PMP Questions ID 3270 which of the following best describes the role of a product owner within an agile team

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Individuals who possess the skills necessary to produce a working product

The individual responsible for guiding the direction of the product

The individual with decision-making authority who authorizes and releases team member assignments

The individual who guides and coaches the team, sometimes referred to as Scrum master, project manager, or team coach

A project manager of a large manufacturing company is working on a new system that will reduce the bolt manufacturing process by 30 seconds, saving the company 2 percent in annual operating costs. This project will touch all departments and engage senior leadership. The project manager knows stakeholder engagement will be critical to success and spends time developing a strategy for engaging stakeholders. In what activity is the project manager involved?

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Developing the communications management plan

Developing the stakeholder register

Developing the stakeholder engagement plan

Developing the project management plan

Matching

Levels of Stakeholder Engagement
Name		Description

Unaware		Stakeholders are not supportive of the project and may actively resist engaging.
Resistant		Stakeholders have positive expectations of the project and are supportive and engaged.
Neutral		Stakeholders are neutral, neither supporting nor resisting the project, and may be minimally engaged.
Supportive		Stakeholders are actively engaged in the project and helping to ensure its success.
Leading		Stakeholders are not engaged in the project.

Contract phases are closely related to the Project Procurement Management Knowledge Area processes. All of the following are true except for which one?

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The requirement stage, which establishes the project and contract needs, is related to the Plan Procurement Management process.

The requisition stage, where responses to procurement documents are reviewed, is related to the Conduct Procurements process.

The award stage, where the contract is awarded, is related to the Conduct Procurements process.

Two of the outputs of the Plan Procurement Management process are inputs to the Conduct Procurements process.

Which contract type can incorporate incentives for meeting or exceeding certain contract deliverables above a firm price for the goods or services rendered?

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Cost-reimbursable contract

Time and materials contract

Fixed-price contract

Cost plus contract

New PMP Question & Answers with explanation