767 New PMP Process Questions & Answers with explanation
251.
You are the project manager for an outdoor concert event scheduled for one year from today. You’re working on the procurement documents for the computer software program that will control the lighting and screen projections during the concert. You’ve decided to contract with a professional services company that specializes in writing custom software programs. You want to minimize the risk to the organization and want a well-defined set of deliverables for a set price. You have agreed to pay the vendor a bonus if they complete the program at least 30 days earlier than scheduled, so you’ll opt for which contract type?
Select one
252.
Status review meetings are an important tool for informing stakeholders (and others) of the status of the project. All of the following are true regarding status review meetings except for which one?
Select one
253.
All of the following processes belong to the Project Integration Management Knowledge Area except for which one?
Select one
254.
A project manager facilitates a meeting to provide updated information regarding the progress of the project. What type of meeting is this?
Select one
255.
A project manager has structured his project in a way that will allow for the planning of the project to occur during the early phases of the life cycle, with minimal changes thereafter. This approach is associated with which development life cycle?
Select one
256.
While carrying out the Monitor and Control Project Work process, a project manager analyzes performance data to determine whether any corrective or preventive action is needed. Which of the following is a valid input that can assist the project manager in performing this activity?
Select one
257.
A project manager is preparing to lead a project status meeting later that afternoon. The project is currently 75 percent complete and is reaching the most critical point. Since the project sponsor is planning on attending the meeting, the project manager decides to update the earned value calculations to present the latest performance updates in terms that the sponsor will want to see. The budget at completion (BAC) is set at $550,000, and the current estimate at completion (EAC) is at $525,000. How is the project performing in terms of the budget?
Select one
258.
While performing activities associated with controlling project and product scope, a project manager uncovers scope creep. What is scope creep?
Select one
259.
You are using the critical chain method to construct your schedule, and there are variances in your critical path tasks. Which of the following is true?
Select one
260.
You are the project manager for a project that will produce a mobile phone application that sends alerts when UV rays are at dangerous levels, alerting users to stay indoors. You are in the process of managing the schedule and use a chart to track the work that remains to be completed within the iteration backlog. What is this chart called?
Select one