New PMP Question & Answers with explanation
While visiting the country where a new branch office is being built, you are told you must pay a us $5,000 fee to the government permit officer to obtain the facility permit required by law to start construction. The construction company tells you this is standard practice and is required by law. If you don't pay the fee, the project could be delayed, which would cost your company money. You have not worked in the country before. You do not speak the official language of the country and are communicating in a shared third language. What should you do?
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Half way through project executing, a team member alerts you to a potential cost overrun for a specific deliverable. What do you do first
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A project has a team member assigned to the project full time. What is the most likely effect on the project if that resource completes her activity sooner than planned?
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You are a project manager working on a project that requires 100 items to be tested, spaced evenly over five weeks. You have just begun week three, with an overall budget of us $10,000. To date, you have spent us $2,000 with 40 items tested successfully. What does the cost variance (CV) tell you in this circumstance?
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You are working on the performance reporting for the project you are managing. Schedule performance is the top constraint. As you are gathering the data, you need information for the formulas that you will be reporting on. Which of the following represents the value of work actually completed
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