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2021 Dec virginia pmp:
Q31. What is the lowest level in the WBS at which the cost and activity durations for the work can be reliably estimated and managed?
A. Work product
B. Work package
C. Project deliverable
D. Scope baseline
Answer: B
Q32. Management by objectives assumes that the team
A. Both 1) is receptive to an unstructured environment, and 2) possesses a self-fulfillment philosophy
B. possesses a self-fulfillment philosophy
C. All of the other alternatives apply
D. is receptive to an unstructured environment.
E. does not require close supervision
Answer: B
Q33. Which activity is an input to the select sellers process?
A. Organizational process assets
B. Resource availability
C. Change control process
D. Team performance assessment
Answer: A
Q34. Cost baseline is an output of which of the following processes?
A. Cost Control
B. Cost Budgeting
C. Cost Estimating
D. Cost Planning
Answer: B
Q35. A project manager discovers an urgent need for outsourced resources on the project. He knows he has the money to cover the cost of these resources. He goes to the procurement manager and explains the situation, insisting a contract be drawn up today so he can obtain resources and circumvent the standard procedure. Is this the correct process to follow?
A. Yes, of course. For urgent needs, it is not necessary to follow the organization?s procedure regarding procurement.
B. Yes. Urgent needs from projects should always be dealt with immediately, as directed by the project manager.
C. No. The procurement manager has a process to follow when creating contracts that helps protect the company and its projects.
D. No. The procurement manager should be checking in with the project manager to see if he is in need of a contract, rather than making the project manager come and ask for one.
Answer: C
Abreast of the times va pmp:
Q36. You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You know, but have not yet informed your company, that you are going to go to work for the competitor, which happens to be bidding for this same opportunity. What is the most appropriate response?
A. You decide to participate in the initial meetings with the foreign business partners because any information you gain now will help you when you make the move to the new company.
B. You inform the foreign business partners that you're going to be working with a new company and that you know the deal they'll receive from the competing company is better than the one this company is proposing.
C. You decline to participate in the initial meetings with the foreign business partners because of a conflict of interest.
D. You've not yet received an official offer from the competing company for your new job opportunity, so you choose to participate in the initial meetings with the foreign business partners.
Answer: C
Q37. A project has experienced significant delays due to equipment problems, staff attrition, and slow client reviews. The project is 40 percent complete and has used 60 percent of the available calendar time. What is the FIRST thing you should do?
A. Rebaseline the schedule to reflect the new date.
B. Analyze the critical path activities for potential to fast track or crash the schedule.
C. Document the lack of progress and associated issues to management.
D. Identify activities that required more time than planned.
Answer: D
Q38. Which describes how cost variances will be managed?
A. Cost management plan
B. Cost baseline
C. Cost estimate
D. Chart of accounts
Answer: A
Q39. Which technique is commonly used for the Quantitative Risk Analysis activity?
A. Brainstorming
B. Strategies for Opportunities
C. Decision Tree Analysis
D. Risk Data Quality Assessment
Answer: C
Q40. You are a project manager for a software manufacturing firm. The project you've just finished created a new software product that is expected to become a number-one seller. All prerelease of software is handled through the marketing department. A friend of yours is a certified software instructor. They have asked you for a copy of the software prior to the beta release so they can get familiar with it. What is the most appropriate response?
A. Since your friend is certified to teach your company's brand of software, provide them with a copy of the software.
B. Decline the request since you stand to gain from this transaction by receiving free training.
C. Ask them to sign a nondisclosure agreement before releasing a copy of the software.
D. Decline the request because the software is the intellectual property of the company.
Answer: D