Project Management Professional (PMP) Exam Practice – Question0482

Currently, a project has a considerable list of risks that can significantly impact the project deliverables. What should the project manager do to prioritize the risks?


A.
Sort the risks according to their impact.
B. Perform a qualitative risk analysis.
C. Identify what risks have the highest probability.
D. Perform a quantitative risk analysis.

Correct Answer: B

Project Management Professional (PMP) Exam Practice – Question0481

A project manager develops a projects risk breakdown structure (RBS) divided into four categories. The team identifies a quality problem with one of the project deliverables.
In what category should this risk be included?


A.
Organizational
B. Project management
C. Technical
D. External

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question0480

A project manager identifies that a key project stakeholder has a tendency to escalate all issues to their superiors. This often results in tension with management.
What should the project manager do to mitigate this?


A.
Send a formal communication to the stakeholder requesting that they discontinue this practice.
B. Update the stakeholder engagement plan by marking this stakeholder as high risk.

C. Closely manage this stakeholder and inform the project board in advance of any possible escalations.
D. Identify another stakeholder for support.

Correct Answer: B

Project Management Professional (PMP) Exam Practice – Question0479

A procurement manager needs to determine what type of contract to use for a construction project using a new supplier. What type of contract incorporates the highest risk?


A.
Cost plus award fee (CPAF)
B. Cost plus incentive fee (CPIF)
C. Cost plus percentage of cost (CPPC)
D. Cost plus fixed fee (CPFF)

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question0478

A project manager joins a project that is involved with an industry in which they have little experience. An urgent issue is raised on the software development portion of the project.
From whom should the project manager request direction?


A.
Stakeholders
B. Project management office (PMO)
C. Development team
D. Internal subject matter experts (SMEs)

Correct Answer: D

Project Management Professional (PMP) Exam Practice – Question0477

A project manager must provide cost estimates to stakeholders. What should the project manager present to avoid unreasonable cuts in the budget that will undermine the project?


A.
High-level costs summarized by resource
B. Bottom-up costs as the basis for the estimate
C. Cost estimates as per historical data and other variables
D. Cost estimates using expert judgement

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question0476

A project has five finish-to-start (FS) activities.

Activity A takes one day
Activity B follows A and takes five days
Activity C follows B and takes two days.
Activity D follows B and A takes two days.
Activity E is preceded by C and D and takes two days.
What would be the critical path(s)?


A.
A-B-C-E and A-B-D-E
B. A-B-C-E and A-D-E

C. A-B-D-E
D. A-D-E and A-B-D-E

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question0475

During a project steering committee meeting, the project manager reports that a formerly supportive key team member has become resistant to and negative about changes. Where should this information be captured?


A.
Responsible, accountable, consult, and inform (RACI) matrix
B. Stakeholders engagement assessment matrix
C. Risk register and issue log
D. Work performance reports

Correct Answer: B

Project Management Professional (PMP) Exam Practice – Question0474

A project has a senior stakeholder whose input is important, and who needs to be kept informed about the projects status. Rather than receive updates from the project manager, this stakeholder prefers to contact a team member directly. The stakeholder has a
connection with this team member that is unrelated to the project, and thinks that this is a way to obtain inside information on the projects true status.

What should the project manager do?


A.
Ask the stakeholder how the additional information that they feel is missing from current communications may be provided.
B. Keep the team member properly informed about project status so that the stakeholder receives the same information from both sources.
C. Leave the connection in place, since the information coming via the team member is unofficial and will not create problems.
D. Tell the team member not to accept calls from the stakeholder, because these calls have an adverse effect on the team members productivity.

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question0473

A project manager joins a project that must comply with a countrys government regulations. The government is providing a six-month grace period before applying financial penalties. To implement this project, a small group of stakeholders will be involved, who
have the legal right to defend their interests and can cause a financial impact on the organization.

What should the project manager do?


A.
Conduct a probability and impact assessment.
B. Allow any issues to be handled by management.
C. Adjust the schedule to include time for handling objections.
D. Create the project management plan and wait to act until issues actually occur.

Correct Answer: A