PMI-SP

PMI-SP practice questions, page 12 of 13, with answer review and explanations.

Question 56

You are the project manager of the GHY Project. This project is scheduled to last for one year and has a BAC of $4,500,000. You are currently 45 percent complete with this project, though you are supposed to be at your second milestone which accounts for half of the project completion. There have been some errors in the project which has caused you to spend $2,073,654. What is this project's schedule performance index?

  1. 1.02
  2. 0.98
  3. 0.90
  4. -$108,120

Question 57

Holly is the project manager for her organization. She is creating the activity list and would like to tag those activities that are comprised of discrete effort. What is discrete effort?

  1. It is a term used to describe activities whose effort cannot be directly measured to the project objectives.
  2. It is a term used to describe activities whose effort can be directly measured and linked to the project objectives.
  3. It is a term used to describe activities that are supportive of the project work, but not linked to the project deliverables.
  4. It is a term used to describe activities that are core project management processes, but not core project activities.

Question 58

Lily works as a project manager for BlueWell Inc. She has recorded the following duration estimates for an activity in her project: optimistic 35, most likely 50, and pessimistic 95. What time will she record for this activity?

  1. 48
  2. 55
  3. 54
  4. 40

Question 59

Nancy is the project manager of the JJJ Project. This project has recently been approved by the project customer as complete so Nancy must now finalize the administrative closure. Nancy needs to create the final project report to report the successes and failures in the project. Who should Nancy deliver this final project report to if she is participating in a projectized structure?

  1. Functional Management
  2. Project sponsor
  3. Whomever the communications management plan directs her to
  4. Project customer

Question 60

You are the project manager of the AHQ project. This project is scheduled to last for six months and will require $345,000 to complete. If the project completes earlier than scheduled, your organization will receive a bonus of $5,000 per day of early completion. Management has asked you to develop an aggressive schedule to realize as much of the bonus as possible, but management does not want you to increase the costs of the project beyond $1,000 per day of the bonus realization. Which of the following approaches will likely add costs to the project?

  1. Adding leads to the project work
  2. Fast tracking
  3. Crashing
  4. Using the critical chain method