PMP Exam Practice- Questions And Answers Verified 100% Correct!!

A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised? - Never Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase? - Procurement administrator (pg 380) Lucy has to brief her key project stakeholders on the recent approved changes to the project scope. Which of the following project documents will provide essential inputs to Lucy for preparing her presentation? - Change Log (pg 407) You have just taken over a project from another project manager about 6 months into a 12-month project. As you get to know the staff on the project, you become aware that 5 staff members are relatives of the previous project manager. What do you do? - Notify your project stakeholders there is a possibility that nepotism was behind some of the staffing decisions made on your project. A statement of work (SOW) is a narrative description of the products or services to be delivered by the project. - The strategic plan The product scope description The business need (pg 68) Danny has been working as a project manager for a company that provides outsourcing services to banks. Recently, he has sent a proposal to a local bank in response to a bid for a data warehouse project for which his company lacks expertise. Although his company lacks expertise, it has had a good working relationship with the bank in all of its other projects. Which of the following statements is correct considering the proposal that Danny submitted? - Danny has violated the PMI code of ethics and professional conduct It was found that there were a large number of hidden requirements to be identified in the Collect Requirements phase. Which of the following tools should a project manager use to identify them - Hidden requirements can be identified by a "participant observer" who actually performs a process or procedure to experience how it is done ( pg 116)Lynn is the project manager of a project. She creates a structure similar to the Work Breakdown Structure (WBS). However, instead of being arranged according to the project deliverables, it is arranged according to the team's existing departments and units. The project activities and work packages are listed against each existing department. This would be called: - An Organizational Breakdown Structure (OBS) pg 261 Which of the following structures helps track project costs and can be aligned with the organization's accounting system? - The Work Breakdown Structure (WBS) provides the framework for the cost management plan. pg 199 The Project Scope Management Knowledge Area is primarily concerned with: - Defining and controlling what is and what is not included in the project. pg 105