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  1. K1048 The 2 years project has 200 work packages and a $20,000 budget. After one year, 100 work packages are completed and $10,000 has been spent. Which of the following is TRUE?





  2.  You’re a project manager working in a weak matrix organization. Which of the following is NOT true?





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





  4.  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?





  5.  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?