Analyze Schedule PMI-SP Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   When assigning resources to activities, which two factors are most important to consider?

   • AResource cost and resource location
   • BResource preference and resource age
   • CResource availability and skill requirements
   • DResource seniority and resource personality
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2. 7application · medium

   A project manager is performing a Monte Carlo simulation on a project schedule to determine the probability of completing a major milestone by the target date. The simulation runs 10,000 iterations and produces a distribution of possible completion dates. The results show that the milestone has a 75% probability of being completed by the target date. The project sponsor has set a risk tolerance of 80% for this milestone. What should the project manager do?

   • AAdd a contingency buffer to the milestone to increase the probability to at least 80%.
   • BRemove the milestone from the schedule because it is not achievable.
   • CAccept the schedule because 75% is a high probability of success.
   • DRe-run the simulation with more iterations to get a more accurate result.
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4. 8expert · hard

   A project manager is analyzing a schedule with two parallel paths. Path A has a duration of 30 days and Path B has a duration of 28 days. A resource constraint on Path B will extend it to 35 days. The project manager needs to identify the critical path after considering the resource constraint. What is the critical path?

   • ABoth paths are critical because they are parallel.
   • BPath A, because it was originally the longest path.
   • CNeither path is critical because the resource constraint is not a task dependency.
   • DPath B, because the resource constraint extends it to 35 days.
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5. 9application · medium

   A project manager is performing a quantitative schedule risk analysis for a large infrastructure project. The project has several high-risk activities with uncertain durations. The project manager wants to determine the probability of completing the project by the contractual deadline. Which technique should the project manager use?

   • AAsk the project sponsor for their opinion on the likelihood of meeting the deadline.
   • BRun a Monte Carlo simulation using the duration distributions for all activities.
   • CUse the critical path method to calculate the longest path and assume it will be met.
   • DApply PERT to calculate the expected duration and assume the project will finish on time.
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6. 10foundation · easy

   What is the purpose of assessing resource availability during schedule development?

   • ATo define the project scope
   • BTo determine the project budget
   • CTo create the work breakdown structure
   • DTo identify resource constraints that may affect the schedule
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