The termination clause and alternative dispute resolution (ADR) mechanism for each procurement in a project is documented in: A. Scope StatementB. AgreementC. Resource CalendarsD. Source Selection Criteria Show Answer B. Agreement
PMP Exam Set F – Q71
A ___________ is a collection of projects or programs grouped together for strategic business needs. A. PortfolioB. Management SystemC. EnterpriseD. Array Show Answer A. Portfolio
PMP Exam Set F – Q70
John is attempting to calculate the average financial impact of some future uncertain scenarios. What method could he use? A. Pareto analysisB. Earned value analysisC. Variance analysisD. Expected monetary value analysis Show Answer D. Expected monetary value analysis
PMP Exam Set F – Q69
Which of the following is a tool or technique used in the Monitor and Control Project Work process? A. Expert judgmentB. Rejected change requestsC. Earned value techniqueD. Change control tools Show Answer A. Expert judgment
PMP Exam Set F – Q68
Which of the following is accurate regarding Project Integration Management? A. Project deliverables are not part of Integration ManagementB. It involves the integration of process groups and not individual processesC. The need for it becomes evident in situations where individual processes interactD. It involves disregarding trade-offs and focuses on clearly articulating how accomplish all requirements
PMP Exam Set F – Q67
As project manager, you find you are constantly dealing with conflict amongst your team members. Everyone argues over sharing available project resources so you plan to use a conflict resolution method to alleviate the tension between team members. What conflict resolution method is NOT recognized by the Project Management Institute? A. ForcingB. WithdrawalC. ElaborationD. Smoothing
PMP Exam Set F – Q66
Which of the following is the correct statement regarding the Identify Stakeholders process? A. It is a discrete process.B. It is an optional process.C. It is an iterative process.D. It is a planning process. Show Answer C. It is an iterative process.
PMP Exam Set F – Q65
A project manager is estimating project costs and needs to decide whether the estimates will include only direct costs, or whether the estimates will also include indirect costs. In which of the following phases does this decision need to take place? A. Define ScopeB. Estimate CostsC. Plan ExpensesD. Determine Budget Show Answer B. Estimate Costs
PMP Exam Set F – Q64
Due to unforeseen circumstances your supplier has run out of the cement needed for your construction project. What is the BEST strategy for dealing with this issue? A. Implement a workaroundB. Implement the contingency response strategyC. Refer to the risk registerD. Refer to probability and impact matrix Show Answer A. Implement a workaround
PMP Exam Set F – Q63 ( PMBOK 6th edition )
You are a project manager for KTmart and are currently engaged in a highly visible project. The company is about to implement an independent review to ensure that the project work is continuing to comply with the project’s policies, processes, and procedures. During which process would this review occur? A. Close Project or PhaseB. Control