PMP Questions ID 1028 project management is concerned with managing which type of project knowledge page 193

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It can be a five-minute agenda item in a status review meeting.

It can be a professionally facilitated experience designed to improve interpersonal relationships.

The objective of team-building activities is to help team members work individually and effectively.

Informal communication and activities help in building trust and establishing good working relationships.

1922.

Lena is managing the construction of a new office facility for her company. The project is halfway through the execution. The project sponsor has asked Lena to ensure that all key project stakeholders are still committed to the project. How can Lena assess the stakeholders' current engagement levels?

Select one

By analyzing the most recent issue register

By reviewing the Stakeholders Engagement Assessment Matrix last updated during the planning phase of the project

By requesting the key stakeholders to submit a signed declaration of commitment

By communicating and interacting with the key stakeholders

Select one

Scope statement

Requirement document

Project charter

Risk management plan

1924.

A number of identified risks occurred early in a project. As a result, most of the project objectives ended up in jeopardy. The project manager decided to present a case to management that the project be closed down. This is an example of:

Select one

Risk Acceptance

Risk Mitigation

Risk Avoidance

Risk Transfer

1925.

20 percent of the work was completed in a project. At this stage, the project manager determined that the budget at completion (BAC) was no longer viable and developed a forecasted estimate at completion (EAC). What index can the project manager use to look at the calculated projection of cost performance that must be achieved on the remaining work?

Select one

Schedule Performance Index (SPI)

Cost Performance Index (CPI)

Cost Variance (CV)

To-Complete Performance Index (TCPI)

1926.

A project uses rounding of activity cost estimates data to the nearest $100, uses staff hours as the unit of measure for resources, and has a variance threshold of 10 percent deviation from the baseline plan. These approaches are typically documented in the:

Select one

Cost management plan

Scope Statement

WBS

Project charter

1927.

You are two days late on reporting the status for a project you are managing. The status report indicates that the project is lagging behind schedule. During the current week, you are confident of making up some of the lost time. How should you report project status?

Select one

Since the status report is already due, do nothing. Send out the status report next week when the project is back on track.

Send out a status report to all stakeholders indicating that the project is on track. Once this week goes by, things will be fine, and the status reports will be back to normal.

Since the status report is already two days overdue, you may communicate to stakeholders that you will send a consolidated status report next week. In this manner, you can avoid being untruthful or falsifying reports.

You should report project status exactly as it is. You may also mention that you expect to make up some of the lost ground but will truthfully represent current status.

1928.

Danny is working as a project manager for a company that provides outsourcing services to banks. Recently, he sent a proposal to a local bank in response to a bid for a data warehouse project for which his company lacks expertise. Although his company lacks expertise, it has had a good working relationship with the bank in all its other projects. Which of the following statements is correct considering the proposal Danny submitted?

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Danny has not violated the PMI Code of Ethics and Professional Conduct.

Danny has violated the company policy but not the PMI code

Danny has violated the procurement code but not the PMI code

Danny has violated the PMI Code of Ethics and Professional Conduct.

1929.

In a software development project, Debby, the project manager, completed development of a charter and identification of stakeholders. Debby has collected proprietary information from vendors during the planning process. What should Debby do when a functional manager from the same organization wants to see this information?

Select one

Deny the request as the manager is not part of the project

Accept the request as the manager belongs to the same organization

Deny the request to protect the confidentiality of the information

Accept the request but caution the manager to maintain confidentiality

1930.

You are responsible for developing high-level risks, assumptions, and constraints for your project. You meet with experts in your organization and document various risks in the project. However, in reviewing historical data from a previous project, you notice a significant additional risk to your project, one that no one else is aware of. What should you do to continue the project?

Select one

Do not document the risk since it is based on past data

Document it but make it a low-level risk

Document it and make it a high-level risk

Do not document the risk since nobody knows about it

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