Pmp exam prep 1 - Study guides, Class notes & Summaries

(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 proj...

CAPM and PMP Exam Prep 150 Free Practice Test Questions 2022

(1) Question ID: 1026 If a project has a 60 percent chance of a US $100,000 profit and a 40 percent chance of a US $100,000 loss, the expected monetary value (EMV) for the project is: A. $20,000 profit B. $60,000 loss C. $40,000 loss D. $100,000 profit The correct answer is A. Expected monetary value is calculated by EMV = probability × impact. We need to calculate both positive and negative values and then add them. 0.6 × $100,000 = $60,000 0.4 × ($100,000) = ($40,000) Expected...

(1) Question ID: 1026 If a project has a 60 percent chance of a US $100,000 profit and a 40 percent chance of a US $100,000 loss, the expected monetary value (EMV) for the project is: A. $20,000 profit B. $60,000 loss C. $40,000 loss D. $100,000 profit The correct answer is A. Expected monetary value is calculated by EMV = probability × impact. We need to calculate both positive and negative values and then add them. 0.6 × $100,000 = $60,000 0.4 × ($100,000) = ($40,000) Expected...

(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 proje...

PMP Rita Exam Prep Questions-1

PMP 2021 Certification Exam Prep Plan Schedule Management (Process 2) Project Schedule Management (KA) - ANSWER- What are the Outputs of the 'Define Scope'? - ANSWER-Process 4, Planning, Project Scope Management (KA) How many processes in Project Integration Management knowledge area? - ANSWER-Seven What are the seven processes of the Project Integration Management knowledge area? - ANSWER-1. Develop Project Charter 2. Develop Project Management Plan 3. Direct and Manage Project...

PMP 2024 Certification Exam Prep Questions and Answers Plan Schedule Management (Process 2) Project Schedule Management (KA) - Correct Answer️️ - What are the Outputs of the 'Define Scope'? - Correct Answer️️ -Process 4, Planning, Project Scope Management (KA) How many processes in Project Integration Management knowledge area? - Correct Answer️️ -Seven What are the seven processes of the Project Integration Management knowledge area? - Correct Answer️️ -1. Develop Pro...

PMP Certification Exam Prep. Exam Questions and answers. VERIFIED. What are the Outputs of the 'Define Scope'? - -Process 4, Planning, Project Scope Management (KA) How many processes in Project Integration Management knowledge area? - -Seven What are the seven processes of the Project Integration Management knowledge area? - -1. Develop Project Charter 2. Develop Project Management Plan 3. Direct and Manage Project Work 4. Manage Project Knowledge 5. Monitor and Control Project Wor...

PMP 2021 Certification Exam Prep correctly answered 2023Plan Schedule Management (Process 2) Project Schedule Management (KA) - correct answer What are the Outputs of the 'Define Scope'? - correct answer Process 4, Planning, Project Scope Management (KA) How many processes in Project Integration Management knowledge area? - correct answer Seven What are the seven processes of the Project Integration Management knowledge area? - correct answer 1. Develop Project Charter 2. Develop ...