PMP EXAM TEST & OFFICIAL PMP STUDY GUIDE

PMP Exam Test & Official PMP Study Guide

PMP Exam Test & Official PMP Study Guide

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Tags: PMP Exam Test, Official PMP Study Guide, Free Sample PMP Questions, Updated PMP Demo, Exam PMP Review

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Official PMI PMP Study Guide & Free Sample PMP Questions

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PMI Project Management Professional (2024 Version) Sample Questions (Q525-Q530):

NEW QUESTION # 525
A globally distributed project team is running behind schedule due to the lack ol team commitment and low morale. In order to bring the schedule back on track, what should the project manager do first?

  • A. Update the issue log and communicate it to the team.
  • B. Set up a meeting to perform a root cause analysis.
  • C. Seek the sponsor's approval to extend the project schedule.
  • D. Permanently colocate the team for better performance.

Answer: C


NEW QUESTION # 526
A project manager has been given a critical, 5-day window and is allocated a maximum of US$100,000 as a contingency reserve. Subsequently, the project manager drafted a course of action based upon the best available information. Overall, five actions were required to be completed at a cost of US$20,000 and a duration of 1 day each. After
3 days of work, the project manager completed two actions and spent US$80,000.
What should the project manager do next?

  • A. Complete all actions and then inform the client of the additional cost and schedule overrun needed to complete the project.
  • B. Stop the work and raise a project change request to the change control board (CCB) for additional funds and a project schedule extension.
  • C. As the cost performance index (CPI) and schedule performance index (SPI) are less than 1.0, reevaluate and prioritize the remaining actions.
  • D. As the CPI and SPI are greater than 1.0, reevaluate and prioritize the remaining actions.

Answer: C

Explanation:
Given the situation where the project manager has spent $80,000 to complete only two actions in three days, it is clear that both the budget and schedule are not on track as planned. The cost performance index (CPI) and schedule performance index (SPI) are both less than 1.0, indicating that the project is over budget and behind schedule. The CPI is calculated as the earned value (EV) divided by the actual cost (AC), and the SPI is the EV divided by the planned value (PV). In this case, the EV is lower than expected because fewer actions have been completed than planned, and the AC is higher than the EV, leading to a CPI of less than 1.0. Similarly, the SPI is less than 1.0 because the project is behind schedule. Therefore, the project manager should reevaluate and prioritize the remaining actions to maximize the use of the remaining budget and time. This may involve identifying which of the remaining actions are most critical to the project's objectives and finding ways to complete them within the constraints or seeking additional resources or time if necessary.
References: PMBOK Guide and standards foundational documents; Professional in Business Analysis (PMI-PBA) reference materials123.


NEW QUESTION # 527
Inputs to the Define Activities process include:

  • A. Scope baseline, enterprise environmental factors, and organizational process assets.
  • B. Project scope statement, approved change requests, and WBS dictionary.
  • C. Scope baseline, enterprise environmental factors, and activity duration estimates.
  • D. Project scope statement, resource calendars, and work performance information.

Answer: A

Explanation:
Section: Executing


NEW QUESTION # 528
According to the PMI which of the following is considered as a special case of contract closure?

  • A. Contract default
  • B. Early termination of contract
  • C. Contract fraud
  • D. Contractual non performance
  • E. Contract bankruptcy

Answer: B


NEW QUESTION # 529
Which of the following situations will cause schedule activity duration estimates to directly influence the cost estimates EXCEPT:

  • A. When project budget includes interest rate changes
  • B. When resource cost rate information is unavailable from commercial databases
  • C. When union labor with regularly expiring collective bargaining agreements are involve
  • D. When resources are applied per unit of time of duration of schedule activity
  • E. When seasonal cost variations are involve

Answer: B


NEW QUESTION # 530
......

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