PMP

Question No : 1 While managing a project, you decide to create a prototype of your product first to ensure that it is acceptable to stakeholders before creating your product. This is an example of: Choice 1 Risk mitigation Choice 2 Risk avoidance Choice 3 Simulation Choice 4 Project assumptions testing Correct Choice : 1 Justification : Mitigation may require prototype development to reduce the risk of scaling up from a bench-scale model of a process or product. Reference: PMBOK® Guid...

1. The successful project managers spend most of their time: A) Planning with their personnel. B) Planning with top management C) Communicating with project team D) Studying project results. 2. Of the following types of contracts - which has the HIGHEST risk for the seller ? A. Cost plus fixed fee – CPFF B. Time and Material - T and M C. Firm Fixed Price Contract – FFP D. Cost plus Incentive fee – CPIF

During which of the following project development life cycles are the project scope, schedule and budget determined in the early phases of the life cycle? - Answer Predictive Life Cycle Which of the following is the correct definition of a project management methodology? - Answer System of practices, techniques, rules and procedures used by those who work in a discipline You are helping an organization uplift its project management practices. You have recommended developing a business case ...

________ is typically not referred to as a buffer type in critical chain project management. A. Resource buffer B. Free buffer C. Feeding buffer D. Project buffer - Answer B. Free buffer An accepted deadline for a project approaches. However, the project manager realizes only 75% percent of the work has been completed. The project manager then issues a change request.

How many project management knowledge areas are there in the PMBOK 6th Edition? - Answer 10 project management knowledge areas How many project management processes are covered in the PMBOK 6th Edition? - Answer 49 project management processes What are the 10 project management knowledge areas? - Answer Communications Management Cost Management Integration Management Quality Management Procurement Management Resource Management Risk Management Schedule Management Scope Management St...

1. Which of the following contract types has more risk for the buyer? Cost Plus Percentage of Cost (CPPC) Fixed Price (FP) Time and Materials (TM) Cost Plus Fixed Fee (CPFF)

________ is typically not referred to as a buffer type in critical chain project management. A. Resource buffer B. Free buffer C. Feeding buffer D. Project buffer B. Free buffer

The five components of physical health - Answer Cardiorespiratory conditioning, muscular endurance, muscular strength, flexibility, body composition SPICES - Answer Social health, physical health, intellectual Health, cognitive health, emotional health, spiritual health Cardiorespiratory conditioning - Answer Endurance Muscular endurance - Answer The amount of strength that can be repeated several times

PMP Exam Prep - 6th Edition| 273 Questions| With Complete Solutions Project Correct Ans - A temporary endeavor undertaken to create a unique product, service, or result. Project Management Correct Ans - The application of knowledge, skills, tools, and techniques to project activities to meet project requirements Projects are__________and Operations are____________? Correct Ans - Temporary; Ongoing

During the initiating stage, which of the following elements will be identified to meet the project goals? A) Key deliverables A car manufacturing company conceptualized a new car that will be more fuel efficient, ergonomically designed, and that satisfies the latest safety regulations. This car was recently launched and has now moved into full-fledged production. This is an example of: B) Project, as this car was conceptualized, designed, and has now been launched When is the cost highes...