Take 5 more buddies...

Hi Friends,


 


Please find 5 more questions below. I have decided to send 10 qstns everyday unless Admin asks me not to do so. BTW, the questions that I am sending is NOT from Rita or Kim or Crowe or Head 1st. The problem is that I have a book in which these questions are and I have to key it. Its okay. Anything for buddies  :) :)  :) :)


 


Going forward, please ask clarification on which you are totally unsure or even you are right by fluke and I am saying because I have to key in that as well :( :( :(   !!!


 


Warmly, KK...


 


QUESTIONS:----


 


1.       Failure cost (cost of non-conformance) includes all of the following EXCEPT


A.      Cost of QC


B.      Costs of rework


C.      Costs of rework                      D.Loss of reputation


 


 


 


2.       Activity Cost Estimates are quantitative assessments of which of the following?


A.      The expected costs of the resources required to produce the product deliverables, expressed in units of currency


B.      The labor and material costs to produce the product deliverables


C.      The likely costs of the required resources that are summarized, as required by the organization’s chart of accounts                           D.      The likely costs of the resources required to complete project work.


 



3.       What is the relationship between cost estimating and Pricing?


 


A.      Price = Cost x (1+ IRR), where IRR is set up in the corporate strategic business plans


B.      Price is greater than the costs by an amount that corresponds to the org’s target profile levels in each market segment


C.      The price that an organization can charge for the products or services become the basis for project cost estimating             D.      There is no clear relationship


 


 


4..       The cost of building a roadway depends on numerous factors, such as the grade of the land, the nature of the soil, and the width and surface material of the roadway. If you evolve a mathematical estimating model, what are these project characteristics called?


A.      Analogous quantification


B.       Factors


C.        Parameters         D.Scalability elements


 


5.       What must be used to compare actual project results to planned or expected values?


 


A.      Info distribution tools and techniques


B.      Performance Reviews


C.      Trend Analysis        D.      Variance Analysis


 


 



 


 

prashant.spce's picture

My answers..



1 D
2 A
3 C (not sure)
4 C
5 B

1/5.....

 

1 A
2 A
3 C
4 C
5 D

- Ramana


Fairly better. 3/5...


 


KK....

 1.A

2.A
3.B
4.C
5.D

Same. 3/5...


 


Warmly, KK...

Hi Prashant,


 


If you lose reputation because of bad quality output, would any company ever want to work with your org?


 


Isn't bad reputation then also COQ?


 


Think about it pal.


 


Warmly, KK....


  • A

  • A

  • C

  • B

  • D

prashant.spce's picture

Hi KK,


I have 6 years of exp. in IT (software developement) and dont have real exp. as project manager, though i have worked in all phases of SDLC(initiating to closing).


I am still a newbie with PMP preparation as i have just recently started the prepation for the exam.


i am answering the questions just for the sake of checking my thinking  and keeping in touch with different types of questions. I have just completed reading head first PMP for one time and now into integration management chapter of RMC 7th version.


I know its quite too early to answer these tough questions before thorough preparation,but this is the way i would like to improve my knowledge.


Please let me know if my approach is wrong with the preparation and keep correcting me wherever needed.


Thanks and Regards


Prashant


 


 


 

Hi Prashant,


 


I totally understand as I am of the same kind. Still your efforts are laudable. Let us keep on preparing with the same amount of zeal and zest and we would surely conquer the PMP peak.


 


Warmly, KK....

2/5.....

KK,


I was expecting atleast 3/5 :-)


Can you tell me the source of these questions?


Please IM or email me on Ravidatt@gmail.com


Thanks,


RD

My answers:


1. D


2. B


3. D


4. C


5. D


Regards,


Khan

1/5....


 


Aaj kya ho gaya Khan Sahib? Yesterday, your score was 100%?


 


Warmly, KK....

Hi All,


 


Before I go ahead with the answers. Let me apologise to Ramanna as by mistake I wrote to him that he has scored 3/5 where as he had scored 1/5.


 


Finally:


 


1. A


2. D


3. D


4. C


5. D


Thanks and I also wanted to tell you all that from tomorrow I shall not be sending 5 questions but would be sending a tenner.


 


Njoi!!!


 


KK....

Okay friends.


 


Here we go:


 


Sorry to Khan Sahib as his actual score was 3/5. SORRY Khan Sahib.


Prashant fine   1/5


RD fine 2/5


Karthi fine 3/5


Have already apologised  to Ramanna.


 


Thanks guys. and from tomorrow Dus Sawaal :)


KK....

Hi KK,

I am unable to understand as my answers are scored 3/5, but you are saying 1/5 ....

 

1 A A
2 A D
3 C D
4 C C
5 D D

Can you please clarify...

 

Regards,

Ramana

Hi Ramana,


 


Sorry. I wrote wrongly and missed to clarify in the corrigendum.


 


My score was also 3/5 to begin with.


 


Sorry again Ramana. Will take care in the future. Now, going forward will send the questions and then the answers after some time. No point in telling anyone you got 5/5/ or 4/5 or 0/5. No point.


 


Apologies again.


 


Warmly, KK

No problem KK, you are doing good job by posting the questions and discussing..

- Ramana

1 A
2 A
3 B
4 D
5 B