PMP Questions ID 1028 project management is concerned with managing which type of project knowledge page 57

561.

Your project was kicked off more than two years ago. Your stakeholders are not as engaged as they once were on this project. There are only four months to go until the project is complete. Which of the following are true regarding this scenario?

Select one

Ask your stakeholders if the meetings and information they are receiving are useful or if there are other ways or different communication techniques that will help keep them informed and engaged.

All are correct

Use the Monitor Stakeholder Engagement process to ensure that your stakeholder relationships are in good standing and to encourage continued engagement in the project.

Use the Monitor Communications process to ensure that you are reporting information regarding the progress of the project and that the right information is delivered to the right people at the right time.

One result of both the Monitor Stakeholder Engagement process and the Monitor Communications process is to help stakeholders make informed decisions.

562.

You are in the Monitor Risks process and are reviewing the risk register and notice something strange. A risk that was designated as low-low in the Planning phase of the project has suddenly become a high risk. There is no response plan for this risk because of its original ranking. Which of the following should be the first action you take out of all the options listed?

Select one

You should inform the risk auditors what happened with this risk so they can include an evaluation in their next risk audit.

You should conduct testing and a product evaluation to determine whether the objectives will be met and whether variances were caused as part of this risk.

You should perform a reserve analysis to ensure there are enough reserves to cover this risk.

You should calculate a forecast to determine whether the future project performance will be impacted by this risk.

563.

You are the project manager for a top-secret software project for an agency of the U.S. government. Getting top-secret clearances for contractors takes quite a bit of time and waiting for clearances could jeopardize the implementation date. Your mission—should you choose to accept it—is to complete the project using internal resources. Your agile programmers are 80 percent of the way through the programming and testing when your agency appoints a new executive director. Your programmers are siphoned off this project to work on the executive director's hot new project before they finish this project. Which of the following are true regarding this question?

Select two

This project ended due to starvation.

You should perform the Validate Scope process which documents the level and degree of completion.

The DoD, such as describing the functionality, purpose, and how the functionality should be performed, helps determine if the functionality produced at the end of the iteration is ready for the customer to use.

The Validate Scope process documents the correctness of the work according to stakeholders' expectations and is not needed for an agile project.

564.

You are a contract project manager working with the State of Bliss. Your latest project involves rewriting the Department of Revenue's income tax system. As project manager, you have taken all the appropriate actions regarding confidentiality of data. One of the key stakeholders is a huge movie buff, and she has the power to promote you into a better position at the conclusion of this project. She's reviewing some report data that just happens to include confidential information regarding one of her favorite movie superstars. What is the most appropriate response?

Select one

Do nothing, because she has the proper level of access rights to the data and this information showed up unintentionally.

Request that she immediately return the information until you can confirm that she has the proper level of access rights to the data.

Report her to the management team.

Request that she immediately return the information, citing conflict of interest and violation of confidential company data.

565.

You are a project manager for Dakota Software Consulting Services. You're working with a major retailer that offers online and in retail stores. You're using a performance review to examine elements such as actual start and end dates for schedule activities. You also used SV and SPI calculations to determine the impact of schedule variations, which are more than the stakeholders will tolerate. Rumors have started and stakeholders have heard there might be a schedule delay. They've asked for a full report on the situation. Which of the following are true regarding this scenario?

Select two

You should ensure you know the facts about the schedule variances and how much the schedule might be delayed before reporting anything to the stakeholders.

You should act as quickly as possible to implement corrective actions so that the schedule is brought back in line with the plan and delays are reduced as far as possible.

Examine float variances because the activities with the least amount of float have the potential to cause the biggest schedule delays.

Delays to the critical path tasks may cause delays to the project completion date, so examine any variances in ascending order of critical path tasks.

566.

You are working on a project where the requirements and scope are well defined, but you know there will be changes when performing the work of the project. Your stakeholders will need to provide continuous feedback during the development stages of this project. Which of the following are true when determining the deliverables for the project?

Select three

You should use a predictive approach to manage this project. You will document a project scope statement because it describes how the team will define and develop the work breakdown structure.

You should use a hybrid approach for this project. Because the requirements and deliverables are well defined, you may choose to document a project scope statement that further elaborates the deliverables of the project and serves as a basis for future project decisions.

You should document the project scope statement so there is agreement between the project management team and the project customer and everyone knows what the work of the project will produce.

You may choose to document the project scope statement because it assesses the reliability of the project scope and describes the process for verifying and accepting completed deliverables.

You should use a hybrid approach for this project because the stakeholders would like to provide continuous feedback on the deliverables once the work of the project starts. User stories will be used to fulfill the deliverables of the project and will be pulled to the backlog.

567.

You are a project manager for Laredo Pioneer's Traveling Rodeo Show. You're heading up a small project to promote a new line of souvenirs to be sold at the shows. You've held the kickoff meeting and are ready to begin creating the project management plan. You know that a kickoff meeting is important for which of the following reasons?

Select three

It ensures that compliance and regulatory requirements are documented and discussed and will be included in the project scope statement.

It communicates the start of the project and informs stakeholders of the project objectives and the business value the project will bring about.

It ensures that a common understanding is established among stakeholders because the key milestones and key deliverables are identified.

It ensures that policies, procedures, and standards used in the organization have been considered and discussed.

It helps establish stakeholder engagement and commitment.

Select one

Organizational structures and hierarchy, culture, geographic locations, global trends, and locations of resources and facilities can impact stakeholder power, influence, and interest on the project.

Stakeholders often have conflicting interests and the project manager needs to understand the conflicts in order to resolve them and manage stakeholder expectations.

The Identify Stakeholder process should be repeated often throughout the project.

All of the above.

Stakeholders may have the power and influence to cause issues on the project. You'll need to identify and assess them so that you know their needs and can address issues early in a way that keeps the stakeholders engaged.

Select one

This describes what constitutes project success and how it will be measured.

This describes the conditions that must be met in order to close the project.

This is used in agile project management to determine if an iteration is successful.

This is determined by the project manager in the project charter.

Select one

The amount of time you can delay the earliest start of a task without delaying the ending of the project

The amount of time you can delay the start of a task without delaying the earliest start of a successor task

The amount of time you can delay the latest start of a task without delaying the ending of the project

The amount of time you can delay the start of a task without delaying the earliest finish of a successor task

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