PMP practice questions 461–470

1. Question 461 · 1401 in bank

   Select 2

   The customer wants to show their stakeholders a tangible outcome faster. This requires advancing a milestone. Which two actions should the project manager do? (Choose two.)

   • AReview the customer’s priorities regarding the desired requirements for the milestones.
   • BConvince the customer to keep the requirements as is and not move the milestone.
   • CDiscuss which requirements can be delivered faster with the project team.
   • DInform the customer that moving the milestone has a very high impact on project cost.
   • EEscalate the issue to senior management so they can impose a solution on the customer.

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   Answer: AC

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2. Question 462 · 1401 in bank

   An agile team recently started working on a project for a financial institution. The project sponsor is concerned that an agile approach will not provide enough support for the organization's compliance standards. In order to mitigate this risk and avoid problems, what should the project manager do?

   • AEnsure that the peer review process also covers compliance requirements, creating a second layer of security for the project.
   • BMeet with the compliance team and make sure that their requirements are covered in the definition of done (DoD) for each story.
   • CLiaison with the compliance group, making them responsible for understanding the requirements and keeping them prioritized in the backlog.
   • DPropose using a compliance review board that will be responsible for approving all product features prior to their release to the public.

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   Answer: B

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3. Question 463 · 1401 in bank

   A company is transitioning projects from a predictive to an agile approach. The CFO is concerned that one of the agile projects has an important feature for the financial department that is being delayed for a later iteration. What should the project manager do to clarify the situation?

   • ARequest support from the CEO on how to deal with the situation
   • BIncrease the size of the team in order to match any prior expectations of the CFO
   • CCreate an executive board to review the product backlog and replan the next iterations
   • DClarify with the CFO that the prioritization process is based on business value

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   Answer: D

   Explanation

   I chose C, because I don't think this is a good idea on challenging CFO in terms of business value. On the contrary, setup the meeting to clarify the product backlog and plan for next iteration can clear and get consensus on what had been and will be done.

   Source: Adapted from community discussion — Dawn6699

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4. Question 464 · 1401 in bank

   The project manager is reviewing the program risks and issues with key stakeholders. One of the stakeholders wants to understand when the risk may potentially become an issue. What artifact should the project manager share with the stakeholder?

   • AProject management plan
   • BIssue log
   • CRisk management plan
   • DRisk register

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   Answer: D

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5. Question 465 · 1401 in bank

   A company that is introducing a new product into the market by the end of the year requires a storage and distribution facility to be built. During the monthly stakeholder meeting, it is discovered that the location for implementation is a government-owned area. What should the project manager do first?

   • AUpdate the risk register
   • BUpdate the issue log
   • CIdentify an alternative site
   • DIssue a change request

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   Answer: B

   Explanation

   B. Update the issue log The fact that the land is government-owned could represent a risk in some situations, but in this context, it's being treated as an immediate issue rather than just a risk Difference Between a Risk and an Issue: Risk: A potential event that may happen in the future and could impact the project. Issue: An event or situation that has already occurred and is currently affecting the project. While some aspects of this situation may still evolve (e.g., obtaining approval could be easy or difficult), the fact that this situation is already impacting the project now makes it an immediate issue rather than a future risk. This is why the first step should be to record it in the issue log.

   Source: Adapted from community discussion — MonBouj

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6. Question 466 · 1401 in bank

   A project manager has been assigned to a new digital product line, which the company hopes will boost their revenue. The product is complex and requires customer feedback to continually refine the product. The project is being handled by a cross-functional agile team. What should the project manager do to ensure value is delivered quickly?

   • AAsk the project sponsor to provide additional resources to fast track the project
   • BPlan the project to deliver value incrementally with regular releases
   • CRequest a budget increase to pay the subject matter experts (SMEs) more overtime
   • DIdentify tasks that can run in parallel to deliver the project faster

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   Answer: B

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7. Question 467 · 1401 in bank

   A project is designed to provide local community members with health facilities that will support improved sanitation practices. What should the project manager do to ensure the community members are up to date on project progress?

   • AShare the annual reports virtually and in the local newspapers
   • BShare project updates when requested by the stakeholders
   • CShare project updates through regular community meetings
   • DShare the project reports with the sponsor to inform community members

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   Answer: C

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8. Question 468 · 1401 in bank

   A project manager is assigned to a major system integration project that is currently in the execution phase. The project relies heavily on the presence and availability of certain products and services, which are provided at various periods throughout the project phases by selected third-party vendors. What should the project manager do to ensure the successful execution of the project?

   • AOversee the selection process for the vendor to procure the needed products and services.
   • BAsk the procurement department to select the vendor using established processes.
   • CActivate the mitigation plan for the procurement risks.
   • DPerform procurement control checks throughout the project.

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   Answer: D

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9. Question 469 · 1401 in bank

   A project manager who is new to a matrix organization has just been assigned to an internal software development project that is intended to reduce conflicts in the company's internal tracking system. With over 1,000 people in the company who will benefit from the software, the project manager wants to ensure everyone is aware of the great progress the team is making. The project manager meets with the project team to decide upon the most effective way to communicate progress. What should the project manager do?

   • ASet up an intranet site and allow stakeholders to access the relevant project information
   • BDivide up the organization among the project team to provide direct project updates
   • CAsk the project sponsor to disseminate project progress across the organization's stakeholders.
   • DSend weekly emails to each stakeholder providing them with the project's progress

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   Answer: A

   Explanation

   A. Set up an intranet site and allow stakeholders to access the relevant project information Setting up an intranet site is the most effective and efficient way for the project manager to ensure that all stakeholders are informed about the project's progress. It promotes transparency and facilitates ongoing communication, which is essential in a matrix organization with many beneficiaries.

   Source: Adapted from community discussion — MonBouj

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10. Question 470 · 1401 in bank

    A project manager who is new to an organization is given data that include information related to both project team members and stakeholders. Among other items, this information includes each stakeholder’s current role, previous and current projects in which they participated, and their level of organizational influence. In what type of analysis should the project manager use this information?

    • AQualitative risk analysis
    • BRegression analysis
    • CStakeholder analysis
    • DDecision tree analysis

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    Answer: C

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PMP practice, question 461. 1401 questions available.