PMP Questions ID 2591 during project implementation the marketing department informs the project manager that the prod

During project implementation, the marketing department informs the project manager that the product's market requirements have changed. These changes were not anticipated, may significantly influence potential sales numbers, and could impact project scope. What should the project manager do?

Select one

Plan to use the contingency reserve and update the risk mitigation plan.

Plan risk responses and update the risk register.

Apply forecasting methods.

Use earned value management (EVM) methods.

PMP Question No 2584

During the design process for a mining plant, the project team conducted a cost-benefit analysis based on current commodity prices. However, during project work, commodity prices fluctuate tremendously. This risk was identified, but the team did not expect such major fluctuations. Now, the project may be unviable. What should the project manager do?

Select one

Issue a change request to cover the increased costs.

Perform a financial analysis based on the updated information.

Work with the project team on a solution to make the project viable.

Immediately escalate the issue to management and the stakeholders.

Answer

PMP Question No 2582

Midway through a project, a key project team member requests two months leave for personal matters. What should the project manager do first?

Select one

Negotiate with the functional manager for a replacement.

Ask this key team member if the leave can be postponed.

Evaluate the impact on the project.

Review the resource management plan.

Answer

PMP Question No 2574

During project execution, a functional manager identifies a new internal risk about the outsourcing team. The functional manager asks the project manager for a fast solution that will not negatively impact the project. What should the project manager do?

Select one

Develop a risk breakdown structure (RBS).

Implement the risk strategy.

Assess the risk in terms of severity of impact.

Use the change management plan.

Answer

PMP Question No 2569

An experienced project manager resigns, and a new project manager joins the team. During the initial assessment of project documentation, the new project manager discovers that the risk register has not been updated for the past month. What should the project manager do first?

Select one

Consult the risk management plan to determine how often the risk register must be updated.

Hold a meeting to identify and prioritize risks so that the risk register can be updated.

Update the risk register and inform the team of the changes.

Meet with the project team to monitor risks, then update the risk register.

Answer

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