PMP Questions ID 1028 project management is concerned with managing which type of project knowledge page 129

1281.

You work for Sergio’s, a golf equipment manufacturer. Your organization is installing some new manufacturing equipment, and you are managing the project. Some risk events have come to fruition on the project, and as a result, change requests have been submitted. You are in the Monitor Risks process and know that all of the following are true regarding this question except for which one?

Select one

Change requests may take the form of corrective actions in the Monitor Risks process, which is part of the Monitoring and Controlling process group.

Change requests will not take the form of preventive actions because you are in the Monitoring and Controlling process group and too far into the work of the project.

Change requests must be processed through the Perform Integrated Change Control process, which is also in the Monitoring and Controlling process group.

Change requests may take the form of workarounds in the Control Risks process, which is part of the Monitoring and Controlling process group.

1282.

Raw observations and measurements identified while carrying out activities associated with the project work describe what?

Select one

Work performance information

Work performance data

Work performance reports

Work performance analysis

Select one

Purchase order

Memorandum of understanding

Agreement

Procurement order

1284.

You work for Star Bank as a project manager. Your project is so large and risky that you’re not certain the organization should undertake it. You propose conducting a feasibility study, as its own project, to examine the benefits of the new proposed project. The feasibility study is approved and begun. Which of the following statements is not true regarding this project?

Select one

The Initiating processes acknowledge that the next project phase should begin. Costs are low in this process, while the risks are high.

The Initiating processes occur at the beginning of the project, when chances for a successful completion are high and the staffing levels are low.

The Initiating processes is where approval is granted to undertake the project and the organization’s resources are authorized to begin work.

The Initiating processes acknowledge that the next project phase should begin. The stakeholders have the most influence over the product or service of the project during this process.

1285.

Kaylee is a senior project manager for a fitness company that is developing a new franchise model. She has just led the team through various workshops to capture requirements. What activity is she likely to perform next?

Select one

Publish the requirements management plan

Define the scope of the project

Develop the work breakdown structure

Measure the completion of the requirements

Select one

Actions that restrict or dictate the actions of the project team

Factors expected to be in place or to be in evidence

An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more of the project’s objectives

An immediate and temporary response to an issue

1287.

Which of the following types of contract should a project manager choose when using a hybrid approach to manage the project?

Select one

Multitiered

Graduated time and materials

Master service agreement

Dynamic scope

Value driven

Select one

The need for planning

The likelihood of re-planning

The likelihood of change

The need for longer iterations

1289.

Your project sponsor has asked you for a forecast of the likely cost to complete the work of the project. Which of the following statements is true?

Select one

You’ll use the ETC calculation, which is part of the forecasting tool and technique of the Control Costs process.

You’ll use the EAC calculation, which is part of the forecasting tool and technique of the Control Costs process.

You’ll use the ETC calculation, which is part of the EVM tool and technique of the Control Costs process.

You’ll use the EAC calculation, which is part of the EVM tool and technique of the Control Costs process.

1290.

Quincy and Michael are two executives of Widgets for Life, a company providing the latest cool lifestyle gadgets. They have recently selected the next big project and have assigned you as the project manager. This activity is associated with what process group?

2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation