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Total 326 questions
PMI-SP PMI Scheduling Professional Exam Practice Test
Question 1
with the appropriate word. When activities are logically linked, they become the .
__________
See Below Explanation:
An activity is an individual element of work that is logically linked to other activities to
form the schedule. Its primary characteristics include an overall duration based upon the resources
applied to it (manpower, material, and equipment), as well as a start and
completion date that is tied to a work calendar. It also has a relationship with other activities
(predecessors and successors).
Answer : A
An activity is an individual element of work that is logically linked to other activities to
form the schedule. Its primary characteristics include an overall duration based upon the resources
applied to it (manpower, material, and equipment), as well as a start and
completion date that is tied to a work calendar. It also has a relationship with other activities
(predecessors and successors).
Question 2
You are the project manager for your organization. You are coaching Allen, a junior project manager,
on how the details of the project's critical path are calculated. Examine the figure given below:
What is the critical path of this project?
Answer : B
The critical path is discovered by summing the duration of each activity node in each
chain of activities in the project network diagram. In this
figure, the critical path is ACFGJ, which is 26 days, the longest chain of activities in the project.
Answer option A is incorrect. This path's duration is 22 days.
Answer option D is incorrect. This path's duration is 23 days.
Answer option C is incorrect. This path's duration is 15 days.
Question 3
Harry is the project manager of a large network installation project. This project requires Harry to
add network cable to each office and cubicle of a 14-story office building. Harry will receive a bonus
for good time and cost performance in this project. What law of economics would prevent Harry
from exponentially adding labor to the project work in an effort to complete the work in a very small
amount of time?
Answer : B
The law of diminishing returns state that the user cannot exponentially add labor to a
project to reduce the amount of time required to complete the project work. In other words, Harry
cannot keep doubling the workforce on this project to reduce the project duration down to
just a few minutes.
The law of diminishing returns state that 'the user will get less and less output when he add
additional doses of an input while holding other
inputs fixed. In other words, the marginal product of each unit of input will decline as the amount of
that input increases holding all other
inputs constant.' Diminishing returns mean that the extra labor causes output to fall, which means
that the MPL is negative. In other words,
the change in output per unit increase in labor is negative and total output is falling.
Answer option C is incorrect. This is not a valid project management term.
Answer option A is incorrect. Parkinson's Law states that work will expand to the amount of time
allotted to it.
Answer option D is incorrect. Moore's Law is based on Intel's Gordon Moore who stated that
processor speeds generally double in power
every 18 months.
Question 4
You are the project manager for the NQQ Project for your organization. You and the project team
are creating the activity list for the NQQ Project. You have instructed the project team members that
they should include an activity identifier and a scope of work description for each
activity in the activity list. Why is this information needed?
Answer : C
The primary reason for including the activity identifier and the scope of work
description for each activity is to ensure the project team
understands what work is required to be completed.
Answer option B is incorrect. Profit and loss statements are not required for all projects and they are
linked to actual performance against a
project baseline.
Answer option D is incorrect. Communicating to the stakeholders is always a good idea, but
stakeholders would not usually need to know the
activity details. Their focus is on project benefits and deliverables.
Answer option A is incorrect. A requirements traceability matrix is the tool to link requirements to
project deliverables.
Question 5
You work as a Project Manager for Media Perfect Inc. Several projects are running under your
supervision. Rick, team leader of a project, provides you performance indexes of his project. The
schedule variance (SV) of his project is 25. What does this figure depict?
Answer : D
According to the question, the schedule variance (SV) of the project is 25, which is a
positive value. The positive SV depicts that the project is
ahead of the planned schedule.
What is SV?
Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that
the schedule is ahead
or behind what was planned for this period in time. The schedule variance is calculated based on the
following formula:
SV = Earned Value (EV) - Planned Value (PV)
If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater
than 0 shows that the
project is ahead of the planned schedule. A value of 0 indicates that the project is right on target.
Answer option A is incorrect. The negative SV means that project is behind the schedule.
Answer option C is incorrect. The zero SV means that project is right on target.
Answer option B is incorrect. This result can be drawn by looking at the cost variance (CV) of the
project.
What is CV?
Cost variance (CV) is a measure of cost performance on a project. The variance notifies if costs are
higher than budgeted
or lower than budgeted. The cost variance is calculated based on the following formula:
CV = Earned Value (EV) - Actual Cost (AC)
A positive value means that spending is less than budgeted, whereas a negative value indicates that
costs are higher than
originally planned for the project.
Question 6
You are the project manager of the NHA Project. This project is expected to last one year with
quarterly milestones throughout the year. Your project is supposed to be at the third milestone
today, but you are likely to be only 60 percent complete. Your project has a BAC of $745,000 and you
have spent $440,000 of the budget-to-date. What is your schedule variance for this project?
Answer : D
The schedule variance is found by subtracting the planned value from the earned value.
In this instance, it is $447,000 minus $558,750.
Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that
the schedule is ahead or behind what
was planned for this period in time. The schedule variance is calculated based on the following
formula:
SV = Earned Value (EV) - Planned Value (PV)
If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater
than 0 shows that the project is ahead of
the planned schedule. A value of 0 indicates that the project is right on target.
Answer option C is incorrect. $7,000 is the cost variance for this project.
Answer option A is incorrect. $11,667 is the variance at completion for this project.
Answer option B is incorrect. 1.02 is the cost performance index for this project.
Question 7
You are the project manager of the NHQ project. Your project has a budget of $1,258,456, and is
scheduled to last for three years. Your project is currently forty percent complete though it should
be forty-five percent complete. In order to reach this point of the project, you have spent $525,000.
Management needs a performance report regarding the NHQ project. Management is concerned
that this project will be over budget upon completion. Management would like to create a report
telling them how much more the project will need to complete. What value should you tell
management?
Answer : B
The project will need $787,504 more to complete. This formula, the estimate to
complete, is estimate at completion minus the actual costs.
Here,
CPI = EV/AC =(0.40*1,258,456)/525000= 0.95882, and
ETC = EAC - AC
= (BAC/CPI) - AC
=(1,258,456/0.95882) - 525000
= 1,312,504- 525000
= 787,504
The estimate to complete (ETC) is the expected cost needed to complete all the remaining work for a
scheduled activity, a group of activities,
or the project. ETC helps project managers predict what the final cost of the project will be upon
completion. The formula for the ETC is EAC-
AC. The EAC is BAC/CPI.
Answer option C is incorrect. This is the estimate at completion.
Answer option A is incorrect. This is the planned value.
Answer option D is incorrect. This is not a valid value based on the current project performance.
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