PRACTICE EXAMINATION 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ PMBOK.
Answer: Project Management Body of Knowledge
◍ Triple constraint.
Answer: Time, Cost, and Scope
◍ Disadvantages of Projectized.
Answer: PM must have enough work to keep SMEs busy full-time or risk
loss to another project or functional area. SME assigned may not have the
most appropriate knowledge or expertise for the project. Approach is
expensive because of the duplication of personnel. Equipment and personnel
may be hoarded to ensure access to those resources.Team members lose
access to a repository of functional or technical expertise. Policies and
procedures may be applied inconsistently.Team members may be anxious
about post-project work
◍ PRINCE2.
Answer: Highly structured project management method which focuses on
the specification of the outputs rather than the coordination of activities
◍ SDLC Phase 4: Implementation.
Answer: The implementation phase brings the system to life. This includes
building the system, testing the system, converting the system, and then
training the users, with the input of the system design from Phase 3.
◍ PMBOK Major Planning Areas.
Answer: Integration, Scope, Risk, Procurement, Communications, HR,
Stakeholder, Quality, Cost, Time, Config, Change, Process Improvement,
, Requirement
◍ SDLC Phase 1: PlanningTask 2: Conduct Feasibility StudiesC - Cost.
Answer: Does the organization have the resources to build the proposed
system? It is not unusual to use cost-benefit analyses to ensure funding is
available for the entire project. Estimates should be liberal when budgeting
for unknowns.
◍ Pessimistic.
Answer: Has taken up to X time to complete
◍ Advantages of Functional (Departmentalized).
Answer: Lines of authority are clear. Departmental work is easily prioritized
by identified departmental authority. There is flexibility in the use of staff.
Subject matter experts (SME) available to work on multiple
projects.Knowledge and experience readily shared between functional
specialists. Technical continuity exists within the organization. Professional
growth and career paths for the staff are clearly defined
◍ Ratio top-down method.
Answer: Uses experience from prior projects to estimate the overall cost of
the current project
◍ Monitor & Control (Process #4 - Iterative).
Answer: Assess whether project plan is implemented, outcomes and
deliverables are as expected. Also, to get the project team back on the plan
or make adjustments to the plan in order to achieve the desired outcomes
and deliverables
◍ Non-numeric project selection models.
Answer: Sacred cow, Competitive / Operating necessity. Not based on
traditional measures (ROI, profit, revenue, etc.).
◍ SDLC Phase 2: AnalysisTask 5: Create a Data Model.
Answer: This task identifies tables and fields for a new or revised database.
◍ Apportion top-down method.
, Answer: In addition to Ratio, takes into consideration specific functionality
or types of work that will be required. Overall project cost must be provided
based on the customer's budget or similar projects. The overall budget is
then allocated to the major work areas required in the project (design,
programming, testing, documentation, user training).
◍ Reinforcing Change - Phase 3 of Procsi.
Answer: Collect and analyze feedback, diagnose gaps and manage
resistance, and implement corrective actions and celebrate successes
◍ SDLC Phase 2: AnalysisTask 4: Identify Personnel Procedures.
Answer: This task identifies the personnel needed to run the system, and the
procedures that must be followed.
◍ Risk Transference.
Answer: Transfer to third party that has capabilities or financial resources
beyond those found in the project to handle the outcomes should the risk
occur
◍ Project Life Cycle 4 Phases.
Answer: Define, Plan, Execute, Close
◍ SDLC Phase 2: AnalysisTask 1: Identify System Requirements.
Answer: This task puts pressure on the users of the system to identify every
task—daily, weekly, monthly, and yearly—the new system needs to support.
Strong interviewing skills are required to gather this detailed information
from users.
◍ SDLC Phase 3: Design - 5 tasks.
Answer: 1) Design Hardware2) Design Programs3) Design a Database4)
Create Job Descriptions5) Create System Procedures
◍ Opportunity cost.
Answer: if the organization spends money on a project, then other possible
uses of the money would need to wait
◍ Risk Mitigation.