The project management plan specifies that a predictive development approach has been selected
to produce the project deliverables.
Where in the project life cycle will the overall project risk be the lowest? correct answers D
A company is considering two projects, Alpha and Beta. Project Alpha is expected to result in a
$50 million net profit, while project Beta and is expected to net $45 million. Both projects could
be
very lucrative and rewarding. However, the financial controller has stated that the company can
only invest in one of these projects.
If project Alpha is selected, what will be the opportunity cost? correct answers C. $45 million
You are managing a project to build five bridges. The project consists of five sequential phases
with each phase delivering one bridge.
After the first phase of the project is complete, which process group of the second phase should
follow? correct answers A. Initiating
The project aims to investigate the feasibility of constructing a hydroelectric dam from a
technical, economic, and social point of view. The project charter created by the project manager
on behalf of the project sponsor is now approved.
Which of the following processes should be performed next? correct answers C. Identify
Stakeholders
You are managing a software upgrade project for your company. Your project sponsor has a
great deal of authority regarding project decisions, but you recently discovered that he doesn't
have
much interest in your project. To complete the project successfully, you need your project
sponsor's continuous support.
What stakeholder management strategy should you use with your project sponsor? correct
answers A. Keep the sponsor satisfied
The project sponsor asks for a copy of the document that contains the description, owner, source,
priority, and status of product requirements.
Which project document is the project sponsor requesting? correct answers B. The requirements
traceability matrix
You are facing problems decomposing the testing work package into the final activities required
to complete the work package. Detailed testing plans and activities cannot be determined until
the system is at least 50% developed and more details become available. The system
development work package will take at least three months to complete.
What is the best way to resolve this problem? correct answers B. Decompose the system
development work package now and decompose the system testing work package later
, You are about to start planning for a large and complex project. Due to the size of the project
along with the regulatory and environmental considerations, the development of a detailed
project management plan will be critical.
As a starting point for initial project planning, what is the first thing you should do? correct
answers B. Review the project charter to understand the high-level information about the project
As you are monitoring the cost baseline for your project, you notice that project expenses are
higher than expected at this point in the project.
What is the most likely cause of the variance? correct answers D. Excess inventory
Recently, you promoted your star programmer, Sam, to lead the agile development team. Sam
was a fantastic software coder, and you thought the promotion would mean that he could now
share his expertise with the other development team members. However, you are surprised to
learn that the performance of Sam in his new role is not meeting your expectations.
Which empirical rule did you forget while considering the promotion of Sam? correct answers B.
Halo effect
You have just taken over a project in execution. During your first week, you determine that the
project team members spend a lot of time responding to unexpected requests for information
from different project stakeholders. Because of these interruptions, the team cannot focus on
their project activities, and as a result, the project is behind schedule.
What should you do first? correct answers D. Review the communications management plan to
understand how stakeholder requests should be handled
A team member submits a draft of the requirements management plan to the project manager for
a review. The project manager notices that one of the components included in the plan does not
belong there.
Which of the following components did the project manager most likely notice? correct answers
C. A process that specifies how a project scope statement will be prepared
While reviewing your project's performance, you discover a significant variance. If the issue is
not fixed before the next customer inspection, your project might be canceled. However, after a
further review conducted by the project team, you are glad to hear that bringing the project back
on track requires only a minor correction to a configuration element.
What should you do first? correct answers B. Submit a change request
A project manager is leading a process improvement project for a factory operation. Currently,
the project manager and the team are performing the Monitor and Control Project Work process.
Which of the following activities might be carried out during this process? correct answers A.
Comparing actual project performance against the project management plan
An organization has a policy that a change control board (CCB) must review all change requests
for every project in the organization, and that the CCB follows the recommended activities
outlined in the PMBOK® Guide. Project managers and the project team do not serve as members
of the CCB.