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Q&a PMP 13

The document discusses several questions related to project management topics like net present value, scope management, and choosing between projects. Specifically, it provides scenarios asking which project option has the highest net present value, best scope management approach, or should be chosen given cost and benefit information.

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hazemnh
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11 views3 pages

Q&a PMP 13

The document discusses several questions related to project management topics like net present value, scope management, and choosing between projects. Specifically, it provides scenarios asking which project option has the highest net present value, best scope management approach, or should be chosen given cost and benefit information.

Uploaded by

hazemnh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Question 75: Your project is reporting a CPI of 1.02 and a SPI of 1.1.

The project you

are delivering is for a customer who is notoriously difficult to please. Your team comes

up with a way to deliver more functionality in the project than the customer is expecting,

at a lower cost, and the change will result in improvements to the schedule. What is your

BEST course of action?

A: Do not do the extra work because it is not included in the

project scope.

B: Contact the customer and explain the situation to them.

C: Carry out the work and surprise the customer.

D: Do not do the extra work because the customer will not

appreciate it.

Question 76: You are a project manager that is involved with the preparation of a

business case to justify whether a particular project should go ahead. You are using net

present value as a key financial filter. Your project will spend $100,000 in the first year,

and then it will generate revenue of $33,000 in the first year, $62,000 in the second

year, and $85,000 in the third year. Assuming a discount rate of 10%, what is the net

present value?

A: $100,000

B: $45,101

C: $80,000

D: $280,000

Question 77: You are choosing between two potential projects that your organization

could undertake. The first project, Project Eagle, will cost $500,000 and will have a NPV

of $50,000. The second project, Project Falcon, will cost $420,000 and will have a NPV of

$48,000. Which of the two projects should you do?

A: Do not have enough information to answer this question.

B: Project Falcon.

C: Project Eagle.

D: Neither project meets NPV criteria.


www.it-ebooks.info

CHAPTER 1 ■ QUESTIONS

21

Question 78: After measuring expected project benefits, your project management

office has four projects from which to choose. Project A has a NPV of $160,000 and will

cost $10,000. Project B has a NPV of $470,000 and will cost $220,000. Project C has a NPV

of $265,000 and will cost $33,000. Project D has a NPV of $335,000 and will cost $57,000.

Which project would be BEST?

A: Project C

B: Project A

C: Project B

D: Project D

Question 79: You are assisting your portfolio manager in making a decision about

which of two possible projects should be given approval to proceed. Project A would

generate $75,000 in benefit. Project B would generate $225,000 in benefit. Unfortunately,

due to limited resources, your company can only perform one project, and they choose

Project B because of the higher benefit. What is the opportunity cost of performing

Project B?

A: $225,000

B: $75,000

C: $300,000

D: $150,000

Project Scope Management


Question 80: The processes that describe the work required to ensure that the project

includes all the work and only the work required to complete the project successfully are

collectively known as what?

A: Project scope management

B: Project baseline delivery

C: Project specification delivery

D: Project management execution

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