PMP Questions page 143

1421.

You’ve gathered cost estimates for the activities of your current project. Most of the activities can be completed with existing staff resources. The summary cost estimate for existing resources is $535,000. You will also need to hire contractors to perform some of the activities that require specialized skills. You’ve received a bid from a local vendor for $137,000 for these services. Which of the following statements are true?

Select two

You’ve determined a quantitative estimate of the cost to the organization to perform the activities of the project.

The cost of the vendor services to your organization is considered pricing (from the buyer’s perspective), which is a business decision on their part.

The procurement SOW can be prepared by either the buyer or the seller, and it should be as accurate as possible, as you will use this SOW in the contract award.

You should use purchase price as the sole criterion for choosing among vendors when you have multiple qualified sellers from which to choose.

Answer

PMP Question No 2874 - All Domains

1422.

During a company town hall, the sponsor of your project announced that a new highpriority project will be kicking off in the next quarter. This is distressing news since resources are at a premium. You kick into preventive measures and pull together subjectmatter experts to begin analyzing a way to compress the project schedule to complete the project prior to the next project launch. What activity are you and the subject-matter experts performing?

Select one

Agile development

Overlapping

Fast tracking

Iterative development

Answer

PMP Question No 2855 - Scope

1423.

You are the project manager for Ooh La Beauty Products. Your project concerns developing a new line of bath products. You also serve on the change control board, which has just approved a scope change. You know that which of the following statements are true?

Select three

Scope changes include modifications to the agreed-upon WBS.

Scope changes could result in schedule revisions.

Scope changes do not usually impact the project budget.

Scope changes should be reflected in the product scope.

Answer

PMP Question No 2836 - All Domains

1424.

A project manager is performing activities associated with the Plan Procurement Management process. He is attempting to determine, along with the relevant subjectmatter experts, whether it makes more sense to develop internally or purchase a deliverable. What tools or methods can he use to produce a successful outcome?

Select one

Market research

Advertising

Source selection analysis

Make-or-buy analysis

Answer

PMP Question No 2825 - All Domains

1425.

You are the director of the PMO for your organization. Terri, an employee from another department, has approached you about a new project that is being talked about in her department. Terri would like the opportunity to head up this project and wants to convince you of her knowledge of project management and that she can do this job. Terri’s objective statement for the project says the following: “Convert all our distribution centers in the United States to radio frequency identification (RFID) tags. This new technology will improve inventory management by giving us a real-time view of demand for the products we sell. It will also help reduce theft and reduce stock-outs. The electronic identification stored in the tags should be fixed. This new technology will require the installation of readers at each warehouse gate.” Which of the following statements are correct regarding Terri’s objective statement?

Select three

This statement describes an overview of the project, but it cannot be considered an objective statement because it’s missing some important elements.

Objectives describe what it is the project is trying to produce or accomplish, and requirements are specifications of the objective or deliverable.

This statement describes the objectives of the project adequately; however, requirements have been added into the statement.

Requirements have been mixed into the statement Terri wrote. One of the requirements in this statement is that “electronic identification stored in the tags should be fixed.”

Answer

PMP Question No 2824 - Scope

1426.

You are a project manager for Lightning Bolt Enterprises. Your new project involves the research and development of a new type of rechargeable battery. One of your stakeholders requests a change to the product scope description. The stakeholder has filled out a change request form indicating that the change affects the project scope and that it’s essential for a successful project. The change request is approved, and the project scope statement is updated to reflect this change. Which of the following statements are true?

Select three

The product scope description, which is also a component of the project charter, is used to define the project’s scope.

Change requests are evaluated against the project scope statement, and if a change request is outside the bounds of the original project scope, the change should be denied.

Product analysis converts the product description and objectives into deliverables and requirements.

The project scope statement directs the project team’s work and is the basis for future project decisions.

Answer

PMP Question No 2813 - All Domains

1427.

Your project has kicked off, and you are beginning a series of overview sessions with key users to determine requirements for a new enterprise resource software implementation. One of your stakeholders is exceptionally contentious and throws obstacles up at every turn. One of the problems she has described does seem to be legitimate. There is an issue with the data from the legacy system that needs to be resolved before moving forward. The PMO you report to practices phase sequencing and requires closure of each phase before the next phase can begin. What is this process called?

Select all right

Gate exit

Phase review

Phase exit

Stage review

Answer

PMP Question No 2802 - All Domains

1428.

Which of the following statements are true?

Select three

A highly predictive life cycle has reduced risk and costs due to detailed plans.

A highly predictive life cycle contains requirements that are ambiguous.

A highly adaptive life cycle has continuous involvement and frequent feedback from stakeholders.

A highly adaptive life cycle performs Initiating activities regularly throughout the project.

Answer

PMP Question No 2793 - All Domains

1429.

A project manager working under contract for an enterprise PMO contributes to the creation of a project management handbook as part of his assignment. At the conclusion of the project, he decides to sell and market the handbook under his consulting group’s brand, even though he was one of many contributors acting as agents of the organization. He reasoned that his contribution to the creation of the handbook afforded him this right. How are his actions likely to be viewed by the contracting organization?

Select one

As acting on his rights as a content contributor

As a violation of intellectual property

As a collaborator, given his contributions to the work

As operating against his agreement

Answer

PMP Question No 2792 - All Domains

1430.

One of your project’s deliverables requires skills in journalism. You have three resources working on the activities that need to be completed for this deliverable. One of the resources is beyond happy with her situation and tells you that she is finally in a project where she feels like she is performing at her peak potential. Which of the following statements best describes this situation?

Select one

This team member is describing the self-actualization level of Maslow’s Hierarchy of Needs.

Salary is not a motivator because her basic needs have been fulfilled.

This team member’s need has been fulfilled, and now, according to Maslow, the ability to advance, the opportunity to learn new things, and the challenges involved in the work become motivators.

The Expectancy Theory says that the importance of camaraderie with other team members is an important motivator.

Answer

2,934 New PMP Questions & Answers with explanation