Project Management Professional (PMP) Exam Practice – Question0897

Which changes occur in risk and uncertainty as well as the cost of changes as the life cycle of a typical project progresses?


A.
Risk and uncertainty increase; the cost of changes increases.
B. Risk and uncertainty increase; the cost of changes decreases,
C. Risk and uncertainty decrease; the cost of changes increases.
D. Risk and uncertainty decrease; the cost of changes decreases.

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question0896

A new project manager is assigned midway through a project. After conducting a project performance review, the project manager discovers that a supplier is unable to finish the work. At this stage, switching suppliers will carry considerable risk, however, not
switching will result in cost increases and schedule delays.
What should the project manager do next?


A.
Analyze the impact and formulate a plan.
B. Identify a new supplier as a replacement in case the issue recurs.
C. Help the supplier to resolve the issue and finish the work.
D. Ask management and the procurement department to resolve the issue.

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question0895

A project manager notices that work started by the project team is misaligned with an industry regulation. The project manager recalls that this topic was previously discussed during a stakeholder meeting.
What should the project manager review?


A.
Organizational process assets
B. Work performance data
C. Issue log
D. Project management plan

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question0893

A project manager notices an unusually high rate of risks, but has limited resources to address them. To what should the project manager refer to determine risk priorities?


A.
Risk breakdown structure (RBS)
B. Risk probability and impact matrix
C. Risk management plan
D. Risk mitigation strategy

Correct Answer: D