767 New PMP Process Questions & Answers with explanation

731.
Which project management document provides the project manager with the authority to apply organizational resources to project activities?
Select one
732.
Analogous estimating is also known as what?
Select one
733.
You are the project manager for the Heart of Texas casual clothing company. It’s introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. Your legal department has recommended you use a contract that reimburses the seller’s allowable costs and includes a fixed fee upon completion of the contract. Which of the following contract types will you use?
Select one
734.
A project manager is preparing to lead a project status meeting. 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. What variance at completion (VAC) value will the project manager communicate to the sponsor?
Select one
735.
Ken is a product owner for a new product and is integrating smart technology into refrigerators. The latest project aimed to incorporate new features into the product. These features involved the use of facial technology to recognize members of the household as they walked by, displaying tailored recommendations on a panel within the refrigerator, such as favorite recipes or encouraging comments. Recently, Ken received the news that a competitor beat his company to market, and a window was missed. The project was cancelled. The competitor had recently showcased its technology in a key annual appliance conference, but Ken was not able to attend. What did Ken fail to do?
Select one
736.
The project manager facilitates the implementation of approved changes by following the documented change control process. Which of the following is a valid tool or technique to assist the project manager in performing this activity?
Select one
737.
A product manager meets with the team to apprise them of changes to how the upcoming project will be managed. She notes that the focus will now shift to producing deliverables through iterations and that iterative scheduling with a backlog will be used to account for the uncertainty in requirements. What is the value of this approach?
Select one
738.
Albert recently joined a rapidly growing technology startup company as a project manager. The approach to managing projects is different from the compliance-driven projects he is accustomed to managing in the past. He inherits a project that contains a great deal of uncertainty, with minimal requirements identified to date. To remedy this, he gathers the team and informs them that they will focus on nailing down the requirements before execution of work can continue. He is met with a high degree of resistance. What is the likely reason for this pushback from the team?
Select one
739.
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. While overseeing the project, Leticia notices that recent stakeholder engagement levels have dropped significantly, and they’ve begun to disagree during status meetings. What key input can she use to help her deal with the situation?
Select one
740.
Which of the following motivational theories states that the expectation of a positive outcome drives motivation?
Select one