Ace your PMP Exam with this ultimate 2024 study guide, featuring 200 practice questions, expert tips, and comprehensive prep for certification success. Designed for aspiring Project Management Professionals, this guide covers all PMP knowledge areas, including scope, schedule, cost, quality, risk, and stakeholder management, fully aligned with the 2024 PMBOK standards. The 200 practice questions mirror the exam format, with detailed explanations to solidify your understanding of key concepts like earned value management, agile methodologies, and conflict resolution. Expert tips provide strategies to navigate complex scenarios, making this resource your go-to for mastering the PMP Exam and earning your certification with confidence.
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All of the following are inputs to the Develop Schedule process EXCEPT:
A. Assumption that the software will be released without any damaging bugs.
B. Need for delay between ordering equipment and installing it.
C. Vacation schedules.
D. Planned start and finish dates for each activity. – – correct ans- -D. Planned start and
f
inish dates for each activity.
Vacation schedules, the need for delay between ordering and installing equipment, and
assumptions about the software are inputs to the Develop Schedule process. Start and
f
inish dates for each activity are outputs of the Develop Schedule process.
Your program manager has come to you, the project manager, for help with a bid for her
newest project. You want to protect your company from financial risk, and you have limited
scope definition. What is the BEST type of contract to choose?
A. Cost plus percentage of cost (CPPC)
B. Time and material (T&M)
C. Fixed-price (FP)
D. Cost plus fixed fee (CPFF) – – correct ans- -D. Cost plus fixed fee (CPFF)
Of the options given, the only contract that limits fees for large projects with limited scope
definition is cost plus fixed fee.
Limited scope definition are available and the purpose of the project is not a service, it is a
project. Due to that there is no information, that requires the project to start as soon as
possible, the best choice is a D. Cost plus fixed fee.
As project manager, you are unable to allocate as much time to interact with your
stakeholders as you would like. Which of the following stakeholders will you make it a
priority to get to know?
A. The stakeholder who is an expert on the product of the project, but is not interested in
implementing it in his department.
B. The manager of the department that will use the product of the project. She is known to
be resistant to change.
C. The department employee who is unfamiliar with the product of the project, but open to
the positive impacts he believes the product will have on his work environment.
D. The project sponsor, with whom you have successfully worked on many projects. – –
correct ans- -C. The department employee who is unfamiliar with the product of the
project, but open to the positive impacts he believes the product will have on his work
environment.
As the department manager, this person is a key stakeholder, and wields a lot of influence
over other stakeholders in her department. The fact that she is resistant to change
indicates she will need some personal reassurance from the project manager, or she may
exert her influence to derail the project.
A. Assumption that the software will be released without any damaging bugs.
B. Need for delay between ordering equipment and installing it.
C. Vacation schedules.
D. Planned start and finish dates for each activity. – – correct ans- -D. Planned start and
f
inish dates for each activity.
Vacation schedules, the need for delay between ordering and installing equipment, and
assumptions about the software are inputs to the Develop Schedule process. Start and
f
inish dates for each activity are outputs of the Develop Schedule process.
Your program manager has come to you, the project manager, for help with a bid for her
newest project. You want to protect your company from financial risk, and you have limited
scope definition. What is the BEST type of contract to choose?
A. Cost plus percentage of cost (CPPC)
B. Time and material (T&M)
C. Fixed-price (FP)
D. Cost plus fixed fee (CPFF) – – correct ans- -D. Cost plus fixed fee (CPFF)
Of the options given, the only contract that limits fees for large projects with limited scope
definition is cost plus fixed fee.
Limited scope definition are available and the purpose of the project is not a service, it is a
project. Due to that there is no information, that requires the project to start as soon as
possible, the best choice is a D. Cost plus fixed fee.
As project manager, you are unable to allocate as much time to interact with your
stakeholders as you would like. Which of the following stakeholders will you make it a
priority to get to know?
A. The stakeholder who is an expert on the product of the project, but is not interested in
implementing it in his department.
B. The manager of the department that will use the product of the project. She is known to
be resistant to change.
C. The department employee who is unfamiliar with the product of the project, but open to
the positive impacts he believes the product will have on his work environment.
D. The project sponsor, with whom you have successfully worked on many projects. – –
correct ans- -C. The department employee who is unfamiliar with the product of the
project, but open to the positive impacts he believes the product will have on his work
environment.
As the department manager, this person is a key stakeholder, and wields a lot of influence
over other stakeholders in her department. The fact that she is resistant to change
indicates she will need some personal reassurance from the project manager, or she may
exert her influence to derail the project.
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