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Q:

Choose the correct alternative that will continue the same pattern and replace the 'x' in the series 6,12,21,x,48

A) 42 B) 30
C) 33 D) 45
 
Answer & Explanation Answer: C) 33

Explanation:

the pattern is +6,+9,+12,+15
the missing term is 21+12=33

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Filed Under: Number Series

Q:

The sum of the present ages of a father and his son is 60 years. five years ago, father's age was four times the age of the son. so now the son's age will be:

A) 5 B) 10
C) 15 D) 20
 
Answer & Explanation Answer: C) 15

Explanation:

Let the present ages of son and father be x and (60 -x) years respectively.

Then, (60 - x) - 5= 4(x - 5)

55 - x = 4x - 20

5x = 75  => x = 15

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Filed Under: Problems on Ages

Q:

A process that specifies how formal verification and acceptance of the completed project deliverables will be obtained is a part of which plan?

A) Project integration plan. B) WBS development plan.
C) Configuration management plan. D) Scope management plan.
 
Answer & Explanation Answer: D) Scope management plan.

Explanation:

“The work involved in performing the five processes of Project Scope Management is preceded by a planning effort by the project management team. This planning effort is part of the Develop Project Management Plan process, which produces a scope management plan that provides guidance on how project scope will be defined, documented, verified, managed, and controlled. The scope management plan may be formal or informal, highly detailed, or broadly framed, based upon the needs of the project.”

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Filed Under: PMP Certification

Q:

The price that you charge for your project is

A) equal to the cost estimate plus a fixed percentage. B) essentially the same as the cost estimate.
C) typically 1.5 - 2.5 times the cost estimate in order to account for corporate overhead costs D) a business decision that considers the cost estimate together with other factors.
 
Answer & Explanation Answer: D) a business decision that considers the cost estimate together with other factors.

Explanation:

Overhead costs should be figured into the cost estimate. Desired profit considered together with other factors such as market demand, availability of resources, prior experience are then used to determine the optimal price.

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Filed Under: PMP Certification

Q:

The organizational form in which the project manager has informal authority over team members and little or no input to team member’s performance appraisal is called

A) weak matrix. B) functional.
C) strong matrix. D) composite.
 
Answer & Explanation Answer: A) weak matrix.

Explanation:

“Weak matrices maintain many of the characteristics of a functional organization, and the project manager role is more that of a coordinator or expediter than that of a true project manager.”

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Filed Under: PMP Certification

Q:

Ramesh started a software business by investing Rs. 50,000. After six months, Rajesh joined him with a capital of Rs. 75,000. After 3 years, they earned a profit of Rs. 27,000. What was Rajesh's share in the profit?

A) 10,000 B) 15,000
C) 20,000 D) 25,000
 
Answer & Explanation Answer: B) 15,000

Explanation:


Ramesh : Rajesh =(50,000*36) : (75,000*30) =4 : 5.

Therefore, Rajesh's share=Rs.(27,000*5/9)= Rs.15,000.

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Filed Under: Percentage

Q:

Communication requirements are defined by

A) the adaptation of the theory of sender-receiver models to the dominant listening and learning style of each stakeholder. B) the logistics of how many individuals will be involved with the project and at which locations.
C) the technologies or methods available to transfer information back and forth among project stakeholders. D) combining the type and format of information required with an analysis of the value of that information.
 
Answer & Explanation Answer: D) combining the type and format of information required with an analysis of the value of that information.

Explanation:

“ Communication requirements are defined by combining the type and format of information needed with an analysis of the value of that information.”

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Filed Under: PMP Certification

Q:

Which of the following is not true about bottom-up estimating?

A) The WBS must be accurate and complete before this process can be used. B) Since the cost is largely independent of the desired accuracy it is the methodology of choice.
C) Its accuracy increases if the activities are smaller. D) It is not a useful methodology in the early project planning phase.
 
Answer & Explanation Answer: B) Since the cost is largely independent of the desired accuracy it is the methodology of choice.

Explanation:

“The cost and accuracy of bottom-up cost estimating is typically influenced by the size and complexity of the individual activity or work package.” PMBOK [7.1.2.4]

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Filed Under: PMP Certification