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PROJECT MANAGEMENT EXAMINATION

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Question - 20
Your company policy allows accepting gifts from customers within certain limit. Your customer is giving you a gift which is beyond the limit of your company policy. You have given a gift to the customer's representative already which has similar in value. What should you do?

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CIPM.   All the following are project process groups except

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Question - 49 Your company has won a large project for one of the fund houses to administer their funds. The project work has been going on smoothly and the customer has been singing praises about the work done so far. The client has planned a visit the next month to go over the plans for the next phase of the project as well as to meet with the project team. Your senior management realizes that this client could potentially need additional capabilities in the derivatives segment. Your company happens to have a strong exposure to this segment having executed numerous such projects. Your senior manager also invites key managers from the derivatives segment to showcase the organizations abilities in the derivates vertical - this is an example of ?

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CIPM. The review of key deliverables and project performance at the conclusion of a project phase is called

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Question - 40 The Scope Baseline consists of the following:

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CFM 25 - ______________ can be defined as an interdisciplinary business function has the objective to coordinate demand and supply of facilities and services within public and private organizations

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Question - 35 Which of the following statements are not true regarding Validate Scope ?

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Question - 34 Earned Value Analysis is used to measure performance based on following parameters:

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Question - 42 As a manager on a project your key outlook is to ensure that the project delivers within the scheduled timelines with minimal rework and customer delight. For some time now the project work is proceeding smoothly with a CPI and SPI a perfect 1.One of your team members approaches you and indicates that she might possibly need a long vacation on personal grounds. She indicates this could possibly occur in two months from now. You look up the schedule and as luck would have it - this team member happens to be scheduled to execute activities which are on the critical path - and her absence in two months’ time would cause a delay in schedule. You decide to take some action and reschedule task allocation to ensure that this team member is not planned to work on any of the critical path activities. What did you just do?

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Question – 16 As a project manager you understand the importance of identifying all relevant stakeholders , their interest and influence and their needs and expectations. You have been assigned to handle a large construction project. You decide to do a thorough stakeholder analysis and you identify Laura and Sean. Based on your interactions and analysis - you know that both Sean and Laura are low in the pecking order so they do not wield any significant authority or power. However where it differs is in their interest in the project. Laura has a lot of interest while Sean is disinterested. You decide to plot them in a Power / Interest grid to help determine how you would manage these stakeholders. Which of the following is the best approach to handle these two stakeholders?

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CIPM  Which of the following is an advantage of centralized contracting?

 

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Question - 21 You are a project manager of a company and your project is currently in execution phase. The customer has requested you for additional work. This work will affect the budget, but not the schedule of the project. What should you do next?

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Question - 43 You are in the process of executing a project that deals with laying out electrical cables connecting two cities. You have been reporting progress on a monthly basis. In this month due to unplanned vacations many of the staff have not turned up at work. This has caused a delay in the schedule. You decide to check if the schedule variance is within the allowable threshold - what specific document should you refer to ?

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Question - 33 You have been assigned to manage a project that deals with setting up a railway line connecting two cities. The project is complex with a lot of contracting involved. You and experts in your organization are evaluating if the rail line alignment machinery should be purchased outright or if it would be better to lease. The cost of leasing the equipment is 1200 $ per day while the cost of an outright purchase is 96000 $ and a daily cost of 200 $.The duration of laying out the railway lines is scheduled to be an activity duration of 150 days. Should you purchase the machinery or be leased - which option would be more economical?

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CIPM. The types of power that have substantial influence on both subordinates and upper management are:

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Question - 38 A friend of yours approaches you seeking advice. She indicates she has offers from two organizations. Her role in one of the organization is that of a project Co-ordinator while in the other organization her role is that of a Project expediter. She is not quite clear of the difference between the two roles and seeks your advice. Which of the following statement is true

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CIPM.     CPIF stand for

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CIPM. The followings are some tools & techniques used in risks monitoring & controlling except.

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Question - 22 You are the project manager and have decided to outsource a part of the project to a vendor. You have offered a bonus to the vendor if the work is completed in two months. This is an example of _____________.

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CFM 18 - __________ is a type or lease such that the lease pays all operating expenses.

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CFM4. The following factors are to be considered when designing a parking lot except

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CIPM. Which of the following Project Scope Management processes involves subdividing the major project deliverables into smaller, more manageable components?

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CFM14.

Which crucial factor affects the layout?

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150/3

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CFM11. What is an important aspect of service layout?

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CFM3. The following are roles of a facility manager except

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CFM 19 - First step in managing ergonomic stressors in the workplace is to analyze _____________

 

 

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CIPM  A role of the change control board is to:

 

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CFM8. Which of these is correct with respect to a product developed or a service performed.

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CIPM. Which of the following is NOT a method of government procurement?

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Question - 35 Which of the following statements are not true regarding Validate Scope ?

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CIPM. Which of the following is NOT an input of plan procurement?

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CIPM   Qualitative Risk Analysis will be performed under :

 

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CFM15.

What is the advantage of good layout design in the case of service organizations?

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Question - 44 Which of the following activities is not performed as a part of Project Closure?A. Ensure all the deliverables as per contract are met

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CFM13.

Which factor influence location for a service organization?

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CFM4. The following factors are to be considered when designing a parking lot except

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Question - 41 You are the project manager and decided to outsource a part of the project to a vendor. The vendor discovered some issues that impact the cost and schedule of its work. How does the vendor update the

Question - 41 You are the project manager and decided to outsource a part of the project to a vendor. The vendor discovered some issues that impact the cost and schedule of its work. How does the vendor update the agreement?

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Question - 30 You have received a number of seller responses for contracting work related to setting up office cubicles. One of the bids received happens to be from a very good friend of yours. You know she has done good work in the past. What should be the BEST course of action?

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CIPM. The sending or conveying of information from one place to another is the process of:

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CIPM. One of the following is NOT a component of project

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CIPM. In which of the following project management process groups are the most time and money typically spent?

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CFM 18 - __________ is a type or lease such that the lease pays all operating expenses.

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Question - 31 You are in charge of building a bridge across a river. All the initial groundwork and structural designs have been completed and work is in progress. You know that the next two months will be particularly critical involving some critical activities such as Arc welding of stiffener plates. You know your company employs welders who specialize in this kind of work. However you are apprehensive regarding their availability for the next two months. What should you refer to first to find if these welders are available for the next two months?

45 / 100

CFM12. Which factor influences location strategy for facility location?

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Question - 20
Your company policy allows accepting gifts from customers within certain limit. Your customer is giving you a gift which is beyond the limit of your company policy. You have given a gift to the customer's representative already which has similar in value. What should you do?

47 / 100

CIPM. In which stage of the negotiation meeting are points of concession identified?

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CIPM.

Project Risk Management includes all of the following processes except:

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CIPM  Contract closure is different from administrative closure in that contract closure:

 

50 / 100

CIPM   Which of the following is a tool used in Activity Duration Estimating:

 

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CIPM  You just found out that a major subcontractor for your project consistently provides deliverables late. The subcontractor approaches you and asks you to continue accepting late deliverables in exchange for a decrease in project costs. This offer is an example of:

 

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CIPM. Which of the fixed-price contracts gives the buyer and seller some flexibility and that it allows for deviation from performance, with financial  incentives tied to achieving metrics

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CIPM   Which of the following situations describes a violation of the PMP. Professional Code of Conduct?

 

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CIPM   Which of the following is not an output of Activity Resource Estimating:

 

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CIPM. All the followings are CIPM communication processes except

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Question - 36 As a manager on a project you have identified and created the WBS and WBS Dictionary. You now plan to ensure that each deliverable gets the blessings of your stakeholders and sponsors. Which process are you planning to perform?

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CIPM.   Which of the following is NOT among the project procurement management process?

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. CIPM.--------------------------- is defined as the processes required for managing the timely completion of the project

59 / 100

CFM 15 - What is the advantage of good layout design in the case of service organizations?

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CFM8. Which of these is correct with respect to a product developed or a service performed.

61 / 100

CIPM. The types of power that have substantial influence on both subordinates and upper management are:

62 / 100

CIPM  You are a project manager leading a cross-functional project team in a weak matrix environment. None of your project team members report to you functionally and you do not have the ability to directly reward their performance. The project is difficult, involving tight date constraints and challenging quality standards. Which of the following types of project management power will likely be the most effective in this circumstance?

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CIPM. What is Team Development?

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CIPM  Manage Stakeholders is a part which of the following process group:

 

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Question - 17 You have replaced an earlier project manager. The project is already in its third month of execution. You need to determine if the project is ahead or behind schedule. What would be the BEST source of this information?

66 / 100

Question - 20
Your company policy allows accepting gifts from customers within certain limit. Your customer is giving you a gift which is beyond the limit of your company policy. You have given a gift to the customer's representative already which has similar in value. What should you do?

67 / 100

CIPM. Projects are undertaken at all levels of the organization?

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CIPM . One of the following is a technique used in project close procurement process

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Question - 50 Project Team has created sub plans for each knowledge areas in project plan. These plans are called:

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CIPM. A project manager has been working on a project for six months with the same team yet the team still shows a lack of support for the project. The best thing for the project manager to do would be to?

71 / 100

Rather than use Triangular Distribution while doing Three Point Estimation you choose to use Beta Distribution. Based on your analysis and understanding you are confident that the project would be completed with a total cost of 108,000 $. You also estimate that a best case estimate would be 90000 $ while a worst case scenario would result in the costs incurred to shoot up to 138000 USD. What would the Three point Cost estimate be using Beta Distribution?

72 / 100

Rather than use Triangular Distribution while doing Three Point Estimation you choose to use Beta Distribution. Based on your analysis and understanding you are confident that the project would be completed with a total cost of 108,000 $. You also estimate that a best case estimate would be 90000 $ while a worst case scenario would result in the costs incurred to shoot up to 138000 USD. What would the Three point Cost estimate be using Beta Distribution?

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CIPM. The following set of people comprises project stakeholdership except

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CIPM. Which of the following acronyms stand for fixed price with economic price adjustment contracts

75 / 100

CFM11. What is an important aspect of service layout?

76 / 100

Rather than use Triangular Distribution while doing Three Point Estimation you choose to use Beta Distribution. Based on your analysis and understanding you are confident that the project would be completed with a total cost of 108,000 $. You also estimate that a best case estimate would be 90000 $ while a worst case scenario would result in the costs incurred to shoot up to 138000 USD. What would the Three point Cost estimate be using Beta Distribution?

77 / 100

Question - 31 You are in charge of building a bridge across a river. All the initial groundwork and structural designs have been completed and work is in progress. You know that the next two months will be particularly critical involving some critical activities such as Arc welding of stiffener plates. You know your company employs welders who specialize in this kind of work. However you are apprehensive regarding their availability for the next two months. What should you refer to first to find if these welders are available for the next two months?

78 / 100

Question - 28 Over lunch you meet a colleague who is managing a large turnover project for setting up a chemical plant. Your colleague is worried because the client is being unreasonable and asking for changes that will have a severe impact to the scope schedule and also cost. The client is also not ready to absorb the additional impact to schedule and cost. She seeks your advice - what should she do?

79 / 100

CFM15.

What is the advantage of good layout design in the case of service organizations?

80 / 100

Question - 25 What is the BEST use of a Work Authorization System?

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Question - 48 You are responsible for managing a project that deals with laying out a freeway connecting two major port cities. Progress in the past has been smooth but lately in the past few months you have observed a schedule and budget overrun. You decide to hold a meeting with your team members. On discussions you realize team members went ahead and made changes at the behest of the client requests on site. You are pretty sure the changes were not a part of the project scope statement – which of these project management concept did the team member refuse to follow?

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Question - 32 You and a group of managers who conduct a weekly meeting for sharing information and project management best practices. Joe who is a colleague of yours explains the need of correctly identifying all the project stakeholders. He explains that in his current project he has made use of Stakeholders Engagement Assessment Matrix. Many of the other colleagues are not quite aware of the need and usage of this matrix - which of the following is the BEST choice?

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CIPM.  One of the following is NOT a role played by the project manager

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CIPM. The work that needs to be accomplished to deliver a product, service, or result with the specified features and functions is referred to

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CIPM. Reducing the impact of a risk event by reducing the possibility of its occurrence is:

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CIPM. Is the process of numerically analyzing the effect of identified risk on overall project objectives.

87 / 100

CFM 20 - Which of the following federal agencies is responsible for implementing and enforcing workplace health and safety standard?

88 / 100

CFM 24 - Which of the following explain the need for facility location selection?

 

 

89 / 100

Question - 15 You head the engineering department in your company. Lately you have observed that certain deliveries are missing the schedule. On closer scrutiny you observe this to be occurring with a specific team member. You decide to discuss it out with the team member. Initially the team member is reluctant to discuss but finally opens up and indicates that the cause of the delays is often different instructions coming in from you as well as the project manager. She indicates that at such times she is confused related to whose instructions to follow - thereby causing delays - what kind of an Organizational structure is this most likely to be ?

90 / 100

CIPM.  Project procurement management processes include all the following EXCEPT.

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CIPM. The contract change control system  is integrated with  _____

92 / 100

CIPM. The most important criteria in selecting project selection method is:

93 / 100

CFM 15 - What is the advantage of good layout design in the case of service organizations?

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Question - 45 Of the following types of contracts - which has the HIGHEST risk for the buyer ?

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Question - 36 As a manager on a project you have identified and created the WBS and WBS Dictionary. You now plan to ensure that each deliverable gets the blessings of your stakeholders and sponsors. Which process are you planning to perform?

96 / 100

Question - 43 You are in the process of executing a project that deals with laying out electrical cables connecting two cities. You have been reporting progress on a monthly basis. In this month due to unplanned vacations many of the staff have not turned up at work. This has caused a delay in the schedule. You decide to check if the schedule variance is within the allowable threshold - what specific document should you refer to ?

97 / 100

CIPM. The "rule of seven" as applied to process control charts means that :

98 / 100

CIPM. Which of the following is NOT among the processes of project stakeholders management?

99 / 100

CIPM. Network planning methods(PERT/CPM/PDM):

100 / 100

CFM10.

Space management benefits are except

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