PMP Questions ID 3127 you have used several cash flow methods to determine alternative ways of performing your current

You have used several cash flow methods to determine alternative ways of performing your current project. Which of the following do you know is true regarding the results of your cash flow analysis?

Select one

Payback period and discounted cash flows will generally give you the same accept/ reject decision.

Payback period and IRR will generally give you the same accept/reject decision.

NPV and IRR will generally give you the same accept/reject decision.

NPV and discounted cash flows will generally give you the same accept/reject decision.

PMP Question No 3125 - All Domains

Plan Schedule Management, Estimate Activity Durations, and Control Schedule are processes that belong to what project management Knowledge Area?

Select one

Project Time Management

Project Integration Management

Project Schedule Management

Project Resource Management

Answer

PMP Question No 3124 - All Domains

Your customer has decided that you cannot go forward with the project you’re managing without a change to the agreed-upon WBS. A contract amendment is agreed on and signed, the change control system processes are followed, and you modify the appropriate planning documents to reflect the change. As a result of the approved change, substantial updates to the project costs and the project schedule occur as well. Which of the following is not true regarding this situation?

Select one

Baselines must be adjusted to reflect the new project costs and schedule.

The PMB includes management reserves and contingencies.

The PMB is determined using EVM.

The schedule, scope, and cost baseline together make up the PMB.

Answer

PMP Question No 3123 - All Domains

Which process is concerned with effectively engaging stakeholders, understanding their needs and interests, understanding the good and bad things they bring to the project, and understanding how the project will affect them?

Select one

Control Stakeholder Engagement

Plan Stakeholder Engagement

Identify Stakeholders

Manage Stakeholder Engagement

Answer

PMP Question No 3122 - All Domains

A project manager is preparing to obtain the resources needed to perform the work of the project. What project document is the project manager likely to reference as a guide to both acquiring and managing the project resources?

Select one

Project management plan

Resource management plan

Staffing management plan

Resource requirements

Answer

New PMP Question & Answers with explanation