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KeymasterThe correct answer is D.
The outputs of this step are certainly a list of risks (choice A) and triggers (choice B). Risk response owners (choice C) are determined in Plan Risk Responses. However, it is an understanding of the risks that is important to be able to qualify and/or quantify them and to plan for them.
Pass PMP in the First Attempt : PMP Strategy
Revise PMP Concepts: PMP Concepts
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KeymasterThe correct answer is D.
The project manager must identify the stakeholders, document their needs, wants and expectations, then manage and influence expectations to ensure project success. (Since the project is already in the planning process group, this should have already taken place.) Choice A is a control function related to gaining customer acceptance. Choice B relates to looking for multiple impacts of changes. Choice C creates a scope management plan.
Revise Communication Management Concepts: Project Communication Management
admin
KeymasterThe correct answer is D.
Labor rates (choice A), resources used (choice B), and poor communications (choice C) could all have contributed to the cost overrun. Lag relates to waiting time.
Revise Cost Management Concepts: Project Cost Management
admin
KeymasterThe correct answer is B.
Only choice B occurs during the executing process group. Choices A, C, and D occur in monitoring and controlling.
Revise Project Integration Management Concepts: Project Integration Management
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KeymasterThe correct answer is B.
Because you are in a projectized organization, the team will either be looking for new jobs or trying to extend the length of the project so they have work for a longer period of time.
Pass PMP in the First Attempt : PMP Strategy
Revise PMP Concepts: PMP Concepts
admin
KeymasterCorrect answer is B.
Charter provides all the information written in choices A, B, C, and D but the information that helps in stakeholder identification is choice B.Revise Stakeholder Management Concepts: Project Stakeholder Management
admin
KeymasterThe correct answer is B.
Sellers are generally required under contract to keep working unless told otherwise. This rule makes choice B the best choice.
Pass PMP in the First Attempt : PMP Strategy
Revise PMP Concepts: PMP Concepts
admin
KeymasterThe correct answer is B.
Know the term so you will be able to answer questions that deal with this concept. Choices A, C, and D may sound good, but they are made-up terms.
Revise Quality Management Concepts: Project Quality Management
admin
KeymasterThe correct answer is D.
This recent historical data (part of organizational process assets) provides the most unbiased and least subjective basis for the development of the initial project schedule.
Pass PMP in the First Attempt : PMP Strategy
All PMP Question & Answers: Question & Answers
Revise PMP Concepts: PMP Concepts
admin
KeymasterThe correct answer is D.
Work not in the WBS is outside the scope of the project.
Revise Scope Management Concepts: Project Scope Management
admin
KeymasterThe correct answer is B.
Generally, a contractor can work for whomever they choose, so choice C is not correct. However, it would not be ethical for them to divulge confidential information about the competitor or your company. B is the best choice. Choice A would be the second choice because you would lose the contractor’s skill on the project. Choice D is not practical in most companies.
Revise Resource Management Concepts: Project Resource Management
admin
KeymasterThe correct answer is B.
The wording of this question can be confusing. Reserve (choice A) is mentioned in the situation, but the project manager is not dealing with reserves in the actions he is taking. Verify Scope (choice C) involves meeting with the customer to gain formal acceptance, so it cannot be the best choice. Choice D cannot be the best choice since the project manager is trying to make something good happen, not dealing with a negative impact, or threat, that may or may not occur. The project manager is working to make a positive impact on the project more likely to occur, therefore choice B is best.
Revise Risk Management Concepts: Project Risk Management
admin
KeymasterThe correct answer is B.
This is a wordy question; expect longer. Trends are found by comparing current to a baseline. A trend report shows areas needing attention based on the time analysis.
Revise Communication Management Concepts: Project Communication Management
admin
KeymasterThe correct answer is C.
EAC means the total cost of the project at completion, based on current information
Revise Cost Management Concepts: Project Cost Management
admin
KeymasterThe correct answer is B.
Product acceptance criteria is included in the project scope statement.
Revise Project Integration Management Concepts: Project Integration Management
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