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

311.
Without considering all the implications, a project sponsor requires that the project team be composed of resources located in three locations in three different time zones. This is expected to save costs and provide the optimal project team. Where should this be reflected in the project charter?
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312.
The project manager observes that team members are accepting a number of changes to the deliverables with little attention to ensuring acceptable standards. When questioned, the team members reply that the changes are relatively minor. What part of the project management plan should the project manager review with the team?
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313.
A project manager is working on a new project to address gaps in a previously completed project. What should the project manager do first?
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314.
A project is initiated based on the approved scope. During implementation of the project design, a team member states that the product will not meet the requirements in a particular scenario. Fixing the issue will increase the scope and costs, and the project will miss the deadline. The project sponsors do not have additional funding to support the project. What should the project manager do?
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315.
During the planning phase of a project, the project manager learns that the financial director, a key stakeholder, will be unavailable for three weeks. What should the project manager do first?
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316.
A project needs resource support from a supplier because several team members have been transferred to another project. Concerns arise about the cost risk of using a supplier at this stage of the project. The project manager is working with the procurement team to establish specifications and the type of contract that should be used. What type of contract should the project manager recommend?
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317.
During a project's execution phase, 100 products were developed based on the originally approved blueprint. The project team randomly selects 20 products to evaluate against the quality plan. What is the project team performing?
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318.
A project manager is preparing the monthly project status report. Some new risks have been identified that could impact important key milestones. What should the project manager reference before presenting this new risk information?
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319.
A project risk budget was approved that only considered high-impact/high-potential risks. During project execution, a risk with high impact but very low potential occurs. While it is in the risk register, it is not in the budget. What should the project manager do first?
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320.
Signs of a potential economic recession were present during the planning stages of a large construction project. The risk of the recession was assigned as low probability and high impact, with an expected duration of 6-12 months. Soon after the project begins, the recession occurs and impacts the project as expected. After six months, the duration of the recession's impact is changed to 24-36 months. What should the project manager do?
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