PMP-RMC Super Exam-2 Failed Questions (with Complete Solutions)

(1)* Question ID: 200 Your project team has identified dependencies on six related projects that are providing major deliverables to your project. Some of these projects have a very similar scope and may overlap with your deliverables. In light of this, which of the following processes should you be most concerned about? A. Validate Scope B. Plan Risk Responses C. Plan Communications Management D. Control Scope - The correct answer is B. The biggest concern must be the risks other projects may cause to yours. It would be better to prevent those problems in the Plan Risk Responses process than to just spend effort controlling scope. Knowledge Area: Risk Process Group: Planning Source: PMP® Exam Prep Page: 465 (4)* Question ID: 1041 You are a project manager for a major telecommunications network upgrade with a net present value (NPV) of US $10,000,000. - You are heavily dependent on a third-party seller for your project and your procurement office informs you there is a 30 percent chance the seller will go out of business at the end of the quarter. If that occurs, your project will incur a US $3,000,000 cost overrun due to rework. - There is also a 30 percent chance new legislation will pass that will decrease government oversight of your team's work. If this legislation passes, you estimate your project will save US $1,600,000 in time delays. - Lastly, your technical lead indicates that there is 20 percent chance a new software package will be available by month end that could save US $1,800,000 in testing time. If available, it will cost US $500,000 to procure and install the software and train the users. What is the total expected monetary value of these three risk events? A. $160,000 B. $1,640,000 C. $60,000 D. $5,900,000 - The correct answer is A.