PMP Questions process knowledge page 19

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Discounted cash flow analysis is the least precise of the cash flow techniques because it does not consider the time value of money.

NPV is the least precise of the cash flow analysis techniques because it assumes reinvestment at the discount rate.

Payback period is the least precise of the cash flow analysis techniques because it does not consider the time value of money.

IRR is the least precise of the cash flow analysis techniques because it assumes reinvestment at the cost of capital.

Select one

Deliverables quality analysis and written sign-off

Completion, review, and approval of deliverables

Deliverables review and written sign-off

Completion, quality analysis, and approval of deliverables

183.

After meeting with several subject-matter experts, the project manager determines that the project phases will need to occur one after the other. What project life cycle is the project manager using?

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Sequential

Overlapping

Iterative

Incremental

184.

The project processes are iterative, are results oriented, and interact with each other. Shewhart and Deming developed a concept that reflects this idea. Which of the following is the name of this cycle?

Select one

Plan-Do-Check-Act

Initiate-Requirements-Execute-Close

Select-Plan-Monitor-Act

Strategize-Justify-Choose-Execute-Control

185.

A sponsor meets with the project manager to better understand when the team will complete the project. The project manager notes that the team is completing an average of 40 story points per sprint, and as a result, they would complete the project within five iterations. She shows the sponsor a chart that reflects the projection and includes a date for each iteration. What chart is the project manager and sponsor reviewing?

Select one

Burndown chart

Burnup chart

Gantt chart

Velocity chart

Select one

Daily stand-ups are a critical component of planning.

Daily stand-ups last no more than 15 minutes.

Daily stand-ups are used to uncover problems.

Daily stand-ups are used to ensure work is progressing well.

187.

Using the estimates provided, calculate the beta distribution: most likely estimate (ML) = 72, optimistic estimate (O) = 55, pessimistic estimate (P) = 85. Round to one decimal point.

Select one

70.0

70.7

71.3

188.

You are a project manager working on manufacturing a new product. The operational process is very detailed. One of the components of the product must measure 1 centimeter by 1 centimeter. Reliability is measured using a machine that samples one part in every hundred to assure the measurements are correct. Which of the following does this question describe?

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This is statistical sampling, which is a tool and technique of the Control Quality process.

This describes a quality baseline, which is an output of the Plan Quality Management process.

This describes a quality audit, which is a tool and technique of the Plan Quality Management process.

This is a prevention cost, which is a tool and technique of the Plan Quality Management process.

189.

Sue leads a PMO that is in the process of shifting the organization from using predictive to more adaptive approaches to delivering project outcomes. During an Agile training session for her organization, a team member asks, “How many people are on a project team?” What response is Sue likely to provide?

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1–5.

3–9.

10–15.

There is no set number.

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-5 percent to + 10 percent

-50 percent to + 50 percent

-25 percent to + 75 percent

-10 percent to + 25 percent

767 New PMP Process Questions & Answers with explanation