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ISEB-PM1 Practice Exam Questions and Answers

BCS Foundation Certificate in IS Project Management

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Total Questions : 625

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Question # 1

When does risk monitoring and control occur?

Options:

A.  

At project initiation

B.  

During work performance analysis

C.  

Throughout the life of the project

D.  

At project milestones

Discussion 0
Question # 2

Management reserves are normally defined as a % of the total budget. As a project progresses, the project manager wants the $ value of management reserve to _____, whereas the customer wants the management reserve to _____.

Options:

A.  

Increase, increase.

B.  

Increase, decrease.

C.  

Remain the same, return to customer.

D.  

Decrease, increase.

E.  

Decrease, decrease.

Discussion 0
Question # 3

To complete performance index (TCPI) is represented by which of the following?

Options:

A.  

BAC - EV/BAC - AC

B.  

A measure of the value of work completed compared to the actual cost or progress

C.  

A measure of progress achieved compared to progress planned

D.  

AC + (BAC - EV)

Discussion 0
Question # 4

The widget production project is well underway. The requirements are clear that each widget must weigh between 0.320 and 0.325 ounces. The first day of test production resulted in 1247 widgets. Of the widgets inspected, 47 percent fell within the acceptable weight range. This is an example of:

Options:

A.  

Control limits.

B.  

Quality assurance.

C.  

Control charting.

D.  

Corrective action.

Discussion 0
Question # 5

In an activity-on-node diagram, the nodes represent:

Options:

A.  

Work packages.

B.  

Activities.

C.  

Dependencies.

D.  

Discretionaries.

Discussion 0
Question # 6

A problem occurs on an activity with free float and the project manager has extended its duration.

What is MOST likely to be affected?

Options:

A.  

Project duration

B.  

Resource schedules

C.  

Project scope management plan

D.  

The latest start for the successor activity

Discussion 0
Question # 7

What is the expected activity cost for a project having a most likely cost of $140, a best case scenario of $115, and a worst case scenario of $165?

Options:

A.  

$115

B.  

$138

C.  

$140

D.  

$165

Discussion 0
Question # 8

In which of the following is the cost of risk hidden by the contractor?

Options:

A.  

Fixed Price Plus Incentive

B.  

Firm Fixed Price Contract and Fixed Price Plus Incentive

C.  

Firm Fixed Price Contract

D.  

Cost Plus Percentage of Cost

E.  

Cost Plus Fixed Price

Discussion 0
Question # 9

A Project Management Office (PMO) manages a number of aspects, including what?

Options:

A.  

Project scope, schedule, cost, and quality of the products of the work packages

B.  

Central coordinator of communication management across projects, and for the delivery of specific project objectives, organization opportunity assessment

C.  

Assigns project resources to best meet project objectives

D.  

Overall risk, overall opportunity and interdependencies among projects

Discussion 0
Question # 10

Which of the following provides a comprehensive and consistent method of controlling the project and ensuring its success?

Options:

A.  

Stakeholder management

B.  

Monitoring and controlling

C.  

Project governance

D.  

Project management methodology

Discussion 0
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