PMI-SP

PMI-SP practice questions, page 3 of 13, with answer review and explanations.

Question 11

Which one of the following estimate types is a form of expert judgment?

  1. Parametric estimate
  2. Analogous estimate
  3. Bottom-up estimate
  4. Definitive estimate

Question 12

You are the project manager of the NHA Project. This project is expected to last one year with quarterly milestones throughout the year. Your project is supposed to be at the third milestone today but you're likely only 60 percent complete. Your project has a BAC of $745,000 and you've spent $440,000 of the budget-to-date. What is your schedule performance index for this project?

  1. 80
  2. 1.02
  3. 102
  4. 0.80

Question 13

SIMULATION - Fill in the blank with an appropriate phrase. The __________ includes a description of any collateral services required, such as performance reporting or post-project operational support for the procured item.

Question 14

Mark is the project manager of the GHQ Project. He is happily reporting that his project has a schedule performance index of 2.12. Management, however, does not think this is good news. What is the most likely reason why management does not like an SPI of 2.12?

  1. It is not good news because a larger number means the schedule duration estimates were likely to be wrong to begin with.
  2. They likely do not understand the SPI formula.
  3. It is not good news, as the number should be closer to 100 than 0.
  4. It is good news, but Mark may have large cost variances to achieve this value.

Question 15

You are the project manager of the BHG Project. You are creating a network diagram as shown in the figure: Mary, a project team member, reports that an identified risk is likely to happen in the project that will affect the completion date of Activity D . She reports that the risk event will likely cause the duration of the activity to increase by six days. If this happens what is the earliest the project can complete?

  1. 32 days
  2. 29 days
  3. 27 days
  4. 26 days