Who should contribute to the development of the project plan?
Correct Answer: A
PMP Exam Question 27
Ateam lead for a project that is currently in execution with multiple delivery teams is issuing status updates. This communication was not discussed with the project manager, and the project stakeholders areconcerned about nonalignment since other teams are not providing these updates. What should the project manager do?
Correct Answer: C
Explanation According to the PMBOK Guide, project communication management involves the processes of planning, managing, and monitoring project communications. The project manager is responsible for ensuring that the communication needs of the project stakeholders are met and that the information is timely, clear, and consistent. One of the tools and techniques for managing communications is communication skills, which include active listening, feedback, and conflict resolution. The project manager should use these skills to discuss with the team lead the reason for issuing the status updates, and to understand the expectations and concerns of the stakeholders. This will help the project manager to align the communication activities with the project objectives and to avoid confusion or misunderstanding among the project team and stakeholders. References: PMBOK Guide, Sixth Edition, Chapter 10: Project Communication Management, pp. 361-395. PMP Exam Prep Coursebook, Chapter 10: Project Communication Management, pp. 10-1 - 10-14.
PMP Exam Question 28
A project manager has been managing a highly complex project. The project manager has ensured that all of the required tasks have been completed. During a recent external audit. The project manager was informed of a heavy penalty being levied on the project for the latest module that was implemented What should the project manager have done to ensure that there were no liabilities arising from the recent implementation?
Correct Answer: D
According to the PMBOK Guide, the project manager should ensure that all the required approvals are received per the organizational procedures before implementing any project deliverables. This is part of the control quality process, which involves validating and verifying that the project deliverables meet the quality standards and requirements. By obtaining the necessary approvals, the project manager can avoid any liabilities, penalties, or disputes that may arise from the implementation of the project deliverables. The project manager should not rely on resolving defects, completing tasks, or documenting results alone, as these may not be sufficient to ensure that the project deliverables are acceptable and compliant with the organizational policies and regulations. References: PMBOK Guide, 7th edition, pages 237-238, 241-242.
PMP Exam Question 29
Paul is a project manager for an industrial design project. The project has a 60% chance of making the company $230,000 over the next year. It has a 40% chance of costing the company $150,000. What's the project's EMV?
Correct Answer: C
$230,000 x 0.70 = $ 138,000 savings, and $150,000 x 0.40 = -$60,000 expenses. Add them together and you get $78,000. When you calculate EMV, anything that saves your project money is counted as positive, and anything that costs it money is negative. Multiply each by the probability and add them together.
PMP Exam Question 30
The sponsor has informed you that the resources for your project will be cut. The sponsor wants to know how long the project will take if only nine resources each month are committed to your project. What is this activity called?