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PMI-SP - PMI Scheduling Professional

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PMI-SP Questions and Answers

Question # 1

Andy is the project manager of the NHGQ project for his organization. He has elected to use a three-point estimate for his project. His project team, however, is complaining about participating in this estimate type because of the time it takes to predict the duration of activities. Andy, as the project manager, tells the project team that they must create the time estimate, as it will help this project and future similar projects. What is a three-point estimate?

A.

Each activity must be estimated for its optimistic, pessimistic, and most likely duration.

B.

Each activity must be estimated for its optimistic, pessimistic, and most likely duration and then an average for the estimate is created.

C.

A three-point estimate, also known as PERT, uses the formula optimistic, plus four times the most likely, plus the pessimistic. This value is then divided by six.

D.

A three-point estimate, also known as GERT, uses the formula optimistic, plus four times the most likely, plus the pessimistic. This value is then divided by six.

Question # 2

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?

A.

To track the work to the project requirements

B.

To maintain profit and loss statements for the project

C.

To help the project team understand what work is required to be completed

D.

To communicate the work to be completed to the project stakeholders

Question # 3

You are the project manager of the QAQ Project. The QAQ Project has a BAC of $2,786,121. You are currently 20 percent complete with this project, though you should be 25 percent complete with the project work. The project has consumed $595,000 of the project budget to date. Management has asked you, based on the current project performance, what the project's estimate to complete will be considering the current project schedule variance. What is the ETC for this project?

A.

$2,975,000

B.

1.02

C.

$139,306

D.

$2,380,000

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