175 New PMP Business environment Questions & Answers with explanation
81.
You have received proposals in response to your recent RFP. The following types of information were used by your evaluation team to rate the vendors: availability, experience, and training. Experience was given the most weight, 5. Availability was assigned a weight of 3, and training was assigned a weight of 2. Vendor A scored the following: availability as 4, experience as 2, and training as 2. Vendor B scored the following: availability as 3, experience as 4, and training as 4. Which vendor won the bid, and what was the final score?
Select one
82.
Which of the following types of contract should a project manager choose when using a hybrid approach to manage the project?
Select one
83.
Your project selection committee is considering four projects. Project A’s NPV is positive, it has an IRR of 14 percent, and the payback period is 21 months. Project B’s NPV is negative, it has an IRR of 9 percent, and the payback period is 16 months. Project C’s NPV is positive, it has an IRR of 16 percent, and the payback period is 18 months. Project D’s NPV is negative, it has an IRR of 16 percent, and the payback period is 13 months. Which project should you choose?
Select one
84.
When joining a new organization, what must a new project manager do to be effective?
Select one
85.
Robert is a new executive hired to lead the marketing department of a telecommunications company. He recently met with his project management team to review the project portfolio. Next, he sets his sights on better understanding the governance framework in place. Governance is considered to be which of the following?
Select one
86.
Which of the following is a valid tool or technique that aids the project manager, or other assigned organizational resource, in developing the project charter?
Select one
87.
A project manager is in the process of measuring the extent to which the project is compliant with regulatory standards by conducting an audit. What activity are they performing?
Select one
88.
Which of the following best describes honesty as a value that project management practitioners should abide by?
Select one
89.
As part of performing administrative closure activities, a project manager creates false responses to a stakeholder satisfaction survey. He reasons that he has received highly positive feedback throughout the entire project and didn’t want to be a bother to his stakeholders after they worked so hard to successfully finish the project. The project manager’s actions violated which core value addressed within the Code of Ethics and Professional Conduct?
Select one
90.
Projects may come about as a result of which of the following?
Select one