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PMP Exam Prep 2024 QUESTIONS & ANSWERS(LATEST UPDATE)CORRECT 100%

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Product Backlog: Who produces it ? What is it? Who else is involved with it and how? - ANSWER produced by the product owner, ordered list of the features in the user story. Refined with the help of the team. sprint / iteration backlog Is a list of what? What purpose does it serve? - ANSWER prioritized list team's plan for how they will deliver. Minimum Viable Product (MVP) - ANSWER a NEW product that meets the DoD, some (not all) of the product owner's vision.

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PMP Exam Prep 2024 QUESTIONS &
ANSWERS(LATEST UPDATE)CORRECT 100%
Product Backlog:

Who produces it ?

What is it?

Who else is involved with it and how? - ANSWER produced by the product owner, ordered list of the
features in the user story. Refined with the help of the team.



sprint / iteration backlog

Is a list of what?

What purpose does it serve? - ANSWER prioritized list

team's plan for how they will deliver.



Minimum Viable Product (MVP) - ANSWER a NEW product that meets the DoD, some (not all) of the
product owner's vision.



Minimum Business Increment (MBI) - ANSWER an OLD product that has been enhanced



Burn (up/down) charts purpose - ANSWER Tracks the team's REMAINING work within an iteration or
release



What happens during Iteration/Sprint Planning? How long should it be? - ANSWER Highest priority work
from the product backlog pulled into the sprint/iteration backlog. 8 hours or less.



What is covered in a Daily Stand Up?what isn't covered? How long does it last? - ANSWER What they did
yesterday, today, and a list of issues they will face soon. NO DISCUSSION. 15 minutes.

, Product Owner: what are they responsible for (2)? What do they decide? - ANSWER responsible for
product vision, prioritizing the backlog, decides if an increment will be release



PM / Scrum master role does what with what type of leadership? - ANSWER Shields team from
distractions, servant leader




Supportive PMO type does what? - ANSWER Develops best practices, methods, standards, templates.
Coach, mentor, train PMs. (don't have to follow but provides support)



Controlling PMO type does what? - ANSWER Monitors compliance with project procedures via audits.
You HAVE to follow their rules.



Directive PMO type does what? - ANSWER They manage shared resources and coordinates
communication across projects.



ACoE PMO Type does what? - ANSWER Enable projects instead of manage them. They coach teams,
build agile mindset and skills, mentors sponsors and product owners



Portfolio vs Program vs Project - ANSWER see image



4 types of Organizational Structures - ANSWER 1. Functional

2. Matrix

3. Projectized

4. Composite



functional organizational structure

PM power and team attributes - ANSWER PM power: very LITTLE, functional manager has the power
because the team reports to the functional manager. Team members work part-time on the project



matrix organizational structure

,PM power and team attributes - ANSWER PM power: can be weak, balanced, or strong (but not total)
control. Team members have conflicted loyalty, they report to both the PM and their FM. Team works
part-time on the project



projectized organizational structure

PM power and team attributes - ANSWER PM power: high control. Team members report to the PM,
work full time on projects, and are loyal to the project



composite organizational structure - ANSWER Does not fit into the other org structures



Agile Principle: Satisfy __________ through early and continuous delivery - ANSWER customers



Agile Principle: Welcome __________ even late in development - ANSWER change



Agile Principle: Deliver working software __________ - ANSWER quickly!



Agile principle: People should be self-__________. Give them the __________ they need to get the job
done but trust them to do it. - ANSWER motivated, support



Agile principle: The most efficient way of conveying information within a team is __________
conversation - ANSWER face-to-face



Agile principle: __________ __________ is the primary measure of success - ANSWER WORKING
software(products)



Agile principle: Sponsors, the team, and users should be able to maintain a __________ __________
indefinitely. - ANSWER constant pace



Agile principle: Continuous attention to technical excellence and __________ __________ enhances
agility. - ANSWER good design

, Agile principle: __________ - the art of maximizing the amount of work not done, is essential - ANSWER
simplicity



Agile principle: teams should be __________ organized - ANSWER self



Agile principle: The team regularly reflects on how to become more __________, and then adjusts
accordingly - ANSWER effective



Selecting a hybrid approach means that - ANSWER We are tailoring the approach to what is best for the
project needs



Strategic Management Elements and Framework triangle chart - ANSWER



Enterprise Environmental Factors (EEFs) definition plus examples - ANSWER External GIVENS not in the
control of the project team.

Internal or external to the company.



Internal examples: Company culture, geographic distribution of employees, IT software



External examples: social, political, cultural influences, legal restrictions, government standards, working
conditions, weather, academic research



Organizational Process Assets (OPAs) - ANSWER Internal ASSETS in the control of the project team



Examples: org charts, templates, processes, procedures, guidelines, databases, historical information,
procurement rules, hiring/on boarding procedures.



PESTLE, TECOP, and VUCA are ... - ANSWER ways of understanding external risk, uncertainty, and
opportunities that can affect the value and desired outcome of a project

What's two main things happen during the Sprint Demo? How long does it usually last? - ANSWER
Inspects the outcome of the iteration with stakeholders, collects feedback. 4 hours or less.

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