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PMI PMP Practice Test - Questions Answers, Page 51

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List of questions

Question 501

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A project manager who recently joined the company has been assigned to manage a software project for a major recurring customer. What should the project manager do to enhance the budget estimations

Question 502

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A large multi-national company works on a project in an emerging-economy country. All business matters are conducted in local currency. During the course of the project, the budget becomes the prima

Question 503

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A customer initiated a minor scope change and expects this to be completed without delays or additional costs. The project manager believes that they have adequate authorization to make the decision

Question 504

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A project team is executing a megaproject, and several contract requirements have been identified. In the planning phase, the project team agreed that a contract would be required 3 months prior to

Question 505

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An agile team has sized all of the features for the release. Using the table above, how many sprints will it take to complete this release if the team is expecting to have a velocity of 10 story p

Question 506

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DRAG DROP 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 Execu

Question 507

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DRAG DROP A hospital is running a project for one of their internal critical systems to manage billing, patient data, and record management along with consultation reports and input from physicians

Question 508

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DRAG DROP Drag the communication event on the left to the main subject discussed during the event on the right.

Question 509

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DRAG DROP A project manager is managing a project that is going to deliver a new risk platform. This platform will enable data-driven and new risk market models to ensure compliance with new regula

Question 510

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DRAG DROP A project manager has been asked by the project management office (PMO) to select the appropriate project management approach for three upcoming projects. Match the projects on the left w

Question 501

A project manager who recently joined the company has been assigned to manage a software project for a major recurring customer. What should the project manager do to enhance the budget estimations for the project?

Discuss the budget with the team during the daily standups to ensure the budget is under control.

Review budget-related lessons learned from similar projects.

Invite the client to the kick-off meeting and create the project budget during the meeting,

Implement an agile approach to avoid using a fixed budget,

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Question 502

A large multi-national company works on a project in an emerging-economy country. All business matters are conducted in local currency. During the course of the project, the budget becomes the primary concern due to currency instability in the country.

What should the project manager do next?

Evaluate the situation with the team

Escalate the risk to the project sponsor

Use the project's contingency reserve

Ask for additional budget from the client

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Question 503

A customer initiated a minor scope change and expects this to be completed without delays or additional costs. The project manager believes that they have adequate authorization to make the decision themselves but is not quite sure.

What should the project manager do next?

Use the project contingency and implement the change without charging the customer, since the customer's satisfaction is top priority.

Exploit this change opportunity and calculate the cost, risk, and time, then add a reasonable margin and submit to the customer.

Use the Perform Integrated Change Control process and submit this to the change control board (CCB) for approval.

Keep the change pending and decide to take this up as part of final settlement at the end of the project.

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Question 504

A project team is executing a megaproject, and several contract requirements have been identified.

In the planning phase, the project team agreed that a contract would be required 3 months prior to the project's finish date. During project execution, it was determined that the contract was required immediately.

What should project manager do?

Seek management's approval for executing the contract earlier than planned.

Request the team to initiate a change request to execute the contract.

Support the team's request and allow for early contract execution.

Challenge the project team to identify the reasons for early contract execution.

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Question 505

An agile team has sized all of the features for the release. Using the table above, how many sprints will it take to complete this release if the team is expecting to have a velocity of 10 story points per sprint?

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Question 506

DRAG DROP

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.

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Question 507

DRAG DROP

A hospital is running a project for one of their internal critical systems to manage billing, patient data, and record management along with consultation reports and input from physicians. The project manager now needs to categorize the identified risks.

Drag each risk type on the left to its correct example on the right.

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Question 508

DRAG DROP

Drag the communication event on the left to the main subject discussed during the event on the right.

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Question 509

DRAG DROP

A project manager is managing a project that is going to deliver a new risk platform. This platform will enable data-driven and new risk market models to ensure compliance with new regulations. The regulatory requirements for the models are released continuously and are not fully fixed yet. The project manager is reviewing the risk register and added a few new items.

Match the risks on the left to the correct category on the right.

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Question 510

DRAG DROP

A project manager has been asked by the project management office (PMO) to select the appropriate project management approach for three upcoming projects. Match the projects on the left with the approach that should be used on the right.