Pass The PMP® Exam: Tools, Tips And Tricks To Succeed 2nd Edition Sean Whitaker (Author) - Solutions

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When you established the change control board for your avionics project, you established specific procedures to govern its operation. The procedures require all approved changes to baselines to be reflected in the—a. Performance measurement baselineb. Change management planc. Quality assurance
You have assembled a core team to develop the project management plan for the next generation of fatigue fighting drugs. The science is complex, and the extended team of researchers, clinicians, and patients for trials exceeds 500 people. The content of your project management plan will be directed
You are the project manager in charge of developing a new shipping container for Globus Ocean Transport, which needs to withstand winds of 90 knots and swells of 30 meters. In determining the dimension of the container and the materials to be used in its fabrication, you convene a group of
You plan to hold a series of meeting as you execute the project plan. While different attendees will attend each meeting, a best practice to follow is to:a. Group stakeholders into categories to determine which ones should attend each meetingb. Not mix the types of meetings on your projectc. Be
You are managing a large project with 20 key internal stakeholders, eight contractors, and six team leaders. You must devote attention to effective integrated change control. This means you are concerned primarily with—a. Reviewing, approving, and controlling changesb. Maintaining baseline
You work for a software development company that has followed the waterfall development model for more than 20 years. Lately, a number of customers have complained that your company is taking too long to complete its projects. You attended a class on agile development methods and believe that if
what is accounting
You are managing a large team whose members come from many different countries. Among your team members are several who observe a particular religious holiday at a time when your team is scheduled to be delivering part of the final deliverable. The team members have asked for time off to observe
You have successfully managed a large, complex project for a client, and they are very happy with the results and your leadership. As a thank-you gift, they send you a brand new car with a note expressing their gratitude. What should you do?A. Make sure the ownership papers have been transferred
You are preparing to give a talk to your team about how to improve your risk management planning and identification processes, and you plan to use an article you have downloaded for free from the Project Management Institute web site. The article is freely available to members for download and for
You are the project manager on a project, and, during the business feasibility phase, you discover that your project will have large and irreversible effects on a natural wetlands area. Your project sponsor asks you to keep quiet about this because it will mean the project will not proceed. What
You are acting as a volunteer for the Project Management Institute. During a meeting in your capacity as a volunteer, the people you are meeting with discover that you are a skilled project management trainer and ask you to provide training services to them. What should you do?A. After you have
You are managing a project to build a new motorway next to land that your parents have owned for 50 years. As a result of the new motorway, the value of your parents’ land will increase significantly. What should you do?A. Go ahead with the project because the land was there before the planned
You discover that a colleague of yours whom you have worked alongside for 12 years lied on his CV to get the job and does not have the engineering degree he claims to have. However, he has proven himself as more than competent to design and manage engineering projects over the 12 years you have
Your project sponsor has asked you to lead a project and has given you a deadline of six months to deliver the product. After completing the time-estimating processes with your team, you discover that the fastest you can deliver the project is nine months. Your project sponsor asks you to start the
You and several of your colleagues are studying to sit the Project Management Professional (PMP) examination when one of your colleagues admits that she has downloaded a copy of a copyrighted study book without paying for it, by using a peer-to-peer file sharing network. She offers a copy to you
You are about to walk into a meeting with your project sponsor and client to report progress on your project, and you notice that the financial figures you are about to present to them do not look correct and present an overly optimistic view of your project.What should you do?A. Go ahead with the
You are working on a project in a country where bribery is the norm, and the only way to get a permit you need processed is to pay a bribe to a local official. Your project cannot continue without this permit, and the amount of the bribe is relatively small. What should you do?A. Pay the bribe, but
Your spouse is working for a company that is submitting a bid for a contract you are managing on your project. Your spouse’s role in the company has nothing to do with the bid process. What should you do?A. You don’t need to do anything because your spouse can have no impact, nor can they
You are the project manager on a project that is behind schedule and over budget. You have gathered your team together to think of ways you can make up time and save money. A team member who has recently joined your organization says that he has access to design drawings from his previous employer
What are the four foundational values on which the PMI Code of Ethics and Professional Conduct is built?A. Trust, honesty, respect, fairness B. Honesty, respect, responsibility, fairness C. Integrity, trust, respect, honesty D. Respect, truthfulness, responsibility, transparency
Categorize each statement from the PMI Code of Ethics and Professional Conduct in the following list as a value associated with responsibility, respect, fairness, or honesty.i. We report unethical or illegal conduct to appropriate management and, if necessary, to those affected by the conduct.ii.
If you are halfway through a complex set of contractual negotiations with a potential vendor and your sponsor tells you that the project is likely to be cancelled, what should you do in relation to the contractual negotiations?
If giving the truth about the status of your project to your project sponsor and client would result in the project being terminated when you are sure that the problem is short-lived and can be fixed, what should you do?
What should you do if you are given the opportunity to provide extra information to a contractor to which you really want to award a contract?
What should you do if a family member works for a firm submitting a bid for contract work on your project?
If you are working in another country and it is a commonly accepted practice to pay bribes to get project work done, what should you do?
If you are given the opportunity to negotiate a contract that would place an undue burden on the other party, what should you do?
What must you do if you discover that a member of your team has made an error?
What must you do if you disagree with a particular policy that your organization has?
What role do you as project manager have in upholding the value of responsibility?
During which stakeholder management process is work performance data an input and work performance information an output?A. Identify Stakeholders B. Plan Stakeholder Management C. Manage Stakeholder Engagement D. Control Stakeholder Engagement
What is the name of the document that lists any problems stakeholders may have and records what is being done about them?A. Change log B. Issue log C. Stakeholder register D. Stakeholder management plan
Which of the following is not an example of a management skill a project manager may use while managing stakeholder engagement?A. Negotiation skills B. Public speaking skills C. Presentation skills D. Conflict resolution skills
You are sending out regular project updates to a list of stakeholders via e-mail. This is an example of what sort of communication method?A. Verbal B. Interactive C. Pull D. Push
Which of the following is not an input into the Manage Stakeholder Engagement process?A. Stakeholder management plan B. Issue log C. Communications management plan D. Change log
If you are engaged in carrying out your project work and need to find out the planned timeframe and frequency for distribution of required information to stakeholders, where would be the best place to look?A. Project management plan B. Stakeholder management plan C. Stakeholder register D. Issue log
If you are assessing each stakeholder as either unaware, resistant, neutral, supportive, or leading, what technique are you using?A. Brainstorming B. Delphi technique C. Analytical technique D. Root cause analysis
At what point in the project should you conduct the kick-off meeting?A. As soon as the project is initiated B. At the end of the project, to assist with project closure C. Only after all the planning work has been completed D. After enough planning work has been completed to begin execution
Which of the following documents will contain a description of stakeholder contact details and their requirements for the project?A. Stakeholder analysis B. Stakeholder register C. Gardner grid D. Stakeholder management plan
If you are using a Gardner grid to show the results of stakeholder analysis, what information about stakeholders are you showing?A. How much power, urgency, and legitimacy they have B. The amount of risk each stakeholder is willing to share C. The levels of power and interest of each stakeholder D.
Which of the following is the best definition of a stakeholder?A. Your project team members, project sponsor, and client B. Any person or group who can affect or be affected by your project C. The client, the project sponsor, and external government agencies D. Any person or group
Which of the following processes produces the stakeholder register?A. Identify Stakeholders B. Plan Stakeholder Management C. Manage Stakeholder Engagement D. Control Stakeholder Engagement
How does the Control Stakeholder Engagement process interact with other project management knowledge areas?
What type of organizational process assets may be updated as a result of carrying out the Control Stakeholder Engagement process?
Why is the issue log an important input into the Control Stakeholder Engagement process?
What is the main purpose of the Control Stakeholder Engagement process?
How does the Manage Stakeholder Engagement process interact with other project management knowledge areas?
Why is the issue log a main output from the Manage Stakeholder Engagement process?
What is the difference between push and pull forms of communication?
What is the main purpose of the Manage Stakeholder Engagement process?
How do the activities contained in the Plan Stakeholder Management process interact with other project management knowledge areas?
What does a stakeholder engagement assessment matrix show?
What sort of information should a stakeholder management plan contain?
What is the main purpose of the Plan Stakeholder Management process?
How is the Identify Stakeholders process linked to other project management processes?
What is your primary objective in identifying and managing stakeholders on your project?
What is the best definition of a stakeholder?
What is the main focus of the Identify Stakeholders process?
Which of the following is not a form of alternative dispute resolution?A. Mediation B. Arbitration C. Litigation D. Audit
All of the following conditions can lead to early termination of a contract except what?A. Mutual agreement by both parties B. Default of one party C. Convenience of the buyer if provided for in the contract D. An incomplete procurement statement of work
Which tool or technique would be most useful for storing information about procurement documentation and records?A. Records management system B. Project management information system C. Contract change-control system D. Procurement performance reviews
Who is responsible for carrying out audits on contracts?A. Only the buyer B. Only the seller C. An independent legal professional D. Both buyer and seller
The seller you have engaged to carry out a contract for the provision of services on your project has started submitting multiple change requests, which are escalating into claims.What is the most likely cause of this?A. Incomplete risk register B. Poorly worded procurement statement of work C.
You and your team are in the process of negotiating a contract for a particular service required on your project. Which process are you in?A. Plan Procurement Management B. Conduct Procurements C. Control Procurements D. Close Procurements
You have decided to engage the services of a quantity surveyor to review the prices received from sellers responding to your procurement requests. What tool or technique are you using?A. Delphi technique B. Independent estimates C. Analytical techniques D. Bidder conferences
All of the following could be included as part of your sourceselection criteria except what?A. Intellectual property rights B. Technical capability C. Financial capacity D. Organizational process assets
A technique that considers a variety of factors in order to determine whether the particular project work is best done by the project team or by external sources is known as what?A. Expert judgment B. Market research C. Proposal evaluation techniques D. Make-or-buy analysis
The document that describes and defines the portion of the project scope to be included in the related contract is known as what?A. Procurement management plan B. Organizational process assets C. Scope statement D. Procurement statement of work
You are the seller of a potential good or service and are responding to an RFP document where there is a poorly defined scope of work. What type of contract would you prefer to enter into?A. Fixed-price B. Fixed-price incentive fee C. Cost-reimbursable D. Time and materials
The organization seeking to procure external resources to provide goods or services on a project is known as what?A. Procurement specialist B. Seller C. Lawyer D. Buyer
Which of the following processes produces the procurement management plan?A. Close Procurements B. Plan Procurement Management C. Conduct Procurements D. Develop Procurement Management Plan
What is the purpose of the records management system?
Why is it sometimes necessary to use negotiated settlements to close contracts?
What is the main focus of the Close Procurements process?
Why is it important to keep well-documented records of any claims made?
What is the benefit of having a payment system in place?
What is the main focus of the Control Procurements process?
Under what conditions would you generally choose to use a time and materials contract?
What form of contract most favors a buyer in terms of risk?
Who should be involved in procurement negotiations?
Why is it important to carry out your own independent estimates?
Why is it important to keep bidder conferences fair to all prospective sellers?
What is the main focus of the Conduct Procurements process?
What are some typical factors included in source-selection criteria?
What are some of the factors you take into account when conducting a make-or-buy analysis?
What is the main focus of the Plan Procurement Management process?
You are carrying out a reassessment of the cost reserves built up by using quantitative risk assessment for the procurement of materials for your project, due to new information that reduces the uncertainty in the initial estimates. Which risk management process are you carrying out?A. Identify
You have identified a potential risk to your project but have decided that you will not conduct an assessment of the probability or impact, or have a proactive response in place.What sort of risk response strategy is this?A. Mitigation B. Enhancement C. Transference D. Acceptance
The decision to delay the beginning of construction until the end of winter to ensure that team members do not have to contend with the risk of dangerous working conditions is what sort of risk response strategy?A. Mitigation B. Transference C. Avoidance D. Acceptance
If you are using a piece of software to carry out the simulation of the probability of a particular risk occurring over many iterations, what tool are you using?A. Expected monetary value analysis B. Interviewing C. Sensitivity analysis D. Monte Carlo analysis
You have developed a range of statistical data that demonstrates the characteristics of a beta distribution and are using this information to analyze the probability of a risk occurring. Which risk management process are you carrying out?A. Identify Risks B. Perform Qualitative Risk Analysis C.
In carrying out the risk management processes, you will often update particular project documents. What is the most common project document to be updated as a result of completing risk management processes?A. Risk register B. Risk management plan C. Assumptions log D. Project management plan
After carrying out a particular risk process, you end up with a prioritized list of risks, ranking them from highest to lowest priority. Which of the following risk processes produces this list?A. Plan Risk Management B. Identify Risks C. Perform Qualitative Risk Analysis D. Perform Quantitative
You have called your team together for a meeting in which you ask them to analyze the strengths, weaknesses, opportunities, and threats your project faces. What tool or technique are you using?A. Delphi technique B. Brainstorming C. SWOT analysis D. Root cause analysis
You are in the process of identifying individual risks to your project and are using a technique to discover the underlying causes that lead to a particular risk. What technique are you using?A. Brainstorming B. Delphi technique C. Interviewing D. Root cause analysis
You have prepared a grid that shows a standardized representation of probability and impact in order to prioritize individual risks. What is this known as?A. Risk breakdown structure B. Ishikawa diagram C. Probability and impact matrix D. Risk register
Which of the following documents will contain a description of risk categories?A. Risk register B. Risk analysis C. Risk management plan D. Risk progress report
Uncertainty that presents opportunities to deliver a project ahead of time is known as what?A. Risk threshold B. Positive risk C. Negative risk D. Risk analysis
The particular attitude that an organization has to the amount of risk it is prepared to accept for the project is known as what?A. Risk analysis B. Risk tolerance C. Risk aversion D. Risk avoidance

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Pass The PMP® Exam: Tools, Tips And Tricks To Succeed 2nd Edition Sean Whitaker (Author) - Solutions

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