PMP Questions ID 2021 you are responsible for developing high level risks assumptions and constraints for your projec

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 nobody knows about it

Document it and make it a high-level risk

Document it but make it a low-level risk

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

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

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?

Select one

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.

You have recently started working as a project manager for a health insurance portal development project. The project sponsor tells you that due to the critical nature of the project, the work must start immediately and complete in two weeks. Based on the instructions, you have started documenting significant constraints and assumptions to perform the project feasibility study. What should you do if you can prepare only the high-level feasibility study in the given time frame?

Select one

Conduct the stakeholder meeting to evaluate other options

Refer this issue to the sponsor and explain the need for more detailed study

Submit the high level study and start making plans to prepare the charter

Submit the high level study and schedule a detailed study in the planning phase

You have recently started working as a project manager for a public school construction project. Your analysis shows that the cost estimate for the project seems to be unreasonable, and it could take at least 25 percent more funding to complete the project. What should you do if your sponsor wants to undertake the project with another project manager in case you refuse to accept it?

Select one

Conduct a customer focus meeting to explain the facts

Resign from the project and let the sponsor assign a new project manager

Submit detailed facts to the supervisor supporting your argument

Continue with the project and document the limited budget as a constraint

New PMP Question & Answers with explanation