0% 0 votes, 0 avg 200 Project Management Welcome to the Corp Members Scheme Examination Portal. We wish you all the best as you kick start a wonderful career with usONLINE EXAMINATIONSThe online assessment is taken on completion of the training material. You will be asked 100 multiple choice questions with a pass mark of 50%. The answers are marked automatically so you will instantly know whether you have passed. If you don’t pass don’t worry! You can take the Exam againWhether you are a student on our platform or not we encourage you to email your enquires to our friendly team if you need help with anything at info@corpmemberscheme.com REGISTER TO START YOUR EXAMINATION 1 / 100 CIPM Which of the following is an advantage of centralized contracting? Gives easier access to contracting expertise Increases company expertise in contracting Gives more loyalty to the project Allows a contracts person to work on a single project 2 / 100 CFM 24 - Which of the following explain the need for facility location selection? When a business is newly started When the lease expires and the landlord does not renew the lease All of these 3 / 100 Question - 29 You are managing a project to set up a brand new play area for the community. You and your team have been working as per plan and things are moving smoothly. Suddenly one of the stakeholders indicates that the play area must also include a sand pit. This was not originally planned for so you analyze the impact to the cost, schedule and scope. You then submit the change request to the Change control board for their approval. You have immediately received an approval - what should your next step be? A. Get the work done immediately and start executing B. Update the impacted baselines - scope , cost and schedule C. Setup a meeting with the change control board 4 / 100 CIPM.The delphi Method is best suited for: A. Decision-making B. Cost Control C. Overhead rate estimating D. Team discussions 5 / 100 CFM 17 -The HVAC systems designed with a capacity is based on ________________ Physical characteristics of the building System performance with low life-cycle costs Estimated maximum heating and cooling loads 6 / 100 Question - 46 You are in charge of building a shopping portal. You are fairly confident as you have a team experienced in doing such work. As per the agreement at the end of the first month you organize a demonstration of the software. You invite the sponsor and key stakeholders. Later the sponsor informs you that she is not very happy with the progress indicating that one of the clients who would be using this software is not satisfied as her needs are not being met. To satisfy this client's needs would mean some radical changes with an impact to both cost and schedule. What could be the root cause of this issue? A. Deliverables were not as per requirement B. The stakeholder is making unrealistic demands C. All the stakeholders were not identified 7 / 100 CIPM. What technique allows large numbers of ideas to be sorted into groups for review and analysis (A) Delphi technique (B) Nominal group technique (c).Affinity diagram (D.) Scatter diagram 8 / 100 CIPM. All the following are project process groups except (a).Planning (b). Executing (c).Initiating (d).Directing 9 / 100 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? A. Lists all the stakeholders along with their current engagement and desired engagement B. Lists all the stakeholders C. Lists only those stakeholders who are Supportive 10 / 100 Question - 37 Which of the following best describes Expectancy theory? A. Employees will put in MORE efforts once they believe that they will receive something that is equivalent to the effort they put in the project B. Employee motivation is not achievable - employees must be forced to get things done C. Hygiene factors will ensure that job dissatisfaction not occur - however it does not ensure job satisfaction 11 / 100 CIPM. The acronym WBS stand for what? (A) .Work Break even Structure (B.) Work Break up Structure (C.) Work Broken Structure (d).Work Breakdown Structure 12 / 100 CIPM. Which of the following is NOT a process of project human resources management? (a) Acquire project team (b) Fire project team members (c) Manage project (d) Develop human resource plan. 13 / 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? A. 112000, $ B. 110000, $ C. 101000 $ 14 / 100 CFM8. Which of these is correct with respect to a product developed or a service performed. (a) Bad quality is acceptable, but bad grade is not. (b) Bad grade is acceptable, but bad quality is not. (c) Grade and quality are the same thing. 15 / 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? A. Milestone List B. Pareto Chart C. Resource Calendars 16 / 100 CIPM. What does TQM stand for? A. Time Quality Managed B. Target Quality Management C. Total Quality Management D. Time Quote Management 17 / 100 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 _____________. A. project incentive B. project goal C. fixed price contract 18 / 100 CIPM. Project procurement management processes include all the following EXCEPT. (a)Plan procurements (b) Conduct procurement (c) Close procurement (d) Purchase procurement 19 / 100 CIPM The process of getting a group of diverse individuals to work effectively together as a team is the definition of leadership project management the project manager's responsibilities team building 20 / 100 CIPM What is critical path? The shortest path through the network, which represents the longest amount of time in which a project can be completed. The path with zero float. The longest path through the network, which represents the shortest amount of time in which a project can be completed. The path with the most activities with the longest durations. 21 / 100 CIPM. Project integration management involves all the following processes except (a.) Perform integrated change control (b.) Direct and manage project work (c.) close project or phase (d). Analyze scope 22 / 100 CFM 16 - What does a good maintenance ensure? Safety Reliability All 23 / 100 Question - 35 Which of the following statements are not true regarding Validate Scope ? A. Consists of conducting inspections, reviews and audits B. Used to determine if results conform to requirements C. Used to determine schedule variance 24 / 100 CIPM When checking the calendar of a team member to schedule a meeting, you see she has scheduled a meeting with a key stakeholder that you were not informed of. The best approach would be to: avoid mentioning it to the team member but continue to watch her activities. notify your boss about the problem. address the concern with the team member's boss. address the concern with the team member. 25 / 100 Question - 20Your 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? A. Accept it and don't tell anyone. B. Contact your company's senior management and ask for assistance. C. Refuse it. 26 / 100 Question - 27 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 Bob and Kelly. Based on your interactions and analysis - you know that Bob wields a lot of authority and also has a huge interest in the project. Kelly too wields a lot of power but is largely uninterested. 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? A. Both Bob and Kelly should be Managed closely. B. Kelly should be monitored while Bob should be Kept satisfied. C. Kelly should be kept satisfied while Bob should be Managed closely. 27 / 100 CIPM. Gives the project flexibility to redirect seller whenever the scope of work cannot be precisely defined at the start and needs to be altered or when high risks may exist in the effort (a). Cost-reimbursable contract (b). Cost plus fixed fee contract (c).Cost plus incentive fee contracts (d). Cost plus award fee contracts 28 / 100 Question - 29 You are managing a project to set up a brand new play area for the community. You and your team have been working as per plan and things are moving smoothly. Suddenly one of the stakeholders indicates that the play area must also include a sand pit. This was not originally planned for so you analyze the impact to the cost, schedule and scope. You then submit the change request to the Change control board for their approval. You have immediately received an approval - what should your next step be? A. Get the work done immediately and start executing B. Update the impacted baselines - scope , cost and schedule C. Setup a meeting with the change control board 29 / 100 CIPM. The contract change control system is integrated with _____ (a). Approved change requests (b). Performance reports (c).Integrated change control system (d). Integrated work performance system 30 / 100 CIPM. Which of the following is not an input of conduct procurement (a). Seller proposals (b). Project documents (c). Teaming agreements (d).Project environmental access. 31 / 100 CIPM Configuration management is: Used to ensure that the description of the project product is correct and complete. The creation of the work breakdown structure. The set of procedures developed to ensure that project design criteria are met. A mechanism to track budget and schedule variances. 32 / 100 CIPM -Earned value can be described as: The value of the equipment that has been installed as of the current date The sum of the labor costs that have been incurred on the project date A method of measuring project performance A method of measuring the amount of money that has been spent to date 33 / 100 CIPM A project manager works in a company favoring the weakest authority for the project manager. The type of organization that holds the project manager to be the weakest is: Projectized organization. Strong matrix organization. Weak matrix organization. Balanced matrix 34 / 100 CIPM. Which of the following Project Scope Management processes involves subdividing the major project deliverables into smaller, more manageable components? A. Scope Planning B. Initiation C. Scope Change Control D. Create WBS 35 / 100 CIPM.---------------------------- Is the delivery of the required product, service or result on time and with in budget (a). Project closure (b).Project schedule (c). Project completion (d). Project success 36 / 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 ? A. Functional B. Projectized C. Balanced Matrix 37 / 100 CFM 22 - Which of the following is the most important function for a project management success? Coordinating and communicating Scheduling and budgeting Planning and monitoring 38 / 100 CFM5. The second most valuable resources is the ________________________ (a) Premises (b) Staff (c) Building 39 / 100 CIPM A rough order of magnitude estimate is made during which project management process group? Project planning Project closing Project executing Project initiating 40 / 100 CFM7. Most common cause of conflicts in a project is (a) Schedules (b) Technical opinions (c) Personal Issues 41 / 100 CIPM. Which acronym stand for time and material contracts (a). TM&C (b). T&M (c). TMCC (d). TMCA 42 / 100 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 _____________. A. project incentive B. project goal C. fixed price contract 43 / 100 150/3 60 50 100 44 / 100 CIPM. ------------------------Comprises of the top management of a project (a). Project initiators (b).Procurement committee (c). Project management team (d). Risk management team 45 / 100 CFM4. The following factors are to be considered when designing a parking lot except (a) Pedestrian crossings (b) Air accessibility (c) Access roads 46 / 100 CIPM. The types of power that have substantial influence on both subordinates and upper management are: A. Formal & expert B. Reward & penalty C. Expert & referent D. Formal & referent 47 / 100 CIPM. You manage a project whose team members have diverse skills and expertise. You want to encourage your staff to pool its knowledge on project issues to make the best decisions possible. The most appropriate management style to use is: A. Laissez-faire B. Democratic C. Autocratic D. Directive 48 / 100 CIPM. The process of obtaining seller responses, selecting a seller and awarding a contract is refered to as ? (a). Plan procurement (b). Manage procurement (c).Close procurement (d).Conduct procurement 49 / 100 CIPM . One of the following is a technique used in project close procurement process (a).Negotiated settlements (b).procurement performance Reviews (c).contract change control system (d).payment systems. 50 / 100 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 A. Ensure all the deliverables as per contract are met B. Compile lessons learned and update Organizational Process Assets C. Validate scope 51 / 100 CIPM. As stated in page 9 of the CIPM study manual, PMP stands for what? (a) Project management professional (b). Price management procedure (c) Procurement management procedure (d).Project management plan 52 / 100 CIPM. Is a temporary Eendeavour undertaken to create a unique deliverable (a). Contract (b). Facility management (c). Tasks (d). Project 53 / 100 CIPM Which of the following situations describes a violation of the PMP. Professional Code of Conduct? Accepting a gift that is within the customary guidelines of the country or province you are currently working in. Use of confidential information to advance your position or influence a critical decision. Complying with laws and regulations of the state or province in which project management services are provided Disclosing information to a customer about a situation that may have an appearance of impropriety 54 / 100 Question - 46 You are in charge of building a shopping portal. You are fairly confident as you have a team experienced in doing such work. As per the agreement at the end of the first month you organize a demonstration of the software. You invite the sponsor and key stakeholders. Later the sponsor informs you that she is not very happy with the progress indicating that one of the clients who would be using this software is not satisfied as her needs are not being met. To satisfy this client's needs would mean some radical changes with an impact to both cost and schedule. What could be the root cause of this issue? A. Deliverables were not as per requirement B. The stakeholder is making unrealistic demands C. All the stakeholders were not identified 55 / 100 Question - 50 Project Team has created sub plans for each knowledge areas in project plan. These plans are called: A. resource plans C. sub plans C. management plans 56 / 100 CIPM An output of administrative closure is the creation of: project archives. a project charter. a project management plan. a risk analysis plan 57 / 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 ? A. Functional B. Projectized C. Balanced Matrix 58 / 100 CFM3. The following are roles of a facility manager except (a) Building maintenance (b) Security (c) Material purchase 59 / 100 CFM13.Which factor influence location for a service organization? (a) Access to skilled workers (b) Closeness to suppliers (c) all of these 60 / 100 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 Property management Facility management None 61 / 100 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 ? A. Mitigating the risk B. Transferring the risk C. Exploiting the risk 62 / 100 CIPM. Two Point Delphi Estimate, The Best and Worst Case effort calculation: A. Calculate (Best + Worst) / 2 B. Calculate (Best +2 ) / Worst C. Calculate (2 + Worst) / Best D. none of the above 63 / 100 CFM13.Which factor influence location for a service organization? (a) Access to skilled workers (b) Closeness to suppliers (c) all of these 64 / 100 CIPM In which project management process group is the detailed project budget created? Initiating Before the project management process Planning Executing 65 / 100 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? A. Both Sean and Laura should be Kept Informed. B. Sean should be Monitored and Laura should be Kept informed. C. Sean should be Kept informed and Laura should be Monitore 66 / 100 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? A. Both Sean and Laura should be Kept Informed. B. Sean should be Monitored and Laura should be Kept informed. C. Sean should be Kept informed and Laura should be Monitore 67 / 100 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? A. Both Sean and Laura should be Kept Informed. B. Sean should be Monitored and Laura should be Kept informed. C. Sean should be Kept informed and Laura should be Monitore 68 / 100 CIPM.What technique have broad application within project management processes and guide the development of the project charter (a.) Brainstorming (b) Delphi technique (c).Facilitation technique (d.) Diagraming technique 69 / 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 ? A. Project Management Plan B. Schedule Management Plan C. Project Schedule Network Diagram 70 / 100 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 Property management Facility management None 71 / 100 CFM4. The following factors are to be considered when designing a parking lot except (a) Pedestrian crossings (b) Air accessibility (c) Access roads 72 / 100 CIPM. Three Point Statistical Estimating Formula Group. Expected Value = A. (Optimistic + (4 X Most Likely) + Pessimistic ) x 6 B. (Optimistic + (4 X Most Likely) + Pessimistic ) divided by 6 C. (Optimistic + (4 X Most Likely) x Pessimistic ) divided by 6 D. (Optimistic + (4 + Most Likely) + Pessimistic ) divided by 6 73 / 100 CIPM A role of the change control board is to: issue change requests represent top management interests in initiating innovation review the impact of change requests on project costs, schedule, and specifications schedule changes into PERT networks 74 / 100 Question - 47 Using historical information to perform estimating is also called _______ estimating. A. Analogous B. Primary C. Organizational 75 / 100 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? A. A new contract needs to be signed by your company and the vendor B. A contract addendum needs to be signed by your company and the vendor C. An SOW needs to be signed by you and the vendor 76 / 100 CIPM. In which of the following project management process groups are the most time and money typically spent? A. Initiating B. Planning C. Executing D. Controlling 77 / 100 CIPM. ............................Is defined as the entire value of the business; the total sum of all tangible and intangible elements (a). Organizational assets (b). Business properties (c).Firm’sholdings (d).Business value 78 / 100 CIPM. Is the process of determining the project stakeholder information needs and defining a communication approach (a)Plan communication management (b) Plan communication (c) Communication model (d) Pull communication 79 / 100 CIPM. One of the following is NOT among tools & techniques used to conduct procurements (a). Expert judgments & internet search (b). Dependent estimates& cost analysis (c).Procurement negotiation & advertising (d).Independent estimates & bidder conferences 80 / 100 CIPM. Which among the following is NOT communication activity potential dimension (a) Internal (b).Vertical (c). Horizontal (d). Formal 81 / 100 CFM 26 - Recycling is the reuse and reclamation/recovery of premises or environment Yes Maybe No 82 / 100 CIPM. Using the PMBOK definition of contingency reserve, which of the following statements about contingency reserves is false? A. A contingency reserve is a separately planned quantity used to allow for future situations which may be planned for only in part. B. Contingency reserves may be set aside for known unknowns. C. Contingency reserves may be set aside for unknown unknowns. D. Contingency reserves are normally included in the project's cost and schedule baselines. 83 / 100 CIPM. Includes the processes required to ensure that the project include all the work required, and only the work required, to complete the work successfully (a) . Project management plan (b) . Project integration management (c.) Project quality management (d). Project scope management 84 / 100 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? A. Lease the machinery as it will be cheaper by 84000 USD B. Lists all the stakeholders C. Lists only those stakeholders who are Resistant 85 / 100 CIPM. The review of key deliverables and project performance at the conclusion of a project phase is called A. phase exit B. kill point C. stage gate D. all of the above 86 / 100 Question - 20Your 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? A. Accept it and don't tell anyone. B. Contact your company's senior management and ask for assistance. C. Refuse it. 87 / 100 .All the followings are the out puts of administer procurement except on (a).Project management plan updates (b).Change requests (c).Procurement documentation (d). Performance reports. 88 / 100 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? A. Re-evaluate the effectiveness of the reward system the project manager has put in place B. talk to each team member's boss C. Re-plan the project D. Tell the team he needs its support 89 / 100 CFM 22 - Which of the following is the most important function for a project management success? Coordinating and communicating Scheduling and budgeting Planning and monitoring 90 / 100 CFM 26 - Recycling is the reuse and reclamation/recovery of premises or environment Yes Maybe No 91 / 100 CFM12. Which factor influences location strategy for facility location? (a) All of the above (b) Government Policies (c) Existing demand, supply and marketing locations 92 / 100 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? A. Work performance data B. Work performance Measurement C. Project Management software 93 / 100 CFM12. Which factor influences location strategy for facility location? (a) All of the above (b) Government Policies (c) Existing demand, supply and marketing locations 94 / 100 CIPM. Constructive Team Role includes : A. Investigates, clarifier and closer. B. Compromise, blocker and closer. C. Initiate, encourage and gate keeper. D. Investigates, recognize and summary. 95 / 100 CFM15.What is the advantage of good layout design in the case of service organizations? (a) Customers spend less time in the system (B) Customers may need to walk shorter distances (C) Both of the above 96 / 100 Question - 40 The Scope Baseline consists of the following: A. Approved Project Scope Statement , WBS , WBS Dictionary B. Preliminary Project Scope Statement, Approved Project Scope Statement , WBS , WBS Dictionary C. Scope Management Plan, WBS, WBS Dictionary 97 / 100 CFM10.Space management benefits are except (a) To deal with regular space manage (b) To understand and manage space usage (C) To market space usage 98 / 100 CFM8. Which of these is correct with respect to a product developed or a service performed. (a) Bad quality is acceptable, but bad grade is not. (b) Bad grade is acceptable, but bad quality is not. (c) Grade and quality are the same thing. 99 / 100 CIPM. In which of the following project management process groups are the most time and money typically spent? A. Initiating B. Planning C. Executing D. Controlling 100 / 100 CFM 20 - Which of the following federal agencies is responsible for implementing and enforcing workplace health and safety standard? Department of Energy National Institute of Health Occupational Safety and Health Administration Your score is 0% Restart quiz
Project Management
Welcome to the Corp Members Scheme Examination Portal. We wish you all the best as you kick start a wonderful career with us
ONLINE EXAMINATIONS
The online assessment is taken on completion of the training material. You will be asked 100 multiple choice questions with a pass mark of 50%. The answers are marked automatically so you will instantly know whether you have passed. If you don’t pass don’t worry! You can take the Exam again
Whether you are a student on our platform or not we encourage you to email your enquires to our friendly team if you need help with anything at info@corpmemberscheme.com
1 / 100
CIPM Which of the following is an advantage of centralized contracting?
2 / 100
CFM 24 - Which of the following explain the need for facility location selection?
3 / 100
Question - 29 You are managing a project to set up a brand new play area for the community. You and your team have been working as per plan and things are moving smoothly. Suddenly one of the stakeholders indicates that the play area must also include a sand pit. This was not originally planned for so you analyze the impact to the cost, schedule and scope. You then submit the change request to the Change control board for their approval. You have immediately received an approval - what should your next step be?
4 / 100
CIPM.
The delphi Method is best suited for:
5 / 100
CFM 17 -The HVAC systems designed with a capacity is based on ________________
6 / 100
Question - 46 You are in charge of building a shopping portal. You are fairly confident as you have a team experienced in doing such work. As per the agreement at the end of the first month you organize a demonstration of the software. You invite the sponsor and key stakeholders. Later the sponsor informs you that she is not very happy with the progress indicating that one of the clients who would be using this software is not satisfied as her needs are not being met. To satisfy this client's needs would mean some radical changes with an impact to both cost and schedule. What could be the root cause of this issue?
7 / 100
CIPM. What technique allows large numbers of ideas to be sorted into groups for review and analysis
8 / 100
CIPM. All the following are project process groups except
9 / 100
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?
10 / 100
Question - 37 Which of the following best describes Expectancy theory?
11 / 100
CIPM. The acronym WBS stand for what?
12 / 100
CIPM. Which of the following is NOT a process of project human resources management?
13 / 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?
A. 112000, $ B. 110000,
$ C. 101000 $
14 / 100
CFM8. Which of these is correct with respect to a product developed or a service performed.
15 / 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?
16 / 100
CIPM. What does TQM stand for?
17 / 100
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 _____________.
18 / 100
CIPM. Project procurement management processes include all the following EXCEPT.
19 / 100
CIPM The process of getting a group of diverse individuals to work effectively together as a team is the definition of
20 / 100
CIPM What is critical path?
21 / 100
CIPM. Project integration management involves all the following processes except
22 / 100
CFM 16 - What does a good maintenance ensure?
23 / 100
Question - 35 Which of the following statements are not true regarding Validate Scope ?
24 / 100
CIPM When checking the calendar of a team member to schedule a meeting, you see she has scheduled a meeting with a key stakeholder that you were not informed of. The best approach would be to:
25 / 100
Question - 20Your 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?
26 / 100
Question - 27 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 Bob and Kelly. Based on your interactions and analysis - you know that Bob wields a lot of authority and also has a huge interest in the project. Kelly too wields a lot of power but is largely uninterested. 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. Gives the project flexibility to redirect seller whenever the scope of work cannot be precisely defined at the start and needs to be altered or when high risks may exist in the effort
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CIPM. The contract change control system is integrated with _____
30 / 100
CIPM. Which of the following is not an input of conduct procurement
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CIPM Configuration management is:
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CIPM -Earned value can be described as:
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CIPM A project manager works in a company favoring the weakest authority for the project manager. The type of organization that holds the project manager to be the weakest is:
34 / 100
CIPM. Which of the following Project Scope Management processes involves subdividing the major project deliverables into smaller, more manageable components?
35 / 100
CIPM.---------------------------- Is the delivery of the required product, service or result on time and with in budget
36 / 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 ?
37 / 100
CFM 22 - Which of the following is the most important function for a project management success?
38 / 100
CFM5. The second most valuable resources is the ________________________
39 / 100
CIPM A rough order of magnitude estimate is made during which project management process group?
40 / 100
CFM7. Most common cause of conflicts in a project is
41 / 100
CIPM. Which acronym stand for time and material contracts
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43 / 100
150/3
44 / 100
CIPM. ------------------------Comprises of the top management of a project
45 / 100
CFM4. The following factors are to be considered when designing a parking lot except
46 / 100
CIPM. The types of power that have substantial influence on both subordinates and upper management are:
47 / 100
CIPM. You manage a project whose team members have diverse skills and expertise. You want to encourage your staff to pool its knowledge on project issues to make the best decisions possible. The most appropriate management style to use is:
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CIPM. The process of obtaining seller responses, selecting a seller and awarding a contract is refered to as ?
49 / 100
CIPM . One of the following is a technique used in project close procurement process
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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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CIPM. As stated in page 9 of the CIPM study manual, PMP stands for what?
52 / 100
CIPM. Is a temporary Eendeavour undertaken to create a unique deliverable
53 / 100
CIPM Which of the following situations describes a violation of the PMP. Professional Code of Conduct?
54 / 100
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Question - 50 Project Team has created sub plans for each knowledge areas in project plan. These plans are called:
56 / 100
CIPM An output of administrative closure is the creation of:
57 / 100
58 / 100
CFM3. The following are roles of a facility manager except
59 / 100
CFM13.
Which factor influence location for a service organization?
60 / 100
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
61 / 100
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 ?
62 / 100
CIPM. Two Point Delphi Estimate, The Best and Worst Case effort calculation:
63 / 100
64 / 100
CIPM In which project management process group is the detailed project budget created?
65 / 100
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?
66 / 100
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CIPM.What technique have broad application within project management processes and guide the development of the project charter
69 / 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 ?
70 / 100
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72 / 100
CIPM. Three Point Statistical Estimating Formula Group. Expected Value =
73 / 100
CIPM A role of the change control board is to:
74 / 100
Question - 47 Using historical information to perform estimating is also called _______ estimating.
75 / 100
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?
76 / 100
CIPM. In which of the following project management process groups are the most time and money typically spent?
77 / 100
CIPM. ............................Is defined as the entire value of the business; the total sum of all tangible and intangible elements
78 / 100
CIPM. Is the process of determining the project stakeholder information needs and defining a communication approach
79 / 100
CIPM. One of the following is NOT among tools & techniques used to conduct procurements
80 / 100
CIPM. Which among the following is NOT communication activity potential dimension
81 / 100
CFM 26 - Recycling is the reuse and reclamation/recovery of premises or environment
82 / 100
CIPM. Using the PMBOK definition of contingency reserve, which of the following statements about contingency reserves is false?
83 / 100
CIPM. Includes the processes required to ensure that the project include all the work required, and only the work required, to complete the work successfully
84 / 100
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?
85 / 100
CIPM. The review of key deliverables and project performance at the conclusion of a project phase is called
86 / 100
87 / 100
.All the followings are the out puts of administer procurement except on
88 / 100
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?
89 / 100
90 / 100
91 / 100
CFM12. Which factor influences location strategy for facility location?
92 / 100
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?
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94 / 100
CIPM. Constructive Team Role includes :
95 / 100
CFM15.
What is the advantage of good layout design in the case of service organizations?
96 / 100
Question - 40 The Scope Baseline consists of the following:
97 / 100
CFM10.
Space management benefits are except
98 / 100
99 / 100
100 / 100
CFM 20 - Which of the following federal agencies is responsible for implementing and enforcing workplace health and safety standard?
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