Free BCS ISEB-PM1 Exam Dumps and ISEB-PM1 Exam Questions

Question No: 1

MultipleChoice

Many companies self-insure against some risk. Problems which can arise from self-insurance include:

Options

Aconfusion of business risks with insurable risks.

BBoth 1) failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company, and 2) confusion of business risks with insurable risks.stiff competition from insurance companies

CAll of the other alternatives apply.

Dfailure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company

Question No: 2

MultipleChoice

Resource reallocation from non-critical to critical activities is an example of which Project Scheduling technique:

Options

ACritical Path Method

BSchedule Compression

CResource Leveling

DWhat if Analysis

Question No: 3

MultipleChoice

Management by objectives assumes that the team ____________.

Options

ABoth 1) is receptive to an unstructured environment, and 2) possesses a self-fulfillment philosophy

Bpossesses a self-fulfillment philosophy

CAll of the other alternatives apply

Dis receptive to an unstructured environment.

Edoes not require close supervision

Question No: 4

MultipleChoice

A ________ estimate prepared from layouts, sketches and flowsheets, should be accurate within (-10, +25%).

Options

AParametric

BBottom up.

CBudget

DTop down.

EDefinitive.

Question No: 5

MultipleChoice

Which of the following is most closely associated with pure risk?

Options

Aprofit and loss

Bpersonnel turnover

Cmarket fluctuations

Dinsurance

EBoth 1) profit and loss and 2) market fluctuations.

Question No: 6

MultipleChoice

Your company, Kick That Ball Sports, has appointed you project manager for its new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line involves three new products, two of which will be introduced together and a third one that will follow within two years. Product number three will be elaborated in more detail closer to the product's release date, while the first two products will be elaborated in great detail now. The scope management plan has just been completed.

Which of the following is true?

Options

AThe WBS template from a previous project, a tool and technique of the Create WBS process, was used to create the WBS for this project. The WBS encompasses the major deliverables for the project.

BOnly the deliverables associated with the work of the project should be listed on the WBS. Since product number three isn't being released until a later date it should not yet be included on the WBS.

CThe WBS encompasses the full scope of work for the project and the technique in the question is called rolling wave planning.

DThe WBS should be created next, and it encompasses the full scope of work for the project. Only the work of the project is listed on the WBS.

Question No: 7

MultipleChoice

Parametric cost estimating involves _____________.

Options

Ausing a statistical model to estimate costs

Bcalculating the individual estimates of work packages

Cdefining the perimeters of the life-cycle

Dusing the WBS to do bottom up estimates

EBoth 1) using the WBS to do bottom up estimate, and 2) calculating the individual estimates of work packages

Question No: 8

MultipleChoice

Response Planning is the responsibility of the functional areas and considers ___________.

Options

Adeflection.

Bcontingency planning.

Cunforeseen occurrences.

DAll of the other alternatives apply.

Emitigation.

Question No: 9

MultipleChoice

For communication to occur, there must be ___________.

Options

AAll of the other alternatives apply

Ba communication process

CTwo or more people involved

Dthe transmittal of information

EThe transmittal of information and a communication process

Question No: 10

MultipleChoice

Communication in both project and non-project-driven organizations should occur in __________ directions.

Options

Afour

Bone

Ctwo

Dthree

Efive