Showing posts with label PMP Questions. Show all posts
Showing posts with label PMP Questions. Show all posts

Saturday, November 19, 2016

Answers to Mock PMP Exam Questions

By With 4 comments:
I have written a short list of 10 mock PMP exam questions. In this article, I have given the correct answer choices to those PMP exam questions. Relevant explanations are also given for you to understand why the answer choice is the best choice available.

If you still have any doubts, you can drop your comments in the section below. If you feel the correct answer choice should be something else, please provide your line of thought and we can discuss.

Answers to Mock PMP Exam Questions


Mock PMP Exam Question No: 1

Correct Answer: C
Explanation: The Project Manager is in the Plan Schedule Management process; this is the process of establishing the policies, procedures and documentation for planning, developing, managing, executing and controlling the project schedule. Expert judgment, Meetings and Analytical Techniques are all the Tools & Techniques of Plan Schedule Management.

The only exception is Decomposition. Decomposition is used as a tool in "Create WBS" and "Define Activities".

Mock PMP Exam Question No: 2

Correct Answer: B
Explanation: Historical information, Templates and Change Control Procedures are all examples of Organizational Process Assets. Organizational Structure is not an Organizational Process Asset; it is part of the Enterprise Environmental Factors.

Mock PMP Exam Question No: 3

Correct Answer: C
Explanation: Define Activities is the process of identifying and documenting the specific actions to be performed to produce the project deliverables.The output of define activities is a list of activities.

So, the immediate next action would be to identify the relationships among the activities. This process of identifying and documenting the relationships among project activities is called "Sequence Activities".

So, the correct answer is "Sequence Activities".

Mock PMP Exam Question No: 4

Correct Answer: C
Explanation: The relationship is: Finish laying of road =>Wait 28 days => Start using the road.

Here, 28 days is the lag for which the next activity should wait. So, the relationship is Laying of road => FS+28d => Start of use of the road.

The correct answer choice is Option C.

Mock PMP Exam Question No: 5

Correct Answer: B
Explanation: Resource leveling is a technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with the available supply.

Mock PMP Exam Question No: 6

Correct Answer: B
Explanation: A project is a temporary endeavor; but, it does not necessarily mean the duraion of the project is short. Please note that repetitive elements may be present in some project deliverables and activities; but, this repetition does not change the fundamental, unique characteristics of the project work. You also should understand a project can involve a single or mulitple individuals, a single organization or multiple organizations.

Mock PMP Exam Question No: 7

Correct Answer: C
Explanation: The project charter is created long before you start identifying work packages and activities. Project charter typically contains only high level information while work packages are created with detailed information.

Mock PMP Exam Question No: 8

Correct Answer: D
Explanation: Delphi technique is an information gathering technique. The remaining three are quantitative risk analysis techniques

Mock PMP Exam Question No: 9

Correct Answer: B
Explanation: FV = PV(1+i)^n. In this problem, Future Value FV = $48,400, rate of return I = 10% and number of years n =2. Substituting these values in the formula, you will get Present Value PV = $40,000

Mock PMP Exam Question No: 10

Correct Answer: C
Explanation: Project B was preferred over project A. So, the opportunity cost would be the NPV of project A, which was not chosen.

Thursday, January 14, 2016

PMP Exam Questions and Answers - FREE

By With 20 comments:
Here, you will find a list of mock PMP exam questions that are designed to represent the actual PMP exam questions as closely as possible. These free mock PMP exam questions are framed based on my personal experience in appearing for the PMP exam and the PMI-RMP exam.

The real PMP exam questions are not easier; but the more you practice, it would be better for you to face the actual PMP exam questions with ease at the exam.

Mock PMP Exam Questions

1. You are the project manager for a software project. You are in the process of establishing the policies, procedures and documentation for planning, developing, managing, executing and controlling the project schedule. You may use all of the following Tools & Techniques EXCEPT:

(A) Expert judgment
(B) Meetings
(C) Decomposition
(D) Analytical techniques

2. The following are all examples of Organizational Process Assets EXCEPT:

(A) Historical information
(B) Organizational structure
(C) Templates
(D) Change control procedures

3. You are the project manager of a $400 million construction project. You, along with your team, have identified and documented the specific actions to be performed to produce the project deliverables. What would be your immediate next action be?:

(A) Develop Schedule
(B) Collect Requirements
(C) Sequence Activities
(D) Select Sellers

4. Your project involves the construction of a temporary concrete road. The road is expected to be in use for 6 months before it gets demolished. You have completed the laying of the temporary concrete road. But, the customer specification states that you have to wait for 28 days before using the road. Which of the following relationships most likely represents the relationship of the start of the use of the road to the completion of the construction of the road?

(A) Finish-to-start with a 28 days lead
(B) Finish-to-finish with a 6 months lag
(C) Finish-to-start with a 28 days lag
(D) Start-to-finish with a 28 days lag

5. You are in the planning process of a $1b project. You realize that your schedule requires more resources in certain months of the project than that are available to you. Your senior management has clearly instructed that you will not be able to obtain any additional resources for the project. So, you instruct your planner to adjust the schedule to accommodate these constraints. What are you instructing the planner to do?

(A) Crashing
(B) Resource leveling
(C) Programme Evaluation and Review Technique
(D) Fast tracking


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6. Projects are a means of achieving objectives within an organization's strategic plan. Which of the following statements is NOT true about projects?

(A) Every project creates a unique product, service or result
(B) The duration of the project is short
(C) Repetitive elements may be present in some project deliverables and activities
(D) A project can involve a single individual

7. The project charter contains high level information. Which of the following elements is NOT typically found in a project charter?

(A) Project purpose or justification
(B) Summary milestone schedule
(C) Work packages
(D) Stakeholder list

8. The key benefit of performing quantitative risk analysis is that it produces quantitative risk information to support decision making in order to reduce project uncertainty. Which of the following is NOT a commonly used quantitative risk anlaysis and modeling technique?

(A) Tornado diagram
(B) Decision tree diagram
(C) Monte Carlo Technique
(D) Delphi Technique

9. An organization invests certain amount of money into a project and makes $48,400 after 2 years. If the rate of return is 10%, how much money did the organization invest in the project?

(A) $44,000
(B) $40,000
(C) $47921
(D) $47446

10. An organization is trying to choose between two projects. Project A has an estimated cost of $400,000 and an estimated NPV of $90,000. Another project B has an estimated cost of $360,000 and an estimated NPV of $110,000. If the senior management decides to go ahead with project B, what would be the opportunity cost?

(A) $40,000
(B) $20,000
(C) $90,000
(D) $110,000

Answers to the above questions are available at:

Conclusion

I am confident that you would find the above questions helpful in your PMP exam Prep. The answers and detailed explanations with references for the above PMP exam questions would be uploaded soon. I would also update this list with more questions. IF you have any comment/ suggestions/ feedback on the above PMP exam questions, you may leave your comment below.

Tuesday, January 12, 2016

Answer Key for Oliver Lehmann PMP Exam

By With 6 comments:
Oliver F. Lehmann is one of the well known project management trainers. Being a trainer since 1995, he primarily focusses on PMP certification preparation. His 75 free sample questions (PMP® Exam Self-Assessment Test) is very popular. If you have not tried the test yet, please STOP reading this article.

He has given the answers and relevant references for all the 75 questions. He has not given any answer explanations, probably to encourage candidates to research themselves. I do encourage you to think and do a research before reading further on.

Question No. 2 from Oliver Lehmann PMP Exam Self Assessment Test

I took question #2 from the sample test to solve here. Read further only if you have failed to solve yourself and really need a guidance.

Answer Key for Oliver Lehmann PMP Exam Question No. 2
Source: http://www.oliverlehmann.com/pmp-self-test/75-free-questions.htm

Answer Key for Oliver Lehmann PMP Exam Question No. 2

There are two projects in the question. We need to choose the project with a better returns based on the Net Present Value (NPV). The below table shows the given data.

Project #DurationCostReturns
19 months$250,000$120,000/ year
29 months$250,0001st year: $15,000
2nd year: $125,000
3rd year: $220,000

Since the cost and duration are the same for both projects, let us ignore those data; we will look into the returns/ benefits of the project only to compare.

Net Present Value (NPV) = FV/(1+r)t, where
FV = Future Value
r = rate of interest
t = time period

So, the NPV of project 1 considering first three years
= 120000 / 1.05 + 120000 / 1.052 + 120000 / 1.053
= $326790

NPV of project 2 considering first three years
= 15000 / 1.05 + 125000 / 1.052 + 220000 / 1.053
= $317709

Comparing the two values, project #1 is better. By, what percentage?
= (326790-317709) / 317709
= 0.029
= 2.90% (approximately 3%)

So, the first project is more attractive by approximately 3%.

Conclusion

Hope the above explanation helps. If you need any further information/ help regarding this question, please leave a comment below.

Tuesday, May 28, 2013

3500+ Free PMP Exam Practice Questions

By With 56 comments:
Updated on 17 Nov 2017: Free PMP® Exam Prep Practice Test (full mock test containing 200 questions) from SimpliLearn was added; the updated list now contains 3500+ Free PMP exam practice questions. Invalid links were removed from the list.

To succeed in PMP Certification Examination, you need to follow three golden rules, which are listed below:
  1. Practice
  2. Practice and
  3. More practice
999+ Free PMP Practice Questions

Got it? Yes, PMP is one examination where you can succeed only by getting some hands-on exercises. It is difficult to clear the examination just by reading PMBOK or attending some training. You need to try as many questions as possible, monitor your performance and control your study before going for the real PMP exam. I have touched about this approach in my earlier article titled How to Pass PMP in First Attempt?.

So, the next step is to find relevant resources. You can buy question banks or mock exam softwares available in the market, if money is not a constraint. But, if you are worried about spending more money on PMP, don't worry. There are ample PMP questions available online, free of cost.

In this article, I have listed some of them for your reference and use.

3500+ Free PMP Exam Practice Questions

  1. Just Get PMP - PMP Exam Questions and Answers - Free
  2. PMPExamForFree- Premium PMP Exam Questions (700 questions)
  3. GreyCampus - Free PMP Practice Exam (200 questions); requires you to share your e-mail to receive the test result
  4. Just PMP - Free PMP Practice test (200 questions); requires you to like and share JustPMP facebook page before you enroll for test
  5. BrainBOK - Mastering PMBOK Exam (50 random questions displayed from a pool of 100+ free questions); requires a sign-in with Google Account
  6. Oliver F. Lehmann
  7. Project Management Academy - Free PMP Questions (50 questions)
  8. iZenBridge
  9. CertChamp - PMP Sample Questions (200 questions)
  10. The Certification School - PMP Free Mock Exam (100 questions)
  11. MyPM
  12. Head First Labs - Free PMP Practice Exam (200 questions)
  13. PMStudy - Free Sample Chapter Test on "Project Management Framework" and "Project Integration Management" (151 questions)
  14. tutorialspoint – PMP Mock Exam (200 questions)
  15. preparepm.com
  16. Threon - PMP Test Questions
  17. Project Management Test Bank -  PM Test Bank (480 questions)
  18. PMTraining - PMP Exam Demonstration (10 questions)
  19. SimpliLearn - Free PMP® Exam Prep Practice Test (200 questions); You need to provide your name, e-mail id and phone number to start the Practice Test
  20. Voight Project Solutions – Practice PMP Exam (Removed the link on 13 Oct 2015 as it is not working)
  21. PMP Links - PMP Practice Exam (200 questions) (Removed the link on 17 Nov 2017 as it is not working)
Remember that PMP is not only Project Mangement Professional, but also stands for Practice Makes Perfect.

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Disclaimer

I have not tested or reviewed the above links. So, I cannot vouch for the content provided in those links. It is up to the individuals to ensure the relevance and accuracy of the questions. However, we would welcome your feedback on those questions banks which would help other PMP aspirants to choose the better question bank for their exam preparation.


Revision History

  • Nov 17, 2017: Free PMP® Exam Prep Practice Test from SimpliLearn was included; PMP Practice Exam from PMP Links was removed
  • Dec 31, 2016: 700 Premium PMP exam questions from PMPExamForFree were added
  • Nov 24, 2016: Free PMP practice exam from GreyCampus was added
  • Nov 16, 2016: Free PMP practice test from JustPMP was added
  • Jan 16, 2016: My own PMP exam sample questions (10 questions) were included
  • Jan 09, 2016: 10 sample questions from PMTraining were included
  • Jan 08, 2016: 175 Prep Questions from Oliver F. Lehmann and 200 Free PMP Practice Questions from PMP Links were included
  • Nov 26, 2015: 50 Free PMP/CAPM Sample Questions from BrainBOK were included
  • Nov 16, 2015: 50 Free PMP Questions from Project Management Academy were included
  • Nov 14, 2015: PMP Free Practice Test and Earned Value Management (EVM) Quiz from iZenBridge were included
  • Nov 04, 2015: PMP Sample Questions from CertChamp were included
  • Oct 29, 2015: PMP Free Mock Exam from The Certification School was included
  • Oct 13, 2015: PMP Practice Exams from MyPM were included; Practice PMP Exam from Voight Project Solutions was removed
  • May 28, 2013: First published

Monday, May 27, 2013

Frequently Asked Questions (FAQ): Part 1

By With No comments:
PMP - Frequently Asked Questions (FAQ)
I get lot of questions from PMP aspirants. Most of them are not related to the PMP content, but generally questions of administrative nature. Several questions were repeated; primarily out of anxiety from candidates.

I thought of putting together these questions on PMP examination here. This by no means is a comprehensive list of questions. I would add more questions as I come across them.

Question #1

I got the training of 35 hours in Project Management 2 years back which was conducted by PMI-Chennai chapter and now I am waiting for the PM experience to get completed in mid of this year. Whether I can apply for PMP with this training hours or I have to take a new training?
Manick: PMI states that you should have at least 35 contact hours of specific instruction that addressed learning objectives in project management. You are allowed to record all education hours regardless of when they were accrued. The only condition is that the course work should have been completed at the time you submit the application.

So, it is not necessary to attend new training. Your previous training would be sufficient, irrespective of the fact that it was two years old.

Question #2

I am planning to go for online 35 hours contact training now based on PMBOK 4th edition. However I would like to take the exam on PMBOK 5th edition after 4 to 5 months from now. So my question is the contact hours I gained on PMBOK 4th edition are eligible for taking PMBOK 5th edition exam also?
Manick: No problem. You can attend the training program based on PMBOK4; and the same contact hours can be used to take exam based on PMBOK5.

PMI requires that the contact hours should address learning objectives in project management. The course hours may include content on project quality, project scope, project schedule, project budget, project communications, project risk, project procurement, and project integration management. It does not state that you have to go through any specific training based on PMBOK only.

Question #3

I had taken the PMP 35 PDUs training for PMP 4th edition in Nov 2012, and due to some personal problems I was not able to prepare for this PMP Exam and have not taken yet, i,e till 5th May 2013. Now, I came to know that PMP 4th edition exam last date is 31 July 2013. I have not started preparation for this PMP exam, so can I prepare for this exam within 2 months?
Manick: The time required for the exam preparation varies depending on the individual’s learning capability, other work load, the level of training obtained and various other factors. From my own experience, I believe that anything between 6 to 8 weeks should be sufficient for exam preparation. But, you have to dedicate your full attention during this period.

I note that there is a long break since you attended the training session. I would suggest you to attend a refresher programme. This should not be a problem since most of the training institutes allow you to attend repeat classes. Please check with your respective training provider.

Question #4

I have done my 35 hours PDU and I am in the process of completing my profile. Please advice whether I should take PMP4 exam or PMP5 exam. I just did the 35 hour PDUs last weekend.
Manick: We still have about two more months before the exam changes to PMBOK5 (PMP5). You have just enough time to prepare and appear for the exam based on PMBOK4 (PMP4). As such, I would suggest you to go ahead with PMBOK4.

Since you have completed the training, its easier for you to study PMBOK4. Moreover, the amount of study material available for PMBOK4 is plenty. To get study materials based on PMBOK5 would take some time. So, I prefer to go ahead with a known devil rather than waiting for the unknown angel.

I would strongly suggest PMBOK5 for any one who completes their training after mid-June. Its too difficult to prepare for the exam in less than six weeks.

I hope the above clarifications would help to cool down some of your anxiety. Do you have any other questions? Please feel free to shoot them.

Sunday, May 19, 2013

Doubt in Conflict Resolution Techniques

By With 2 comments:
I got the following question from one of the candidates in my PMP training programme. The question relates to "Conflict Resolution Techniques" from Project Human Resources Management. Let us see the question below & our conversation/ discussion regarding the answer:

Conflict Resolution Techniques

The Question

Choose from the following combinations, the combination that shows the most preferred and the least preferred conflict resolution techniqes:

(A) Smoothing, Withdrawal
(B) Problem Solving, Withdrawal
(C) Confrontation, Forcing
(D) Compromising, Forcing

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Discussion on the Answer

PMP Aspirant: "Manick, I chose answer (C). But, the correct choice seems to be (B). As per PMI, least preferred is forcing right? I don't understand. Can you please explain?"

Manick: "The answer is (B). The most preferred conflict resolution technique is problem solving/ confrontation; the least preferred technique is withdrawal.

In withdrawal, there is no resolution. You are running away from the solution. Whereas, in Forcing, you have a resolution arbitrarily; through force and power. But, the point is, in Forcing, at least you have some solution whereas in withdrawal the conflict still remains."

PMP Aspirant: "Ya I agree ..but during our class I remember u saying generally withdrawal is least preferred but as per PMI forcing is the last option...so the confusion:("

Manick: "As per PMI, forcing should be the last resort if other conflict resolution techniques like Confrontation could not work. What it means is, you can use forcing if everything else fails; but, withdrawal should not be used at all. So, in the hierarchy of preference, forcing comes before withdrawal."

Is that clear to you? Are you with me? You can share your opinion or comments for further discussion on this issue.

Thursday, April 4, 2013

Doubt in Estimate At Completion (EAC) Calculations

By With 4 comments:
Today, I got a question from our friend, PMP aspirant. He wanted me to explain the answer to the PMP question. He said that his answer is not matching the right answer given. The question is given below:
You are the project manager of a $5 billion dollar construction project. Your project is doing extremely well in terms of cost performance, which is indicated by the Cost Performance Index value of 1.25. But, you have reasons to believe that the current variances were due to extraneous factors, and you do not expect similar variances to occur in future. The original estimated budget at completion is $250,000. What should be the estimate at completion (EAC) for your project if AC = $ 100,000 and EV = $ 125,000?
OK, before going into the question, I would like to explain the various ways of calculating the Estimate At Completion (EAC). There are three different scenarios you will encounter in the EAC calculations. They are:


1. Current project performance is typical; you expect the project to perform similarly till end of the project
EAC = BAC/ CPI
Let me give you an example. Say, your original budget is $1000. The actual cost as of now is $200, but the earned value is only $100. It means that you are spending $2 for every $1 of work. So, if the same performance continues till end of the project, you would be spending $2000 instead of $1000.

In terms of calculations, CPI = EV/ AC = 100/200 = 0.5
So, your EAC = BAC/ CPI = 1000/0.5 = $2000

2. Current project performance is atypical; you expect the project to perform to original expectation from now on.
EAC = AC + (BAC-EV)
Let us use the above example in case 1. You have spent $200 so far for an earned value of $100. So, you still have $900 (BAC-EV = $1000-$100) worth of work to be completed. Since you are expected to fall back in line with the original estimate, you need only $900 to complete the project from now on. Add the amount you have already spent on the project ($200).

So, EAC = 200 + (1000-100) = $1100

3. You need to complete the project in time, irrespective of what has happened so far.
EAC= AC + (BAC-EV) / (SPI * CPI)
Let us again use the example from case 1. You have spent $200 so far for an earned value of $100.  But, as per schedule, you should have completed $400 value of work.

So, PV = $400, EV = $100, AC = $200
SPI = EV/PV = 100/400 = 0.25
CPI = EV/AC = 100/200 = 0.50

EAC = 200 + (1000-100)/(0.25*0.75) = $5000.

EAC = 200 + (1000-100)/(0.25*0.50) = $7400.

The revised estimate now is too high compared to the original estimate; this is because of the very slow progress (SPI =0.25). You may have to spend more money (using schedule compression techniques) to bring back the project on schedule.

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Solution to the given problem

I hope you understand the different scenarios given here. Now, let me come back to the question sent by our friend, PMP Aspirant. The project manager believes that the current variances are not typical and does not expect similar variances to occur in the future. The scenario given falls under case 2. So, let us the relevant formula to compute the EAC value.

EAC = AC + (BAC-EV)
In the given problem, AC = $100,000; BAC = $250,000; EV = $125,000

EAC = 100000 + (250000-125000) = $225000

Is that clear? Do you still have any doubts? Please feel free to share your thoughts. If you need help on any other problem, I would be glad to help.

Doubt in Schedule Network Diagram

By With No comments:
Network Diagram is the most interesting concept in project scheduling. But, it can also become tricky if you do not understand it clearly. Today, I got a query from one of my PMP candidates. He sent me the following table of activities.

 Activity  Predecessor  Duration (days) 
AStart6
DA8
BStart3
EB5
CStart9
EC6
EndD3
EndE4

He was confused why activity E is appearing twice in the table with different duration. He also wanted to know the critical path, duration of the critical path and the total float of activity B.

Solution

Now, let us look at the solution for the above problem. I will draw the network diagram using Precedence Diagramming Method (PDM)/ Activity On Node (AON) diagram. To avoid confusion, I will just draw the relationship without showing the duration of the activities.

Schedule Network Diagram without duration

So, we have no problem in drawing the network. You can check the relationship against the table and everything looks fine.

Now, let us start including the duration for each activity. This is where it gets troublesome. Activity E's duration is shown as 5 days in one row and as 6 days in another. Why does activity E appears twice with different duration?


Since activity E appears twice, this problem cannot be represented using Precedence Diagramming Method (PDM)/ Activity On Node (AON) diagram or even Arrow Diagramming Method (ADM)/ Activity On Arrow (AOA) diagram. In both approaches, the activity appears only once. So, we need to interpret the problem a little bit differently.

Instead of reading that duration of activity E is 5 days, let us read it as the duration of activity E-B is 5 days. Similarly, let us interpret that the duration of E-C is 6 days. With this interpretation, I am going to draw the network with a combination of both PDM and ADM. The activity is placed in the node as in PDM while the duration is placed on the arrow as in ADM. Let us see how the network diagram looks like.

Schedule Network Diagram with duration

So, I believe we have correctly represented the problem in the network diagram. Now, it is simple to answer the questions.

Question 1: Identify the Critical Path. What is the duration of the critical path?
We have three paths in the network, namely Start-A-D-End, Start-B-E-End and Start-C-E-End. Let us find out the duration of each path.

Duration of Start-A-D-End: 17 days
Duration of Start-B-E-End: 12 days
Duration of Start-C-E-End: 19 days

So, it is clear that the path Start-C-E-End with the longest duration of 19 days is the critical path.

Question 2: What is the total float of activity B?
We know the duration of the critical path is 19 days. Activity B appears in only one path, Start-B-E-End, which takes 12 days. So, the total float of activity B is 19-12 = 7 days.

That's it. Hope the above explanation gives you a better picture of the problem and its solution. What is your opinion? Is it clear? Do you have any other doubts? Please feel free to leave your comments.

Monday, April 23, 2012

Answer to PMP Question #1

By With No comments:
You can read the question by clicking here: PMP Question #1

Answer to PMP Question #1
The correct answer to PMP Question #1 is (C).

Reasoning behind the answer
A project is defined as "a temporary endeavor undertaken to create a unique product, service, or result." (A Guide to the Project Management Body of Knowledge, PMBOK Guide, Fourth edition) From this definition, we can identify certain characteristics of the project which are listed below:
  • Projects are temporary in nature. Temporary does not necessarily mean the projects are short in duration. It means they have a definite beginning and ending date; or in other words, a project has a finite and defined lifespan.
  • Projects are unique as the products, services, or results they produce are different in some distinctive way from similar products, services, or results.
  • Projects are completed when the project goals and objectives are achieved or it's determined the project is no longer viable
Following are some examples of a project:
  • Creating a new software application or system
  • Creating a new drug
  • Building a house
  • Organizing a political campaign
  • Designing and building a new airplane

Wednesday, April 18, 2012

PMP Question #1

By With 5 comments:
PMP Question #1
You are appointed as the project manager of a $460 million construction project. All the following are characteristics of a project except:

A. Temporary endeavor
B. Creates a unique product, service or result
C. Short in duration
D. Definite beginning and end

What is your answer? Why? Please leave your comments. I will upload the correct answer tomorrow.