PMP Exam Set C – Q11

You took over a project from an individual who was let go. You are reading the project documentation and found the project charter was signed by five managers. What should be your primary concern at this time?

A. Determining reporting structure
B. Communicating in a matrix organization
C. Getting a single sponsor
D. Identifying who can represent the project for change control

C. Getting a single sponsor

PMP Exam Set C – Q10

Why is it important to have a staff release plan for people within the project team?

A. It helps people manage their time.
B. The project protects itself from lawsuit.
C. It is not important.
D. The project saves money by releasing people from the project at the right time and morale is also improved.

D. The project saves money by releasing people from the project at the right time and morale is also improved.

PMP Exam Set C – Q9

Jane is working for a chemical industry and her management proposed two different projects to manufacture Benzene for commercial use. After doing financial analysis, the financial advisor provided her the following statistics about the projects.
Project-1: 60% probability of success with a profit of $500,000 and 20% probability of failure with a loss of $200,000;
Project-2: 30% probability of success with a profit of $300,000 and 30% probability of failure with a loss of $400,000;

Based on the information above, Jane must choose:

A. Either project-1 or project-2
B. Neither project-1 nor project-2
C. Project-2
D. Project-1

D. Project-1

PMP Exam Set C – Q8

The Identify Stakeholders process is an initiating process. At this stage, which of the following organizational process assets is the most crucial input to this process?

A. Change control procedures
B. Lessons learned from previous projects.
C. Financial control procedures
D. Risk control procedures

B. Lessons learned from previous projects.

PMP Exam Set C – Q6

Emily is the project manager of a project that has a timeline of 18 months. Emily has planned for daily status reports to be sent out to all stakeholders. After receiving two such reports, the project sponsor informs Emily that she would only like to have fortnightly reports. Emily had done an analysis of communications requirements and considered various attributes for the communications management plan. What aspect has she missed out, which resulted in a daily status report being sent out instead of fortnightly status reports?

A. She has not considered the frequency of information distribution.
B. She has not considered the purpose for distribution of information.
C. She has not considered the timeline of the project.
D. She has not considered the content of the information to be distributed.

A. She has not considered the frequency of information distribution.

PMP Exam Set C – Q4

Your project schedule shows a 15 month finish, but your customer has just realized there is a regulatory requirement to complete the project by a certain date and insists this project must be finished in 12 months. Which of the following is the best approach?

A. Tell the customer it can be done, then cut your estimates by 20%.
B. Cut the scope by 20%, tell the customer the critical path has changed, and resubmit the schedule for review.
C. Stand your ground. Cutting scope or time will result in an inferior project outcome.
D. Inform the customer of the impacts, then crash the project.

D. Inform the customer of the impacts, then crash the project.