PMP Practice Exam Questions And Answers 100% Guaranteed Success.

PMP Practice Exam Questions And Answers 100% Guaranteed Success. During which of the following project development life cycles are the project scope, schedule and budget determined in the early phases of the life cycle? - correct answer. Predictive Life Cycle Which of the following is the correct definition of a project management methodology? - correct answer. System of practices, techniques, rules and procedures used by those who work in a discipline You are helping an organization uplift its project management practices. You have recommended developing a business case for each of the organizational projects followed by development of a project benefits management plan. Who would you recommend to be the owner of the business case? - correct answer. Project Sponsor - The project sponsor is generally accountable for the development and maintenance of the project business case document. The finance department in your organization approves a number of capital projects on an annual basis. These projects are then funded by the finance department. You are responsible for constructing a new manufacturing facility that would require construction of a plant, a couple of warehouses and a few storage and distribution locations across the state. Your role at this organization is of a: - correct answer. Program Manager - Since you are responsible for developing a number of related construction projects, you are managing a bigger program. You have been hired by a new startup to develop its process architecture and define its operating model. The operating model will be used by the business to manage and run its day-to-day business. Your engagement with this organization is an example of: - correct answer. Project - This is an example of a project. You have a starting point and an end point (defined and agreed operating model). The later use of the operating model will be the business' operations but your current engagement is a project as this is a temporary endeavor. Which of the following statements regarding Project Management Body of Knowledge (PMBOK) is incorrect? - correct answer. The PMO's PMBOK Guide contains the entire Project Management Body of Knowledge You have recently helped an organization define its future state operating model. This will be a significant shift from the current state and will involve significant change. Which of the following would be your recommendation to the management? - correct answer. Create a transition state between the current and future state. What does PMP stand for? - correct answer. Project Management Professional When was PMI founded? - correct answer. 1969 Why should project managers become certified? - correct answer. - gives you higher income potential - proves you know international standards - it's required by a growing number of employers What is the minimum required score of the PMP Exam? - correct answer. 61% or 106 out of 175 questions What % of questions are a direct quote from the PMBOK Guide? - correct answer. 0% You are setting up a PMO in your organization. The PMO will not only be required to provide templates and necessary training to projects, it will ensure all projects comply with the organizational project management policies and procedures. However, the PMO will not directly manage the organizational projects. Which type of PMO are you setting up? - correct answer. Controlling PMO Who typically manages project budgets in a multi-divisional organization? - correct answer. A Functional Manager In which of the following organization types is the project management administrative staff usually dedicated full-time to projects? - correct answer. Strong Matrix You are leading a project team in a matrix organization. You have found out the project team members are frequently distracted by their functional managers for petty tasks and the team responds by prioritizing that work on top of the project work. In this case, the functional managers are using which of the following powers to get their work done? - correct answer. reward-oriented Project managers play a critical role in the leadership of their project teams. The project managers' engagement and involvement with projects vary from organization to organization and from project to project. Which of the following gives the maximum level of engagement in a project? - correct answer. from project evaluation through realizing business benefits Some projects are more complex than others. What are the three factors that influence project complexity? - correct answer. ambiguity, system behavior, and human behavior A project manager is managing a research project. Typically, research projects are not clearly defined and involve a lot of uncertainty. The project has four phases in which a phase can only start when its previous phase is complete. What project lifecycle and phase-to-phase relationship should the project manager use for this project? - correct answer. Iterative lifecycle with sequential phase to phase relationship Are commercial databases considered an enterprise environmental factor or organizational process asset? - correct answer. enterprise environmental factor What is the transition from one phase to another within a project's lifecycle that typically involves, and is usually defined by, some form of technical transfer or handoff? - correct answer. kill point A single point of failure (SPOF) is the part of a system that, upon failure, stops the entire system from working or makes the system useless. What event could render a knowledge management system ineffective? - correct answer. if the project team is not motivated In what type of organization does the project manager have little or no authority? - correct answer. functional In what type of organization is the project coordinator likely to be a part-time position with no administrative support? - correct answer. functional In what type of organization is the project manager likely to have a variety of possible budgetary control models? - correct answer. balanced matrix Jim is a project manager within the ABC Company. Within his organization there are departments but these groups provide support services to the various projects. In what kind of organization does Jim work? - correct answer. projectized A project manager takes a job with a new firm. He has little experience and will be working in a matrix organization. Based upon his situation he should expect communication with his stakeholders to be: - correct answer. complex