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PMP Practice Exam 5. Questions with 100% Correct Answers | Verified | Latest Update 2024
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PMP Practice Exam 5. Questions with 100% Correct Answers | Verified | Latest Update 2024
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PMP Practice Exam 5A business is considering over a dozen of infrastructure upgrade projects. These projects, once delivered, will
add to the overall performance of the organization but will not contribute to any of the revenue streams. Prior to
initiating any such project, the value of the project to the organization must be determined. Which of the
following is the most important factor to be considered in such a scenario? - ✔✔Alignment with the strategic
goals
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A certain project was in the Collect Requirements phase. The eventual users of the product were unable to
define their requirements. In this scenario, which of the following tools could have helped determine the
requirements? - ✔✔Prototypes are working models of the expected product before actually building it. The
tangible nature of prototypes allows users to experiment with a model of their final product early in the project
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life cycle and to generate clear feedback. Interviews, questionnaires and surveys were unlikely to help in this
case since the users were struggling to define their requirements
A decision tree is a Perform Quantitative Risk Analysis technique. A decision tree is represented by a Decision
Tree Diagram. The decision tree describes a situation under consideration, the implications of each of the
available choices, and the possible scenarios. A Decision Tree Diagram shows how to make a decision among
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alternative capital strategies known as - ✔✔The decision points are known as Decision nodes. The decision
tree incorporates the cost of each available choice, the possibilities of each of the available choices, and
possible scenarios. It shows how to make a decision among alternative capital strategies (decision nodes)
when the environment is not known with certainty
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A good project manager always gathers and documents lessons learned throughout the project lifecycle rather
than delaying the effort till the project closure. Which of the following is NOT a risk associated with postponing
the lessons learned gathering effort till the very end of the project? - ✔✔Project's earned value gets
decreased
A manager asked to see a list of milestones in the project. This would be available as an output from the -
✔✔The list of milestones is available as an output from the Define Activities process
A point in time that a project or project phase is authorized to its completion is called - ✔✔A point in time that
a project or project phase is authorized to its completion is called a project boundary
A project manager analyzed the project's communication requirements and decided that 10 out of the 30
stakeholders in the project would only need voicemail updates of certain information. This type of
communication is called - ✔✔Use of voicemail is push communication. In this type of communication,
information is distributed to specific recipients who need to know the information. However, this method does
not certify that the information actually reached, or was received by, the intended audience.
A project manager feels the need of updating one of the project supplier contracts to meet the current needs of
the project. However, before any change can be requested, the project manager must know the right process
to incorporate a change to this specific contract. What should he do first? - ✔✔Review the change control
procedure as documented in the contract itself
,A project manager in a seller organization discovered that certain deliverables had been delivered to the buyer
without undergoing proper testing. Recalling the deliverables will result in a cost overrun on the project. What
should the project manager do in such a case? - ✔✔Recall the deliverables even though there will be a cost
overrun.
A project manager included contingency reserves and management reserves in the total budget of a high-risk
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project. He also made certain earned value measurement calculations. Which of the following is incorrect? -
✔✔
A project manager is considering risk in a project. When does risk come into play in a project? - ✔✔As soon
as a project is conceived
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A project manager is estimating the project duration and finds that the only information available to him is a
previous project that was quite different from the current one. However, some portions of the previous project
were similar to the current one. Which of the following tools is the project manager likely to use -
✔✔Analogous duration estimating is used when there is limited information available about a project. This is
especially true in the early phases of a project. In such instances, a previous similar project is used as a basis
for estimating
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A project was randomly selected for a quality audit, and various issues and non-conformances were found by
the external auditor. The project manager lodged a complaint with the quality department that this was
improper procedure, and he should have been given notice since an external auditor was involved. What is
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your view? - ✔✔The project manager has no case. Quality audits may be scheduled or random and may be
conducted by internal or external auditors. It is the responsibility of the project manager and the project
management to ensure that the project documentation is kept up to date and available for any quality audit.
A Resource Breakdown Structure (RBS) is used to break down the project by type of resources. The RBS is an
example of a: - ✔✔Hierarchical chart
A senior project manager advises a first-time project manager that identifying risks is just one step. On a
continuing basis, new risks need to be identified, and existing risks need to be analyzed, tracked, and their
status reported. All this is done as part of what process? - ✔✔Identifying new risks and analyzing, tracking,
and monitoring existing project risks are done in the Monitor and Control Project Work phase. This phase also
makes sure that the status of the risks is properly reported, and appropriate risk response plans are executed
A software team tracing the root cause of an application failure can use this to help determine the cause(s) of
the failure: - ✔✔Ishikawa diagram
A statement of work (SOW) is a narrative description of the products or services to be delivered by the project.
It usually references all of the following except: - ✔✔The statement of work (SOW) does not usually reference
the business case. The business case may contain cost sensitive information that may not be made available
to a wider audience. Note that the business case also includes the business need
, A team member in your project is constantly providing incomplete deliverables and not performing well. What
should you do first? - ✔✔Discuss the issue with the team member in private
A technique that iterates the project schedule many times to calculate a distribution of possible project
completion dates is called: - ✔✔Monte Carlo Analysis is a technique that computes or iterates the project cost
or the project schedule many times, using input values selected at random from probability distributions of
possible costs or durations. In this way, one can calculate a distribution of possible total project costs or
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completion dates
All of the following are tools of the Control Schedule process except: - ✔✔Leads and lags, schedule
compression and modeling techniques are tools in the Control Schedule process. Parametric estimating is not
a tool of this process
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An employee, working as senior project coordinator, and a member of the PMI, has requested that
performance appraisals should be shared with the employees. This is in the best interest of transparency. He
also refers to the transparency clause of the PMI code of ethics. What must you do? - ✔✔Follow the
organizational human resource policies for employee reviews.
An estimating technique that uses a statistical relationship between historical data and other variables (such as
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square footage in construction or lines of code in software development) is known as: - ✔✔This technique is
known as Parametric Estimating. It can produce higher levels of accuracy, depending on the sophistication as
well as on the underlying resource quantity and cost data built into the model
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Andrew is managing a construction project. He is using his communication, interpersonal and management
skills to keep the key project stakeholders engaged with the project. Which of the following activities is NOT
related to the Manage Stakeholder Engagement process?
Correct - ✔✔Adjusting the stakeholder management strategy is an activity related to the Control Stakeholder
Management process. The other choices are the activities performed during the Manage Stakeholder
Engagement process.
As a project manager, you are responsible for determining and delivering the required levels of both grade and
quality. Select which of the following statements you DISAGREE with. - ✔✔Grade relates to the customer
requirements
As part of a strategy to handle negative risk, a project manager decided to adopt less complex processes,
conduct more tests and choose a more stable supplier. What strategy would this be classified as -
✔✔Mitigation
As part of Define Activities, you are looking at dependencies used to define the sequence among the activities.
Which of these is not a valid type of dependency? - ✔✔Linked dependency
As project manager, you find you are constantly dealing with conflict among your team members. Everyone
argues over sharing available project resources, so you plan to use a conflict resolution method to alleviate the
tension among team members. What conflict resolution method is not recognized by the Project Management
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