2,934 New PMP Questions & Answers with explanation
421.
Leticia is a project manager working for Dancing Apron, a company that combines cooking with simple children’s cooking recipes and music. Her latest project involves the release of the company’s first digital product that parents will be able to purchase and download online. Kip, who is the sponsor of the project, asks her to calculate the EAC assuming that the work will be accomplished at the planned rate. Leticia knows that they have spent $15,000 to date of the $20,000 budgeted and that the earned value of the project has already been calculated at $18,000. What is the EAC that she will communicate to Kip?
Select one
422.
Reasons to Lyv is the top customer of a large marketing firm. Trudy is the president of Reasons to Lyv and has decided to launch a product that leverages new GPS tracking technology. She sits down with Roy, the project manager on the project, to review and evaluate whether a sufficient amount of funds remains to address known risks. What activity are they performing?
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423.
The project sponsor emails the project manager urgently requesting the latest measurement of cumulative work performed, expressed in terms of the approved budget. The sponsor notes that they must have this information by end of day to prepare for a critical meeting the next morning. What information is the sponsor looking for?
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424.
Projects that combine elements of different life cycles to achieve a specific goal are said to use what type of project life cycle?
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425.
The project team recently participated in a working session to determine the costs associated with individual activities. To produce a more accurate estimate, they broke each activity down further into smaller chunks. What will this activity yield?
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426.
You are working on the risk management plan for your current project and need to document how the risk activities will be recorded for the benefit of future projects. Which part of the risk management plan addresses these issues?
Select one
427.
You work for a company that writes billing software programs for the communication industry. Your customer is located in a country that limits the number of foreigners allowed into the country. You identify this risk in your risk management plan. The critical point during the project is installation and setup. You might do which of the following, given these circumstances?
Select one
428.
Sue leads a PMO that is in the process of shifting the organization from using predictive to more adaptive approaches to delivering project outcomes. While coaching one of her project managers on Agile practices, she explains that Agile teams focus on rapid product development. What reason is Sue likely to provide for carrying out this approach?
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429.
If earned value = 500, planned value = 700, and actual costs = 450, what is the cost variance?
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430.
Which of the following methods should you use when you want to improve your estimates and account for risk and estimation uncertainty?
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