PMI PMI Certifications PMI-SP Questions & Answers

• Question 201:

  Lara has been assigned to a construction project. The project includes constructing a residential building with fifty flats. On which of the following events will the project be considered successful?

  A. The project meets or exceeds the expectations of the stakeholders.

  B. The building is complete and handed over to the authority concerned.

  C. The keys of the first flat are handed over to the owner of the flat.

  D. Successful possession of all flats is made.

  Correct Answer: A

  A project is considered successfully completed when the stakeholder needs and expectations are met or exceeded. What is a project? In project management a project consists of a temporary endeavor undertaken to create a unique product, service or result. An other definition is a management environment that is created for the purpose of delivering one or more business products according to a specified business case. Project have the following characteristics: They are unique. They are temporary in nature and have a definite beginning and ending date. They are completed when the project goals are achieved. Their success is measured by evaluating whether they meet or exceed expectations of the stakeholders. Project objectives define target status at the end of the project, reaching of which is considered necessary for the achievement of planned benefits. A project should be specific, measurable achievement, achievable, realistic, time bounded, ethical and recorded. The evaluation (measurement) occurs at the project closure. However a continuous guard on the project progress should be kept by monitoring and evaluating. Who are project stakeholders? Project stakeholders are those entities within or without an organization, which: Sponsor a project or, Have an interest or a gain upon a successful completion of a project. Examples of project stakeholders include the customer, the user group, the project manager, the development team, the testers, etc. Stakeholders are anyone who has an interest in the project. Project stakeholders are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion. They may also exert influence over the project's objectives and outcomes. The project management team must identify the stakeholders, determine their requirements and expectations, and, to the extent possible, manage their influence in relation to the requirements to ensure a successful project. Answer options D, C, and B are incorrect. These events are not the measurement of the project's success.

• Question 202:

  You are the project manager of the HQQ Project. Your project is running late by ten percent of where you should be at this time. Management is concerned and they'd like to know what is your schedule performance index. Considering that the project has a BAC of $567,899, you are thirty percent complete, and you have spent $179,450, what is the SPI for this project?

  A. $227,140

  B. 0.75

  C. 0.95

  D. -$56,789

  Correct Answer: B

  The schedule performance index is found by dividing the earned value by the planned value. In this instance, the planned value is ten percent more than where the project is forty percent of the budget at completion. Schedule performance index (SPI) is the measure of schedule efficiency on a project. It is used in trend analysis to predict future performance. SPI is the ratio of earned value to planned value. The SPI is calculated based on the following formula: SPI = Earned Value (EV) / Planned Value (PV) If the SPI value is greater than 1, it indicates better than expected performance, whereas if the value is less than 1, it shows poor performance. The SPI value of 1 indicates that the project is right on target. Answer option C is incorrect. 0.95 is the project's cost performance index. Answer options A and D are incorrect. An index is a decimal value.

• Question 203:

  Examine the figure given below.

  

  In this project network diagram, what is the total float for Activity I?

  A. Three

  B. Zero

  C. Five

  D. One

  Correct Answer: A

  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.

• Question 204:

  You are the project manager of the SWC project. You have created the stakeholder register. In the stakeholder register of your project, you will have all of the following information except for which one?

  A. Stakeholder classification

  B. Project management team's classification

  C. Assessment information

  D. Identification information

  Correct Answer: B

  The stakeholder register does not contain the project management team's classification information. The stakeholder register is a project management document that contains a list of the stakeholders associated with the project. It assesses how they are involved in the project and identifies what role they play in the organization. The information in this document can be very perceptive and is meant for limited exchange only. It also contains relevant information about the stakeholders, such as their requirements, expectations, and influence on the project. Answer options D, C, and A are incorrect. These are the parts of the stakeholder register.

• Question 205:

  Thomas works as a contract-based project manager for BlueWell Inc. Management has hired Thomas to manage a high-risk project because Thomas has years of experience with this technology and similar project. Thomas would like to use his own templates for the project schedule, quality, and risk management approach. Management is fine with this, except after reviewing the template they had preferred Thomas to use 24-hour time periods for his project calendar rather than the 8-hour time periods as indicated. Thomas agrees, but now he has to update what document in his project management plan?

  A. Project calendar

  B. Activity attributes

  C. Resource calendar

  D. Schedule management plan

  Correct Answer: A

  The project calendar needs to be updated to reflect the 24-hour time period rather than the 8-hour time period. The project calendar is used to define the working and nonworking days and times for tasks. This calendar is usually used to represent an organization's traditional working hours. Project uses this calendar to schedule tasks that do not have resources assigned or that have a task type of fixed duration. By default, the Standard base calendar is used as the project calendar. A user can also reflect alternative schedules by using other base calendars. The working days and hours in the project calendar reflect the working days and hours for the whole project. A user can also specify special days off, such as company holidays. A user can also indicate other nonworking times to reflect periods when the whole team will be working on nonproject activities, such as company meetings or department retreats. Answer option D is incorrect. The schedule management plan will reference to the project calendar and the resource calendar. It does not need to be updated directly as a result of the time period change. Answer option C is incorrect. The resource calendar does not need to be updated as this document defines when resources are available. Answer option B is incorrect. The activities of the project are not changing, only the time periods of the project calendar.

• Question 206:

  You work as a project manager for BlueWell Inc. You are in the process of identifying all the people and organization impacted by the project. Mark, a project team member, has some doubts about the inputs of the Identify Stakeholder process. What is referred to as an input to the identify stakeholder process in project communication management?

  A. Expert judgment

  B. Project charter

  C. Stakeholder analysis

  D. Stakeholder register

  Correct Answer: B

  The project charter is an input to the identify stakeholder process. It provides information about the internal and external parties concerned and is affected by the project. The project charter is the document that formally authorizes a project. The project charter provides the project manager with the authority to apply organizational resources to project activities. According to PMBOK Guide, the project charter should address the following information: Requirements that satisfy customer, sponsor, and other stakeholder needs, wants and expectations Business needs, high-level project description, or product requirements that the project is undertaken to address Project purpose or justification Assigned Project Manager and authority level Summary milestone schedule Stakeholder influences Functional organizations and their participation Organizational, environmental and external assumptions Organizational, environmental and external constraints Business case justifying the project, including return on investment Summary budget If required, it also authorizes the next project phase, and updates the charter. The project manager should always be assigned prior to the start of planning, and preferably while the project charter is being developed. Answer option A is incorrect. 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. Stakeholder analysis is the identification of stakeholder needs, wants and expectations. It involves the documentation, prioritization, and quantification of the needs to help define the project scope. Stakeholders' interests may be positively or negatively affected by execution or completion of the project and they may also exert influence over the project and its deliverables. Answer option D is incorrect. The stakeholder register is a project management document that contains a list of the stakeholders associated with the project. It assesses how they are involved in the project and identifies what role they play in the organization. The information in this document can be very perceptive and is

  meant for limited exchange only. It also contains relevant information about the stakeholders, such as their requirements, expectations, and influence on the project.

• Question 207:

  You are the project manager for your organization. You are working on creating the activity list so that you can create the project schedule. This current project is similar to a project you have completed for your company. You and the project team decide to use the previous project as a template for your current project. A template can help you and the project team do all of the following except for which one?

  A. Identify typical schedule milestones.

  B. Create parametric estimates for repetitive activities.

  C. Save time creating activity duration estimates.

  D. Import activity attributes.

  Correct Answer: B

  Parametric estimates are created for repetitive tasks, such as four hours per unit installed; 1,000 units to install would equate to 4,000 hours. A template does not address this type of time estimating directly. A template for time estimating is an analogous estimate type. A template for any project is an activity list or a part of the activity list from a previous project. The template contains the activity attributes information and other vivid information that are helpful to define activities. It is also used to classify schedule milestones. Answer option D is incorrect. Templates can include activity attribute information. Answer option A is incorrect. Templates do indicate milestones. Answer option C is incorrect. Templates can save time for the project manager and the project team.

• Question 208:

  Diane is the project manager of the HGF Project. A risk that has been identified and analyzed in the project planning processes is now coming into fruition. What individual should respond to the risk with the preplanned risk response?

  A. Diane

  B. Project sponsor

  C. Risk owner

  D. Subject matter expert

  Correct Answer: C

  The risk owner is the individual on the project team that is closest to the risk event. The risk owner can be an individual or an organization responsible for implementing risk responses or contingency plan. The risk owner should be

  empowered with the ability to respond to the risk as it was planned. Answer option A is incorrect. Diane is the project manager and likely won't be the risk owner as well. Answer option B is incorrect. The project sponsor authorizes the project

  but does not participate in the execution of the project.

  Answer option D is incorrect. While a subject matter expert may be the risk owner on some occasions, he won't be the risk owner on every occasion.

• Question 209:

  Marty is the project manager of the recently completed NHK Project. The project was deemed successful by the project customer and they have signed the formal acceptance documentation. Marty has written the final project report, released the project team, and completed the lessons learned documentation. What else should Marty do in the closure of the NHK Project?

  A. Archive the project records.

  B. Summarize the project risks costs.

  C. Summarize the project variance.

  D. Close the project office.

  Correct Answer: A

  The last duty of a project manager is to archive the project records as part of the organizational process assets.

  Answer option B is incorrect. The cost summary is included in the final project report. Answer option C is incorrect. The project variance is included in the final project report as it shows cost performance. Answer option D is incorrect. A project

  office is an organization within the company that oversees and supports project. Marty would not close the project office.

• Question 210:

  You are the project manager of the NHG. The following figure represents your project network diagram.

  

  Management has asked that you add some features to the project scope. Through the change control system these changes are approved and they'll affect Activity I. The duration of Activity I, which is on the critical path, will decrease by three days. What affect does this have on the critical path?

  A. The critical path will now take 26 days.

  B. The critical path will now take 17 days.

  C. The critical path will now take 23 days.

  D. The critical path will now take 20 days.

  Correct Answer: C

  The critical path is the path in the project network diagram with the longest duration. In project management, a critical path is the sequence of project network activities which add up to the longest overall duration. This determines the shortest

  time possible to complete the project. Any delay of an activity on the critical path directly impacts the planned project completion date (i.e. there is no float on the critical path). This project actually has two critical paths. Path ACGIJ takes 23

  days. Path ACGHJ also takes 23 days. When Activity I decreases by three days the critical will still take 23 days to complete as Path ACGHJ remains a critical path.

  Answer option A is incorrect. The duration of the critical path did not increase. Answer option D is incorrect. The duration of the path ACGIJ will decrease to 20 days but the critical path will remain at 23 days.

  Answer option B is incorrect. The critical path did not reduce to 17 days.