Best PMP Exam Prep Guide 2023-2024 1st Edition Dr. Sam Swapn Sinha - Solutions

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What is meant by nonlinear, chaotic thinking about crisis and emergency management? What is linear crisis management thinking?
Do all emergencies turn into crises? Do all crises require emergency responses? Why?
What is meant by crisis management and emergency governance, and what is their difference?
What is meant by globalization and predatory globalization?
One Resistant Stakeholder is opposing the project stating that the project is not following laid down guidelines and is not compliant with company policies. The sponsor wants to know how the PM is doing it so it is aligned with the Foundational Standard of Project Management as expected in the
A successful large company is moving from an existing traditional approach to an agile approach for building and releasing its popular products and services. The senior management is very concerned about making sure that there are no bumps and the company keeps earning revenues from its flagship
A PM is facing a situation where the supplier notifies considerable delay in important item for the project. This was documented in Risk Register and contingency fund earmarked for it. What should the PM do next?A. Find Contract and look for penalty payment clause to obtain funds from original
The product owner decides to release the product in this release with the MVP as the project is getting delayed and one major competitor as overheard in the market is releasing their comparable product next month.One of the key stakeholders is not satisfied and states we need to have full
A weather forecast indicates expected bad weather resulting in work stoppages. This can create an over budget and behind schedule scenario.What should the PM do?A. Update the Issue log B. Update Risk register C. Update Stakeholder on situation and seek solution D. Update Project Schedule
A Project Success Measures indicators are ROI 10%, NPV= -$80,000$, IRR 8%, PBP 3 years, and BCR 25%. As a Project Manager what will you do?A. Recommend the Project as most indicators look good.B. Not Recommended the Project as NPV is negative.C. Talk to Sponsor and seek his valuable opinion.D. Meet
Companies current business is struggling and they are wanting to add a new software product to their portfolio. The company has been in existence for the last 30 years and the sales have done well for the flagship product but for the last 2-3 years they are struggling to make ends meet. Team
This is a Short term contract for some ad hoc project staff augmentation work and not expected to last longer. The PM wants to get some resources assigned from the performing organization as a vendor. PM should chose which contract type to get the job done?A. FFP B. T&M C. CPIF D. FPEPA
This is a new virtual agile project and team members are not colocated. The product is new and technology has just been introduced. The management expects teams to follow company policies and not digress from rules. What should the PM do?A. Get the team to collect at one place to build
The sponsor told PM in the meeting that as a Client they want to keep their Risk taking capacity at lowest & pass on the whole risk to the vendor.What contract type should PM select?A. Fixed Price B. Firm Fixed Price C. Fixed Price with incentives to vendor D. Cost Reimbursable
Team worked hard and created the deliverable for this agile project.The SVP engineering is not ready to sign off in the sprint review meeting, all other stakeholders agree the increment meets the vision and objectives. What should the project manager do?A. Meeting with SVP engineering and somehow
The PM is in the process of deciding how to go about defining what all is to procured and what should be the plan or strategy. The sponsor and PMO informed that we must know the detailed description of work to be done by the vendor, should we build it ourselves vs get ready made from outside, and
This project has been going on for the last three years and no one knows what is going on or what it intends to achieve? The PMO asked the PM to explain why this project should continue? What will the PM do?A. Suggest shelving the project as it is going for three years.B. Projects do have long life
The Agile implementation being pursued by the new team is not giving favorable results and the management is considering shelving the Agile framework and reverting to a waterfall delivery system. The Agile expert is trying to share what items can be improved to make it better. While all are
A Project Manager is looking at several earlier Project Reports to put together his proposal to key stakeholders but sponsor says he is only interested in understanding the most important financial justification for the project. What should the project manager do?A. Focus on PBP and ROI analysis
The customer wants to keep the vendor engaged, involved, and contribute to the success of the project as a partner in progress and create a win-win situation. The stakeholders want the PM to pick up the contract where vendor will be most motivated. What Should PM do?A. FFP B. FPIP C. CPIF D. CPFF
An agile project is being developed.The stories which are requirements are not estimated as in traditional projects in hours but estimated in story points.The PM who is new to agile wants to use those story point estimation techniques.Which of the following should he use?A. Fibonacci, planning
This customer is hard, unsure, demanding, and does not know exactly what they want. The Agile project manager is in the middle of this project and the team is not sure what to do as requirements are changing continuously. What should the PM do?A. Build high value item in a prototype & demo a
The PM is evaluating and Monitor Risks for his project and trying to understand how the risk management is being handled, does it need any improvement, status, progress, review etc. What will be the major activity performed by the PM here? What will the PM do?A. Inspection of deliverables B. Review
An agile project has been going on for sometime now, in one of the sprint review meetings the stakeholder from the finance team are invited and they feel after making all calculations of capacity, velocity, budget, and forecasts that the expenses are too high and the project will not meet ROI
When the team is doing the project work & creating deliverables,the PM is responsible for directing & managing the project work and ensuring things are going according to the plan.As far as risk is concerned,when the work is being done,what PM is most concerned about?A. Implement Risk as planned.B.
The Project Manager is in the process of finalizing a vendor based on proposals received in the Bid Conference. This project has several externalities.The PM just came out of a meeting with the sponsor who wants to reduce the project cost and needs to know how to cut down the external costs?Which
Company had lofty plans to release the latest smart phone in the market but suddenly they realized they ran out of money due to excessive marketing and media promotions impacting product budget and the sponsor asked PM to release quickly so that money spent in development could be recovered. What
A project team is meeting to understand the goals and objectives for the project are well understood and will be delivered. It was found a few team members are not aware of the project vision and business value. What should the project manager do going forward to get desired and expected results?A.
Team is not able to complete user stories as expected. They decide to pick up stories that are easier and can be finished quickly. This might impact customer needs. The Project Manager is concerned. What should he do? Who is responsible for maximizing value delivered?A. Scrum Master B. Development
Most organizations start as simple start ups but often end up being hierarchy driven inefficient bureaucracies. Some specialize based on products and geographies. As a PM of a performing organization what Organizational structure you recommend to client starting Project oriented forms as most
A team of 9 people is having their daily stand up meeting & a new member who just joined starts introducing himself. He asks everyone else to give their introduction so that he knows what they are doing on the project.How should the Agile PM address this issue?A. Let the team members introduce
The new PM wants to understand how he can access systems for his project delivery. There are too many systems in place complicating the situation and creating a lot of confusion. what all Organization systems are there and how they are governed- what dynamic systems are in place and how they relate
The PM is leading a project where a vendor is engaged in a fixed price contract and the project requirements and timelines have been clearly defined and shared with the vendor. The sponsor just had a meeting with the PM and is worried about cost overrun.How should the project manager address
A company has started agile project management recently. The team members got the training and have fair understanding and acceptance of the agile principles and values. The challenge is coming from the leadership who seem to question many concepts of agile such as team empowerment and ownership.
A PM is using a Bubble Chart for Qualitative Analysis of Risks Identified based on three dimensional scale- detectability (can we find them), proximity (how soon it can happen), and impact it can create (bubble size).Which One should bother the PM the most?A. Multiple Bubbles at one place B.
An agile project has just started and the team is having a hard time understanding requirements clearly. The Project manager asks sponsors to clarify the stories from time to time. The PM is concerned about building the right product. What should the project manager do?A. Ask the team to work hard
While performing Qualitative Analysis & creating a PXI Matrix- to know Hi- Med- Low risks for a project,the PM gets following Data,which one should the PM be most concerned about.A. Red- PI Score 5X12=60 B. Green - PI Score 4X3=12 C. Yellow - PI Score 6X8=48 D. Blue- PI Score - 1X1= 1
The PM found some defective deliverables that have been not accepted and rejected by the quality department. When PM approached the Vendor, they said, it meets all the requirements and specifications as laid down in SOW and contract signed. The vendor is insisting Release of the Final Payment and
The sprint planning meeting is going on and the team has defined the user stories at a high level as development, testing, etc. Is that a problem?What will you do as a Project Manager?A. Ask team members to have a proper task level description and estimation B. Ask a senior person in the project
Recent supply chain issues has created problems for the project and the outsourced chip that was to come from China is expected to be delayed significantly. This can delay the new Laptop under development release by three months or more. What PM should do?A. Report this as an Enterprise
An Agile team is stuck as everyone seems to have a different understanding of the project goal. How can the Agile PM solve this problem?A. Share Release Plan B. Review Vision Statement C. Discuss Roadmap D. Conduct Iteration Plan
The team is located all over the world and works in different time zones. The problem is that Everyone keeps their own record and when asked to present everyone comes up with a different story. How should the project manager solve the problem?A. Engage in structured virtual communication using
A PM is fighting the PMO to get resources and support. The steering committee has recently made a decision to follow the latest trends in PMO structure and set up. What should the PM understand and follow in the future to get support?A. Al PMO have been closed down in companies as per framework B.
One Senior Stakeholder complained to the sponsor that he does not receive any communication from the PM on this important project that affects his business unit and vertical. Sponsor calls a meeting with the PM and explains to him that the most important job of the PM is communications.What % of
Some of the team members are not attending the daily stand up meetings during the whole sprint despite several reminders.What problems can a project manager expect to happen?A. There is lack of transparency of what everyone is working on B. The issues and roadblocks are not surfacing C.
The PM is having a tough time managing the team and members are leaving the project to join other teams such as AI, Data Science, Blockchain group, etc. These teams work with collaboration and create continuous new knowledge. What Leadership skills will help the most?A. Autocratic style is
Daily Scrum is going on and the team members share what they have done yesterday, what they are working on today, and what is blocking them.They have the Kanban board in front of them when they have meetings.Teams update the board daily. This team is not updating the board. As a Project manager
The company struggles to deliver projects in line with stakeholders expectations who are annoyed by unreasonable delays. One of the major challenges has been lack of suitable employee availability and skills that has affect projects. Sponsor insists on speedy releases. As a PM what will you do?A.
A company is new to agile and has a very top driven culture.Everything goes to the senior management for approval and following the rules is very important. The PM decides to conduct a culture assessment survey. The more he finds being on the left side of the following continuum the better will be
The PM is working on the project and communicating with team and stakeholders regularly. Body Language, tone of voice, nonverbal communication - what percentage of importance should be given by the PM to different forms of communication?A.Verbal- 55%, Visual-38%, Vocal-5%B. Verbal- 38%, Visual-7%,
An agile project has some flow problems. The CFD Cumulative flow diagram has three main areas- red, yellow, and green.The work starts in the queue, gets into the system and progresses, and then moves to the final stage of completion. How the project manager should solve the problem and what should
The PM is deciding how to effectively communicate with stakeholders in his project. Which document should he look at?A. Communication Management Plan B. Stakeholder Engagement Matrix C. Issue Logs D. Stakeholder Register
Team members are leaving the project and looking for another opportunity in the company by requesting HR or even some are willing to leave the company. PMO is concerned about attrition. What are the problems that can lead the PM to this situation?A. Visionary, optimistic, and collaborative B.
The Project Manager has been asked by PMO to choose the one style he will not follow on his project, based on some team members' feedback.Which one is that PM should avoid?A. Authoritative leadership style B. Interactional is a mixture of transactional and the other two C. Transformational is
How can a PM build effective communications with others?A. Confidence B. Conviction C. Trust D. Transparency 122. Q. The project manager is facing a problem in his agile project. Not much work is being completed. Time boxes are good but often the team fails to deliver anything. Some sprints are
A PM is deciding the strategy to be followed for effective communication on the project. He decides to adopt all of the following from start to finish, except one of them.A. Identify communication needs B. Plan communication C. Manage communication D. Monitor communications 120.Q. A project manager
A PM is working on a project and sees lots of politics around him. He sees people are only interested in power equations. He get confused, does not know, how to handle it, and meets the sponsor to discuss options. A good PM knows that:A. Politics is bad and negative B. Politics is neither good or
The Agile project is expected to get behind in delivering as per plan.The Daily standup meeting is taking more time and sometimes goes from 45 minutes to 1 hour. What could be the possible reasons except ?A. Requirements are being discussed and elaborated B. Status and progress for the project is
The project manager is in a dilemma on how to solve the problem. In choosing between Waterfall vs agile for the ‘analyze- design - build -test -and deliver cycle’. Once the team creates a new component of the system then the need for steep learning is reduced and speed becomes important to
There is too much miscommunication and misunderstanding in the project as many cross cultural stakeholders and dimensions are there. The PM decides to solve this problem by following the Communication model to reduce ‘Noise’ in the communication due to emotional state, bias, culture etc.The
User stories are getting delayed in an agile project significantly. It is expected that the project will get delayed. How should the project manager take care of this problem?A. Ask sponsor to allocate some extra budget and time for it B. Update resource calendar to adapt to new realities C. Ask
One of the stakeholders is continuously directly interacting with the team and forcing them to work on his requests for change. He also insists on getting frequent status updates from the team on changes requested by him.This has reduced team morale and disturbs their work and impacts their
The Team complained to the HR regarding the behavior of the PM who was rude, demanding, controlling, and would push the team forcing them to do things. The sponsor removed the PM and is now looking for a new PM. Personality is a very important facet of a PM’s role. All the following qualities we
A project is moving from a predictive to agile approach of project management. The team is new to Agile. The Project Manager explains to the team that all the events and ceremonies must happen as per agile framework, which one is the correct sequence PM should apply?A. sprint refinement,Daily
The work was completed in an iteration and the sprint came to an end.The team did not get a chance to reflect on what went wrong, what went right, and started work on the next iteration. It appears the team is repeating the same mistakes they made in the last iteration. The team does not seem to
Building construction project work is going on. A model house was made by the builder and customers paid based on that model home only and expect to get nothing less than that and are not willing to pay more for any extra work. How should the project manager solve this?A. Plan driven approach but
On the project Two Team members are continuously fighting over some software coding issues and trying to blame each other for bugs and take credit for the last timely release of high quality. How can the PM solve the problem?A. Avoid or withdraw from situation and ignore till like adults they
The sponsor and stakeholders state that we are not going to follow any phase gate approach from waterfall, instead, that we will follow agile as we are going agile in our company projects. In agile we will follow the most popular Scrum. We will have a time boxed duration of 2-4 weeks for each
A Project is struggling to achieve its objectives and there is lack of coordination, communication, and everything seems to be scattered around.Everyone seems to be happy but the project is not reaching anywhere. After spending several hours trying to figure things out, the PMO calls for a meeting
Agile is becoming popular in project management. One popular technique in Agile is Scrum. In Scrum the 3 most important roles are as follows. Project Manager and Scrum Master are both servant leaders and facilitators acting as a lead. The sponsor asks PM to pick up his team and define roles. What
Everyone seems to have their own name for the phase gate approach.The project manager is following the PMI laid down terminology, approach, and philosophy in delivering the project. How should he refer to this approach?A. It is a Plan driven approach as the plan is most important part of the
A PM was facing a challenge on a project where key team member resources were leaving as the functional manager was keen to put some team members on another project. The PM is thinking to negotiate with the functional manager and influence them by agreeing to give only 2 of them out of 4 but
A project is getting delayed so the project manager decides to use the float and is comparing the floats on different paths to see what options he has to get the project completed as planned. Which of the following he can use to understand the situation better?A. Free Float B. Total Float C.
A release planning is going on for a project. There are going to be 5 sprints or iterations. Q1,Q2, Q3,and Q4 each quarter will have a release. The stories are being prioritized. The team members are stating it should be a value measure for prioritizing a story in the backlog. What is the problem
For the current project, all the activities are identified by the team but the problem is that now the PM needs to put all of it together to understand how they relate to each other and what can be done to get things done faster.What should be PM’s least concern?A. Create WBS B. Dependency
A project manager is confused which approach to apply waterfall vs agile and uses existing knowledge to understand and make a decision.Which of the following is not true and the project manager should not pay attention to it?A. Stacey chart & Cynefin framework say the similar thing on choosing the
A Team is consistently doing a good job and seem like a perfect example of excellent work done in a collaborative manner. Project was delivered on schedule, in budget, and met requirements. Sponsor is very happy and wants to celebrate. The PM wants to showcase this team to entire organization. What
During a project retrospective it came to light that some team members are working extra hours during the whole sprint so that work can be completed as per sprint plan and release plan. What should the Agile PM do?A. Request extra budget from sponsor to reimburse them for overtime hours B. Hire new
The PMO had a meeting with a potential PM for this prestigious project and asked him if he will be able have complete integration of the project, the PM said yes, what does Integration means in this context?A. Manage project from starting of charter to finishing at closing B. Putting all the
A new PM working on Agile is having a hard time understanding so many of the requirements coming all the time. The Product owner explains to him that the Product backlog is like an iceberg floating on ocean water- what we see on the top is the tip but more than 90% of the iceberg is hidden. If you
There are two projects one for 100$ Million expected net profit Sigma Project and another one Zeta project for 140$ Million expected net profit.The PMO decides to go with Sigma Project. What is the opportunity cost for selecting the Sigma Project.A. 40$ Million B. 100$ Million C. 140$ Million D.
The project manager is debating with stakeholders to select the agile approach based on size of the project, the size of the team, and nature of expenses done to build features. Depending on team size, the nature of expenditure based on comfort vs essential.This defined approach can be clear or the
This project is creating a new product that will help increase sagging revenues by 30%. The Team members are not working well. There is a lot of infighting, jealousy, and everyone tries to take credit for work done. Seems like they inherited this behavior from the previous set up. Sponsor gets a
A new project is being rolled out. The Sponsor asks the PM to consider looking at ‘Virtual Teams’ not only to keep budget under control but tap our global talent pool. Sponsor asks PM to research and submit him a report and make a presentation on the same. While weighing different options the
The team completed the work on the project deliverables. There was a Definition of Done for the stories- DOD. The problem was everyone followed their own definition of completion. What should the Project manager accept as not done?A. Team and PO have same understanding of completion B. We are
The Project Charter has been approved by the Steering committee and funding committed. The sponsor asks the Project Manager to come up with a plan of action for how everything will be done in the project before getting the team and starting implementation of the project work. As a PM what will you
The project is being delivered using the Agile framework. The requirements are not clear and are ambiguous and the team went from last iteration to the next one without discussing possible changes in backlog due to work done in last sprint and changing priorities. The PM decides to have Backlog
The project manager is struggling with quality issues once the increment is released. Team does produce shippable work each sprint but there is a lot of technical debt leftover. The PM wants to solve this problem by bringing in some techniques from this Agile approach. In this approach the focus is
As a PM of a project the person is responsible for getting the resources selected. What steps will the PM follow to get the project resources onboarded. What PM will do?A. Acquire Resources B. Pre assignment C. Resource Calendar D. Resource Management Plan A.. A -B- C B. A-B-C-D C. A-D-B-C D.
Two agile teams Ninja (N) and Warriors (W) are working in parallel to deliver some features that have dependencies. Team N depends on Team W to deliver its results. How work must be done in this scenario and the role the PM should play?A. Ninja (N) and Warriors (W) must work together to resolve the
Defects are being observed in the deliverables and the customer did not accept them and returned it. The PM wants to conduct tests to see what is causing them and how they can be fixed? Following techniques can be used, except?A. Cause and effect B. Control chart C. COQ.D. Histogram
This important project is starting and being worked upon and the PM is working on it along with the Sponsor. The sponsor asks a question: when are we going to finalize the Development approach for this project? What should the PM say?A. The Charter stage B. Project Management Plan stage C. Business
A key stakeholder misses the important project meetings and the PM needs to grab his attention to make this project successful. What should the PM do to enhance engagement?A. Ask Sponsor to intervene and mandate the stakeholder to attend all meetings.B. Request Meeting with stakeholder’s SVP to
During a Sprint planning meeting the product owner states that all the stories have the same critical priority and he doesn't know how to prioritize them? What should the Agile PM do?A. The product owner can take help from scrum master in understanding priorities B. The product owner can take help
The product is going through the next release and some features are picked from the last version and then new ones are added. While working on the next release team found out that the correct system is not being followed to add features. The PM should look at the following document to help clarify
A senior developer has to be taken on an urgent leave of absence due to some personal reasons for a few weeks. He was working on a very important increment and had expertise on the issues faced. What should the Agile PM do?A. Ask sponsor to increase budget to hire a new resource quickly B. Increase
Which one of the following is not an example of an agile framework that a project manager would not like to apply to a project meeting agile requirements?A. Agile framework- XP, Crystal,or Scrum B. Agile FDD, DSDM, or AUP C. Agile TDS,SAFeD, XXP D. Agile ScrumBan, Kanban, or Lean
A project team did not perform UAT User Acceptance Tests this time on a deliverable because it worked fine in many previous tests, but it failed to run in the final release to production. What should the project manager do to identify the reason for failure?A. Have an audit of the whole process.B.
A project manager is implementing an agile project and stakeholders have asked to use lean concepts in Agile. What should the PM use?A. Use Scrum framework as it has lean B. Work with SAFe as it only has lean C. Try Kanban as it is related to lean D. Almost all Agile Frameworks use lean principles
There are too many bugs observed in the software developed. It is not running. It is not worth doing defect repair. The code can be written from scratch again. The PM is debating what to do? What will help the PM make a decision?A. Cost of Quality COQ B. Alpha Tests then Beta Tests C. Cost Benefit

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Best PMP Exam Prep Guide 2023-2024 1st Edition Dr. Sam Swapn Sinha - Solutions

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