767 New PMP Process Questions & Answers with explanation

741.
Your customer has requested a specific color for the product your project is producing. This is an example of which of the following?
Select one
742.
A project manager is providing guidance to the project team on the steps required to generate the work breakdown structure (WBS). She lists the following: 1) identify the deliverables and work, 2) organize the WBS, 3) decompose the WBS components into lower-level components, and 4) assign identification codes. What is the fifth step?
Select one
743.
Contract phases are closely related to the Project Procurement Management Knowledge Area processes. Which of the following are true?
Select three
744.
You’ve gathered cost estimates for the activities of your current project. Most of the activities can be completed with existing staff resources. The summary cost estimate for existing resources is $535,000. You will also need to hire contractors to perform some of the activities that require specialized skills. You’ve received a bid from a local vendor for $137,000 for these services. Which of the following statements are true?
Select two
745.
During a company town hall, the sponsor of your project announced that a new highpriority project will be kicking off in the next quarter. This is distressing news since resources are at a premium. You kick into preventive measures and pull together subjectmatter experts to begin analyzing a way to compress the project schedule to complete the project prior to the next project launch. What activity are you and the subject-matter experts performing?
Select one
746.
You are the project manager for Ooh La Beauty Products. Your project concerns developing a new line of bath products. You also serve on the change control board, which has just approved a scope change. You know that which of the following statements are true?
Select three
747.
A project manager is performing activities associated with the Plan Procurement Management process. He is attempting to determine, along with the relevant subjectmatter experts, whether it makes more sense to develop internally or purchase a deliverable. What tools or methods can he use to produce a successful outcome?
Select one
748.
You are the director of the PMO for your organization. Terri, an employee from another department, has approached you about a new project that is being talked about in her department. Terri would like the opportunity to head up this project and wants to convince you of her knowledge of project management and that she can do this job. Terri’s objective statement for the project says the following: “Convert all our distribution centers in the United States to radio frequency identification (RFID) tags. This new technology will improve inventory management by giving us a real-time view of demand for the products we sell. It will also help reduce theft and reduce stock-outs. The electronic identification stored in the tags should be fixed. This new technology will require the installation of readers at each warehouse gate.” Which of the following statements are correct regarding Terri’s objective statement?
Select three
749.
You are a project manager for Lightning Bolt Enterprises. Your new project involves the research and development of a new type of rechargeable battery. One of your stakeholders requests a change to the product scope description. The stakeholder has filled out a change request form indicating that the change affects the project scope and that it’s essential for a successful project. The change request is approved, and the project scope statement is updated to reflect this change. Which of the following statements are true?
Select three
750.
Your project has kicked off, and you are beginning a series of overview sessions with key users to determine requirements for a new enterprise resource software implementation. One of your stakeholders is exceptionally contentious and throws obstacles up at every turn. One of the problems she has described does seem to be legitimate. There is an issue with the data from the legacy system that needs to be resolved before moving forward. The PMO you report to practices phase sequencing and requires closure of each phase before the next phase can begin. What is this process called?
Select all right