PMP Questions ID 1028 project management is concerned with managing which type of project knowledge page 163

1621.

A project is underway to construct a 50 story office building. With construction nearly complete, a government inspector has issued a stop order because one of the cranes failed inspection. The schedule reserves are inadequate to cover the resulting delay from the unavailability of the key resource. What should the project manager do next?

Select one

Submit a change request to update the cost baseline

Terminate the project since the project objectives cannot be met

Update the resource management plan

Submit a change request to update the schedule baseline

1622.

A project manager has just learned that the customer is not showing up to requirements meetings saying they have other more important tasks. Since this behavior has already been identified as a risk earlier in the project, the project manager escalates the issue to the stakeholder who is the risk owner responsible for communicating with the customer in such situations. The stakeholder is shocked to find out she is the assigned risk owner. What most likely went wrong?

Select one

The stakeholder register had the wrong risk owner

The project manager did not follow the risk management plan

The stakeholder has not read the risk register

The project manager did not notify the stakeholder that they were the risk owner

1623.

With a parking garage construction project underway, you are currently creating the risk management plan. In support of this process, you need to determine the acceptable level of overall project risk exposure. What should you do first?

Select one

Consult the risk exposure register within the organizational process assets

Facilitate a brainstorming meeting to develop a comprehensive list of project risks

Develop a set of responses to individual project risks to mitigate overall project risk

Determine the risk appetites of key project stakeholders

1624.

A project team performs monthly risk audits for a project in which a large number of identified risks have been realized. So far, the risk responses have been appropriate, and reserves are sufficient. An executive for the requesting organization chides the project manager for doing risk audits improperly, stating that like all audits, outside independent resources need to perform risk audits. How should the project manager respond?

Select one

Explain that if the current risk audits are not sufficient, then a comprehensive project audit should be carried out

Explain that risk audits can be performed either internally or externally as long as they follow the project management plan

Agree with the executive and submit a change request to update the project management plan to have the audits conducted externally

Follow the guidance provided by the executive and hire a team of external auditors to conduct the risk audits going forward

1625.

Your boss is giving you a rough outline of the scope, constraints, and risks involved in a prospective client's project. The project is highly similar to another project you are currently closing. The sponsor wants to know how long this project would take your team to complete. You think your team may need two months, but what should your answer be?

Select one

"Let me run some numbers in a simulation, and get back to you tomorrow."

"Give us two months. We will knock it out just like the project that we are closing now."

"If it truly resembles this project we are closing, it could be six to ten weeks."

"Considering the uncertainty in scope, I estimate three months."

1626.

You are part of a cross-functional organizational development team, piloting an adaptive approach to project management in an organization that has traditionally used a predictive approach. You realize that you have to tailor the template of the schedule management plan. Which of the following components of the template are you likely to tailor the most?

Select one

The rules of performance measurement, the summary milestones, and the key deliverables

The organizational procedures links, the units of measure, and the project organization charts

The project schedule model maintenance, the level of accuracy, and the level of precision

The schedule model development, the release and iteration length, and the reporting formats

1627.

You are leading a project to develop a new web application. Together with your project team you reprioritize the product backlog, determine velocity for the past iterations, and adapt your work plans accordingly. Additionally, you facilitate retrospectives every two weeks. Which of the following processes describes the work you are performing?

Select one

Control Schedule

Manage Quality

Develop Schedule

Monitor Risks

1628.

During a bidder conference, a supplier asks why a section is missing from the request for quotation (RFQ). The project manager, realizing that an aspect of the project is indeed missing, becomes flustered and stumbles through a brief reply. When the seller responses were received, all but three fail to address the missing section. What is the best course of action?

Select one

Hold the bidder conference again, and explain the importance of the point that was initially missed

Select from the three vendors that submitted complete proposals

Extend the deadline and allow all of the vendors to resubmit their proposals

Send a revised RFQ to all prospective suppliers and allow them the opportunity to resubmit their proposals

1629.

You are leading a project to construct a new runway at an existing commercial airport. After completion of the project, the residents under the flight path of the new runway are making noise complaints and want the airport to compensate them for the diminished values of their homes. What might you have missed earlier in the project?

Select one

Including in the stakeholder register those with a contribution stake in the project

A thorough review of the agreements prior to the development of the stakeholder register

The inclusion of the affected homeowners in the project charter

Stakeholder analysis including consideration for those with an interest stake in the project

1630.

As a project manager, you are leading a software development project where the developers are colocated within rented office space. Writing the code is taking longer than anticipated, and you have contacted the office facility to ensure the office will be available for another week. Unfortunately, the office is already booked, so you need to find another solution. After capturing the problem in the project documents, what should you do next?

Select one

Record the issue in the issue log

Revise the resource management plan

Update the schedule baseline

Request additional funds

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