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Q73. Marty is the project manager of the recently completed NHK Project. The project was deemed successful by the project customer and they have signed the formal acceptance documentation. Marty has written the final project report, released the project team, and completed the lessons learned documentation. What else should Marty do in the closure of the NHK Project?

A. Archive the project records.

B. Summarize the project risks costs.

C. Summarize the project variance.

D. Close the project office.

Answer: A


Q74. Winnie is the project manager for her company. She has been recording the actual durations of the project work to determine the actual progress of her project. Winnie needs to generate an updated project schedule based on project performance. She is using the supporting schedule data, manual scheduling methods, and her project management software to perform schedule network analysis. What other tool Winnie can use to help and generate an updated project schedule?

A. Critical path method

B. Schedule management plan

C. Scheduling tool

D. Critical chain method

Answer: C


Q75. You are the project manager for your organization. You are working with your project team to create the schedule baseline for your project. You will also be creating the schedule data for this project. The schedule data typically includes all of the following except for which one?

A. Risk activities

B. Schedule activities

C. Activity attributes

D. Schedule milestones

Answer: A


Q76. Harry works as a project manager for the NHQ project. His project has a budget of $2,208,456 and is scheduled to last for three years. His project is currently forty percent complete though it should be forty-five percent complete. In order to reach this point of the project, he has spent $725,000. Management needs a performance report regarding the NHQ project. Management is concerned that this project will be over budget upon completion. What is the estimate at completion for this project that Harry will need to report to management?

A. $1,312,504

B. $787,504

C. $1,812,498

D. $725,000

Answer: C


Q77. You are the project manager of the GHY Project. This project is scheduled to last for one year and has a BAC of $4,500,000. You are currently 45 percent complete with this project, though you are upposed to be at your second milestone, which accounts for half of the project completion. There have been some errors in the project, which has caused you to spend $2,073,654. Based on the estimate at completion, what is this project's to-complete performance index?

A. -$108,120

B. 1.02

C. $4,608,120

D. 0.98

Answer: D


Q78. Lara has been assigned to a construction project. The project includes constructing a residential building with fifty flats. On which of the following events will the project be considered successful?

A. The project meets or exceeds the expectations of the stakeholders.

B. The building is complete and handed over to the authority concerned.

C. The keys of the first flat are handed over to the owner of the flat.

D. Successful possession of all flats is made.

Answer: A


Q79. John works as a Project Manager for Blue Well Inc. He is measuring cost efficiency of his project.

The key values are provided in the table below:

What is the cost performance index (CPI) of the project at the current point of time?

A. 0.96

B. 1.082

C. 0.833

D. 1.0625

Answer: C


Q80. Examine the figure given below.

In this project network diagram, what is the total float for Activity I?

A. Three

B. Zero

C. Five

D. One

Answer: A