Exam (elaborations)
PMP EXAM QUESTIONS AND CORRECT ANSWERS WELL RATED AND UPDATED
- Module
- Institution
PMP EXAM QUESTIONS AND CORRECT ANSWERS WELL RATED AND UPDATED
[Show more]
Seller
Follow
jameswest
Reviews received
Content preview
PMP EXAM QUESTIONS AND CORRECTANSWERS WELL RATED
AND UPDATED
The critical element in a project's communication system is the:
Progress report
Project directive
Project manager
Customer Correct Ans - Project manager
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
Project scope is:
All the work that must be done in order to deliver a product according to the specified
features and functions, only.
The features and functions that are to be included in a product or service. A
narrative description of work to be performed under contract.
All of the above Correct Ans - All the work that must be done in order to
deliver a product according to the specified features and functions, only.
The most important criteria in deciding to initiate a project selection method is:
Stakeholder's vision
Low cost opportunity
Environmental consideration
Capability Correct Ans - Environmental consideration Which
of the following is not a General management technique? Make-or-buy
analysis
Analysis of alternatives
Applying PMBOK concepts
Lateral thinking Correct Ans - Make-or-buy analysis
As a project manager you have successfully delivered all project deliverables within
stipulated timelines - your senior management wants you to calculate the Cost of
Quality - as a project Manager what costs would you NOT consider while making this
calculation?
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
A. Cost of Hiring
B. Prevention costs
C. Appraisal costs
E. External and InternalFailure costs Correct Ans - A Cost of Hiring
All of the above are correct - except option A - since Hiring Costs have nothing to do
with Cost of Quality.
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
What is the BEST use of the Work Authorization System?
It manages the timing and sequence of when activities need to be performed It
manages who performs the activity
It identifies the resources needed to complete activities
It is used for comparing actual work against the baselines Correct Ans -
It manages the timing and sequence of when activities need to be performed
It defines how work will be authorized and how work will be done at the right time and
in the right sequence
You are managing a project that your company won after making a bid. The clients
have negotiated long and hard and have driven a hard bargain. The project is schedule
to span over eight months and you are in your fifth month of execution. You are
extremely worried since you have about four more months of work remaining and the
project is at the "Point of total assumption" - what does this mean?
As a seller you are running behind schedule As
a seller you are ahead of schedule
The project is going to have a cost overrun which will need to be negotiated with the
client
As a sellter all subsequent costs will have to be borne by the sellter
Correct Ans - As a seller all subsequent costs will have to be borne by the
seller
Reason: "Point of assumption" is the point at which the seller has consumed all the
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller jameswest. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £16.19. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83637 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now
Recently viewed by you
