CBP PROJECT MANAGEMENT

BOOT CAMP EXAMINATION

# of questions - 68 Start Time: - 9:00 am
Duration – 90 minutes End Time: 10:30 am

1. Which of the following are examples of projects? Choose all correct answers.

A. Marketing department
B. An idea
C. A new product design
D. Managing human resources
E. Building a Class A building

2. Which of the following statements explains the difference between project

management and other forms of management? Choose all correct answers.

A. Project management is focused on doing something specific and new.

B. Project management concentrates on the continuous management of project
resources.
C. Project management concentrates on managing resources on a temporary basis
D. Management concentrates on the continuous management of resources.
E. Management concentrates on managing resources on a temporary basis.

3. Which of the following are the three basic constraints of most projects? Choose all
correct answers.

A. Human Resources
B. Time
C. Cost
D. Quality
E. Grade
F. Duration

4. Which stage in a project’s life cycle focuses on determining the scope of work?
Choose the correct answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage
5. Which stage in a project’s life cycle focuses on determining task descriptions?
Choose the best answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

6. Which stage in a project’s life cycle focuses on identifying project stakeholders?

Choose the best answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

7. Michelle is responsible for distribution within her company. She has decided that
she needs to improve the distribution strategies that the company uses. Would you
identify this improvement as a project? Choose the best answer.

8. Jack is committed to developing the world’s first helium powered boat. Jack has
already begun manufacturing his product. Would you identify this as a project?
Choose the best answer.

9. Which of the following project stages is focused on determining whether to

undertake a project or not? Choose the best answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

10. Which one of the following statements best describes the project commissioner?
Choose the best answer.

A. The project commissioner is a project manager that has expertise in a particular

subject.
B. The project commissioner is the project manager who is charged with the overall
responsibility for the project’s success.
C. The project commissioner is any project manager that plays active part in the
project.
D. The project commissioner is a senior person or executive with the authority to
assign resource and approach the board on behalf of the project.
E. The project commissioner is who brought the need or demand for the project to
the attention of stakeholders.
11. What are the five key requirements of all project goals and objectives? Choose all
correct answers.

A. Goals should be specific

B. Goals should be measurable
C. Goals should be agreed upon
D. Goals should realistic
E. Goals should be time-limited
F. Goals should be relevant
G. Goals should be temporary
H. Goals should be unique and create something new
I. Goals should be final

12. When presenting the project’s business case what are the three key factors that
you should consider to ensure the project’s alignment with the company? Choose all
correct answers.

A. Mission
B. Values
C. Vision
D. Major goals
E. Critical issues

13. Which of the following is the correct formula for calculating “the expected value”
in PERT calculations? Choose the correct answer.

A. The expected value = [optimistic + pessimistic + (4 * most likely)] / 6

B. The expected value = [optimistic + pessimistic + (6 * most likely)] / 4
C. The expected value = [optimistic + most likely + (6 * pessimistic)] / 4
D. The expected value = [optimistic + most likely + (4 * pessimistic)] / 6
E. The expected value = [pessimistic + most likely + (6 * optimistic)] / 4

14. Which stage in a project’s life cycle focuses on determining project milestones?
Choose the best answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage
15. Which stage(s) in a project’s life cycle depends on the “Communication” project
management area? Choose all correct answers.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

16. Which stage in a project’s life cycle would you most likely have to take corrective
action? Choose the best answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

17. Which stage in a project’s life cycle would you award contracts? Choose the best
answer.
A. The Initiation Stage
B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

18. Which stage in a project’s life cycle would you have a formal acceptance of
contracts? Choose the best answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

19. Which stage in a project’s life cycle would you disassemble team members?
Choose the best answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

20. Which of the following is not an ideal project specification? Choose the best
answer.
A. Must be big
B. A volume of 1000 ml is required
C. A weight of 1 kg is required
D. Must be red
E. A height of 10 centimeters is required
21. Which of the following should be included in the Project Definition Document in
the Initiation Stage? Choose all correct answers.

A. The Product Description

B. The WBS
C. The Project Milestones
D. The Business Case Document
E. The Project Assumptions
F. The Project Calendar

22. Which of the following can be found at Level 2 in a single project Work
Breakdown Structure? Choose all correct answers.

A. Project
B. Deliverables
C. Tasks
D. Subtasks
E. All of the above

23. Which of the following can be found at Level 4 in a single project Work
Breakdown Structure? Choose all correct answers.

A. Project
B. Deliverables
C. Tasks
D. Subtasks
E. All of the above

24. Which of the following best describes the use of Unique WBS Identifiers? Choose
all correct answers.

A. WBS Identifiers are used t o identify and track each task within the WBS
structure.
B. WBS Identifiers are used for accounting
C. WBS Identifiers are used for Earn Value calculations
D. WBS Identifiers are used to determine precise PERT values
E. WBS Identifiers are used to locate a particular task.

25. Which of the following should be included when defining task descriptions?
Choose all correct answers.
A. A general task description
B. Task-specific specifications
C. Deliverable-specific task list
D. Milestones
E. The populated WBS
26. Using the Quantitative method, what will be the time estimate for 40 building
bicycles if it takes 12 hr to build one bicycles? Choose the correct answer.

A. 19 days
B. 20 days
C. 21 days
D. 22 days
E. 23 days

27. Which of the following is the correct formula for determining Standard Deviation
in PERT calculations? Choose the correct answer.

A. Standard Deviation = [pessimistic – optimistic]/6

B. Standard Deviation = [pessimistic – optimistic]/4
C. Standard Deviation = [optimistic – pessimistic]/6
D. Standard Deviation = [pessimistic – most likely] /6
E. Standard Deviation = [optimistic – most likely]/6

28. Given the following values calculate the expected value.

Optimistic = 14 days
Pessimistic = 18 days
Most likely = 16 days

Choose the correct answer.

A. 5 days
B. 12 days
C. 6 days
D. 16 days
E. 18 days
F. 20 days

29. Given the following values calculate the Standard Deviation.

Optimistic = 14 days
Pessimistic = 18 days
Most likely = 16 days

Choose the correct answer.

A. 1 day
B. 0.67 days
C. 1.67 days
D. 2 days
E. 6 days
F. None of the above
30. Given the following values calculate the time range for 95.44% accuracy.

Expected Value = 20
Standard Deviation = 2

Choose the correct answer.

A. Between 20 – 22 days
B. Between 16 – 24 days
C. Between 18 – 22 days
D. Between 4 – 16 days
E. Between 2 – 4 days

31. Given the following values calculate the time range for 68.26% accuracy.

Expected Value = 20
Standard Deviation = 3.5

Choose the correct answer.

A. Between 16.5 to 23.5 days

B. Between 13 – 27 days
C. Between 3.5 – 7 days
D. Between 16 – 24 days
E. Between 23.5 – 27 days

32. Given the following values calculate the time range for 99.73% accuracy.

Expected Value = 35
Standard Deviation = 0.9

Choose the correct answer.

A. Between 34.4 to 35.6 days

B. Between 33.8 to 36.2 days
C. Between 32.3 to 37.7 days
D. Between 32 to 38 days
E. Between 0.6 to 1.89 days
33. Given the following values calculate the total expected value for Deliverable 1.
SD
Activity Most Expected Standard Squar
Description Optimistic Pessimistic Likely Value Dev ed
Deliverable1
Task 1 13 15 14 14.00 0.33 0.11
Task 2 25 30 27 27.17 0.83 0.69
Task 3 4 7 5 5.17 0.50 0.25
Task 4 3 5 4 4.00 0.33 0.11
Task 5 5 7 5 5.33 0.33 0.11

Calculate the total expected value:

A. 55.67
B. 53.57
C. 60
D. 9.28
E. 3099.15

34. Given the following values calculate the Standard Deviation for Deliverable 1.
SD
Activity Most Expected Standard Squar
Description Optimistic Pessimistic Likely Value Dev ed
Deliverable1
Task 1 13 15 14 14.00 0.33 0.11
Task 2 25 30 27 27.17 0.83 0.69
Task 3 4 7 5 5.17 0.50 0.25
Task 4 3 5 4 4.00 0.33 0.11
Task 5 5 7 5 5.33 0.33 0.11

Calculate the Standard Deviation to be used in time range calculations for Deliverable
1:

A. 1.13
B. 1.28
C. 1.64
D. 2.33
E. None of the above
35. Which of the following procurement methods provide no form of ownership?
Choose all correct answers.

A. Outsource
B. License
C. Buy
D. Rental
E. Make

36. Which of the following statements clarifies the difference between Management
and Leadership? Choose all that apply.

A. Leadership is focused on controlling resources.

B. Management is focused on structure.
C. Leaders are focused on accomplishing a vision.
D. Leaders have a short range perspective.
E. Managers have a short range perspective.

37. Which of the following statements clarify the difference between Teams and
Groups? Choose all that apply.

A. Teams are an administrative classification of individuals.

B. Groups are a collection of people focused on contributing towards shared
goals and objectives.
C. Groups are a functional classification of individuals.
D. Teams empower people to develop individual skills.
E. Groups are assigned tasks and are told what course of action to take.
F. Groups are a collection of people who tend to work independently from each
other.

38. Which of the following statements describes the major difference between groups
and teams? Choose the best answer.

A. Teams do not have budget constraints.

B. Teams have recognized their interdependence.
C. Groups are used as an organizational unit.
D. Member of a group use similar resources.
E. Teams can comprise of a group or groups of people.

39. Identify the benefits of building teams. Choose all correct answers.

A. Ownership
B. Accountability
C. Acceptance
D. Resource Management
E. Organization
40. Understanding the difference between management and leadership is important to
ensure a company’s success at empowering their workforce. Which of the following
statements accurately describes this difference? Choose all correct answers.

A. Management is focused on controlling resources

B. Management is focused on empowering people
C. Management manages people as employees
D. Leadership is focused on people
E. Leaders are focused on a specific task

41. What are the 4 basic needs for creating a learning environment? Choose the four
correct answers.

A. Need for fulfillment

B. Need for relevancy
C. Need for security
D. Need for belonging
E. Need for continuity
F. Need for autonomy

42. Which of the following statements best describes the need for autonomy? Choose
the best answer.

A. Autonomy refers to the need to do something important.

B. Autonomy refers to the need to act independently and be self directing.
C. Autonomy refers to the need to work in environment free from threat
D. Autonomy refers to the need for support and dependence.
E. Autonomy refers to the need to be part of something.

43. Given the following values calculate the Cost Variance.

Budgeted Cost of Work Scheduled (BCWS) = $12,100

Budgeted Cost of Work Performed (BCWP) = $12,995
Actual Cost of Work Performed (ACWP) = $12,850

Choose the correct answer.

A. (896)
B. (750)
C. 895
D. 145
E. 750
F. (145)
44. Given the following values calculate the Schedule Variance.

Budgeted Cost of Work Scheduled (BCWS) = $12,100

Budgeted Cost of Work Performed (BCWP) = $12,995
Actual Cost of Work Performed (ACWP) = $12,850

Choose the correct answer.

A. (896)
B. (750)
C. 895
D. 145
E. 750
F. (145)

45. Given the following values calculate the Schedule Variance Index.

Budgeted Cost of Work Scheduled (BCWS) = $12,100

Budgeted Cost of Work Performed (BCWP) = $12,995
Actual Cost of Work Performed (ACWP) = $12,850

Choose the correct answer.

A. (0.06)
B. 0.07
C. 0.01
D. 0.06
E. (0.01)

46. Given the following values calculate the Cost Variance Index.

Budgeted Cost of Work Scheduled (BCWS) = $12,100

Budgeted Cost of Work Performed (BCWP) = $12,995
Actual Cost of Work Performed (ACWP) = $12,850

Choose the correct answer.

A. (0.07)
B. (0.06)
C. 0.07
D. 0.01
E. (0.06)
47. Given the following values calculate the Cost Performance Index.

Budgeted Cost of Work Scheduled (BCWS) = $2,500

Budgeted Cost of Work Performed (BCWP) = $2,000
Actual Cost of Work Performed (ACWP) = $3,000

Choose the correct answer.

A. 1.25
B. 0.83
C. 0.67
D. 1.50
E. 1.20

48. Given the following values calculate the Schedule Performance Index.

Budgeted Cost of Work Scheduled (BCWS) = $2,500

Budgeted Cost of Work Performed (BCWP) = $2,000
Actual Cost of Work Performed (ACWP) = $3,000

Choose the correct answer.

A. 0.80
B. 1.00
C. 1.20
D. 1.25
E. 0.83

49. Given the following values calculate the Cost Schedule Index.

Budgeted Cost of Work Scheduled (BCWS) = $2,500

Budgeted Cost of Work Performed (BCWP) = $2,000
Actual Cost of Work Performed (ACWP) = $3,000

Choose the correct answer.

A. 0.53
B. 0.83
C. 0.80
D. 1.88
E. 1.00
50. Given the following values calculate the Estimate at Completion.

Budgeted Cost of Work Scheduled (BCWS) = $2,500

Budgeted Cost of Work Performed (BCWP) = $2,000
Actual Cost of Work Performed (ACWP) = $3,000
Budget at Completion (BAC) = $10,000

Choose the correct answer.

A. $11,000
B. $10,500
C. $9,000
D. $9,500
E. $10,000

51. Given the following values calculate the Estimate to Completion.

Budgeted Cost of Work Scheduled (BCWS) = $2,500

Budgeted Cost of Work Performed (BCWP) = $2,000
Actual Cost of Work Performed (ACWP) = $3,000
Budget at Completion (BAC) = $10,000

Choose the correct answer.

A. $8,000
B. $7,500
C. $6,000
D. $6,500
E. $7,000
F. $14,000
G. $13,000

52. The Schedule Performance Index for a particular project is 1.95. What does this
SPI value indicate? Choose the best answer.

A. The project is ahead of schedule.

B. The project is behind schedule.
C. The project is on schedule.
D. The project cannot be brought back on track.
E. The project can easily be brought back on track.
F. The project is over budget.
53. The Cost Performance Index for a particular project is 0.63. What does this CPI
value indicate? Choose the best answer.

A. The project is presently at a cost savings.

B. The project is over its budget.
C. The project is behind schedule.
D. The project cannot be brought back on track.
E. The project can easily be brought back on track.
F. The project is on budget.

54. The Schedule Performance Index for a particular project is 1. What does this SPI
value indicate? Choose the best answer.

A. The project is ahead of schedule.

B. The project is behind schedule.
C. The project is on schedule.
D. The project cannot be brought back on track.
E. The project can easily be brought back on track.
F. The project is over budget.

55. The Schedule Variance of a particular project is 320. What does this SV value
indicate? Choose the best answer.

A. The project is ahead of schedule.

B. The project is behind schedule.
C. The project is on schedule.
D. The project cannot be brought back on track.
E. The project can easily be brought back on track.
F. The project is over budget.

56. The Cost Variance of a particular project is (995). What does this CV value
indicate? Choose the best answer.

A. The project is presently at a cost savings.

B. The project is over its budget.
C. The project is behind schedule.
D. The project cannot be brought back on track.
E. The project can easily be brought back on track.
F. The project is on budget.
57. Which of the following statements the use of the Cost Schedule Index? Choose
the best answer.

A. The Cost Schedule Index indicates the likelihood of a project being brought
back on track.
B. The Cost Schedule Index indicates the relative extent to which a project is
ahead or behind schedule.
C. The Cost Schedule Index indicates the relative extent to which a project is
over or under budget.
D. The Cost Schedule Index is used to quantify performance when compared to
the original estimates.
E. The Cost Schedule Index is provides a combination of Cost and Schedule
estimates.

58. Which of the following can be used as a cost estimation method? Choose all
correct answers
A. Cost Schedule Index
B. Cost Variance
C. Personal Experience
D. Previous Projects
E. Quantitative Methods

59. Which of the following project management areas are required in the
Implementation Stage? Choose all correct answers.

A. Quality Control
B. Communication
C. Change Management
D. Leadership
E. Creating Work Breakdown Structure

60. Which stage in a project’s life cycle would you define the Project Calendar?
Choose the best answer.

A. The Initiation Stage

B. The Planning Stage
C. The Implementation Stage
D. The Closing Stage

61. Identify the two important factors when planning the quality element of a project.
Choose the two correct answers.
A. Grade
B. Quality
C. PERT calculations
D. ISO Standards
E. Gantt Charts
62. Which of the following are key requirements of the Implementation Stage?
Choose all correct answers.

A. Ensure that tasks are completed according to schedule.

B. Ensure that tasks are completed within budget.
C. Ensure that all deliverable-specific task lists are developed.
D. Build the project plan.
E. Ensure that all resources have been identified.

63. Which of the following are standard documents that are used during the
procurement process? Choose all correct answers.

A. RFP
B. RFB
C. RFI
D. IFT
E. RFQ

64. Which one of the following solutions would be a last resort when a project’s cost
constraints have been surpassed? Choose the correct answer.

A. Adjust project specifications or the scope of work

B. Increase the project budget
C. Reduce tasks durations
D. Expand the project calendar
E. None of the above

65. Which one of the following is used when negotiating during the procurement
process? Choose the best answer.

A. Vendor Evaluation Matrix

B. Gantt Charts
C. Decision Making Matrix
D. Earned Value Charts
E. Project Selection Criteria

66. Which of the following are needed when determining the Project Schedule?
Choose all correct answers.

A. Project calendar
B. Resource schedule
C. Task durations
D. Task specifications
E. Project costs assumptions
67. Which one of the following impacts directly on the Project’s Quality Element?
Choose the best answer.

A. Project Specifications
B. Project Deliverables
C. Project Schedule
D. Human Resources
E. Procurement Plan

68. Which one of the following documents is submitted to the Project Selection
Committee for project initiation? Choose the best answer.

A. The Project Definition Document

B. The Project Plan
C. The Project WBS
D. The Project Business Case Document
E. All of the above