After brainstorming potential project risks, what is the recommended method for prioritizing these risks and their mitigation plans?
A. RACI chart
B. Control chart
C. Fishbone Diagram
D. Probability and impact matrix
PMP Exam Set D – Q100
What similarity exists between a cost-reimbursable contract and a time and material contract?
A. They are open ended
B. The closure date is part of the contract.
C. They have fixed bonus rates.
D. They can never grow in value.
PMP Exam Set D – Q99 ( PMBOK 6th edition )
Jane is managing an office refurbishment project. All of the project stakeholders have been identified and classified. The stakeholder management plan has also been approved. Jane is managing a project for the first time in her life and she is relying on the PMBOK guide as a reference to deliver a great project.
Which of the following processes would provide guidance to Jane regarding how to execute the approved stakeholder management plan?
A. Monitor Stakeholder Engagement
B. Manage Stakeholder Engagement
C. Identify Stakeholders
D. Plan Stakeholder Engagement
PMP Exam Set D – Q98
Negative risks can either be ___________ , transferred, or mitigated as a countermeasure.
A. enhanced
B. avoided
C. exploited
D. ignored
PMP Exam Set D – Q97
Mark is managing an airport construction project. He is currently identifying his project stakeholders and he has already got a huge list of stakeholders. Managing expectations of each and every project stakeholder is not practical. What should be done in this situation?
A. Project stakeholders should be prioritized based on their influence and interest.
B. Stakeholder analysis should be outsourced.
C. Non-key stakeholder should be dropped from the stakeholder register.
D. Stakeholder management processes should not be followed for such complex projects.
PMP Exam Set D – Q96 ( PMBOK 6th edition )
How will an organization with a weak matrix organization structure affect the Plan Resource Management process?
A. The project manager will have no authority on the project.
B. The project manager will have a stronger role.
C. The project manager will have a relatively weaker role.
D. The project manager will have full authority.
PMP Exam Set D – Q95
Bill and Jake are two team members in a project. They do not get on well, and are constantly involved in verbal fights. The project manager steps in to resolve the situation. As an experienced project manager, he understands the characteristics of conflict and the conflict management process. Which of the following is not a characteristic of conflict?
A. Openness resolves conflict
B. Conflict is natural and forces a search for alternatives
C. Conflict is inevitable in a project environment.
D. The project manager is not responsible for conflict management.
PMP Exam Set D – Q94
At division project status meeting, a dashboard of cost metrics for each project is distributed to all attendees, and each project manager is presenting the status of their project. The metrics for one project show a BAC of $1100, an EV of $998, and a EAC of $1099. However the project manager is reporting an ETC of $354 in her presentation. What do you do?
A. Notify the appropriate management there is a calculation error.
B. Nothing.
C. Advise the project manager to take the additional funds from her project contingency budget.
D. Congratulate the project manager for being under budget.
PMP Exam Set D – Q93
Which technique is NOT commonly used to align the timing of activities with available resources?
A. Critical Path Method
B. Resource Leveling
C. Critical Chain Method
D. Resource Smoothing
PMP Exam Set D – Q92
Two efficiency indicators that reflect the cost and schedule performance of a project are:
A. Cost Projection Index (CPI) and Schedule Projection Index (SPI)
B. Cost Performance Index (CPI) and Schedule Performance Index (SPI)
C. Actual Cost (AC) and Planned Value (PV)
D. Cost Pricing Index (CPI) and Schedule Performance Index (SPI)