767 New PMP Process Questions & Answers with explanation

391.
Tony is the CEO of a new startup company called Power Cloud Stock Trading Online. In his excitement to make the company public, he has launched a project that will potentially increase the revenue of the business by 496 percent. Grant, who is the project manager of this project, performs an analysis of the stakeholders identified to date, using an influence/ impact grid. He assesses Tony as having a high level of influence and a high level of impact. What type of strategy is Grant likely to choose in managing Tony’s expectations throughout the project?
Select one
392.
At the end of each quarter, the PMO of the Big Bang Software Development Company performs a review that focuses on measuring the project team’s effectiveness. This type of activity can best be described as:
Select one
393.
Richard, the project manager, has a difficult time with Rob, who is the department manager of Information Systems, when it comes to dealing with risk. Rob does everything possible to avoid risk, even if it means negatively impacting the project. What type of risk attitude does Rob have?
Select one
394.
As a proactive approach to dealing with a recent issue, the project team has been asked to determine all the possible causes of the issue. Which of the following tools would be the best choice for the project team to use?
Select one
395.
Rosco Enterprises is currently working on a large commercial fencing project that will construct a custom-built fence around a 10,000-square-foot property. To deliver by the committed date, the company will need to hire a subcontractor to produce the custom maple wood post endcaps. So far, the procurement statement of work has been clearly outlined, as well as the delivery date for the end caps. Based on the information provided, what type of contract will Rosco Enterprises likely use for the work carried out by the subcontractor?
Select one
396.
The net quantifiable benefit derived from a business endeavor is described by what?
Select one
397.
Which of the following statements best describes mitigation of a risk?
Select one
398.
The 100 percent rule signifies that:
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399.
After conducting a lessons learned session at the end of each project phase, the project manager is responsible for collecting feedback from the team and creating a process improvement plan. The process improvement plan contains all of the following except for which one?
Select one
400.
Giving customers extras, such as adding in functionality or increasing performance not included in the project scope, is known as:
Select one