PMP Questions ID 1223 which of the following analytical techniques evaluates investment potential considering time valu

Select one

Discounted cash flow

Pareto analysis

Earned value management

Monte Carlo technique

The purpose of lessons learned is to bring together any insights gained during a project that can be usefully applied on future projects. When should a project manager ideally commence this activity?

Select one

At the start of project execution

During the project closure

At the start of project planning

From project kickoff meeting

Although it is highly recommended that lessons learned are captured and documented throughout the project lifecycle, lessons learned are finalized during project closure. At this stage, responses to high-level questions may be gathered and documented. Which of the following is not an appropriate question to ask at this stage?

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What were the top significant project successes?

How relevant the historic lessons learned were to this project during execution?

What obstacles or unanticipated circumstances made it difficult to complete the project?

What should have been done differently in this project?

The organization’s strategy provides a strategic direction and performance parameters for identifying, selecting, and delivering the right mix of projects. If it is determined that some of the CEO’s favorite projects do not fully align with the business objective, the PMO manager must:

Select one

Recommendation a realignment of the strategy

Terminate the project

Recommend a realignment of the project objectives

Honor the CEO’s desires and execute the project

Mary has just assigned Thomas as project manager of an upcoming railway construction project. She hands an approved project charter to Thomas. Once Thomas thoroughly reviews the project charter, what should he do next?

Select one

Review the charter once again since one thorough review is never enough

Kick-start the Develop Project Management Plan process

Add the project charter to the organizational lessons-learned archive

Distribute the charter to all key project stakeholders and ensure common understanding

New PMP Question & Answers with explanation