PMP Prep (all domain) -01

Schedule management knowledge area include the proceses and activities to create a schedule to complete the activities. The following are the processes, except :

• Sequence activities

• Plan schedule management

• Define activities

• Create wbs

A project manager is planning a technology development project and is trying to determine if it is best to produce the software using internal resources or purchase the product from an outside source. What tool or technique will be most useful for the project manager?

• Perform Quantitative Risk Analysis

• Product analysis

• Make-or-buy analysis

• Reserve analysis

A project manager has compiled a project performance report as requested by the project sponsor. The project manager prepares an email to communicate her findings. She is careful to format the report in a way that can be easily understood by the sponsor once received. Which of the following components of a basic communication model will be used by the project manager and the sponsor?

• Encode and decode

• Choice of media

• Interactive communication

• Writing style

You are managing a software development project that is implemented using agile project management practices. In the middle of project execution, the project sponsor leaves the company, and a new sponsor is assigned. As part of your efforts to bring the new sponsor up to speed, you tell them that the project deliverables are produced using agile. The sponsor requests confirmation of the project management methodology. What is the best course of action for you to take to address the sponsor's request?

• Show the project life cycle description to the project sponsor

• Tell the sponsor to talk to the project team so that they can explain how the product is developed

• Suggest reviewing the project charter together with the sponsor

• Show to the sponsor the development approach specified in the project management plan

A pharmaceutical company invested $5,000,000 in a project to develop a new drug to treat hypertension, which was terminated before completion. However, before the project was canceled, testing indicated that a side effect of the drug was the stimulation of hair growth. The pharmaceutical company is now in the initiation stage of a new project to develop the drug as a treatment for hair loss. How should the $5,000,000 spent on the previous project be treated with respect to the benefits analysis of the new project?

• Investment costs that must be included as a cost to the new project

• Sunk costs that should not influence future decisions

• Opportunity costs that should be considered before approving the new project

• Included in the payback period for the new project

A project manager has been experiencing unnecessary delays during project execution in obtaining signatures from senior management due to an inadequate notification process when a signature is required. Addressing the issue only requires a minor update to the communications management plan. What should the project manager do next?

• Update the cost baseline

• Update the communications management plan

• Submit a change request

• Implement the proposed solution

During the closure of an internal process improvement project, the project manager confirms that one of the improved processes transitioned into operations resulted in a significant improvement in that unit’s efficiency. In which of the following would the project manager record this information?

• The benefits management plan

• The project management plan

• The final report

• The business case

A large project will be broken down into four phases. The project sponsor is very enthusiastic about the project and asks the project manager when the project kick-off meeting will be held. What is the best response to the project sponsor's question?

• During execution of the first phase

• As part of the Planning Process Group of the first phase

• At the start of each phase

• As part of pre-project work

A project team is about to start the process of translating the quality management plan into executable quality activities that incorporate the organization's quality policies into the project. Which of the following must the team have to begin this process?

• Work performance data

• Work performance information

• Verified deliverables

• Quality control measurements

During your search for an external contractor, you are evaluating proposals received in response to the bid package. Your evaluation includes ensuring the complete response to the bid documents, procurement statement of work, source selection criteria, and any additional documents that went out in the bid package. What tool or technique are you using?

• Selected sellers

• Advertising

• Joint engagements

• Data analysis