Free BCS ISEB-PM1 Practice Exam with Questions & Answers | Set: 2

Name: How to Pass ISEB-PM1 Exams
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Questions 16

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

Options:

deflection.

contingency planning.

unforeseen occurrences.

All of the other alternatives apply.

mitigation.

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08-May-2025

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Questions 17

Which of the following is the BEST thing to do at a bidder conference?

Options:

Answer sellers' questions

Meet the sellers' teams

Make sure the sellers have all the procurement documents

Make sure the sellers ask all their questions

Questions 18

Parametric estimates are based on variables such as:

Options:

Project objectives and manpower allocations.

Physical characteristics and historical data.

Precise measurements and multiple inputs.

The WBS and similar projects.

Detailed planning and cost restraints.

Questions 19

Which of the following techniques incorporates a form of risk assessment?

Options:

Arrow diagramming method

Network diagramming

Critical path method

Three-point estimating

Questions 20

Overlapping activities on a project, such as design and construction, is referred to as:

Options:

Process improvement.

Synchronous manufacturing

Fast tracking

Parallel management.

Risk conversion.

Questions 21

What component of the project scope definition defines project exclusions?

Options:

Project boundaries

Project constraints

Project assumptions

Project objectives

Questions 22

Which process uses occurrence probability and impact on project objectives to assess the priority of identified risks?

Options:

Risk identification

Qualitative risk analysis

Risk management planning

Quantitative risk analysis

Questions 23

What is Project Portfolio Management?

Options:

Management of a project by dividing the project into more manageable sub-projects.

Management of a project by utilizing a portfolio of general management skills, such as planning, organizing, staffing, executing and controlling.

Management of all projects undertaken by a company.

Management of a collection of projects that are grouped together to facilitate effective management and meet strategic business objectives.

Questions 24

When managing a project team, what helps to reduce the amount of conflict?

Options:

Clear role definition

Negotiation

Risk response planning

Team member replacement

Questions 25

You are a project manager working in a foreign country. You observe that some of your project team members are having a difficult time adjusting to the new culture. You provided them with training on cultural differences and the customs of this country before arriving, but they still seem uncomfortable and disoriented.

Which of the following statements is true?

Options:

This condition is known as culture shock.

This is the result of jet lag and travel fatigue.

This is the result of working with teams of people from two different countries.

This condition is known as global culturalism.

Questions 26

Using the chart, what is the lowest cost of crashing this project to save four weeks?

Options:

$18,000

$6,000

$7,000

$9,000

Questions 27

Failure costs are also known as which of the following?

Options:

Internal costs

Prevention costs

Cost of keeping defects out of the hands of customers

Cost of poor quality

Questions 28

A Project Management Office (PMO) manages a number of aspects, including what?

Options:

Project scope, schedule, cost, and quality of the products of the work packages

Central coordinator of communication management across projects, and for the delivery of specific project objectives, organization opportunity assessment

Assigns project resources to best meet project objectives

Overall risk, overall opportunity and interdependencies among projects

Questions 29

Which of the following documents allows the project manager to assess risks that may require near term action?

Options:

Probability and impact matrix

Contingency analysis report

Risk urgency assessment

Rolling wave plan

Questions 30

Most project (and non-project) managers prefer _____ communications.

Options: