PMP Questions ID 2890 you work for a company that writes billing software programs for the communication industry your

You work for a company that writes billing software programs for the communication industry. Your customer is located in a country that limits the number of foreigners allowed into the country. You identify this risk in your risk management plan. The critical point during the project is installation and setup. You might do which of the following, given these circumstances?

Select one

Develop a shared response strategy

Use sensitivity analysis to determine the causal influences of these risks and the time ordering of the events

Develop a mitigation plan for installation and setup

Develop a cause-and-effect diagram that identifies the risk and shows the cost effect of each choice on the objectives of the project

PMP Question No 2889 - All Domains

Sue leads a PMO that is in the process of shifting the organization from using predictive to more adaptive approaches to delivering project outcomes. While coaching one of her project managers on Agile practices, she explains that Agile teams focus on rapid product development. What reason is Sue likely to provide for carrying out this approach?

Select one

Rapid product development allows for a reduced amount of change.

Rapid product development allows for globalization of the project team.

Rapid product development allows for early project completion.

Rapid product development allows the team to obtain feedback.

Answer

PMP Question No 2888 - All Domains

If earned value = 500, planned value = 700, and actual costs = 450, what is the cost variance?

Select one

–200

200

–50

Answer

PMP Question No 2887 - All Domains

Which of the following methods should you use when you want to improve your estimates and account for risk and estimation uncertainty?

Select one

Analogous estimating

Three-point estimating

Bottom-up estimating

Expert judgment

Answer

PMP Question No 2886 - All Domains

Which of the following best describes individual project risk?

Select one

An uncertain event or condition that, if it occurs, has a negative effect on one or more project objectives

An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives

The effect of uncertainty on the project as a whole, arising from all sources of uncertainty

The effect of uncertainty on a project objective, arising from all sources of uncertainty

Answer