Best Quality PMI PMP Exam Questions RealVCE Realistic Practice Exams [2021]
Critical Information To Project Management Professional (2021 Version) Pass the First Time
NEW QUESTION 195
Your customer wants your project, a process to dump "bad" eggs before it reaches the stores helves, to be completed 5 months earlier than planned. You believe you can meet this target by overlapping project activates. The approach you plan to use is known as:
- A. Leveling
- B. Fast-tracking
- C. Concurrent engineering
- D. Crashing
Answer: B
NEW QUESTION 196
You are working on a project that requires resources with expertise in the areas of hospitality management and entertainment. You are preparing your project schedule network diagram and know that you will use only finish-to-start dependencies. Which of the following diagramming methods does this describe?
- A. PDM
- B. AON
- C. Network template
- D. ADM
Answer: D
Explanation:
The arrow diagramming method uses only finish-to-start dependencies.
NEW QUESTION 197
What should the project manager use to prepare this?
- A. Quality metrics and project deliverables
- B. Quality inspection reports and the lessons learned repository
- C. Data analysis and work performance data
- D. Quality control measurements and work performance information
Answer: D
NEW QUESTION 198
You are the project manager of a company that is building ATM software for a large bank and financial institutions. You have been told that the ATM software must meet very stringent quality standards. Including rigorous auditing of all transactions, ability to recover in case of software/ hardware errors, and fraud detection/analysis and robust two-factor authentication. The ATM system has been shipped to several large banks and customers. However, one of your customers is complaining that your ATM system does not adequately perform two-factor authentication. In fact, there is a potential vulnerability in the software that would allow a sophisticated attacker to withdraw money from other people's account. In light of these issues, your company has decided to recall all the ATM systems, and perform a hardware/ software upgrade. Which of the following best describes these costs associated with your project?
- A. Defect costs
- B. Prevention costs
- C. Failure costs
- D. Rework costs
- E. Appraisal costs
Answer: C
NEW QUESTION 199
Which of the following is an output of a change control system?
- A. Signoff
- B. Impact analysis
- C. Change requests
- D. Approved changes
Answer: D
NEW QUESTION 200
Mike is a project manager for an IT technology implementation project. He is using an ishikawa diagram to figure out what could cause potential risks on his project. Which process is he doing?
- A. Quality Control
- B. Qualitative Analysis
- C. Risk Response Planning
- D. Risk Identification
Answer: D
Explanation:
Diagramming Techniques (including Ishikawa diagrams and Flowcharts) are a tool of the Risk Identification process. You use them to find the root cause of defects in Quality Management processes but they can also be useful in finding the risks that can lead to trouble in Risk Management.
NEW QUESTION 201
The ability of a product to be used for different purposes at different capacities and under different conditions determines its:
- A. Flexibility
- B. Availability
- C. Usability
- D. Operability
Answer: A
NEW QUESTION 202
Constraints common to projects include______________
- A. Resources and communication
- B. Scope, quality, schedule, budget, and risk
- C. Scope
- D. Scope, teaming, planning, and resources
Answer: B
Explanation:
Section: Mix Questions
Explanation:
The constraints include, but are not limited to scope, schedule, budget (cost), quality, resources, and risk.
NEW QUESTION 203
You are project manager responsible for constructing a new sports arena for the upcoming
Olympics. Construction begins on a project over a year ago. The stakeholders of the project want a status report on the performance of the project to date. You've obtained the following measurements:
BAC=500, ETC=200, PV=500, AC=200, EV=300, CPI=1.5
You believe the type of variances that have occurred on the project to date are typical expect these variances to continue throughout the project. Based on the information above, what is the EAC for the project?
- A. a400
- B. 0
- C. 1
- D. 2
- E. 333.33
Answer: E
NEW QUESTION 204
A factor that limits the project team's options, such as a prescribed due date, is called a:
- A. Risk
- B. Constraint
- C. Hassle
- D. Assumption
Answer: B
NEW QUESTION 205
A project requires a component with well-understood specifications. Performance targets are established at the outset, and the final contract price is determined after completion of all work based on the seller's performance. The most appropriate agreement with the supplier is:
- A. Cost Plus Award Fee (CPAF).
- B. Cost Plus Incentive Fee (CPIF).
- C. Fixed Price Incentive Fee (FPIF).
- D. Fixed Price with Economic Price Adjustment (FP-EPA).
Answer: C
NEW QUESTION 206
Receivers in the communication model filter their information through all of the following except ___________________.
- A. language
- B. culture
- C. habits
- D. knowledge of subject
Answer: C
Explanation:
Receivers filter information through cultural considerations, knowledge of the subject matter, language abilities, geographic location, emotions, and attitudes.
NEW QUESTION 207
You're the project manager on a software project that is planning out various approaches to technical work. There's a 20% chance that a component you are going to license will be dif cult to integrate and cost $3000 in rework and delays. There's also a 40% chance that the component will save $10,000 in time and effort that would have been used to build the component from scratch. What's the EMV for these two possibilities?
- A. $13,000
- B. - $600
- C. $7,000
- D. $3,400
Answer: D
Explanation:
The expected monetary value (or EMV) of the problems integrating the component is the probability (20%) times the cost ($3,000), but don't forget that since it's a risk, that number should be negative. So its EMV is 20% x $3,000 = -$600. The savings from not having to build the component from scratch is an opportunity. It has an EMV of 40% x $10,000 = $4,000. Add them up and you get -$600 + $4,000 = $3,400.
NEW QUESTION 208
Which is true about a work breakdown structure?
- A. It shows work elements that have been assigned to various organizational units
- B. It is a deliverable oriented grouping of project elements
- C. It is developed after the baseline schedules and budgets have been developed
- D. It is the same as a code of accounts
Answer: B
NEW QUESTION 209
A project team is reviewing the control chart to confirm that deliverables are within control limits. To guarantee report delivery timeliness, what should the project manager focus on managing?
- A. Time
- B. Communication
- C. Quality
- D. Schedule
Answer: A
NEW QUESTION 210
Which of the following statements are FALSE regarding Herzberg's Hygiene Theory?
- A. Hygiene factors include pay, salary and benefits
- B. Motivation factors include achievement, job advancement, and recognition
- C. None of the choices are correct
- D. Motivation factors help avoid job dissatisfaction but will NOT lead to job satisfaction
- E. Hygiene factors help avoid job dissatisfaction but will not lead to job satisfaction
Answer: D
NEW QUESTION 211
Without a _______ the project cannot start.
- A. WBS
- B. Project Admin
- C. Charter (contract)
- D. Leader
Answer: C
Explanation:
Without Charter (contract) the project can't start.
NEW QUESTION 212
During project closure, the project manager realizes that the issue log is incomplete. Considering the project deliverables and contractual obligations, what should the project manager do?
- A. Accept the incomplete issue log and close the project.
- B. Assign the issue log to the appropriate stakeholders.
- C. Update and archive the issue log, and proceed with project closure.
- D. Ask the sponsor for permission to close the project with an incomplete issue log.
Answer: B
Explanation:
Section: Closing
NEW QUESTION 213
What is a deliverable-oriented hierarchical decomposition of the work to be executed to accomplish the project objectives and create the required deliverables?
- A. Work Breakdown Structure (WBS)
- B. Organizational Breakdown Structure (OBS)
- C. Work Performance Information
- D. Work Package
Answer: A
NEW QUESTION 214
A retail chain is evaluating a project to replace payment systems across all its stores in multiple locations The project does not pass the financial threshold but is also expected to increase market share, improve customer services and retain more customers The project is planned as a phased implementation building on learning from the retrospectives during each phase How should the business increase the value of the project?
- A. Consult with experts on methods to reduce costs and increase the financial value of the project
- B. Quantify the expected tangible and intangible benefits in the benefits management plan for each phase
- C. Use a fishbone diagram to find the root cause of the lower financial benefits with the benefits owner
- D. Ask the benefits owner to reassess the identified risks that are impacting the outcomes of the financial benefits.
Answer: B
NEW QUESTION 215
Which tool or technique allows a large number of ideas to be classified into groups for review and analysis?
- A. Affinity diagram
- B. Nominal group technique
- C. Brainstorming
- D. Idea/mind mapping
Answer: A
NEW QUESTION 216
A project manager uses a facilitator to gather opinions from experts anonymously. What tool or technique of Risk Identification is being performed?
- A. Delphi Technique
- B. Interviews
- C. Brainstorming
- D. SWOT Analysis
Answer: A
Explanation:
The Delphi technique is a way to get opinions and ideas from experts. This is a technique that uses a facilitator who uses questionnaires to ask experts about important project risks. They take those answers and circulate them - but each expert is kept anonymous so they can give honest feedback.
NEW QUESTION 217
An experienced project manager is preparing a kick-off meeting for a new service assessment, in high-level Description or the service has been provided.
What should the project manager do next?
- A. Develop the project charter.
- B. Create the work breakdown structure (WBS).
- C. Define the project scope statement.
- D. Develop the responsible, accountable, consult, and inform (RACI) matrix.
Answer: A
NEW QUESTION 218
During a project's planning session, the project team discussed selecting the required information to be included in the monthly progress report This report will be produced in the Executing and Monitor and Controlling phases and will be used when communicating project progress to the client Match the scenario on the left with the action on the right.
Answer:
Explanation:
NEW QUESTION 219
Earned value analysis is a performance reporting tool/ technique used in the Manage Stakeholders process. Which of the following performance measurements is derived by the following formula: (EV/PV)?
- A. CPI
- B. SPI
- C. SV
- D. VAC
- E. CV
Answer: B
NEW QUESTION 220
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