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1.  You are a project manager of a company and you are assigned to a project that has already decided to be outsourced. As a project manager, you need to organize a formal bid process and select the vendor for this project. You own stock in one of the vendor companies who also participated in the bidding process. What is the BEST course of action for you?

   A) Get the vendor company selected for the project.
   B) Keep the information to yourself.
   C) Tell your manager and remove yourself from the vendor selection committee.
   D) Ask other members of the selection committee to select your vendor company.
   

2.  Which of the following is NOT true about overlapping phases?

   A) Each phase is typically done by a separate team
   B) There’s an increased risk of delays when a later phase can’t start until an earlier one ends
   C) There’s an increased risk to the project due to potential for rework
   D) Every phase must go through all five process groups
   

3.  Which of the following document can be used to guide all the work in both project executing and project monitoring and controlling phase of a project?

   A) Project Management Plan
   B) Project Risk Plan
   C) Project QA Plan
   D) Project Charter
   

4.  You are a project manager of a company and you have been assigned to take over managing a project that should have been 60 percent complete according to the schedule. After evaluation, you discover that the project is running far behind schedule, and that the project will probably take double the time originally estimated by the previous project manager. However, the sponsor has been told that the project is on schedule. What is the BEST course of action you will take?

   A) Add new resource to the project and complete the project on schedule.
   B) Show your evaluation to sponsor.
   C) Ask your senior manager to deal with this.
   D) Turn the project back to the previous project manager.
   

5.  Which of the following project management process gets MOST of a project's budget expended?

   A) Project Executing
   B) Project Planning
   C) Project Closing
   D) Project Monitoring