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Q:

Choose the correct alternative that will continue the same pattern and replace the 'x' in the series 525, 430, 345, 270, x

A) 255 B) 205
C) 235 D) 175
 
Answer & Explanation Answer: B) 205

Explanation:

The pattern is -95, -85, -75, -65, . . . .

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Filed Under: Number Series

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 difference between the place value and the face value of 7 in the numeral 967452 is

A) 6393 B) 5831
C) 6993 D) 6339
 
Answer & Explanation Answer: C) 6993

Explanation:

(Place value of 7)-(face value of 7)
=7000-7=6993.

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Filed Under: Numbers

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:

In the Determine Budget processes the project schedule

A) is not one of the inputs to these processes. B) is used to allocate the project budget to the various project activities.
C) is used to assign costs to the time period when the costs will be incurred D) is used to determine the size of the contingency component of the budget after all scheduled costs are accounted for.
 
Answer & Explanation Answer: C) is used to assign costs to the time period when the costs will be incurred

Explanation:

“This [project schedule] information can be used to aggregate costs to the calendar periods when the costs are planned to be incurred.” PMBOK [7.2.1.4]

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Filed Under: PMP Certification