ACTUAL EXAM COMPLETE
QUESTIONS AND VERIFIED SOLUTIONS
LATEST UPDATE THIS YEAR
1.
A project manager identifies all deliverables and breaks
them into smaller manageable components for scheduling
purposes. What tool is being used?
A. Gantt Chart
B. Work Breakdown Structure
C. Critical Path Method
D. Risk Register
Answer: B
Rationale: WBS decomposes project scope into
manageable components for planning and control.
2.
During a project review, a delay in one activity causes
overall project delay because it lies on the longest path.
What is this path called?
,A. Float Path
B. Resource Path
C. Critical Path
D. Buffer Path
Answer: C
Rationale: Critical path determines the minimum project
duration; delays affect the entire project.
3.
A contractor is paid based on actual costs incurred plus a
fixed fee. Which contract type is this?
A. Lump Sum
B. Unit Price
C. Cost-Plus
D. Fixed Price
Answer: C
Rationale: Cost-plus contracts reimburse actual costs plus
an agreed profit.
4.
A project team uses optimistic, pessimistic, and most
likely time estimates to determine expected durations.
Which technique is applied?
,A. CPM
B. EVM
C. PERT
D. TQM
Answer: C
Rationale: PERT uses three-point estimates for
uncertainty in scheduling.
5.
A safety officer identifies potential hazards before
construction begins and plans mitigation strategies. What
process is this?
A. Quality Control
B. Risk Management
C. Procurement Planning
D. Budgeting
Answer: B
Rationale: Identifying hazards and mitigation strategies is
part of risk management.
6.
A project shows a Cost Performance Index (CPI) less than
1. What does this indicate?
, A. Project under budget
B. Project on schedule
C. Project over budget
D. Project ahead of schedule
Answer: C
Rationale: CPI < 1 indicates cost inefficiency; project is
over budget.
7.
A contractor submits the lowest bid but lacks technical
capability. What should the client prioritize?
A. Lowest cost only
B. Technical competence
C. Fastest completion
D. Highest bid
Answer: B
Rationale: Procurement decisions must consider both cost
and capability.
8.
A project manager adjusts schedule activities to resolve
resource conflicts without extending project duration.
What technique is used?