Question  1: The CPM calculates the earliest start date, earliest finish date, latest start date, and latest finish date for each activity. Which of the following statements are true regarding the critical path of a project schedule?

(A) Any project activity with a slack time of zero or greater is considered a critical path tasks
(B) The float / slack time is determined by subtracting the early start date from the late start date.
(C) None of the statements are true
(D) The float / slack time is determined by subtracting the early start date from the early finish date.
 

Question 2: You are the project manager at a biotech company where you are responsible for developing treatments for diabetes. George is your Chief Scientist. Over the past few years, George has helped the company develop various patents and technologies with regards to treating diabetes. To say the least, George is critical to the company's success. Lately, George has been demanding a 50% increase in his salary. He is threatening to leave the company if he does not receive a salary increase. Which type of power is George yielding in order to get his pay increase?

(A) legitimate power
(B) referent power
(C) coercive power
(D) expert power

Question 3: You are the project manager within a strong matrix organization. Your current project involves coordination amongst engineering, marketing, and manufacturing teams. The project has a very aggressive timeline and several technical obstacles that need to be resolved. You are having difficulty estimating the cost of the project. Which of the following is the MOST likely reason why you are having difficulty estimating the project costs?

(A) volatility of raw materials prices
(B) lack of project management processes
(C) scope definition is inadequate
(D) inadequate resources

Question 4:Which of the following statements are true regarding the communication process?

(A) Sender is responsible for making sure the information is received in its entirety
(B) Sender is responsible for making the information clear and complete
(C) Receiver is responsible for making sure the information is clear and complete
(D) None of the statements are true

 
Question 5: You are currently in the process of prioritizing risks by their impact and probability of occurrence. Which of the following tools / techniques is LEAST useful?

(A) probability impact matrix
(B) root cause identification
(C) risk urgency assessment
(D) risk categorization