PMP Exam based Study Questions and Answers 2023

While creating the schedule for a project you are managing, you realize the targeted project end date will be exceeded by several days. You have some project resources that are not being fully used. Also, after reviewing the current schedule, you identify some activities that can be performed in parallel. Which method is Best used to align the scheduled end date with the original targeted project date? Resource leveling Apply leads Apply lags Schedule Compression - ANSWER-Schedule Compression Where is project work performance data collected? Develop Project Mgmt Plan Perform Integrated Change Control Monitor and Control Project work Direct and Manage project Work - ANSWER-Monitor and Control Project Work Which resource should you consult to identify the main expectations of each of the internal stakeholders to ensure that their communication needs are satisfied? - ANSWER-Stakeholder register The configuration management system is a sub-component of the overall change management system. True False - ANSWER-False it is separate from the integrated change control but combined with integrated change control does make up the overall change mgmt system. What is BCWP? - ANSWER-Budgeted Cost of Work Performance, aka Earned Value (EV) What is BCWS? - ANSWER-Budgeted Cost of Work Scheduled, aka Planned Value (PV) While developing a new type of bearing that was meant to replace a recalled model, a major quality problem was discovered. Only ten percent of the bearings manufactured have been within the control limits. The process activities need to be reviewed to see where the process went wrong. Which type of diagram can be created to gather this information? - Flow Chart - Cause and effect diagram - Pareto chart