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Q:

Which of the following is usually not considered a goal of portfolio management?

A) To manage the effective and efficient use of resources. B) To balance the portfolio among incremental and radical investments.
C) To maximize the value of the portfolio by careful examination of candidate projects and exclusion of those no meeting strategic objectives. D) To ensure that the relationship between projects in the portfolio clearly reflects strategic objectives.
 
Answer & Explanation Answer: D) To ensure that the relationship between projects in the portfolio clearly reflects strategic objectives.

Explanation:

There is not necessarily a relationship between projects in a portfolio. Answer D is actually one of the goals of PROGRAM management. PMBOK Guide [1.4]

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Filed Under: PMP Certification

Q:

Three partners shared the profit in a business in the ratio 4:6:8. They had partnered for 12 months, 8 months and 6 months respectively. What was the ratio of their investments?

A) 4:6:8 B) 4:7:8
C) 4:8:16 D) 4:9:16
 
Answer & Explanation Answer: D) 4:9:16

Explanation:

Let their investments be Rs. x for 12 months, Rs. y for 8 months and Rs. z for 6 months respectively.

Then, 12x : 8y : 6z = 4 : 6 : 8

Now, 12x/8y = 4/6   <=>   9x=4y   <=>   y=9x/4

And, 12x/6z = 4/8   <=>   4x=z     <=>    z=4x

Therefore, x : y: z  =  x : 9x/4: 4x  =  4 : 9 : 16

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Filed Under: Partnership

Q:

The project manager meets with the project team to review lessons learned from previous projects. In what activity is the team involved?

A) Performance management B) Scope identification
C) Risk identification D) Project team status meeting
 
Answer & Explanation Answer: C) Risk identification

Explanation:
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Filed Under: PMP Certification

Q:

The project manager develops a process improvement plan to encourage continuous process improvement during the life of the project. Which of the following is a valid tool or technique to assist the project manager to assure the success of the process improvement plan?

A) Change control system B) Process analysis
C) Benchmarking D) Configuration management system
 
Answer & Explanation Answer: B) Process analysis

Explanation:
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Filed Under: PMP Certification

Q:

Tell us about a time when you missed a significant deadline

Answer

Tell us about a time when you missed a deadline.


(or)


Let's discuss a time when you missed a significant deadline.


If you answer something like "You never missed a deadline". Most interviewers will immediately conclude you are not experienced and may also feel you are lying. 


Approach - It is absolutely necessary to accept that you have missed a deadline and give reasons how you resolved and what you learned from it. This will demonstrate your experience.


You could say in one of the first projects earlier in your career you missed an important deadline and made the boss very upset. It was a great learning experience and after doing some introspection, you realized, you could have done better planning, prioritization and communication. Now, you use special tools, processes and methods to address these issues. Now your team, colleagues and management are always up to date so no surprises arise on meeting deadlines. 


Below are few things you may emphasize on in your response...


Effective planning


Procedural Improvements


Better Prioritization


Open communication


Better Status reporting

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Subject: Stress and Pressure

Q:

Would I use print "$a dollars" or "{$a} dollars" to print out the amount of dollars in this example?

Answer In this example it wouldn’t matter, since the variable is all by itself, but if you were to print something like "{$a},000,000 mln dollars", then you definitely need to use the braces.
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Subject: PHP

Q:

So if md5( ) generates the most secure hash, why would you ever use the less secure crc32( ) and sha1( )?

Answer Crypto usage in PHP is simple, but that doesn’t mean it’s free. First off, depending on the data that you’re encrypting, you might have reasons to store a 32-bit value in the database instead of the 160-bit value to save on space. Second, the more secure the crypto is, the longer is the computation time to deliver the hash value. A high volume site might be significantly slowed down, if frequent md5() generation is required.
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Subject: PHP

Q:

When are you supposed to use endif to end the conditional statement?

Answer When the original if was followed by : and then the code block without braces.
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Subject: PHP