New PMP Question & Answers with explanation
The owner of a consulting company initiates a project to expand the number of services the company provides. The company has a competitive advantage, outstanding expertise, and an excellent reputation. The executive team is concerned about the potential for negative business outcomes associated with adding new services. To evaluate the probability and impact of negative business outcomes, what should the project manager use?
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A project team member believes that a typhoon should be considered a high risk to the project. Another team member believes it is a low risk since the area has not experienced a typhoon in the last 20 years. What should the project manager do to address this?
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During a project progress meeting, a stakeholder informs the team that a previously identified technical issue has been resolved. However, the stakeholder warns that the same issue is likely to happen on other, similar projects. What should the project manager do first?
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A multinational company initiates a project to develop a human resource information system (HRIS) to centrally manage human resource and payroll processes. So far, the project manager has considered the regulatory framework of the project and reviewed historical data on the company's human resource practices. The project manager is worried about project risks. What should the project manager do?
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A risk is identified during a project that was not anticipated during planning. How should the project manager respond to the risk?
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