PMP practice questions 341–350

1. Question 341 · 1401 in bank

   DRAG DROP - Drag the technical practices on the left to the scenario on the right.

   

   This is an interactive task on the real exam — a drag-and-drop, hotspot or ordering question. There is nothing to select here, so the answer is shown below for reference.

   Show the answer figure

   Answer: See figure below

   

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2. Question 342 · 1401 in bank

   A project manager has been assigned to a project after the charter has been approved. While reviewing the charter with the team, the project manager finds that some major budget items, necessary for achieving the project outcome, have been missed. What should the project manager do next?

   • AImmediately discuss this with the project sponsor and request to revisit the budget to ensure its accuracy
   • BAdd the missing budget items to the risk log and present them in the next project steering committee
   • CStart the project and deal with these budget issues as they arise throughout the project life cycle
   • DReduce the quality and cost of other deliverables to allow additional budget for the items that were missed

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   Answer: A

   Explanation

   Major budget item that is necessary for project completion, hence this is not a risk that can be avoided/mitigated. B is not suitable in this context.

   Source: Adapted from community discussion — suflam3

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3. Question 343 · 1401 in bank

   A project manager was recently assigned to a new project that is about to start. The organization has already signed a fixed-cost contract with the customer detailing the scope and final delivery date, but the project manager has identified several internal constraints and conditions that will certainly prevent the project from being completed in the number of iterations initially planned. What should the project manager do next?

   • ACreate an issue log template that will be used to identify and track impediments.
   • BCreate a schedule management plan to ensure the project meets the delivery date.
   • CCreate a contingency plan in case the project deviates from the initial plan.
   • DCreate an assumption log and map assumptions to impediments based on the impact to the project value.

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   Answer: C

   Explanation

   "internal constraints and conditions" are unremovable. All we can do is prepare a contingency plan when they come. Assumptions are just for unclear things, but nothing is unclear here

   Source: Adapted from community discussion — KhoiCX

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4. Question 344 · 1401 in bank

   As a project is reaching completion, the project sponsor tells the project manager to immediately close the project and to move on to another project. Which critical task should the project manager complete before closing the project?

   • AUpdate and close both the risk register and issue log with the latest updates, and save them in the organization's project management information system (PMIS).
   • BArchive all the project documents following the organization's accepted practices so the documents can be used in other future projects.
   • CEnsure that the whole team is appropriately recognized and organize a project farewell party to celebrate the project success and closure.
   • DMeet with the project sponsor and advise that the new project might be difficult to undertake because the current project is not yet complete.

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   Answer: A

   Explanation

   Ensuring that the risk register and issue log are updated and closed with the latest information is crucial for maintaining accurate project records. This documentation is vital for future reference, audits, and lessons learned. Properly closing the risk register and issue log ensures that all potential risks and issues have been addressed or documented. This helps in preventing unresolved problems from affecting future projects. Updating and saving these documents in the organization's PMIS aligns with standard project management practices and ensures compliance with organizational requirements.

   Source: Adapted from community discussion — UppersquareCapital

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5. Question 345 · 1401 in bank

   A project manager is leading an integration project for a retail company. The project demands a lot of time from the stakeholders to make important business decisions. The project is critical and must be completed on time and within budget. What should the project manager do to ensure that key stakeholders are available for this project?

   • AShare the project schedule, milestones, and meeting agendas with the stakeholders ahead of time.
   • BAdd time reserve in the project schedule to allow extra time for the stakeholders to make decisions.
   • CSchedule meetings with all of the stakeholders to make business decisions when needed.
   • DWork with the available stakeholders to make business decisions and keep all unavailable stakeholders informed.

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   Answer: D

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6. Question 346 · 1401 in bank

   A recently concluded quality audit failed and came back with multiple action items. A newly appointed project manager is reviewing the project status with the team. New stakeholders have been identified, and new audit resources may have to be added to the project. What should the project manager do next?

   • APerform stakeholder engagement.
   • BPerform integrated change control.
   • CUpdate the quality management plan.
   • DUpdate the risk management plan.

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   Answer: B

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7. Question 347 · 1401 in bank

   A new agile project is starting. The project manager is asked to confirm the scope to address the concerns of one of the stakeholders. What should the project manager use to explain the project scope?

   • AUser stories
   • BProduct backlog
   • CProduct roadmap
   • DBusiness requirements document

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   Answer: B

   Explanation

   The product backlog encompasses the entire project scope. It serves as a long-term, prioritized list of all features, enhancements, and fixes necessary for the product.

   Source: Adapted from community discussion — kevzzz

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8. Question 348 · 1401 in bank

   A project team member is struggling to deliver an assigned task. In a team meeting, the project manager determines that there are other members on the team who have more experience with similar tasks. What should the project manager do?

   • AAsk one of the more experienced team members to support the team member with the task.
   • BAsk the experienced team members to produce a manual on how to complete the task.
   • CReassign the task to one of the more experienced project team members for a faster completion of the assigned task.
   • DInform the project management office (PMO) of the issue and request a replacement for the less experienced team member.

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   Answer: A

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9. Question 349 · 1401 in bank

   Select 3

   A company's leadership team has decided to invest in a new product using an agile approach. The commercial and product teams have started the planning activity for this new venture. Which three key factors does the project manager need in order to deliver this product? (Choose three.)

   • AProduct roadmap
   • BSchedule performance indexes (SPIs)
   • CProduct vision
   • DKey performance indicators (KPIs)
   • EHigh-level product backlog

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   Answer: ACE

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10. Question 350 · 1401 in bank

    This graph describes the current performance of a project in relation to cost and schedule. What should the project manager do to bring the project back on track?

    

    • AReview project schedule because the project is under budget and behind schedule.
    • BReview project scope because the project is under budget and ahead of schedule.
    • CReview project schedule and cost because the project is over budget and behind schedule.
    • DReview project cost because the project is over budget and ahead of schedule.

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    Answer: A

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PMP practice, question 341. 1401 questions available.