A project was estimated to cost $ 200,000 with a timeline of 10 months. Due to a shipment delay, the schedule was slightly delayed. This was however made up by receiving the first batch of materials for the project by air. The net result was that there was some additional cost in the project. At
PMP Exam Set B – Q31
RACI stands for __________ , __________, __________, __________. A. Review, Analyze, Calculate, ImplementB. Responsible, Actual, Complete, InformativeC. Roles, Activities, Costs, InstructionsD. Responsible, Accountable, Consult, Inform Show Answer D. Responsible, Accountable, Consult, Inform
PMP Exam Set B – Q30
You have just taken over a project from another project manager about 6 months into a 12-month project. As you get to know the staff on the project, you become aware that 5 staff members are relatives of the previous project manager. What do you do? A. Notify your project stakeholders there is a possibility
PMP Exam Set B – Q29
A buyer and seller fixed up the rates for junior engineers, senior engineers, architects, and other predefined roles. In what type of a contract would this be applicable? A. Fixed price with economic price adjustment contractB. Fixed price incentive contractC. Fixed-price contractD. Time and material contract Show Answer D. Time and material contract
PMP Exam Set B – Q28
Emily is managing a process improvement project. She is currently identifying her project stakeholders and populating the stakeholder register. The project sponsor has asked Emily to use the project’s procurement documents as an input to this process as well. What could be the reason behind this request? A. This is an internal project and the
PMP Exam Set B – Q27 ( PMBOK 6th edition )
As part of risk planning, some responses are designed for use only if certain events occur. A project manager of a multi-year project decided to trigger one such set of responses during the Monitor Risks process. Which of the following is likely to have triggered the responses? A. Late receipt of status reportsB. A key
PMP Exam Set B – Q26
Large variations in the periodic expenditure of funds are undesirable for organizational operations. Therefore the expenditure of funds is frequently reconciled with the disbursement of funds for the project. According to the PMBOK, this is known as: A. Disbursement reconciliationB. Expenditure ReconciliationC. Budget ReconciliationD. Funding Limit Reconciliation Show Answer D. Funding Limit Reconciliation
PMP Exam Set B – Q25
A project manager would like to resolve conflicts with a give-and-take attitude rather than using a one-sided approach. Which of these approaches is he likely to use? A. ForcingB. Problem-solvingC. DirectingD. Withdrawing Show Answer B. Problem-solving
PMP Exam Set B – Q24
A point in time that a project or project phase is authorized to its completion is called: A. Project scopeB. Control limitC. Project thresholdD. Project boundary Show Answer D. Project boundary
PMP Exam Set B – Q23
You are the Project Manager for a large petroleum company and are in the process of writing the project charter for your sponsor. You have used the following as inputs except: A. Business case for the projectB. Project statement of workC. Work breakdown structure (WBS)D. Project contract Show Answer C. Work breakdown structure (WBS)