Task 1 Gather and Analyze Performance Data PMI-RMP Practice Questions (Page 1)

Questions 1–5

1. 1application · medium

   A construction project has multiple work packages. The risk register identifies a high-risk foundation package. The project manager receives weekly status reports from all package leads. During reconciliation, the PM notices that the foundation package's reported percent complete is 80%, but the earned value data from the cost system shows only 65% of the budget consumed. The PM suspects the package lead is reporting progress optimistically. What should the PM do first?

   • ARemove the foundation package from the risk register until the progress reporting is clarified.
   • BDiscuss the discrepancy with the foundation package lead to understand the basis for the reported progress.
   • CEscalate the discrepancy to the project sponsor and request a formal audit of the foundation package.
   • DAdjust the foundation package's percent complete to match the cost data and update the risk register.
   Reveal Solution Discussion Select an answer first
2. 2application · medium

   A project is experiencing significant schedule delays in a critical work package. The project manager has calculated a schedule variance of -$30,000 and a schedule performance index (SPI) of 0.8. The project manager needs to communicate the impact on overall project risk exposure to enterprise stakeholders. What is the most important information to include?

   • AThe names of the team members responsible for the delay.
   • BThe potential for the delay to affect downstream activities and the project's critical path.
   • CA request for additional budget to accelerate the work package.
   • DThe exact dollar amount of the schedule variance and the SPI value.
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4. 3expert · hard

   A project manager is monitoring the impact of performance variances on overall project risk exposure. The project has a cost performance index (CPI) of 0.9 and a schedule performance index (SPI) of 0.85. The project sponsor asks for a summary of the risk exposure. Which statement is most accurate?

   • AThe project is on track because the indices are close to 1.
   • BThe project is ahead of schedule but over budget, so risk exposure is high.
   • CThe project is likely to exceed its budget and finish late, increasing overall risk exposure.
   • DThe project is under budget but behind schedule, so risk exposure is moderate.
   Reveal Solution Discussion Select an answer first
5. 4application · medium

   A project manager is consolidating performance data from multiple work packages to update the risk register. The PM notices that one work package's reported progress is inconsistent with its actual deliverables. The package lead explains that the progress was reported based on the percentage of budget spent, not on completed deliverables. What should the PM do?

   • AUse the budget-based progress but add a risk note about potential inaccuracy.
   • BRemove the work package from the risk analysis until the progress reporting is corrected.
   • CRequest the package lead to provide a deliverable-based progress report and reconcile the data.
   • DAccept the package lead's explanation and use the budget-based progress in the risk analysis.
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6. 5expert · hard

   A project manager is performing variance analysis for a work package. The schedule variance (SV) is -$8,000, and the cost variance (CV) is -$3,000. The PM has identified that the schedule delay is due to a key resource being unavailable, and the cost overrun is due to overtime pay. The PM needs to determine the impact on project risk. Which action is most appropriate?

   • AAdjust the project baseline to reflect the actual performance.
   • BUpdate the risk register with the root causes and assess the likelihood of recurrence.
   • CIgnore the variances because they are small and within acceptable thresholds.
   • DRequest additional resources to address the schedule delay and cost overrun.
   Reveal Solution Discussion Select an answer first