Home - PMP Practice Exam - Page 32 PMP Practice Exam PMP Practice Exam Newsletter Question 1: You are assigned as project manager on a project that is 35% completed, you observed the conflicts arise among the team members on technical and interpersonal levels. How should you resolve the conflict? You should use your coercive power to quickly resolve conflicts and then focus on goal achievement. A conflict should be handled in a meeting so that the entire team can participate in finding a solution. Conflicts distract the team and disrupt the work rhythm. You should smooth as they pop up. Conflicts should be addressed early and usually in private, using a direct, collaborative approach.Question 2: You are asked for support to develop the project charter for a new project? In your last assignment, you skip the charter and directly developed a work breakdown structure. The project sponsor told you it's important to develop the charter: To describe the process of performing the work defined in the project management plan in order to achieve the project’s objectives. To document how the project will be planned, executed, monitored/controlled, and closed. To formally authorize a project or a phase and document initial requirements which satisfy the stakeholder’s needs and expectations. To link the project, which is going to be planned, executed, and monitored/controlled to the ongoing work of the organization.Question 3: The concept of (the) following states that if changes related to one requirement—scope, time, or cost—will at least influence one other element in a non-linear fashion. Triangular distribution Triple Constraints Triangular Estimation Inverted Agile TriangleQuestion 4: A manufacturing organization is considering starting an initiative that will entail an investment of $1,000,000, based on the business case developed with the support of business and financial analysts. The resultant solution is forecasted to create revenues of $251,000 in the first year after the end of the project and of $420,000 and $425,000 in each of the two following years, respectively. What is the true statement for the net present value (NPV) of the project over the three years cycle at a discount rate of 15%? The NPV is negative, which makes the project attractive. The NPV is positive, which makes the project attractive. The NPV is positive, which makes the project unattractive. The NPV is negative, which makes the project unattractive.Question 5: What does the term Project management best practices generally refer to? A standardized set of Project artifacts and deliverables such as plans, reports, and checklists. A set of Project Management tools and techniques that a project manager should get. The concept of state of the art applied to project management in both waterfall and Agile settings. A specific sequence of work or activities, described in terms of soft logic, that a Project team should performQuestion 6: Peter, an expert Project Manager in the construction sector is working on a multi-million dollar project. He developed a communications management plan that refers to Activity and their status reports Project benefit analysis data, information and insights Stakeholder communication needs and priorities Project performance reports to senior management Question 7: What usually does not manifest organizational cultures and styles? Policies, procedures and governing systems Views of authority relationships and organizational structure Individual traits and attitudes of co-workers Shared visions, values, norms, beliefs, and expectationsQuestion 8: A Disciplined Agile coach training the team members on active listening. She explained that the following are all features of active listening except Making eye contact but neutral and nonjudgmental Filling periods of silence Interpreting the information and Asking for clarification Paraphrasing (Reflecting back what is said)Question 9: As the project manager on an XYZ waterfall project, you arranged a team meeting to identify and analyze lessons learned from quality control with stakeholders. What should you do with them after discussing and resolving the issues? Follow your strategic decisions, independent from lessons learned. Publish them in the corporate newsletter to spread the message to wider and missing stakeholders. Document them and make them part of the historical database for the project and the performing organization for future use. Discuss them with management and make sure that they remain otherwise confidential as they are quality issuesQuestion 10: What should managers consider before conducting a performance evaluation interview with a project team member? How can discussion of the manager’s leadership style be avoided How can dispute related to unsatisfactory performance be avoided Has the employee been provided with sufficient instructions and work tools Which management fallacies can most easily be delegated to the workerQuestion 11: A team using a hybrid project management methodology is working with the product owner and other stakeholders to show the product demo to validate the scope of the iteration. Which document should not be used in this meeting? The requirements traceability matrix, linking requirements to their origin and tracing them throughout the project and product lifecycle. The tested user stories, completed and checked for correctness by the Control quality process. Sprint backlog containing user stories and their planning. The RACI matrix, describing accountabilities in case of sprint user stories rejected.Question 12: How should change management be planned for on a waterfall project? Planning for change management should be done while the various change control processes are being applied. Change management can be planned in a set of management plans or a specific change management plan. Changes are generally not predictable, therefore planning for change management cannot be reasonable.Question 13: Each Project or product team goes through stages of development (Choose the one) Unconscious incompetence, Conscious incompetence, Unconscious competence, conscious competence Forming, storming, norming, performing Inception, Construction, Transition and production Direct, coach, support, delegateQuestion 14: The first phase of the project has been completed and the team is writing lessons learned. What could be NOT a reason for writing lesson learned? Lessons learned sessions help to improve people, process and products in upcoming release or projects Lessons learned focus on identifying those accountable for project failure so that they should not be included in upcoming projects Lesson learned is a good self assessment and team-building exercise for project staff members. Lessons learned are organizational process assets that could be used for future phases of the same project or upcoming projects.Question 15: How can Agile Coach be in touch with work and the attitudes of a product team members? Through the team members’ functional managers and previous colleagues Conducting third-party team assessments and work audits By asking right questions in team meetings regarding work and team members By observing work and communicating with team membersQuestion 16: A traditional project management team has created a living document to use while identifying, analyzing, and managing risks, and implementing risk responses once a risk is triggered? Risk register Risk Learned Register Risk Report Risk PlanQuestion 17: A customer is requiring a minor scope change and expects you to do this without delays and additional costs. You believe that you have adequate authorization to make the decision by yourself, but you are not quite sure. What should be your next steps? A requested change is always an opportunity to get more money paid by the customer and to secretly solve schedule and quality problems. You should make some reasonable estimates on time, costs, risks etc. and then add a nice the margin on top of that to calculate the new price. Handle the request according to the integrated change control processes described in your management plans. Then make a decision together with the appropriate change control body, whether the increased customer satisfaction will be worth the extra costs, work, risks, etc. Before making a decision, you should have a look at the customer’s parking lot. If you find there many expensive, new models, it is likely that you can use the requested change to increase the profit from the contract. Otherwise, you should reject the request. Customer satisfaction is your top priority. The customer gives you an opportunity to increase their satisfaction, which you should use to the maximum benefit. Most project managers have contingencies to cover risks; these can be used to pay the additional costs.Question 18: You are a scrum amster and working as a meeting facilitator. What are the best practices for meeting management Using a flip chart parking lot is must during the meetings to avoid un necessary discussions. give guidance as required without interfering to the participants discussions. Get full control of the discussion and its outcomes so that time should not be wasted always take notes by yourself by using Audio recorder Question 19: As the project manager in a software project using hybrid methodology, you want to assess high-level risks to be added in backlog since start. What should you do? Conduct qualitative risk analysis Develop contingency plans and fallback plans in case the original plan proves wrong. Discuss the risks documented in your product backlog with the project key stakeholders. Set product and project vision and a risk management plan to start identifying risks with your team with available information.Question 20: Jurisdiction is last recommended step in legal dispute between parties. what is a legally required order of formal statements establishing a contract is: RFP, Proposal and offer MoU, Letter of Intent, Signed agreement Offer by the seller that is accepted by the buyer biding, ordering and keeping recordEmailSubmit The Most In-Demand Project Management Certifications for 2025 and Beyond Dec 24, 2019 | BlogThe Most In-Demand Project Management Certifications for 2025 and Beyond Top Risk Management Certifications in 2025: Boost Your Career with PMI-RMP, FRM, CRM & More Dec 24, 2019 | BlogTop Risk Management Certifications in 2025: Boost Your Career with PMI-RMP, FRM, CRM & More PMI-PBA® Certification: Unlocking Career Growth Through Business Analysis Dec 23, 2019 | BlogPMI-PBA® Certification: Unlocking Career Growth Through Business Analysis Next Entries »
The Most In-Demand Project Management Certifications for 2025 and Beyond Dec 24, 2019 | BlogThe Most In-Demand Project Management Certifications for 2025 and Beyond
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