PMP Questions And Answers

Management Framework - Answer- Management Framework 1. The project life cycle is comprised of which of the following? A. Phases B. Milestones C. Estimates D. Activities - Answer- A. The project life cycle is comprised of phases. B is incorrect since milestones may exist within the project plan, but they do not comprise the project life cycle. C is wrong because estimates are not directly related to the project life cycle. Choice D, activities, comprise the phases within the project life cycle, but not the project life cycle itself. Marcy, the project manager for the ERP Project, is about to complete the Project Phase Review. The completion of a project phase is also known as which of the following? A. Lessons learned B. Kill points C. Earned Value Management D. Conditional advancement - Answer- B. The completion of a project phase may also be known as a kill point. Lessons learned is a collection of information and knowledge gained through an experience, typically a phase, within the project, so A is wrong. EVM, earned value management, can happen at different times throughout the project, not just at the end of a project phase, therefore C is wrong. Choice D, conditional advancement, is a term that is used to describe the conditions that must be present for the work to continue on a project. Conditional advancement, however, does not have to happen only at the end of a project phase. Which of the following is not a key stakeholder in a project that creates a service internal to an organization? A. Project manager B. External customers C. Project vendors D. Project team members - Answer- B. External customers are not key stakeholders in this instance as they are not actively involved in an internal project. A and D are actively involved in the project processes. Choice C, project vendors, is most likely a key stakeholder before an external customer since their ability to perform services and deliver goods may affect project schedule, budget, and completion. Of the following management skills, which will a project manager use most? A. Leading B. Communication C. Influencing the organization D. Ne