pmi pmi-sp practice test

Answer:

A

Explanation:
The float for Activity I is three days. The early start for Activity I is Day 17 and the late start for
Activity I is Day 20. Therefore, the difference of
the early start and the late start reveals the float as three days. It is possible, and acceptable, to use
the difference of the early finish and the late finish to find the float, as the value will be the same
amount. Answer options B, D, and C are incorrect. These are not the valid calculation for the total
float.

Answer:

Schedule.

Explanation: An activity is an individual element of work that is logically linked to other activities to
form the schedule. Its primary characteristics include an overall duration based upon the resources
applied to it (manpower, material, and equipment), as well as a start and
completion date that is tied to a work calendar. It also has a relationship with other activities
(predecessors and successors).

Answer:

B

Explanation:
The project's Communications Management Plan defines what information will be distributed, when
it will be distributed, to whom it will be
distributed, and the modality of the information.
Answer option D is incorrect. The Schedule Management Plan defines the project work, when the
project work will happen, resource
utilization, and how the schedule will be monitored and controlled.
Answer option C is incorrect. There is a stakeholder management strategy, but not a Stakeholder
Management Plan.
Answer option A is incorrect. The project's Scope Management Plan defines how the scope will be
created, how the changes will be allowed,
how the scope will be executed, monitored and controlled, and finally closed.

Answer:

D

Explanation:
Beth, the project manager, is responsible for communication with all stakeholders. According to the
PMBOK, the project manager occupies the
center of the interactions between stakeholders and the project itself.
Answer option B is incorrect. Sarah may help with the communications, but she is not responsible
for the communications.
Answer option A is incorrect. Thomas, the project sponsor, just needs to be kept abreast of the
information.
Answer option C is incorrect. The project team leaders for the virtual sites are not responsible for
communicating with the project
stakeholders.

Answer:

D

Explanation: According to the question, you have to use the estimating technique that has a higher
degree of accuracy. The most accurate estimating
technique is bottom-up estimating.
What is bottom-up estimating?
Bottom-up is a cost estimating technique that involves estimating the cost of individual work
packages or schedule
activities with the lowest level of detail. The detailed cost is rolled up (or summarized) to higher
levels for total project
estimates. This summarized data is very useful for reporting and tracking purposes. Bottom-up
estimating provides a
higher degree of accuracy, provided the estimates at the work package level are accurate.
Answer options C, A, and B are incorrect. Parametric modeling and analogous estimating techniques
use top-down estimation model. These
are less accurate than the bottom-up estimation.
What is analogous estimating?
Analogous is an estimating technique that uses the values of parameter, such as scope, cost, budget,
and duration or
measures of scale such as size, weight, and complexity from a previous, similar activity as the basis
for estimation of the
same parameter for a future activity. It is a top-down estimating technique and is a form of expert
judgment. It provides a
lower degree of accuracy than other estimating techniques. This technique is primarily used when
there is a limited amount
of detailed information about the project or program.
What is parametric modeling?
Parametric modeling is an estimating technique that uses parameters, or project characteristics, to
forecast project costs.
It involves a top-down approach and is similar but more accurate than analogous estimating. It uses
historical data and
other variables to calculate an estimate for activity parameters, such as scope, cost, budget, and
duration.

Answer:

C

Explanation: A schedule baseline provides a method to track project progress during project
execution against what was planned.
What is schedule baseline?
Schedule baseline is a project schedule used in measuring project progress. It helps provide a
comparison with the actual
progress of work against the schedule and to determine if performance to date is within acceptable
parameters. Any
change caused by change in scope of the project invalidates the original schedule and requires a new
baseline schedule.
Answer options D, A, and B are incorrect. A detailed project budget, team members profile, and
benefit-cost ratio will not help you track
project progress.
What is BCR?
A benefit-cost ratio (BCR) is an indicator, used in the formal discipline of cost-benefit analysis, that
attempts to summarize
the overall value for money of a project or proposal. A BCR is the ratio of the benefits of a project or
proposal, expressed in
monetary terms, relative to its costs, also expressed in monetary terms. All benefits and costs should
be expressed in
discounted present values. For e.g., a BCR of $3.8 indicates a payback of $3.8 for each dollar
expended.

Answer:

Pending

Answer:

A

Explanation: Risk activities are not part of the schedule data. Risk is documented in the risk register,
and monitored and controlled throughout the project.
In some instances, risk may be part of the activity attributes. The schedule data includes the
schedule milestones, schedule activities, activity
attributes, and the assumptions and constraints.
The schedule data includes the schedule activities, schedule milestones, activity attributes, and
documentation of all known assumptions and
constraints. The sum of additional data varies by application area. The schedule data commonly
supplied as supporting details includes:
Resource requirement by time period, frequently in the category of histogram
Alternative schedules, such as best case or worst case, or resource leveled, with or without imposed
dates
Scheduling of contingency reserves
Answer option D is incorrect. Schedule milestones are part of the schedule data.
a
Answer option B is incorrect. Schedule activities are part of the schedule data.
Answer option C is incorrect. Activity attributes are part of the schedule data.

Answer:

D

Explanation: Hard logic, also known as mandatory dependencies, describes activities that must be
completed in a particular order.
Hard logic is a binding connection between activities. It is also known as mandatory dependency or
hard dependency. Hard logic requires
activities to take place in a specific order according to the nature of work. It is a well-built connection
where an activity cannot start until and
unless a previous one is completed. There are also substantial hard logic connections where soft
logic does not usually apply. Several
activities rely on hard logic for the successful completion of the project.
Answer options B, A, and C are incorrect. These are not a valid description of hard logic.

Answer:

A

Explanation: The project's scope baseline is not derived or provided by the project's activity list. The
scope baseline is made of the project's WBS, WBS
Dictionary, and the Project Scope Statement. The activity list provides for estimating, scheduling,
executing, and monitoring and controlling the
project work.
The scope baseline is an element of the project management plan. The contents of the scope
baseline include the following:
Project scope statement: It includes the product scope description and the project deliverables, and
defines the product user
acceptance criteria.
WBS: It defines each deliverable and the decomposition of the deliverables into work packages.
WBS dictionary: It contains the detailed description of work and technical documentation for each
WBS element.
Answer option D is incorrect. Estimates do provide a basis for creating time and cost estimates.
Answer option B is incorrect. Activities are executed in the project.
Answer option C is incorrect. Activities are scheduled as part of project planning.

Answer:

s D, B, and
A.

Explanation: The judgmental forecasting method incorporates intuitive judgments, opinions and
subjective probability estimates. Some examples of
judgmental forecasting are as follows:
Composite forecasts
Surveys
Delphi method
Scenario building
Technology forecasting
Forecast by analogy
Answer option C is incorrect. Autoregressive moving average is an example of the
causal/econometric method.

Answer:

A

Explanation: The communications management plan defines who needs what information, when the
information is needed, and the modality the
information is expected in.
Answer option C is incorrect. The project schedule could include project management activities such
as schedule communication, but the
communications management plan is the best answer as this information is absolutely documented
in this plan.
Answer option D is incorrect. The schedule management is not the best location for this information.
Answer option B is incorrect. The request for customer communication is not an issue, so this choice
is not the most appropriate.

Answer:

A

Explanation: The activity attributes initially include the Activity ID, WBS ID, and the Activity Name,
but it can evolve over time to include other components
about the work.
Activity attributes are an output of the Define Activity process. These attributes refer to the multiple
components that frame up an activity. The
components for each activity during the early stages of the project are the Activity ID, WBS ID, and
Activity name. At the later stages, the
activity attributes include Activity codes, Predecessor activity, activity description, logical
relationship, successor activity, leads and lags,
imposed dates, and constraints and assumptions. Activity attributes are used for schedule
development and for ordering, selecting, and
sorting the planned schedule activities in a number of ways within reports.
Answer option B is incorrect. A project management plan is a formal document that defines how the
project is being monitored, controlled, and
executed. It is not the best answer.
Answer option D is incorrect. The roles and responsibilities matrix records the work and the person
to record the work, but does not offer
additional information such as locale for the work, level of effort, and other information.
Answer option C is incorrect. The Schedule Management Plan defines how the schedule will be
created, executed, and controlled.

Answer:

D

Explanation: The planned value is the worth of the project if it were on time. In this instance, the
project should be 50 percent complete, so the planned
value is half of the project budget - $2,250,000.
Planned value (PV) is the authorized budget assigned to the schedule work to be accomplished for a
schedule activity or work breakdown
structure component. It serves as a baseline against which actual performance is measured. The
theory of planned value is of vital importance
to the project management team and it is important to keep careful track of this. The term planned
value can also be in some situations
referred to by the project management team and the project management team leader as the
budgeted cost of work scheduled (BCWS).
Answer option C is incorrect. This is the budget at completion.
Answer option A is incorrect. This is the earned value for the project.
Answer option B is incorrect. There is enough information to know.

Answer:

D

Explanation: Fast tracking allows entire phases of the project to overlap and this action does
increase risks. This is an approach that you would want to
avoid in your project.
Answer option B is incorrect. Crashing adds labor to the project and typically drives project costs.
Answer option A is incorrect. The critical chain method considers the availability of project resources
as part of its network diagramming
technique.
Answer option C is incorrect. Lead time allows project activities to overlap and may introduce
project risks, but not to the extent of using fast
tracking.