833
As the CPI (0.833) is less than 1, it shows that the schedule performance is below expectation. What is BCWP (or EV)?
Budgeted cost of work performed (BCWP) or Earned Value (EV) is the value of completed work. It is the budgeted amount
for the work actually completed on the schedule activity during a given time period. What is BCWS (or PV)?
Budgeted Cost of Work Scheduled (BCWS) or Planned Value (PV) is the authorized budget assigned to the scheduled work to be accomplished for a schedule activity or Work Breakdown Structure (WBS) component. What is ACWP (or AC)?
Actual cost of work performed (ACWP) or Actual Cost (AC) is the total costs actually incurred and recorded in accomplishing
work performed during a given time period for a schedule activity. It is the cost of the work to date,
including direct and
indirect costs. AC is money that has actually been expended to date.
Question 6
You are the project manager of the GHY project. Your project has a BAC of $675,000 and is forty percent complete though you were supposed to be forty-five percent complete. Due to some errors early in the project, you had to spend $278,000 of your project's budget to reach this point. Management is asking for a variance report. What part of your project has the largest variance?
Answer : B
Your schedule variance is -$33,750. You can find this by using the formula earned value-
minus planned.
Answer option C is incorrect. Cost is not the largest variance in the project.
Answer option A is incorrect. Cost is not the largest variance in the project (it is -$8,000).
Answer option D is incorrect. -$20,000 is the variance at completion for the project.
Question 7
You have been assigned to a project that centers on a discipline you are only topically aware of. While you do have years of experience as a project manager, but you have never worked with the technology, as is in this project. During the define activities process, you rely on your project team and two consultants to coach you and identify the type of activities the project will include. Which tool and technique are you using in the define activities process in this scenario?
Answer : D
When the project manager relies on consultants or the project team (or both), it is an example of expert judgment. Expert judgment is a technique based on a set of criteria that has been acquired in a specific knowledge area or product area. It is obtained when the project manager or project team requires specialized knowledge that they do not possess. Expert judgment involves people most familiar with the work of creating estimates. Preferably, the project team member who will be doing the task should complete the estimates. Expert judgment is applied when performing administrative closure activities, and experts should ensure the project or phase closure is performed to the appropriate standards. Answer option C is incorrect. This is not an example of decomposition. Answer option B is incorrect. This is not an example of rolling wave planning. Answer option A is incorrect. This is not an example of using a project template.
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