04 Monitoring And Control.

Resources: Based on PMBOK 6th Edition

Info:

 Maintainer: CertChamp
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 Version: 2

Questions
Question - 1

Your project has a CPI of 1.2. What does this mean?

A. Project is running ahead of schedule.

B. Project is falling behind.

C. Project is consuming fewer resources than estimated.

D. Project is using fewer resources than estimated.

C is the correct answer. Cost performance index(CPI) : The result from dividing the earned
value by the actual cost. A result less than one suggests that the project is at budget risk. A
CPI of 1 or greater suggests that project in delivering more with less COST. This means
project is consuming fewer resources than estimated because CPI is 1.2.

Question - 2

Your project has a SPI of 1.2. What does this mean?

A. Project is running ahead of schedule.

B. Project is falling behind.

C. Project is consuming fewer resources than estimated.

D. Project is using fewer resources than estimated.

A is the correct answer. Scheduled Performance Index (SPI) : The result of dividing the
earned value by the planned value. A result less than 1 suggests that the project is at schedule
risk. A SPI of 1 or greater suggests that the project is ahead of schedule.

Question - 3

Which of the following is not a form of leadership technique?

A. Smoothing

B. Formal

C. Coercive

D. Compromise

A is the correct answer. Smoothing is a conflict resolution technique. Others are forms of
leadership technique.

Question - 4

Which of the following is a conflict resolution technique?

A. Smoothing

B. Formal

C. Coercive

D. Compromise

A is the correct answer. Smoothing is a conflict resolution technique. Others are forms of
leadership technique.

Question - 5

Who is responsible for the project quality control?

A. Project Manager
B. Sponsor

C. Team Member

D. Senior Management

A is the correct answer. The Project Manager is responsible for the project quality control.

Question - 6

You are calculating total cost of a project in your organization. Which of the following cost
can provide you the best result?

A. Life Cycle cost

B. Opportunity cost

C. Sunk cost

D. Earned Value

A is the correct answer. Life Cycle cost = project costs + ongoing operations costs +
maintenance costs. Therefore, the Life Cycle cost is the best fit for this.

Question - 7

Which of the following is a method for measuring project performance?

A. Earned Value

B. Cost Variance

C. Schedule Variance

D. Value Analysis

A is the correct answer. Earned Value: A method for measuring project performance. It
compares the amount of work that was planned with what was actually accomplished to
determine if cost and schedule performance are as planned.
Question - 8

You are the project manager of a project and your project is behind the schedule. Senior
management wants the project to be on time and they won't bother about the cost. Which of
the following technique you are going to use?

A. CRASHING

B. Fast Tracking

C. Resource Levelling Heuristics

D. Schedule Model

A is the correct answer. CRASHING is reducing the project time by expending additional
resources. Senior management want project on time and they won't bother about cost
therefore CRASHING is the best technique.

Question - 9

You are a project manager of a company and you have interchanged the tasks between two
resources. What will be your NEXT step?

A. Do Impact Analysis

B. Change Control

C. Update Project Plan

D. Resource levelling

C is the correct answer. Your next step is to update the Project Plan. There may be some
confusing between Option A and Option C .

Question - 10

The fund available to a organization to invest in project is called ________.

A. Variable costs

B. Direct costs

C. Working Capital

D. Present value (PV)

C is the correct answer. Working Capital is total assets less total liabilities.

Question - 11

Which of the following displays graphical picture of data over a specific time period for a
process?

A. Control Charts

B. Histogram

C. Pareto Diagram

D. Run Chart

A is the correct answer. Control Charts: Control charts are graphic display of the results over
a time of a process. They are used to determine whether the process is "in control".

Question - 12

You have been assigned to a construction of bridge on a river. After completion of 50 percent
of project, an NGO has raised concern about the environment misbalance. As a project
manager, you should ___________.

A. Ignore and continue with your work

B. Stop work

C. Raise concern to senior management

D. Go to the NGO and try to resolve the issue

C is the correct answer. This is not within your limit. You should raise concern to senior
management about this.

Question - 13

When the version control numbers should change?

A. Any change occurs

B. Major changes are made

C. Any change related to scope only

D. Only to the baseline documents

A is the correct answer. If any change occurs, the version control numbers should change.

Question - 14

When more than one person is involved in the discussion on a certain document, why it is
necessary to have the same version of the document in front of the entire meeting?

A. It keeps everyone on the same page.

B. All attendees like it.

C. Sponsor wants it.

D. PM wants it.

A is the correct answer. Same version of the document keeps everyone on the same page.

Question - 15

Why every document need to be under version control?

A. All the changes can be track.

B. It keeps everyone on the same page.

C. Version control let you know the latest baseline version.

D. All of the above

D is the correct answer. All are the benefits of version control.

Question - 16

A collection of formal documented procedures that defines how project work will be
authorized to ensure the work is done by the identified organization, at the right time, and in
the proper sequence is called __________.

A. Work Authorization System

B. Project Charter

C. SOW

D. Scope Statement

A is the correct answer. A collection of formal documented procedures that defines how
project work will be authorized to ensure the work is done by the identified organization, at
the right time, and in the proper sequence is called Work Authorization System.

Question - 17

Verbal authorization can be seen in which type of projects?

A. Small Project

B. Large Project

C. Important Project

D. Temporary Project

A is the correct answer. Verbal authorization can be seen in a small project.

Question - 18

Written authorization can be seen in which type of projects?

A. Small Project

B. Large Project

C. All Projects

D. Temporary Project

B is the correct answer. Written authorization can be seen in a large project.

Question - 19

If your AC (Actual Cost) = $18,000 and your EV (Earned Value) = $20,000, are you over
budget?

A. You are over budget.

B. You are doing good, no over budget.

C. AC and EV are not related to budget.

D. EV (Earned Value) is not related to budget.

B is the correct answer. If EV-AC value is negative, you are over budget (Not doing well).
Here $20,000 - $18,000 = $2000, so you are not over budget.

Question - 20

Your Earned Value is $6,000 and your Actual Cost is $5,000. CPI is:

A. 1.2

B. .82
C. 1

D. 1000

A is the correct answer. Cost Performance Index (CPI) = EV (Earned Value) / AC (Actual
Cost) = $6000/$5000 = 1.2

Question - 21

Your Earned Value is $6,000 and your Actual Cost is $5,000. How are you doing?

A. Doing better than the planned budget.

B. Not doing better than the planned budget.

C. It is equal.

D. EV (Earned Value) is not related to budget.

A is the correct answer. If the CPI is above the number 1, as it is in this case, this means that
you are doing better than the planned budget. Cost Performance Index (CPI) = EV (Earned
Value) / AC (Actual Cost) = $6000/$5000 = 1.2

Question - 22

Your Earned Value is $5,000 and your Actual Cost is $10,000. How are you doing?

A. Doing better than the planned budget.

B. Not doing better than the planned budget.

C. It is equal.

D. EV (Earned Value) is not related to budget.

B is the correct answer. If the CPI is less than the number 1, as it is in this case, this means
that you are not doing better than the planned budget. Cost Performance Index (CPI) = EV
(Earned Value) / AC (Actual Cost) = $5000/$10,000 = .5
Question - 23

Your EV = $10,000 and your PV = $8,000. What is your SPI?

A. 1.25

B. .8

C. 2000

D. 0

A is the correct answer. Schedule Performance Index (SPI): SPI=EV/PV =

$10,000/$8,000=1.25

Question - 24

Your EV = $10,000 and your PV = $8,000. How you are doing?

A. You are ahead of the plan.

B. You are behind of the plan.

C. EV not related to a plan.

D. PV not related to a plan.

A is the correct answer. Schedule Performance Index (SPI): SPI = EV/PV = $10,000/$8,000
= 1.25 SPI more than 1 means you are ahead of plan.

Question - 25

Your EV = $8,000 and your PV = $10,000. How you are doing?

A. You are ahead of the plan.

B. You are behind of the plan.

C. Both the above

D. None of the above

B is the correct answer. Schedule Performance Index (SPI): SPI=EV/PV =

$8,000/$10,000=.8 SPI more than 1 means you are ahead of the plan. But in this case SPI is
0.8 and so you are behind of the plan.

Question - 26

Who gives project acceptance?

A. Sponsor

B. Customer

C. Project Manager

D. Team Lead

B is the correct answer. Customer gives project acceptance. Customer may be a person or an
organization.