Question: An example of the placebo effect is:
Answer Options:
a. The apparent ability to recognize the picture on a Zener card without actually seeing it.
b. Being able to walk on hot coals without getting burned.
c. The apparent cure that results from taking sugar pills.
d. The apparent ability to bend spoons and keys without touching them.
e. Being able to levitate.
Answer: c. The apparent cure that results from taking sugar pills.
Question: A leader is evaluating two projects for a January start. The leader cannot decide the best model to use for selection. What should this leader consider in selecting a model?
Answer Options:
a. Non-numeric models provide the essential data for decision making.
b. Numeric models provide too many financial details of a project.
c. Numeric and non-numeric models provide too much data for decision making.
d. Numeric and non-numeric models provide multiple measurements for decision making.
Answer: d. Numeric and non-numeric models provide multiple measurements for decision making.
Question: A project is running ahead of schedule. The project manager decides to level its peak resource usage in the remaining schedule by releasing some resources to work on other projects. Which triple constraints are affected by this project manager’s decision?
Answer Options:
a. Price and incentives
b. Scope and time
c. Cost and price
d. Time and cost
Answer: d. Time and cost
Question: Which activity is accomplished as part of the executing process of a project?
Answer Options:
a. Finalizing the project schedule
b. Returning the project assets to the sponsoring organization
c. Conducting a lessons learned review
d. Managing project stakeholders
Answer: d. Managing project stakeholders
Question: One of the problems about superstitions relating to good luck is that:
Answer Options:
a. Good luck can always be followed by bad luck.
b. The concept of what good luck amounts to is vague.
c. Good luck is always determined by fate.
d. Good luck is only definable statistically.
e. The occurrence of good luck can be explained scientifically.
Answer: b. The concept of what good luck amounts to is vague.
Question: Which activity is accomplished as part of the planning process of a project?
Answer Options:
a. Controlling the budget
b. Developing the project proposal
c. Creating the network diagram
d. Reporting project quality
Answer: c. Creating the network diagram
Question: Match each purpose to its associated financial concept.
Answer Options:
may be used more than once or not at all. Select your answers from the pull-down list.
To calculate the time required to earn back the cost of a project
To calculate what money is worth today compared to in the future
To calculate future cash flows using time and interest rate
To calculate the alternative use of money
Answer Options:
Payback period
Time value of money
Opportunity cost
Answer: Payback period
Time value of money
Time value of money
Opportunity cost
Question: One of the reasons anecdotal evidence is considered unreliable is that:
Answer Options:
a. It is often the result of hallucinations.
b. People tend to lie about this kind of evidence.
c. It is not replicable.
d. Reports of anecdotal evidence are often vaguely worded.
e. Subjects often report anecdotal evidence for emotional reasons.
Answer: c. It is not replicable.
Question: The claim that practitioners of transcendental meditation can levitate leads to:
Answer Options:
a. An idiosyncratic problem.
b. An external consistency problem.
c. A coherence problem.
d. An adequacy problem.
e. A functional problem.
Answer: b. An external consistency problem.
Question: An example of faked evidence is provided by the “feats” of:
Answer Options:
a. Bernard Leikind.
b. James Randi.
c. Uri Geller.
d. Ray Hyman.
e. Donald Singleton.
Answer: c. Uri Geller.
Question: One of the features of superstitious hypotheses is:
Answer Options:
a. Vagueness.
b. Falsifiability.
c. Supernormality.
d. Confirmability.
e. Dubiosity.
Answer: a. Vagueness.
Question: The experiment by Bruner and Postman involving an altered deck of playing cards tends to prove that:
Answer Options:
a. There is a difference between perception and sensation.
b. We see what we expect to see.
c. We see what other people want us to see.
d. What we see is affected by ambient lighting conditions.
e. Partial colorblindness is widespread.
Answer: b. We see what we expect to see.