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New matching, multiple choices exam questions from domain, process, business environment and agile which align with the new 2021 exam contain outline

100 New PMP Business environment Questions & Answers with explanation

51.
Which of the following best describes PMI?
Select one
52.
You are a project manager for the information technology division of a local satellite TV broadcasting company. This spring, the chief information officer for your company gave you the job of converting and upgrading all the PCs in the department to the latest release of a specific desktop application. Prior to this conversion, all manner of desktop software existed on machines throughout the company and had caused increasing problems with sharing files and information across the company. A lot of unproductive hours were spent converting information into several formats. This project came about as a result of which of the following?
Select one
53.
What is the present value of $8,000 received three years from the present using a 7 percent interest rate? Assume all options are rounded to the nearest whole dollar.
Select one
54.
Which of the following are considered factors that influence the initiation of a project?
Select three
55.
You are a full-time project manager working within the customer operations organization, reporting to the VP of customer solutions. Your boss manages the project budget. Which organizational structure do you work in?
Select one
56.
You work in an organization that is considered to be a project-oriented organizational type. What is an advantage of working in this type of organization?
Select one
57.
Functional (centralized), matrix, and project-oriented are all types of which of the following?
Select one
58.
A project manager is updating a presentation slide with updates on a high visibility project for a monthly customer service review. The purchase order for hardware has not been placed yet because of multiple complications in the process, which will cause the schedule to slip by a minimum of two weeks. The project manager knows that the customer will be enraged. Hoping to not cause a scene, he omits this information in the presentation update, with a plan of crashing the schedule to make up for the slip. What core value has the project manager violated?
Select one
59.
Robert is a new executive hired to lead the marketing department of a telecommunications company. He sits down with his most senior project manager to review a project that he will now take sponsorship for. After discussing business value, he asks to review the requirements and how the requirements link to the project objectives. What document will the project manager share with Robert?
Select one
60.
Premature closure of a project phase that is managed using an Adaptive approach is likely to experience greater failure due to sunk costs versus a project managed using a Predictive approach.
Select one