PMP Questions ID 1061 a good project manager always gathers and documents lessons learned throughout the project lifecy

A good project manager always gathers and documents lessons learned throughout the project lifecycle rather than delaying the effort until the project closure. Which of the following is not a risk associated with postponing the lessons-learned gathering effort until the very end of the project?

Select one

The project manager has fewer resources available.

The effort might seem boring and non-value-adding.

The project’s earned value decreases.

Not all lessons learned might get captured.

Select one

“Develop Project Charter” and “Close Project or Phase”

“Develop Project Charter” and “Develop Project Management Plan”

“Develop Project Management Plan” and “Direct and Manage Project Work”

“Direct and Manage Project Work” and “Monitor and Control Project Work”

Jane is currently reviewing a list of project proposals. All the proposed projects achieve some of the organizational strategic objectives and their expected costs are known. However, Jane cannot execute all the projects due to the funding limitation. How shall Jane determine which projects she needs to execute this year?

Select one

Select the high-budget projects and drop the low-budget projects

Select the low-budget projects and drop the high-budget projects

Select the projects that maximize organizational revenue

Select the projects that maximize the business value

A business is considering more than a dozen infrastructure upgrade projects. These projects, once delivered, will add to the organization’s overall performance but will not contribute to any of the revenue streams. Prior to initiating any such project, the value of the project to the organization must be determined. Which of the following is the most important factor to consider in such a scenario?

Select one

Net Present Value (NPV) of the projects

Internal Rate of Return (IRR) of the projects

Alignment with the strategic goals

Investment requirement

If an investment in a project returns 15 percent annually, how much should you invest to get $5 million by the end of the fifth year?

New PMP Question & Answers with explanation