PMP Project Management Professional Exam Review Guide 1st Edition Kim Heldman, Vanina Mangano - Solutions

Discover comprehensive solutions and step-by-step answers for the PMP Project Management Professional Exam Review Guide, 1st Edition by Kim Heldman and Vanina Mangano. Access the complete answers key and solutions manual with solved problems and test bank resources. Our online platform features a detailed instructor manual and chapter solutions, ensuring every question and answer is covered. Whether you're seeking solutions in a convenient PDF format or looking for a free download of the textbook's chapter solutions, we've got you covered. Enhance your study with our expertly curated questions and answers, tailored to support PMP exam success.

You ’ re working on a project to develop a client - server application. Your company ’ s collections department will equip their field personnel with wireless tablet PCs that will connect with the server and database. The manager of the collections department brought the request forward. You
Jack is a stakeholder on the project. He ’ s quite enamored with the project and serves to provide enthusiasm, critiques, energy, communication, and motivation for your project.What is Jack ’ s role?A. Project sponsor B. Project champion C. Project team member D. Business analyst
You receive a confusing request from the marketing department to develop a new billing system. What is the first step you should take?A. You meet with the marketing person to identify and clarify the request.B. You write the project charter.C. You submit a request to the project selection
Which of the following is true concerning the project charter?A. Describes the project schedule B. Contains cost estimates for each task C. Authorizes the start of the project work D. Lists the responsibilities of the project selection committee
This process is where the work of the project is performed.A. Planning B. Monitoring and Controlling C. Initiating D. Executing
Which three of the following options are process groups in the project management process groups?A. Risk B. Initiating C. Monitoring and Controlling D. Procurement E. Scope F. Planning
Which stakeholder assigns employees to the project?A. Project manager B. Functional manager C. Customer D. Sponsor
Which of the following is not a component of a high - level requirements document or product description?A. Historical data B. Problem statement C. Technical requirements D. Testing scenarios
A primary role of the project manager includes informing this person of changes, status, conflicts, and issues on the project.A. The project requestor B. The project sponsor C. The project champion D. The most influential project stakeholder
Beginning one phase of a project before another has finished is an example of what?A. Sequencing B. Compression C. Fast tracking D. Constricting
This person is responsible for authorizing the project to begin and signing the project charter.A. Project sponsor B. Executive in the organization who requested the project C. Project champion D. Project manager
The Initiating process includes which task?A. Assigning work to project team members B. Sequencing project activities C. Approving a project and authorizing work to begin D. Coordinating resources to complete the project work
Which two elements should always be included in a business case analysis? Choose two.A. Feasibility study B. Project selection methodology C. Alignment to the strategic plan D. Justification E. Cash flow techniques to determine financial viability .
The executives in your organization typically choose which projects to perform first by reviewing the business case and then determining, based on their experience with similar projects, which will likely perform well and which will not. What form of project selection method is this?A. Business
Your project has expected cash inflows of $7.8 million in today ’ s dollars. The project ’ s initial investment is $9.2 million. Which of the following is true?A. The discounted cash flows are lower than the initial investment, so this project should be rejected.B. The discounted cash flows are
Which of the following are reasons for bringing about a project? Choose three.A. Feasibility study B. Market demand C. Business case justification D. Strategic opportunity E. Stakeholder needs F. Social needs
What is one disadvantage of a project - based organization?A. The organization doesn ’ t work on anything that isn ’ t project-related.B. Costs are high because specialized skills are required to complete projects in this type of structure.C. The functional managers have control over which team
You ’ re a project manager working on a software development project. You are working hand in hand with a systems analyst who is considered an expert in her field. She has years of experience working for the organization and understands not only systems development but also the business area the
You ’ ve been given an idea for a project by an executive in your organization. After writing the business - case analysis, you submit it to the executive for review. After reading the business case, he determines that the project poses a significant amount of risk to the organization. What do
The project pays for itself in 23 months. Which cash flow technique was used to determine this?A. IRR B. NPV C. Discounted cash flow D. Payback period
Your project has expected cash inflows of $1.2 million in year 1, $2.4 million in year 2, and $4.6 million in year
Frederico, the director of the marketing department, has approached you with an idea for a project. What are the steps you ’ ll take for the pre - project setup of this project?Choose three.A. Write a business - case analysis.B. Identify the project.C. Determine the strategic opportunity/business
This general management skill concerns obtaining mutually acceptable agreements with individuals or groups.A. Leadership B. Problem solving C. Negotiating D. Communicating
Which of the following are the steps required to validate a project? Choose two.A. Analyze the feasibility.B. Justify the project.C. Align it to the strategic plan .D. Validate the business case.E. Identify and analyze stakeholders.
Your project has expected cash inflows of $7.8 million in today ’ s dollars. Which cash flow technique was used to determine this?A. Discounted cash flow B. IRR C. NPV D. Cost - benefit analysis
A project manager has the most authority under which organizational structure?A. Project-based B. Functional C. Balanced matrix D. Strong matrix
You are working in a matrix organization. Choose two responses that describe this type of structure.A. Project resources are members of another business unit and may or may not be able to help you full - time.B. Matrix organizations can be structured as strong, weak, or balanced.C. Project managers
You receive a request from customer service to develop and implement a desktop management system for the customer-support staff. What type of project request is this?A. Business need B. Market demand C. Legal requirement D. Technological advance
Which of the following general management skills does a project manager employ up to 90 percent of their time?A. Programming B. Communications C. Leadership D. Problem solving
Which of the following are the requirements to complete a pre - project setup? Choose three.A. Conduct a feasibility analysis.B. Identify the project.C. Validate the project.D. Validate the business case.E. Prepare a project charter and obtain approval of the charter.F. Identify and analyze
What is the term for a group of related projects managed in a coordinated fashion?A. Life cycle B. Phase C. Process group D. Program
What organization is recognized worldwide for setting project management standards?A. PMC B. PMI C. PMP D. CompTIA
What is the definition of a project? Choose two.A. A group of interrelated activities that create a unique benefit to the organization B. Through the use of project management techniques, which are repeatable processes, a series of actions that are performed to produce the same result multiple
You are midway through a project that has experienced several challenges. At this point, the project could not sustain any more delays without permanently impacting the schedule, costing you the performance bonus you’ve been counting on. The most recent setback was an unexpected delay in
During a planning meeting with several key stakeholders, one of the project team members made a silly joke to lighten the tense mood of the room. Some participants laughed politely, but the joke gave the appearance that the team member didn’t understand the critical situation at hand. What should
A project manager was in the midst of trying to resolve a dispute with one of the project’s largest vendors. The vendor was upset that one of the deliverables was rejected, and didn’t agree with the documented reasoning. In a moment of frustration, the vendor got up from his chair and yelled
You are the project manager of a software company. During the procurement process of your current project, you discover that one of the bidders for an outsourced deliverable is a company owned by your cousin. Since you have different last names, and have never mentioned this relative to your
While sifting through the project files he had recently requested, a project manager came across a file that was labeled “confidential.” Thinking it was related to the project, he opened the file and saw “sexual harassment report” typed on the top of the document, along with the name of a
During project execution, the project manager received a call from one of her team members based in another country. The team member had called to file a complaint against another team member who had made fun of her accent during a conference call. She had been extremely offended, particularly when
The PMI Code of Ethics and Professional Conduct touches on all of the following elements EXCEPT:A. Integrity B. Responsibility C. Honesty D. Respect
While traveling to the construction site of your latest project, you get a call from one of the project vendors whose office is at the same location you will be visiting. After finding out that you will be in town, the vendor (knowing that you are a big hockey fan) offers to take you to a weekend
A project manager of a travel excursion company is currently working on a project that involves developing a new travel package across four countries. The project team consists of individuals from the organization’s global offices where the excursions will take place.This will be the first time
During a recent department meeting, your manager announced that you would be awarded the new build-out project. Everyone in the conference room applauded, since it was the most anticipated project of the year. He congratulated you on your most recent project success, and said it was your hard work
Resource release criteria can BEST be found in:A. The project management plan B. The staff release plan C. The staffing management plan D. The human resource plan
Project managers have the greatest amount of influence during which stage of the project?A. Prior to the start of the project B. During the Planning processes C. During execution of the project work D. During the Closing processes
A project manager was in the midst of trying to resolve a dispute with one of the project’s largest vendors. The issue revolved around the responsibility of the vendor to comply with changes to the scope. Although this was addressed in the contract, the vendor felt that the scope changes were
Procurement audits are concerned with which of the following:A. Resolving issues B. Documenting the processes, control functions, and automation tools C. Identifying flawed scope processes D. Identifying lessons learned
All of the following are tools and techniques of the Close Procurements process EXCEPT:A. Procurement documentation B. Procurement audits C. Negotiated settlements D. Record management system
While conducting project closure activities, a relatively new project manager of a white board production company becomes confused as to how the organization verifies that the existing criteria have been met. The project manager has found that some of the procedures followed by the organization are
The Close Procurements process accomplishes all of the following EXCEPT:A. Updating and archiving records for future reference B. Completing closeout terms or conditions as specified within the procurement contracts C. Documenting and verifying project outcomes D. Transitioning the final product,
When closing out a project or project phase, which of the following tools and techniques can be utilized to ensure that closure has been performed to the appropriate standards?A. Records management system B. Procurement audits C. Expert judgment D. Organizational process assets
A project manager of a travel excursion company is currently working on confirming that all project deliverables have been successfully completed in order to transfer the project to the customer. What process is the project currently in?A. Verify Scope B. Scope Closure C. Close Project or Phase D.
All of the following are inputs of the Close Project or Phase process EXCEPT:A. Procurement documentation B. Project management plan C. Accepted deliverables D. Organizational process assets
What level of accuracy does 3 sigma represent?A. 68.26 percent B. 95.46 percent C. 99.73 percent D. 99.99 percent
A project manager is in the process of determining the existing variance between the schedule baseline and actual schedule. To determine the variance, the project manager used schedule variance (SV) and schedule performance index (SPI). What process is the project manager currently in?A. Control
If budget at completion (BAC) is 1,500 and estimate at completion (EAC) is 1,350, what is the current variance at completion (VAC)?A. 150 B. 75 C. 0.90 D. 1.11
After the implementation of yet another risk response plan, the project manager became concerned over whether the budget was sufficient enough to cover the remaining identified risks. Which of the following tools and techniques can the project manager use to evaluate the status of the budget in
During a project status meeting, the project manager provided the room of stakeholders with results of a recent quality audit. After discussing the results jointly as a group, it was determined that a minor adjustment needed to be made to bring the variance levels under control. The project
While conducting earned value management, the project manager of a software development company receives a request from a stakeholder for the most current cost estimate report.Specifically, the stakeholder needed to know the value of the work completed against actual cost. Which formula will the
Which of the following BEST describes the contract change control system:A. Meetings where the change control board reviews and makes decisions on change requests submitted B. A subsystem of the PMIS that manages approved changes and project baselines C. A system that describes the processes needed
All of the following processes integrate with the Administer Procurements process EXCEPT:A. Administer Procurements B. Direct and Manage Project Execution C. Report Performance D. Perform Integrated Change Control
A project manager of a technical training company is working on a project that will automate the company’s course registration process. Due to the expertise involved, the company hired an external vendor to create the back-end development of the registration system.While monitoring the project
The Monitor and Control Project Work process results in all of the following EXCEPT:A. Change requests B. Preventive actions C. Defect repairs D. Deliverables
The following are tools and techniques of the Manage Stakeholder Expectations process except:A. Stakeholder register B. Communication methods C. Interpersonal skills D. Management skills
Who is responsible for defining Theory X and Theory Y?A. Douglas McGregor B. Frederick Herzberg C. Abraham Maslow D. Victor Vroom
The project team of a new housing expansion project is in a state of frenzy because of a surprise quality audit that is being conducted today on the project. In three days, a major deliverable is due. The project manager explains to the team that the quality audit is important.What reasoning is the
Meetings, email, videoconferences, and conference calls are all examples of:A. Project management tools B. Communication distribution tools C. Communication methods D. Communication types
Which of the following conflict management techniques is said to be the best strategy:A. Forcing B. Smoothing C. Collaborating D. Confronting
Which of the following levels within Maslow’s hierarchy of needs describes the need to belong?A. Social needs B. Self-esteem needs C. Self-actualization D. Safety and security needs
Sally, a junior project manager for Project Red, is in the process of holding a status meeting for the project manager, who stepped out to deal with a procurement issue. The tension in the room has been high as a result of two critical resources who suddenly quit.John and Rick, both team members,
At which stage of team development do employees compete for control?A. Forming B. Storming C. Norming D. Performing
All of the following are benefits of virtual teams except:A. Access to resources otherwise unavailable B. Reduction in travel expenses C. Allows for a war room to be utilized D. Reduction in time spent commuting
Jon is gearing up for his upcoming project, which involves programming a complex system that will allow two programs to talk to each other. The project kicks off in one week, and he had been specifically requested by the customer. As a software architect, this will be his most challenging project
All of the following are tools and techniques of the Plan Quality process except:A. Statistical sampling B. Flowcharts C. Forcefield analysis D. Operational definition
Which of the following quality theorists devised the zero defects practice?A. Walter Shewhart B. Philip B. Crosby C. W. Edwards Deming D. Joseph Juran
Which type of contract carries the highest risk for the buyer?A. Fixed-price contracts B. Lump-sum contracts C. Cost-reimbursable contracts D. Time and materials contracts
The purpose of the Perform Qualitative Risk Analysis process is:A. To determine how the project team will plan for risks B. To identify and gather all potential risks within the project C. To determine the impact and probability of identified risks and prioritize them D. To evaluate the impact of
Rodrigo is in the Plan Communications process of a new systems component project. Rodrigo has determined that there are a total of 32 stakeholders within the project. How many communication channels exist?A. 496 B. 512 C. 32 D. 31
While sequencing activities, a project manager decides to utilize the precedence diagramming method to show existing dependencies between activities. Which of the logical relationships is the project manager most likely to use?A. Finish-to-start B. Start-to-finish C. Finish-to-finish D.
The following are included within the WBS dictionary except:A. Code of accounts identifiers B. Cost estimates C. Description of the work of the component D. Activity list
Sam is currently in the planning stages of a project and is working on developing the project scope statement. As part of converting the product description into deliverables, he has utilized the product breakdown and systems analysis techniques. Which of the following tools and techniques of the
The following best describes a focus group:A. A gathering of prequalified subject matter experts and stakeholders B. One-on-one conversations with stakeholders C. A group of subject matter experts who participate anonymously D. A group of cross-functional stakeholders who can define
All of the following are subsidiary elements of the project management plan except:A. Quality management plan B. Risk register C. Project scope statement D. Scope baseline
Stakeholder management strategy can best be defined as:A. A method that captures all information about the stakeholders in one place B. The documented approach used to minimize negative impacts or influences that stakeholders may have throughout the life of the project C. A list of potential
All of the following are inputs to the Identify Stakeholders process except:A. Procurement documents B. Project charter C. Project statement of work D. Enterprise environmental factors
Maryann has just wrapped up the final draft of the project charter and emailed a copy to the appropriate individuals. A kick-off meeting has already been scheduled in two days to complete the project charter, with all those involved having accepted the meeting invitation.What will Maryann need done
All of the following are inputs to the Develop Project Charter process except:A. Project statement of work B. Business case C. Organizational process assets D. Project charter
Which of the following BEST describes the characteristics of the product, service, or result of the project?A. Strategic plan B. Product scope description C. Contract D. Project charter
What is $5,525 in four years from now worth today given a 10 percent interest rate?A. $3,773.65 B. $5,022.73 C. $5,525.00 D. $6,077.50
What type of project selection method is multi-objective programming?A. Benefit measurement method B. Constrained optimization method C. Decision model D. Scoring model
Which project do you choose?A. Project A B. Project B C. Project C D. None of the prospects are good selections.
Your manager has recently given you the responsibility of selecting the next project, which you will manage as the project manager. There are currently three projects on hold to choose from. Using the weighted scoring models method, you determine that Project A has a weighted score of 16, Project B
Ron is the project manager of a pharmaceutical company that develops multiple products to help fight diseases affecting children. There are currently two new drugs that the company is planning to develop within the next two years. Ron has been tasked with determining which of the two drugs has the
Identify Stakeholders, Distribute Information, and Report Performance are all processes of which Knowledge Area?A. Project Integration Management B. Project Communications Management C. Project Human Resource Management D. Project Procurement Management
Which of the following best describes the level of authority that a project manager has within a functional organization?A. High to ultimate authority B. Authority to assign resources C. Minimal to no authority D. Authority to recommend resources
All of the following statements are true EXCEPT:A. It is the job of the project manager to ensure that the information is explicit, clear, and complete.B. A project manager must possess a strong knowledge of finance and accounting principles.C. Organizational and planning skills are an important
The concept that each element within a cycle is results oriented and becomes an input into the next cycle describes:A. Project management processes B. Phases C. Project life cycle D. Plan-Do-Check-Act cycle
During which process group are costs the highest?A. Planning B. Executing C. Monitoring and Controlling D. Closing
All of the following are a process group EXCEPT:A. Integration B. Planning C. Executing D. Closing
During a planning meeting, a discussion takes place on which resource will be assigned to perform an activity that will be fast-tracked. As the project manager, you decide to assign Fred to the activity. What type of organizational structure is this?A. Functional organization B. Projectized

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PMP Project Management Professional Exam Review Guide 1st Edition Kim Heldman, Vanina Mangano - Solutions

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