Untitled Quiz
40 Questions
2 Views

Untitled Quiz

Created by
@ToughestTheme

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What could have been done to avoid the issue of not having the expertise or time to complete a deliverable?

  • Create a scope management plan
  • Create a risk management plan
  • Create a human resource management plan
  • Create a procurement management plan (correct)

    • At which stage of the project should factors like the unavailability of human resources be considered?

  • Execution
  • Initiation
  • Monitoring and Controlling
  • Planning (correct)

    • What is the primary benefit of using virtual teams in the Acquire Project Team process?

  • Reducing the possibility of communication misunderstandings
  • Reducing cultural differences of team members
  • Reducing the costs associated with travel (correct)
  • Reducing the costs associated with technology

    • What is an input to the Sequence Activities process from the Planning Process Group?

    <p>Milestone list</p> Signup and view all the answers

    Which process identifies whether the needs of a project can best be met by acquiring products, services, or results outside of the organization?

    <p>Plan Procurement</p> Signup and view all the answers

    What is a component of the risk management plan?

    <p>Definitions of probability and impact</p> Signup and view all the answers

    What is the purpose of the risk management plan?

    <p>To identify and mitigate risks</p> Signup and view all the answers

    What is the benefit of having a procurement management plan?

    <p>To acquire the necessary resources and expertise</p> Signup and view all the answers

    Which activity is an example of contract administration?

    <p>Authorizing contractor work</p> Signup and view all the answers

    In the Plan Stakeholder Management process, expert judgment is used to:

    <p>Decide the level of engagement of the stakeholders at each required stage</p> Signup and view all the answers

    What is the risk rating if the probability of occurrence is 0.30 and the impact if it does occur is moderate (0.20)?

    <p>0.06</p> Signup and view all the answers

    At which phase is the rough order of magnitude (ROM) estimate in the range of +/- 50%?

    <p>Initiation phase</p> Signup and view all the answers

    What is the purpose of contract administration?

    <p>To manage the contractual relationship with vendors</p> Signup and view all the answers

    In which process is expert judgment used to analyze the information needed to develop the project scope statement?

    <p>Collect Requirements</p> Signup and view all the answers

    What is the purpose of negotiating the contract?

    <p>To reach a mutually acceptable agreement with the vendor</p> Signup and view all the answers

    What is the primary output of the Plan Stakeholder Management process?

    <p>Stakeholder Management Plan</p> Signup and view all the answers

    What are the outputs of the Monitor and Control Project Work process?

    <p>Requested changes, forecasts, recommended corrective actions</p> Signup and view all the answers

    What event would result in a baseline update?

    <p>A customer has approved a change request broadening the project scope and increasing the budget</p> Signup and view all the answers

    What process generates outputs including forecasts, requested changes, and recommended corrective actions?

    <p>Risk monitoring and control</p> Signup and view all the answers

    What type of estimating produces higher levels of accuracy depending on the sophistication and underlying data built into the model?

    <p>Parametric</p> Signup and view all the answers

    What is the primary purpose of the Monitor and Control Project Work process?

    <p>To track and measure project progress against the project management plan</p> Signup and view all the answers

    What is the output of the Monitor and Control Project Work process that is used to request changes to the project scope or schedule?

    <p>Requested changes</p> Signup and view all the answers

    What is the term for the process of tracking and measuring project progress against the project management plan?

    <p>Controlling</p> Signup and view all the answers

    What is the purpose of the forecasts output in the Monitor and Control Project Work process?

    <p>To predict future project performance</p> Signup and view all the answers

    In which process is the project charter an input?

    <p>Develop Project Management Plan</p> Signup and view all the answers

    What is compared to actual results to determine if corrective action is required for the project?

    <p>Scope baseline</p> Signup and view all the answers

    What type of project structure is a hierarchically organized depiction of the resources by type?

    <p>Resource breakdown structure (RBS)</p> Signup and view all the answers

    In which Project Management Process Group is the project charter developed?

    <p>Initiating</p> Signup and view all the answers

    What is an output of the Develop Project Team process?

    <p>Team performance assessments</p> Signup and view all the answers

    Identify Risks is part of which Process Group?

    <p>Planning</p> Signup and view all the answers

    Why do milestones have zero duration in project planning?

    <p>They represent a moment in time such as a significant project point or event.</p> Signup and view all the answers

    What is an input to the Develop Project Management Plan process?

    <p>Project charter</p> Signup and view all the answers

    What is a complete set of indexed contract documentation, including the closed contract?

    <p>Procurement file</p> Signup and view all the answers

    What is the name of the website that provides PMP question and answers?

    <p>Certleader.com</p> Signup and view all the answers

    How many questions and answers are shared by Certleader?

    <p>918</p> Signup and view all the answers

    What is the guarantee period for a money-back guarantee?

    <p>90 days</p> Signup and view all the answers

    How long is the free update period?

    <p>1 year</p> Signup and view all the answers

    What type of support is provided?

    <p>24x7 online support</p> Signup and view all the answers

    How many customers does the company currently serve?

    <p>30,000,000</p> Signup and view all the answers

    What protects all transactions?

    <p>VeriSign</p> Signup and view all the answers

    Study Notes

    Project Management Professional (PMP) Exam Questions

    • 918 Q&As shared by Certleader

    Topic 1: Project Management Fundamentals

    • Contract administration involves authorizing contractor work
    • In the Plan Stakeholder Management process, expert judgment is used to decide the level of engagement of stakeholders at each required stage
    • Risk rating is calculated by multiplying the probability of occurrence and the impact
    • Rough order of magnitude (ROM) estimates are in the range of +/- 50% during the Initiation phase
    • The project charter is an input to the Develop Project Management Plan process
    • The scope baseline is compared to actual results to determine if corrective action is required
    • A resource breakdown structure (RBS) is a hierarchically organized depiction of resources by type
    • The project charter is developed in the Initiating Process Group
    • An output of the Develop Project Team process is team performance assessments
    • Identify Risks is part of the Planning Process Group
    • Milestones in project planning have zero duration and represent a moment in time

    Topic 2: Project Planning and Execution

    • A project team may need to create a procurement management plan to produce a deliverable on time
    • Factors such as unavailability of human resources due to constraint should be considered during the Planning phase
    • Definitions of probability and impact, revised stakeholder tolerances, and tracking are components of the risk management plan
    • Virtual teams can reduce the costs associated with travel
    • The milestone list is an input to the Sequence Activities process
    • The Make-or-Buy decision identifies whether the needs of a project can best be met by acquiring products, services, or results outside of the organization

    Topic 4: Monitoring and Controlling Project Work

    • Requested changes, forecasts, recommended corrective actions are outputs of the Monitor and Control Project Work process
    • A baseline update is required when a customer has approved a change request broadening the project scope and increasing the budget
    • Forecasts, requested changes, recommended corrective actions, and organizational process asset updates are outputs of the Risk Monitoring and Control process
    • Parametric estimating can produce higher levels of accuracy, depending upon the sophistication and underlying data built into the model
    • A Work Breakdown Structure (WBS) is a hierarchical decomposition of the project into smaller components

    Topic 5: Procurement Management

    • A procurement file is a complete set of indexed contract documentation, including the closed contract

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Related Documents

    PMP Dumps PDF

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser