CAPM/PMP Project Management Certification All-In-One Exam Guide 3rd Edition Phillips, Joseph - Solutions

Discover the ultimate resource for mastering project management with the "CAPM/PMP Project Management Certification All-In-One Exam Guide 3rd Edition" by Joseph Phillips. Access a comprehensive collection of solved problems and questions and answers, designed to enhance your understanding and boost your confidence. Gain insights with our detailed solutions manual and answers key, available in an easy-to-download Solutions PDF. Benefit from the step-by-step answers and chapter solutions that provide clarity on complex topics. Explore the instructor manual and test bank to reinforce learning. Enjoy the convenience of free download options, making this textbook an invaluable tool for aspiring project managers.

In the context of project management, which of the following best describes the role of the project manager as a “listener”?A. The project manager listens to music to help them concentrate on project tasks B. The project manager takes feedback only from the senior stakeholders to make decisions
How does emotional intelligence (EQ) primarily influence project management?A. EQ helps in estimating the project budget accurately B. EQ assists in the technical problem-solving aspects of the project C. EQ plays a significant role in managing stakeholder expectations and team dynamics D. EQ
Which of the following is a technique used to identify and document project risks by gathering inputs from team members and subject-matter experts?A. Brainstorming B. Control Chart C. Delphi Technique D. Pareto Chart
What is the main purpose of a milestone in a project schedule?A. To represent the critical path of the project B. To divide the project into phases or stages C. To monitor the project’s progress and performance D. To indicate the completion of a significant project event or deliverable
What is the primary purpose of a work breakdown structure (WBS) in project management?A. To identify potential project risks B. To define project objectives and scope C. To outline how project resources will be acquired and utilized D. To decompose project work into smaller, manageable components
Which of the following documents defines how project resources will be estimated, acquired, and managed?A. Project charter B. Resource management plan C. Project scope statement D. Stakeholder register
What is the primary purpose of stakeholder engagement in a project?A. To minimize the influence of stakeholders on the project B. To involve stakeholders in project decision-making processes C. To avoid communication with stakeholders to reduce project complexity D. To decrease the project’s
Which of the following documents provides a high-level overview of the project’s objectives, scope, and deliverables?A. Project charter B. Project management plan C. Work breakdown structure (WBS)D. Stakeholder register
Which of the following is an essential component of a project management plan?A. Organizational chart B. Project schedule C. Product backlog D. Marketing strategy
Which of the following is NOT a common technique used in the qualitative risk analysis process?A. Probability and impact matrix B. Risk probability assessment C. Monte Carlo simulation D. Risk categorization
What is the primary purpose of a project management plan?A. To define the project scope B. To allocate project resources C. To guide project execution and control D. To identify project risks
Which of the following activities is typically NOT performed during the project closure phase?A. Handing over project deliverables to the customer B. Conducting a final project performance review C. Identifying lessons learned for future projects D. Creating the project charter
What is the key characteristic of a “portfolio” in project management?A. A portfolio consists of a collection of related projects and programs managed together to achieve strategic objectives B. A portfolio is a temporary endeavor with a defined beginning and end, similar to a project C. A
You are a project manager leading a team to implement a new software system for a client. During the project, you discover that a team member has been sharing confidential information about the client’s business with a competitor. What should you do as per the PMI Code of Ethics and Professional
Which of the following statements best captures the purpose of the “PMI Code of Ethics and Professional Conduct”?A. The PMI Code of Ethics and Professional Conduct defines the life cycle and stages of a project B. It is a document used to review and critique the project’s scope C. The PMI
Which statement best differentiates between a “program” and a “project”?A. A program is a temporary endeavor with a start and finish, while a project is an ongoing operation B. A program is a collection of related projects managed in a coordinated manner to obtain benefits not available
What is the primary distinction between “issues” and “risks” in project management?A. “Issues” are ethical challenges faced by project managers, while “risks” are uncertain events that might impact project objectives.B. “Issues” are known challenges or problems currently
In project management, what is the main intent behind “assumptions”?A. To provide ethical standards for all project professionals B. To represent things that are believed to be true but are not confirmed, forming the basis for planning and decision-making C. To identify uncertain events that
What is the primary focus of “operations” within an organization in relation to projects?A. Managing a set of ethical guidelines for professionals B. Overseeing the group of related projects and programs C. Handling the day-to-day activities to maintain the ongoing functionality of an
What does the term “program” primarily refer to in the context of project management?A. A set of ethical guidelines and standards for project management professionals B. A methodology primarily based on a set sequence of phases C. A group of related projects, subprograms, and program activities
Which of the following best describes the “adaptive approach” in project management?A. An approach primarily based on a set sequence of phases with well-defined requirements from the start B. A management structure where related projects are coordinated to obtain synergistic benefits C. An
What best describes the term “issues” in the context of project management?A. Known uncertainties that can impact project objectives B. Ethical dilemmas faced by project managers during a project C. Current problems or challenges that are impacting the project and need to be addressed D.
Sweet Farm is a new innovative pharma company working with cutting-edge technology. The IT department is trying to keep up with the business where key stakeholders have a lot to say; however, they rarely know what they want or may quickly change their minds. The business analysis processes are not
Petra is working Agile, Scrum to be precise. The maturity of her teams is low, and they are not using DevOps or a similar methodology. When would it be a good time for her and her product owner to validate requirements?A. Any time during the sprint when a user story has been completed B. To go
Petra is working Agile with a couple of teams on a big pharma project. She is struggling to get an overview of what is going on and the direction the teams are heading. She had a brief talk with the product owner who quickly provided her with the product vision. She is still a bit confused. What
Pete, the business analysis on a big IT project is getting ready to start elaboration requirements. His few key stakeholders are shattered around the world in a global organization. People in the organization are busy. The product is all new, so nobody is using it or something like be observed.
Pete is the Business analysis on a big IT project. Currently he is preparing to communicate with various stakeholders, but as it is a globally shattered organization, he is not sure about all the details of them yet. Mary is working with Pete as a project manager. Mary, Pete, and the team has
Which of the following is a Prioritization Schema?A. IRR B. NPV C. MoSCoW D. DoD
Which of the following are all Events of Scrum?A. Visualize the Workflow, Limit WIP, Make policies explicit B. Continuous Integration, Sustainable pace, Collective ownership C. Courage, Commitment, Focus, Openness, Respect D. Sprint Planning, Sprint Review, Daily scrum
What is the order of complexity (effort estimation), from the most complex one on the left to less complex one to the right, of the following type of requirements?A. Epic, Feature, Theme, User Story B. User Story, Feature, Theme, Epic C. Theme, Epic, Feature, User Story D. Feature, Epic, User
Which practices usually do the project team within an Iteration?A. Iteration Execution, Daily stand-ups, Iteration Review or demo, Retrospective B. Create Project Vision, Create Project Charter C. Plan the budget of the Iteration D. Create the Statement of Work
Which attributes of a project team are the best to have to enable an Adaptive approach?A. Large team, part-time engaged, working in different time-zone, in a functional organizational structure B. Small team, stable, co-located, cross-functional C. Small team, part-time engaged, co-located,
Which of the following is NOT one of the five Project Management Process Groups?A. Initiating B. Planning C. Executing D. Closing E. Analyzing
In a Project Schedule Network Diagram, what kind of dependency relationship means that the successor activity cannot start until the predecessor activity finishes?A. Start-to-Start (SS)B. Start-to-Finish (SF)C. Finish-to-Start (FS)D. Finish-to-Finish (FF)
In the Earned Value Method (EVM), if the Actual Cost (AC) is $10,000 and the Earned Value (EV) is $8,000, what is the Cost Performance Index (CPI)?A. 0.8 B. 1.2 C. 1.25 D. 1.5
In the Critical Path Method (CPM), what is the Float of an activity?A. The maximum duration an activity can be delayed without delaying the project B. The Lag time of an activity C. The Lead time of an activity D. The total number of activities in the project
In the Earned Value Method (EVM), what does a positive Schedule Variance (SV) indicate?A. The project is ahead of schedule B. The project is behind schedule C. The project is within the planned schedule D. The project's schedule is indeterminable
During a stand-up meeting in an Agile project, what is the primary purpose?A. To provide a status update to the project manager B. To identify and address any obstacles or issues C. To discuss detailed technical implementation plans D. To assign tasks to team members
What is the purpose of a project charter in project initiation?A. To create a detailed project schedule B. To allocate resources and define project roles and responsibilities C. To document the project objectives, scope, and stakeholders D. To assess and mitigate potential project risks
Which of the following best describes the role of a project sponsor within a project?A. The project sponsor is responsible for managing the daily tasks and the project team B. The project sponsor is primarily responsible for gathering requirements from stakeholders C. The project sponsor provides
Which of the following is an example of a risk response strategy that involves accepting the potential risk without taking any specific action?A. Avoidance B. Mitigation C. Transference D. Acceptance
Which of the following best describes the purpose of a portfolio in project management?A. It is a temporary endeavor undertaken to create a unique product, service, or result B. It refers to the coordinated management of multiple projects and programs to achieve strategic objectives C. It is a
Which of the following activities are accepted by PMI® as professional development units (PDUs) and what amount of PDU can one expect from these activities?1. Attending a conference on IT practices?2. A work meeting on project management?3. Reading a book on project management practices?4. Taking
What is the purpose of a stakeholder analysis?A. To identify and prioritize project risks B. To create a visual representation of user interfaces C. To define the business requirements for a project D. To identify and understand stakeholders and their interests
What is the purpose of a wireframe in the context of business analysis?A. To create a visual representation of user interfaces B. To define the business requirements for a project C. To identify and prioritize project risks D. To analyze the performance of a system
What is the purpose of a business case?A. To document detailed requirements B. To analyze the cost and benefits of a proposed solution C. To define the project timeline and milestones D. To identify and analyze project risks
Acceptance criteria are used to:A. Define the project scope B. Evaluate the performance of a team C. Determine when a deliverable is complete D. Identify project risks
What is the purpose of the Sprint Retrospective in Scrum?A. To review and demonstrate the completed work to stakeholders B. To plan the work to be done during the Sprint and create a Sprint Backlog C. To reflect on the team’s performance and identify areas for improvement D. To conduct daily
What is the purpose of a Cumulative Flow Diagram (CFD) in Agile project management?A. To track the progress of user stories throughout an iteration B. To visualize the flow of work and identify bottlenecks in the process C. To measure the team’s velocity and predict the project’s completion
What is the purpose of the Team Charter in Agile projects?A. To define the scope and objectives of the project B. To outline the roles and responsibilities of the project team C. To establish the project’s high-level timeline and milestones D. To establish the team’s values, norms, and working
Which Agile framework/methodology places a strong emphasis on customer collaboration and early and frequent delivery of working software?A. Lean Startup B. Predictive C. Scrum D. Six Sigma
Which of the following statements best describes the purpose of conducting a Root Cause Analysis?A. To assign blame and identify individuals responsible for project issues B. To develop a comprehensive risk management plan for the project C. To identify and address the fundamental reasons behind
Project closure is an important process group in project management that involves formally ending the project and ensuring all project requirements have been met. Which of the following activities is typically performed during the project closure process?A. Resource allocation and assignment B.
What is the purpose of a change control board (CCB) in managing change requests in a predictive project?A. To approve or reject change requests based on their impact and feasibility B. To immediately accommodate all change requests without evaluation C. To bypass the change control process and make
Which of the following can be utilized to understand the opinions, beliefs, and feelings of stakeholders regarding a particular topic or challenge?A. Pareto analysis B. Work breakdown structure (WBS)C. Focus group D. Gantt chart
Which of the following risk response strategies involves taking actions to reduce the probability or impact of a risk to an acceptable level?A. Avoidance B. Mitigation C. Transference D. Acceptance
Which of the following refers to a methodological approach that is frequently employed in projects where requirements and solutions evolve through the collaborative effort of cross-functional teams?A. Predictive approach B. Program management C. Adaptive approach D. PMI code of ethics and
In the context of project management, what best describes the term “constraints”?A. The ethical guidelines that all PMI members and certification holders must adhere to B. Factors that will limit the project team’s options, including available resources and conditions that will affect the
You are the project manager for an information technology project. It has come to your attention that a technical problem has stopped the project work. How should you proceed?A. Measure the project performance to date, and account for the cost of the technical problem.B. Rebaseline the project
A PMP has been assigned to manage a project in a foreign country. The disorientation the PMP will likely experience as he gets acclimated to the country is known as what?A. Sapir-Whorf hypothesis B. Time dimension C. Ethnocentrism D. Culture shock
Of the following, which one achieves customer satisfaction?A. Completing the project requirements B. Maintaining the project cost C. Maintaining the project schedule D. Completing the project with the defined quality metrics
You are the project manager of a project in Asia. You discover that the project leader has hired family members for several lucrative contracts on the project. What should you consider?A. Cultural issues B. Ethical issues C. Organizational issues D. Political issues
You have a project team member who is sabotaging your project because he does not agree with it. What should you do?A. Fire the project team member.B. Present the problem to management.C. Present the problem to management with a solution to remove the team member from the project.D. Present the
You are completing a project for a customer in another country. One of the customs in this country is to honor the project manager of a successful project with a gift. Your company, however, does not allow project managers to accept gifts worth more than $50 from any entity.At the completion of the
You are a project manager for your organization. Your project is to install several devices for one of your company’s clients. The client has requested that you complete a few small tasks that are not in the project scope. To maintain the relationship with the client, you oblige her request and
You are the project manager of the AAA Project. Due to the nature of the project, much of the work will require overtime between Christmas and New Year’s Day. Many of the project team members, however, have requested vacation during that week. What is the best way to continue?A. Refuse all
You are the project manager of the 12BA Project. You have completed the project according to the design documents and have met the project scope. The customer agrees that the design document requirements have been met; however, the customer is not pleased with the project deliverables and is
You are the project manager of the PMH Project. You have been contracted to design the placement of several pieces of manufacturing equipment. You have completed the project scope and are ready to pass the work over to the installer. The installer begins to schedule you to help with the
As a contracted project manager, you have been assigned a project with a budget of $1.5 million. The project is scheduled to last seven months, but your most recent earned value management (EVM) report shows that the project will finish ahead of schedule by nearly six weeks. If this happens, you
You are the project manager of the LKH Project. This project must be completed within six months. The project is two months into the schedule and is starting to slip. As of now, the project is one week behind schedule. Based on your findings, you believe that you can make some corrective actions
You are the project manager for the PMH Project. Three vendors have submitted cost estimates for the project. One of the estimates is significantly higher than similar project work in the past. In this scenario, you should do what?A. Ask the other vendors about the higher estimate from the third
You are the project manager for the Log Cabin Project. One of your vendors is completing a large portion of the project. You have heard a rumor that the vendor is losing many of its workers due to labor issues.In light of this information, what should you do?A. Stop work with the vendor until the
The PMI has contacted you regarding an ethics violation of a PMP candidate. The question is in regard to a friend who said he worked as a project manager under your guidance. You know this is not true, but to save a friendship, you avoid talking with the PMI. This is a violation of what?A. The Code
You are the project manager of the SUN Project. Your organization is a functional environment, and you do not get along well with the functional manager leading the project. You disagree with the manager on how the project should proceed, the timings of the activities, the suggested schedule, and
One of your project team members reports that he sold pieces of equipment because he needed to pay for his daughter’s school tuition.He says that he has paid back the money by working overtime without reporting the hours worked so that his theft remains private. What should you do?A. Fire the
You are about to begin negotiations on a new project that is to take place in another country. Which of the following should be your guide on what business practices are allowed and discouraged?A. The project charter B. The project plan C. Company policies and procedures D. The Code of Ethics and
You are the project manager for the BNH Project. This project takes place in a different country than where you are from. The project leader from this country presents a team of workers that are only from his family. What should you do?A. Reject the team leader’s recommendations, and assemble
You are the project manager of the JKN Project. The project customer has requested that you inflate your cost estimates by 25 percent. He reports that his management always reduces the cost of the estimates, so this is the only method to get the monies needed to complete the project. Which of the
Your project has 45 stakeholders as of today. You’ve just learned that next week 29 new stakeholders will be joining the project. How many more communication channels will you have next week?A. 406 B. 990 C. 1711 D. 2701
Which one of the following examples best describes a push communication?A. A blog about the project B. A secured blog for functional managers C. A project newsletter for the stakeholders from the project manager D. The project management plan
You are the project manager of a large construction project. You have created a website that allows the different functional managers to log in to a secured area, run queries, and generate reports on the time, cost, scope, changes, risks, and human resource aspects of your project. What type of
What type of communication is happening in a meeting with several stakeholders exchanging ideas?A. Interactive B. Push-pull C. Conferring D. Cooperative
Ned is the project manager of the NHQ Project and he’s meeting with a few key stakeholders to determine their roles, interests, concerns, influence, and attitude about the project. What type of meeting is Ned hosting?A. Kickoff meeting B. Stakeholder classification meeting C. Profile analysis
You are coaching several new project managers on effective control of stakeholder engagement. The project managers are confused as to why change requests come from this process. What is the most likely type of change that will come from controlling stakeholder engagements?A. Technology change B.
As a PMP and CAPM candidate, you should be familiar with the inputs, tools and techniques, and outputs of the project management process.The management of stakeholder engagement creates five outputs.Which one of the following is not an output of the process?A. An issue log B. Change requests C.
Just as you need interpersonal skills, you’ll also need management skills to effectively engage the stakeholders in the project. Which one is a management skill?A. Trustworthiness B. Active listening C. Influence D. Conflict resolution
Part of stakeholder management is the reliance on interpersonal skills.Which one of the following is an interpersonal skill?A. Facilitation B. Analysis of product scope C. Conflict resolution D. Influence
Holly is a new project manager and she’s confused about the need for the change log and how it relates to the stakeholder engagement. Why is the change log an input to the management stakeholder engagement process?A. Because it documents any changes to the stakeholder contact information B.
You are the project manager of the GUY Project for your company and you’re working with your project team on some stakeholder issues. You want to examine the interrelationships among the project stakeholders for better communications. What project management plan will you refer to?A. Project
Sammy is the project manager of the KHG Project. Some of the stakeholders in this project are opposed to the project, some are in favor of the project, and some stakeholders are neutral. Management has asked Sammy to create a chart that shows the current status of engagement for each stakeholder
You are the project manager of the HQL Project for your company.Henry, a stakeholder, is in favor of your project and he’s working with you to express the importance of the project. Henry has offered to help with the project, communicate with other stakeholders, and host status meetings. What
You are a project management consultant for your company and you’re meeting the stakeholders for the first time. Mary, a stakeholder, tells you that she hates the project and she hopes that it fails miserably. What type of stakeholder is Mary?A. Resistant B. Unhappy C. Honest D. Defiant
Terry is the project manager of the ARB project for his company. Terry approaches Scott for his insight about the schedule for releasing the product the project will create. Scott doesn’t know anything about the project Terry is working on and is surprised to learn about the product.What type of
You are the project manager of a large technology project for your company. This project will span the United States and parts of Europe.There are key stakeholders in all countries represented. As part of your stakeholder analysis you’d like to create a document that captures all of the
Henry has been tasked to create a salience model for his project. This model defines three characteristics for project stakeholders. Which one of the following is NOT one of the three characteristics of the stakeholders mapped in the salience model?A. Power B. Urgency C. Legitimacy D. Influence
You are the project manager for your organization. Management has asked you to create a stakeholder classification model to show the amount of authority stakeholders have over project decisions in relation to how much their political capital and position in the company could affect the project.
Beth is the project manager for a large health care project. She is working with the project sponsor to define the steps she’ll use to perform stakeholder analysis. Which of the following correctly defines the steps for stakeholder analysis?A. Identify and document the stakeholder information,
You are the project manager of the GUY Project for your organization.This project has recently been chartered and you’re starting the process of stakeholder identification. In this process, you’re working with your project team, some of the known stakeholders, and your project sponsor. Which
There are some risks that you can do little about. In your most recent project, for example, a tornado has wrecked your construction project.The tornado is known as what?A. A force majeure B. A risk transference C. Direct costs D. An unknown unknown
You are the project manager for a seller and are managing another company’s project. Things have gone well on the project, and the work is nearly complete. There is still a significant amount of funds in the project budget. The buyer’s representative approaches you and asks that you complete

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CAPM/PMP Project Management Certification All-In-One Exam Guide 3rd Edition Phillips, Joseph - Solutions

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