Project Management Professional (PMP) Exam Practice – Question0462

While working on a project, the project manager realizes that stakeholders delivery expectations differ from what was initially planned. What should the project manager have done to avoid this?


A.
Created acceptance criteria, an assumptions log, and requirements documentation.
B. Discussed expectations and possible changes with the project sponsor
C. Develop a requirements traceability matrix
D. Maintained a risk register for out-of-scope requirements

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question0460

During risk management planning meetings, the project manager realizes that there is a very broad spectrum of risks being identified. This has made it difficult to properly maintain the risk register.
What should the project manager do?


A.
Develop a risk breakdown structure (RBS) to help organize and classify identified risks.
B. Conduct a root cause analysis to allow for proper risk evaluation.
C. Generate a probability and impact matrix to calculate the relative probability of the identified risks.
D. Create a decision tree to calculate the expected monetary value of each risk.

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question0459

During a projects first planning meeting, the project team revised some requirements for parts and the manufacturers available for them. The team also revised delivery times and determined what parts could be made on site. After the meeting, the team created
a document to establish what, and how items should be procured from each vendor.

What document did the team create?


A.
Procurement statement of work (SOW)
B. Procurement management plan
C. Requirements management plan
D. Resource requirements

Correct Answer: B

Project Management Professional (PMP) Exam Practice – Question0458

A project manager joins a project during its initial planning phase. The project involves various local government institutions. While interviewing the project sponsor, the project manager learns of the importance of keeping the security officers of two of these
institutions satisfied, since project development will be affected without their involvement.

What should the project manager use to record and monitor this information?


A.
Responsibility assignment matrix (RAM)
B. Power/interest grid
C. Communication matrix
D. Risk register

Correct Answer: B

Project Management Professional (PMP) Exam Practice – Question0456

A project manager learns there are several unexpected issues in the projects execution. The customer is dissatisfied because the deliverables are taking longer than planned, the costs have increased, and the quality of deliverables is affected.
What process should the project manager have performed with greater emphasis during project planning?


A.
Plan Risk Management
B. Identify Risks
C. Monitor Risks
D. Plan Risk Responses

Correct Answer: D

Project Management Professional (PMP) Exam Practice – Question0455

In the late stages of project planning, a project manager develops a risk response plan with subject matter experts (SMEs) and project team members. The team identifies additional efforts required to mitigate the risk of poor quality in some deliverables.
What should the project manager do next?


A.
Update the project and quality management plans to reflect the added efforts.
B. Conduct a make-or-buy analysis to determine the best option.
C. Document the additional efforts in the organizational process assets.
D. Generate a change request for approval of the added costs associated with added efforts.

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question0454

A major stakeholder is replaced during the planning phase. The new stakeholder has a different view on the projects business needs and wants to immediately include these newly identified business requirements in the scope to avoid any delays.
What should the project manager do next?


A.
Update the project scope statement.
B. Conduct the Perform Integrated Change Control process
C. Update the project charter.
D. Perform project management plan updates.

Correct Answer: B

Project Management Professional (PMP) Exam Practice – Question0453

While preparing for a kick-off meeting, a project manager learns that some project activities were underestimated, which will cause delays and cost overruns. It is not possible to update project planning before the kick-off meeting.
What should the project manager do?


A.
Postpone the kick-off meeting, perform updates, and present realistic plans.
B. Reschedule the kick-off meeting and present the current plan with a commitment to review an updated plan with stakeholders.

C. Present the project management plan but add a risk reserve to address the estimation defect.
D. Document the schedule constraint in the issue log and present it during the kick-off meeting.

Correct Answer: C