PMP Exam Set B – Q12

Sam, a senior project manager, is using a lessons learned knowledge management system to document the findings in a precision instrument manufacturing project. He is using the information from his team which has identified causes of product quality variance using a control chart and the details regarding corrective actions chosen to reduce the variance and

PMP Exam Set B – Q11

As part of the Estimate Costs process, a project manager obtained access to certain commercially available databases to get resource cost rate information. What type of input is such published commercial information considered as? A. Enterprise environmental factorB. Historical informationC. Organizational process assetD. HR Input Show Answer A. Enterprise environmental factor

PMP Exam Set B – Q9

Your project is nearing completion, but a previously unidentified risk has been discovered and it could significantly affect one of the project deliverables. What do you do? A. Transfer the risk.B. Develop a risk mitigation plan.C. Include the issue in the project risk log.D. Notify the project stakeholders immediately. Show Answer D. Notify the project

PMP Exam Set B – Q7

You are on the vendor selection committee for a large IT project that you will be managing for your company. Your friend works for a company that is planning to bid on the project. During a social dinner, the friend tells his job is on the line if his company does not win the contract.