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PMP Exam Prep Guide: Prep guide for the PMP Exam
PMI PMP Practice Test Questions, PMI PMP Exam Practice Test Questions
Project Management Professional (PMP) is a well-known certification provided by the Project Management Institute (PMI) for the practitioners who are seeking to validate their project management knowledge, experience, and skills to bring projects to their successful completion. This certificate is highly demanded and recognized by the companies all over the world that can give a significant push to your career.
PMP Exam Domains
The content of the PMI PMP exam includes five domains that cover all the five crucial stages of managing projects. These are listed below together with the percentage showing the weight of each topic:
- Executing (31%);
- Controlling and Monitoring (25%);
- Closing (7%).
- Planning (24%);
- Initiation (13%);
Achieving the PMP Certification is a significant milestone in a project manager's career. It demonstrates a commitment to excellence in project management and validates the knowledge and skills needed to lead successful projects. PMP Certification holders are in high demand and can expect to earn higher salaries than non-certified project managers. Additionally, PMP Certification holders have access to a global network of professionals, resources, and opportunities for career advancement.
NEW QUESTION # 91
Your project is considered very risky. You plan to perform numerous what-if scenarios on your schedule using simulation software that will define each schedule activity and calculate a range of possible durations for each activity. The simulation then will use the collected data from each activity to calculate a distribution curve (or range) for the possible outcomes of the total project.
Your planned approach is an example of which following technique?
- A. Monte Carlo analysis
- B. Concurrent engineering
- C. PERT
- D. Linear programming
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Simulation is a tool and technique for the develop schedule process by which multiple project durations with different sets of activity assumptions are calculated. Monte Carlo analysis is the most commonly used simulation technique.
NEW QUESTION # 92
You work for a telecommunications company, and when developing a project management plan for a new project, you found that you must tailor some company processes because the product is so different than those products typically produced by your company. To tailor these processes, you will follow______________.
- A. Standardized guidelines and work instructions
- B. Structure of your company
- C. Stakeholder risk tolerances
- D. Expert judgment
Answer: A
Explanation:
Section: Mix Questions
Explanation:
Standardized guidelines and work instructions are an organizational process asset to consider as the project management plan is developed. They include guidelines and criteria to tailor the organization's set of standard processes to satisfy the specific needs of the project.
NEW QUESTION # 93
Which is a technique often used for Quality assurance?
- A. Code review.
- B. Quality audit.
- C. Inspection.
- D. Scope verification.
Answer: B
NEW QUESTION # 94
Which of the following makes up the project scope baseline?
- A. The WBS, project scope statement, and WBS dictionary
- B. The scope management plan, the WBS, and the WBS dictionary
- C. The project scope statement
- D. The scope management plan and WBS
Answer: A
Explanation:
The scope baseline consists of the project scope statement, the WBS, and the WBS dictionary.
NEW QUESTION # 95
The project manager of a global franchise is assigned to deliver five stores in five different countries The stores are similar in scope, but the budgets will be managed independently in local currency. The team identifies currency fluctuation as a high-probability risk, which is recorded in the risk register. The team decides that the benefit of a favorable currency fluctuation in one country will be used to offset any unfavorable currency fluctuation in another country to preserve the overall program budget.
What should the project manager do?
- A. Issue a change request to modify the budget strategy and update the cost management plan.
- B. Determine the final currency impact on all projects' budgets and update the enterprise environmental factors.
- C. Modify the project charter to record the new budget baseline for all five projects
- D. Balance all budgets and eliminate the risk item from the risk register
Answer: A
NEW QUESTION # 96
The project manager has recently received funding approval for a training program for the entire project team but has not yet defined the most effective training course. One team member submitted a request for specialized training that is required for the project.
How should the project manager handle this request?
- A. Approve the request for the specialized training.
- B. Validate if the training is within scope and budget.
- C. Reject the request as it does not impact the project deliverables.
- D. Send this change request to the change control board (CCB) for approval.
Answer: B
Explanation:
The project manager should validate if the training request is within the scope and budget of the project before approving or rejecting it. The training request may be a valid requirement that was not identified during the planning process, or it may be a nice-to-have that is not necessary for the project success. The project manager should evaluate the benefits and costs of the training request and compare them with the project baseline. If the training request is within the scope and budget, the project manager can approve it. If the training request is outside the scope and budget, the project manager should send it to the change control board (CCB) for approval. The CCB is responsible for reviewing and approving change requests that affect the project baseline.
Rejecting the request without validation may result in missing a critical requirement or losing a valuable team member. Approving the request without validation may result in scope creep or budget overrun. References:
* PMBOKGuide, 6th Edition, Chapter 4, Section 4.5.6, "Change Requests"
* PMBOKGuide, 6th Edition, Chapter 5, Section 5.6.3.1, "Requirements Documentation Updates"
* PMBOKGuide, 6th Edition, Chapter 7, Section 7.4.3.1, "Cost Forecasts"
* PMBOKGuide, 6th Edition, Chapter 9, Section 9.3.3.1, "Resource Requirements Updates"
NEW QUESTION # 97
An organization is using a hybrid delivery approach for a business project. The product owner, the person who was also managing the project, was promoted to a more senior role. A new project lead has joined the project.
Which artifact should the project lead use to ensure that the project benefits have been identified?
- A. Statement of work (SOW)
- B. Business case
- C. Solution architecture
- D. Product backlog
Answer: B
NEW QUESTION # 98
Projects are supposed to succeed, not fail. However, termination is an option to consider when all but which one of the following conditions exist?
- A. The original purposes for the project have changed.
- B. There are new stakeholders.
- C. The customer's strategy has changed.
- D. Competition may make the project results obsolete.
Answer: B
Explanation:
Section: Mix Questions
Explanation:
As long as the new stakeholders agree with the project's business case, the work should continue.
However, if any of the other events occur, termination should be considered. Cleland and Ireland 2007,
365-375
NEW QUESTION # 99
Which of the following buffers protects the target finish date from slippage along the critical chain?
- A. Feeding buffer
- B. Duration buffer
- C. Project buffer
- D. Critical buffer
Answer: C
NEW QUESTION # 100
Perform Quality Control is accomplished by:
- A. Ensuring that the entire project team has been adequately trained in quality assurance processes.
- B. Monitoring and recording the results of executing the quality activities to assess performance and recommend necessary changes.
- C. Applying Monte Carlo, sampling, Pareto analysis, and benchmarking techniques to ensure conformance to quality standards.
- D. Identifying quality standards that are relevant to the project and determining how to satisfy them.
Answer: B
NEW QUESTION # 101
Most experienced project managers know that:
- A. project management techniques are risk free.
- B. there is no single way to manage a project.
- C. every project requires the use of all processes in the PMBOK Guide.
- D. there is only one way to manage projects successfully.
Answer: B
Explanation:
Section: Initiation
NEW QUESTION # 102
Your project has 15% probability of having a profit of $10,000, and a 20% probability of losing $15,000.
What is the expected monetary value of this situation?
- A. $1,200 loss
- B. $1,500 profit
- C. $1,500 loss
- D. $1,200 profit
Answer: C
NEW QUESTION # 103
Match the project situation on the left to the meeting on the right where the situation could occur.
Answer:
Explanation:
NEW QUESTION # 104
The marketing team is moving from predictive to hybrid approaches for their projects. The marketing director is not familiar with hybrid approaches and does not support the new direction. What should the project manager do?
- A. Advise the marketing director to receive formal training.
- B. Mentor the marketing director on the approaches.
- C. Ask the marketing team members to coach their director.
- D. Train the marketing team and keep their director informed.
Answer: B
NEW QUESTION # 105
Which of the following is an input to the Direct and Manage Project Execution process?
- A. Approved contract documentation
- B. Approved change requests
- C. Rejected change requests
- D. Work performance information
Answer: B
Explanation:
Section: Executing
NEW QUESTION # 106
Which of the following consists of the detailed project scope statement and its associated WBS and WBS dictionary?
- A. Product scope
- B. Scope plan
- C. Scope baseline
- D. Scope management plan
Answer: C
NEW QUESTION # 107
Which of the following is developed from the project scope baseline and defines only that portion of the project scope that is to be included within a related contract?
- A. Product scope description
- B. Procurement statement of work
- C. Project schedule
- D. Work breakdown structure (WBS)
Answer: B
Explanation:
Section: Executing
NEW QUESTION # 108
The following is a network diagram for a project.
How many possible paths are identified for this project?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 109
One of the objectives of a quality audit is to:
- A. identify all of the gaps or shortcomings.
- B. offer assistance with non-value-added activities.
- C. highlight the need for root cause analysis.
- D. share the process documentation among stakeholders.
Answer: A
NEW QUESTION # 110
A project manager is initiating a project to create a new service that has never been done before in their organization. The project manager is trying to determine what resources are required for their project team but is receiving conflicting resource requirements from the team, sponsor, and key stakeholders.
What should the project manager do next?
- A. Identify the resources that are agreed upon to initiate the project and request additional resources later.
- B. Evaluate the resource options and propose alternatives to the project team for their approval.
- C. Determine if there is a subject matter expert (SME) who has expertise in the new service to assist with resource requirements.
- D. Evaluate and prioritize the resource requests from the project's key stakeholders.
Answer: C
NEW QUESTION # 111
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