1. Given the planning data for your project, SEMAJ, you have identified the need to use several contractors for three parts of the multiyear project. As you determine specific procurement strategies after analyzing the involved WBS elements, your next step is to:

2. You are leading and performing the work defined in the project management plan. Which of the following actions would be least helpful to you?

3. The project you are managing has a problem that requires the contract with a seller to be modified. The alteration to the contract is in accordance with the change control terms of the contract and project. The best time to make this change to the contract is:

4. You are a newly hired project manager working on your first project at a law firm with the goal of upgrading information security. The two managing partners at the law firm are used to getting their way and are pressuring you to meet only their needs and not to involve the remaining 30 lawyers in the project. How will the Identify Stakeholders process assist you with the task?

5. You must present your project budget to the project sponsor for approval. You are anticipating some of the questions that she may ask about how the project benefits the organization. The following table shows expected cash flow for five years, given project completion in Year 1. What is the payback period for this project?

6. Joe knows that after he became a PMP, he needs 60 hours of professional development units (PDUs) in a three-year cycle to maintain his certification. As part of his year-end personal planning, he has a look at his profile and is shocked to discover that he needs 49 PDUs in the next four months. He has three in-class project management courses, worth 20 PDUs each, scheduled in the next six months. What is the best thing for Joe to do?

7. Seller proposals is an input to:

8. You have been asked to create an end-to-end manufacturing process for your company’s next-generation semiconductor fabrication line. This new fabrication line is time critical, and industry competition is fierce. Many of the older employees who have traditionally worked on the fabrication lines have helped the company be successful using ad hoc processes and heuristic knowledge. As the project manager, you want to use comprehensive project management best practices wherever possible to maximize the chances of success. Which of the following would you do first?

9. You are a construction project manager working on a new office building in the outskirts of your city. You are developing your project management plan that assumes a dedicated project team. The plan for the project forecasts a two-year schedule. As part of the plan, you need to consider:

10. A residual risk is assessed to have a probability of 0.1 and an impact value of $50,000. What is the EMV of the residual risk?

11. You have been asked by the project management team to determine the best development life cycle for the new microwave cooking devices project. Customer value and quality will be incorporated in real time during development. Your most appropriate response to this request is to:

12. You assign one of your junior staff to track the actual start and finish of activities and milestones to ensure they are being performed against the planned timeline. They report regularly any deviations and keep the plan updated as changes occur. Which of the following processes is most consistent with these activities?

13. What is the objective of the use of a procurement audit on a project when conducted in the Close Project or Phase process?

14. The project has produced a requirements traceability matrix that links requirements to their origin and traces them throughout the project life cycle. Which statement describes the purpose of the requirements traceability matrix?

15. You are working in an adaptive environment. You want to streamline team member access to information and have transparent decision making. The most effective project reporting technique in this situation would be to:

16. You have been assigned as project manager for a project to develop a new line of microwave cooking devices. You understand that projects drive change in organizations. The project seems to be a clever idea. What is the next thing you should do?

17. It is imperative that you keep your budget in control. Project governance has been established to keep budgets within 10% of what was planned and report weekly when costs are more or less than this threshold. Which of the following facets of cost control is least useful in controlling your budget?

18. You are a PgMP, and your former college roommate, Mitzie, is a PMP. Mitzie posted on Facebook that she is an expert C++ programmer. And in the same post she says she worked on the NSA Cyber Project. You know that one of these statements is not true. What should you do about Mitzie?

19. You have been working on defining the procedures by which the project scope and product scope can be changed. In which process is your team engaged?

20. You have been assigned as the project manager on a project focused on developing a new process for your organization called configuration management. Which of the following identifies the functions this process performs?

21. A consultant has been reviewing your Monitor Risks process outputs. She lists many actions that are required to bring the project into compliance with the project management plan. What are these actions called?

22. You just graduated from a prestigious university and you have been appointed to your first job as a project manager. Your project charter has been approved, and you now have a dedicated team who is working with you in planning the project. So far, you have prepared your scope and quality management plans and now are beginning to work on other plans that will be included in your project management plan. In the project management plan, you need to describe how performance reports will be prepared and distributed. Your program manager pointed out that she wanted regular updates, but she did not want to see many metrics collected that did not add value. You and your team have decided that the best approach is to choose metrics that:

23. A key benefit of the Manage Team process is that it:

24. You have a team of 12 people who are working on various parts of a project whose purpose is to facilitate the buying and selling of big-box stores that have closed. You have a WBS, and now you are developing your scope baseline. Which of the following should you include in your project schedule?

25. The Manage Project Knowledge process consists of: