PMP Questions ID 4178 you are the project manager for an upcoming outdoor concert event you re working on the procurem

You are the project manager for an upcoming outdoor concert event. You're working on the procurement management plan for the computer software program that will control the lighting and screen projections during the concert. You're comparing the cost of purchasing a software product to the cost of your company programmers writing a custom software program. You are engaged in which of the following?

Select one

Procurement planning

Make-or-buy analysis

Creating the procurement management plan

Using expert judgment

PMP Question No 4177 - All Domains

Which of the following are three characteristics of uncertainty according to the Agile Practice Guide (PMI®, 2017)?

Select three

Product ambiguity

Process expertise

Product specification

Production capability

Process suitability

Answer

PMP Question No 4176 - All Domains

All of the following statements are true regarding the RBS except for which one?

Select one

The RBS is contained in the risk management plan.

It describes risk categories, which are a systematic way to identify risks and provide a foundation for understanding for everyone involved on the project.

The lowest level of the RBS can be used as a prompt list, which is a tool and technique of the Identify Risks process.

The RBS is similar to the WBS in that the lowest levels of both are easily assigned to a responsible party or owner.

Answer

PMP Question No 4175 - All Domains

You are using a defined set of risk categories to determine both individual risks and overall project risks. You will also use PESTLE, a strategic analysis tool to assist in determining overall project risk. You are also using the lowest level of the RBS to help in constructing which of the following in order to identify risks?

Select one

Checklist

Prompt list

RCA

Decision tree analysis

Answer

PMP Question No 4174 - All Domains

Your project team has identified several potential risks on your current project that could have a significant impact if they occurred. The team examined the impact of the risks by keeping all the uncertain elements at their baseline values. Which of the following will the team use to display this information?

Select one

S curve

Tornado diagram

Influence diagram

Histogram

Answer