PMP Questions ID 4097 you are using an agile project management methodology to deliver business value during each iter

You are using an agile project management methodology to deliver business value. During each iteration, you and the team members are breaking down tasks into tangible components that have enough features and functionality to allow the customer to examine value and provide feedback to the team. Which of the following are true regarding this question when using a Scrum methodology?

Select two

You are creating the minimum viable product.

The product owner will determine whether business value has been achieved.

The Scrum master will assist the team in breaking down the user stories and assign each team member tasks for the upcoming iteration.

The project team will manage and prioritize the product backlog and choose the user stories for the upcoming iteration that can be broken down to the minimum viable product.

PMP Question No 4096 - All Domains

Your project requires contract resources with specific subject matter expertise to deliver business value. All of the following are true except which one?

Select one

The business value network is made up of external resources such as contractors, subject matter experts, suppliers, and delivery services.

Members of the value network work together to bring about business value to their customer, their organization, the end-user customer, and stakeholders.

It is the project manager's responsibility to ensure that the contractor understands the business value the project was created to bring about.

The contractor is a member of the business value network.

Answer

PMP Question No 4095 - All Domains

How will you know that business value is being achieved?

Select one

By observing the work product

By asking the project sponsor

By measuring business value using KPIs

By requiring the project team to report on business value

Answer

PMP Question No 4094 - All Domains

You are using an agile approach to deliver business value incrementally. What other elements of business value should you be focused on?

Select two

Examining business value throughout the project

Reporting on business value only at the end of the project

Accepting suggestions about delivering incremental business value and ensuring that business value is achieved when the project is complete

Discussing business value with the project sponsor, recording it in the project charter, and expecting project team members and stakeholders to refer to this periodically

Answer

PMP Question No 4093 - All Domains

The VP of Human Resources has requested a new timekeeping project for their machine shop workers. The business value for this project is improving payroll accuracy. The workers are threatening a strike because of the antiquated system in place now. The current system has ancient time clocks that rarely work, causing the workers to revert to paper timecards. This creates multiple errors in overtime pay and shift differential pay. Which of the following is true regarding this scenario?

Select three

The project sponsor is the one responsible for delivering the business value of this project.

Urgency is objective and is defined by the project sponsor.

The urgency to deliver this project is the potential of an impending strike.

The goals of the project must be met within the time frame outlined in the project plan in order to realize business value.

The project manager should examine business value creation and compare this to the project management documents, such as the project charter, to ensure that the goals of the project are met and the business value is realized.

Answer