BCS ISEB-PM1 Exam Practice Test Instant Access

Question 1

What is a hierarchically organized depiction of the identified project risks arranged by risk category?

ARisk register

BRisk breakdown structure (RBS)

CRisk management plan

DRisk category

Answer : B

Question 2

What are the components of the "triple constraint"?

AScope, time, requirements

BResources, time, cost

CScope, management, cost

DScope, time, cost

Answer : D

The Project Management Triangle (called also Triple Constraint) is a model of the constraints of project management. It is often used to illustrate that project management success is measured by the project team's ability to manage the project, so that the expected results are produced while managing time and cost.

Like any human undertaking, projects need to be performed and delivered under certain constraints. Traditionally, these constraints have been listed as 'scope,' 'time,' and 'cost'. These are also referred to as the 'Project Management Triangle,' (also known as the 'Iron Triangle') where each side represents a constraint. One side of the triangle cannot be changed without affecting the others. A further refinement of the constraints separates product 'quality' or 'performance' from scope, and turns quality into a fourth constraint.

Question 3

What characteristic do project and operational work share in common?

APerformed by systems

BConstrained by limited resources

CRepetitiveness

DUniqueness

Answer : B

Question 4

Define Activities and Estimate Activity Resources are processes in which project management knowledge area?

ATime management

BCost management

CScope management

DHuman resources management

Answer : A

Question 5

When is a project finished?

AAfter verbal acceptance of the customer or sponsor

BAfter lessons learned have been documented in contract closure

CWhen the project objectives have been met

DAfter resources have been released

Answer : C

Question 6

Expected Monetary Value (EMV) analysis is commonly used in:

Aprobability distribution.

Bdecision tree diagram.

Csensitivity analysis.

Dmodeling and simulation.

Answer : B

Question 7

What is risk tolerance?

AAbility to manage risks

BWillingness to accept varying degrees of risks

CAbility to mitigate risks

DWillingness to develop a risk management plan

Answer : B

BCS ISEB-PM1 BCS Foundation Certificate in IS Project Management Exam Practice Test