PMI-SP Schedule Development & Management 5

Question 1

A project scheduler identifies a near-critical path with only 2 days of total float. What is the most appropriate action?

Accepted Answer

Monitor it closely as it could become critical if delays occur

Answer

Near-critical paths with minimal float pose significant risk of becoming critical and require close monitoring.

Question 2

Which document formally authorizes the project and provides the project manager with authority to apply resources, but does not contain the project schedule?

Accepted Answer

Project charter

Answer

The project charter formally authorizes the project but the schedule is developed later through the Develop Schedule process.

Question 3

A scheduler compresses a schedule using fast tracking. Which risk is most likely to increase?

Accepted Answer

Rework risk due to overlapping activities

Answer

Fast tracking increases rework risk because activities that would normally wait for predecessor outputs are started early.

Question 4

When using parametric estimating for schedule development, durations are calculated by:

Accepted Answer

Multiplying a unit rate by the quantity of work

Answer

Parametric estimating multiplies a statistical relationship (unit rate) by the measured quantity of work to derive duration.

Question 5

Which component of the schedule management plan specifies the level of accuracy required for activity duration estimates?

Accepted Answer

Level of accuracy

Answer

The level of accuracy component defines the acceptable range used in activity duration estimates, such as ±10%.

(PMI-SP) PMI Scheduling Professional Practice Test

(PMI-SP) PMI Scheduling Professional Practice Test

PMI-SP Schedule Development & Management 5