767 New PMP Process Questions & Answers with explanation
131.
A project risk budget was approved that only considered high-impact/high-potential risks. During project execution, a risk with high impact but very low potential occurs. While it is in the risk register, it is not in the budget. What should the project manager do first?
Select one
132.
Signs of a potential economic recession were present during the planning stages of a large construction project. The risk of the recession was assigned as low probability and high impact, with an expected duration of 6-12 months. Soon after the project begins, the recession occurs and impacts the project as expected. After six months, the duration of the recession's impact is changed to 24-36 months. What should the project manager do?
Select one
133.
A project manager is leading a project that is running low on cash and for which project cost performance is taken very seriously. The approved project baseline schedule is 100 days, and the baseline budget is US$100,000. After 10 days, the project has spent US$20,000 and earned US$15,000 of work. What is the cost performance index (CPI)?
Select one
134.
Midway through a project, the project manager identifies new stakeholders whose influence levels are low. What should the project manager do?
Select one
135.
During the development stage of a project that involves handling sensitive client data, the compliance manager raises an issue of project non-compliance. What document should the project manager review first?
Select one
136.
A project manager needs to evaluate the effectiveness of corrective actions taken to address the project's approved change requests. What should the project manager use?
Select one
137.
A manufacturing company is implementing a project to produce a new product using new technology and processes. Details of the component work packages have been defined and constraints for each component have been identified. Management would like to obtain a precise cost estimate of the project. What estimating technique should the project manager use?
Select one
138.
During the final stages of a project, an issue with equipment provided by a subcontractor is identified. After conducting an impact analysis, what document should the project manager consult to determine how to address this issue?
Select one
139.
After sponsor approval of a project, the project manager invites the sponsor, selected team members, and other stakeholders to a meeting. The major purpose of the meeting is to develop a document that will guide the team in defining the primary project deliverables. What will be the final output of this meeting?
Select one
140.
A project manager assumes a project during its execution stage and wants to review the project scope for cost estimating purposes. The project manager discovers that some deliverables were missed in the work breakdown structure (WBS). What should the project manager do next?
Select one