[Jan-2022] Verified PMP dumps Q&As - PMP dumps with Correct Answers
The Best PMP Certification Study Guide for the PMP Exam
Our PMP dumps will include those topics:
- Project Integration Management
- Project Cost Management
- Project Procurement Management
- Project Time Management
- Professional and Social Responsibility
- Project Risk Management
- Project Human Resource Management
- Project Scope management
- Project Communications Management
- Project Quality Management
For more info visit: PMP - PMI Exam Reference
Career Opportunities & Pay for PMP Certified Individuals
The PMP certification opens numerous doors in project management. Certified professionals can get a job as a senior project manager, technical project manager, director of operations, and others. When it comes to compensation, PMI states that PMP accredited individuals have 25% higher salaries in the US compared to non-certified specialists. The average pay for PMP professionals is about $107k annually, according to PayScale.com.
NEW QUESTION 73
Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
- A. Project A, because Project B's payback period is 24 months
- B. Either Project A or Project B, because the payback periods are equal
- C. Project A, because Project B's payback period is 20 months
- D. Project A, because Project B's payback period is 21 months
Answer: D
Explanation:
Project B has a payback period of 21 months; $50,000 is received in the first 12 months, with another $75,000 coming in over each of the next three quarters, or nine months.
NEW QUESTION 74
A management point in a Work breakdown structure (WBS), which is used to consolidate and process work package data and forward the results to the project manager is called
- A. Control account
- B. Account limit
- C. Control limit
- D. Chart of accounts
Answer: A
NEW QUESTION 75
Quality function deployment is one approach for collecting requirements. Assume that you have studied the work of numerous quality experts, such as Deming, Juran, and Crosby, and your organization has a policy that states the importance of quality as the key constraint of all project constraints. You and your team have decided to use quality function deployment on your new project to manufacture turbines that use alternative fuels. The first step you should use is to______________
- A. Build the house of quality
- B. Hold a focus group of prequalified stakeholders
- C. Address the functional requirements and how best to meet them
- D. Determine the voice of the customer
Answer: D
Explanation:
Section: Mix Questions
Explanation:
Quality function deployment is an example of a facilitated workshop used in the manufacturing industry as a tool and technique to collect requirements. It helps to determine the critical characteristics for new product development and starts by collecting customer needs, known as the voice of the customer.
NEW QUESTION 76
The time phased budget that is used to measure and monitor cost performance is:
- A. The cost budget
- B. The cost estimate
- C. The cost baseline
- D. The project budget
Answer: C
NEW QUESTION 77
In a contract, the point of total assumption refers to the point where:
- A. Both 1) The contractor incurs the total financial responsibility for each dollar spent , and 2) The customer will incur no further costs for the work the contractor performs in the completion of the contract..
- B. The customer will incur no further costs for the work the contractor performs in the completion of the contract.
- C. The schedule and cost variance are zero.
- D. The contractor incurs the total financial responsibility for each dollar spent.
- E. The customer incurs the total financial responsibility for each additional dollar spent.
Answer: A
NEW QUESTION 78
Facilitation techniques are used throughout project management. Your company is embarking on a project to completely eliminate defects in its products. You are the project manager for this project, and you are developing your project charter. To assist you, which of the following facilitation techniques did you use?
- A. Focus groups
- B. Delphi approach
- C. Surveys
- D. Meeting management
Answer: D
Explanation:
Section: Mix Questions
Explanation:
Meeting management is an example of a facilitation technique used in developing the project charter as meetings may be held with key stakeholders and subject matter experts. Other facilitation techniques used to guide preparation of the charter are brainstorming, problem solving, and conflict resolution.
NEW QUESTION 79
You are managing a project and the sponsor has removed the previous Project Manager on the project because they could not keep the project on budget. According to your current project budget, this project is over budget by $245,000. As the current Project Manager, you are afraid you will also be removed if you report this status. What is the best response you can tell senior management?
- A. Report the delay to senior management and the reasons
- B. The schedule is only two weeks behind so you don't report the delay
- C. Tell senior management the project is over budget by $245,000 with a plan to recover
- D. Don't report the delay and begin looking for a new job
Answer: C
NEW QUESTION 80
Crosswind Custom Homes is building a customer's dream house. However, excessive heat has delayed the finish by three weeks. The Project Manager evaluates the schedule and determines that the roofing and cabinetry could occur at the same time instead of right after each other, as laid out in the schedule.
This is an example of what?
- A. Crashing
- B. Lag
- C. Discretionary dependencies
- D. Mandatory dependencies
Answer: C
NEW QUESTION 81
After preparing the work breakdown structure (WBS), the project manager is ready to assign task areas to project team members. Subsequently, the project sponsor asks to add requirements that the team feels are unachievable.
What should the project manager do next?
- A. Collect requirements, and conduct a team brainstorming session.
- B. Review the project scope and resources to assess the feasibility of satisfying the request.
- C. Use expert judgment to adjust the WBS based on the new requirements.
- D. Evaluate the impact of the request on the project scope, schedule, and budget.
Answer: D
NEW QUESTION 82
Your company CEO just sent you an e-mail asking you to make a presentation on your project, which has been in progress for 18 months, to over 50 identified internal and external stakeholders. You have been conducting such presentations and holding meetings regularly on this important project. You should begin by______________
- A. Circulating issues to be discussed
- B. Determining the objective
- C. Defining the audience
- D. Deciding on the general form of the presentation
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Meetings are held regularly on projects to update and communicate project information and to respond to requests from stakeholders for the information. Most meetings consist of stakeholders coming together to resolve problems or make decisions. Typical meetings begin with a defined list of issues to be discussed, which are distributed in advance with minutes and other key information relative to the meeting.
NEW QUESTION 83
Which of the following describes a hierarchically organized representation of identified project risks arranged by risk categories?
- A. OBS
- B. BOM
- C. WBS
- D. RBS
Answer: D
NEW QUESTION 84
The only Process Group that comprises processes that typically occur from the beginning to the end of the project life cycle is:
- A. Planning.
- B. Monitoring and Controlling.
- C. Closing.
- D. Executing.
Answer: A
NEW QUESTION 85
A project is delivered that meets the approved business requirements. However, the client identifies a few unrelated issues that will cause a delay in final product approval and impact project closure.
What should the project manager do?
- A. Document the unrelated issues, develop the hand-over report, and formally close the project.
- B. Resolve the unrelated issues, obtain acceptance, and formally close the project.
- C. Discuss the impact with the client, obtain acceptance, and formally close the project.
- D. Follow the escalation process, develop the hand-over report, and formally close the project.
Answer: C
Explanation:
Section: Closing
NEW QUESTION 86
A new project manager was assigned to a project during implementation The project manager realized that new tax policies are creating a risk for a cost overrun by 25% The project manager updated the risk register and kept the project running as normal The CEO has announced that the project could be cancelled since the acceptable cost overrun is only 20%. The project manager was quite surprised as this was new information What should the project manager have done to avoid this?
- A. Ensured the risk tolerance of the company was property updated
- B. Provided a proper risk response
- C. Implemented the communications management plan properly
- D. Implemented the stakeholder engagement plan correctly.
Answer: C
NEW QUESTION 87
You are a project manager for a company that sells online music. The company is going so well that company has outgrown its I.T infrastructure. In fact the company's current infrastructure is unable to handle the terabytes of music downloads each day. As a result company decided to give music download to 3rd party content. On your qualified seller list you have identified one potential vendor, music CM. your procure department has identified a large difference between the independent estimate and proposed vendor cost. Which of the following statements are true?
- A. If the discrepancy is in the company's favor your company should take the advantage of cost saving and select the vendor promptly.
- B. The SOW did not contain the enough detail
- C. The vendor is incomplete and does not understand the scope of the project
- D. The vendor failed to respond to all the requirements specified in the proposal
- E. You are currently in the plan purchases and acquisition process
Answer: B
NEW QUESTION 88
A new team member inquires about how much they need to learn about the organizational process assets (OPAs) residing on the company intranet. Another team member states they only need to know the basics.
However, the project manager believes the team member should know everything regarding the OPAs.
What should the project manager do?
- A. Create a training schedule for the new team member to follow over the next few weeks.
- B. Escalate the inquiry to the team member's functional manager.
- C. Ask a senior team member to help the new team member navigate through all the documentation.
- D. Clarify the relevance of reviewing the documentation on the intranet.
Answer: D
NEW QUESTION 89
In project communications, the first step in a written communication is to______________
- A. Establish the basic purpose of the message
- B. Gather thoughts or ideas
- C. Develop a logical sequence of the topics to be addressed
- D. Analyze the facts and assumptions that have a bearing on the purpose of the message
Answer: B
Explanation:
Explanation/Reference:
Explanation:
For any type of communication, the first step in the basic communication model is to encode, which means the sender translates thoughts or ideas into language.
NEW QUESTION 90
You recognize the importance of quality control on your project. However, you also know that quality control has costs associated with it and that the project has a limited budget. One way to reduce the cost of quality control is to______________
- A. Conduct inspections throughout the process
- B. Work to ensure that the overall quality program is ISO compliant
- C. Use trend analysis
- D. Use statistical sampling
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Statistical sampling uses part of a population to draw conclusions about the total population. It is a well- proven technique that can significantly reduce the cost of quality control.+
NEW QUESTION 91
The primary communication skills you will use in working with functional managers will be:
- A. Problem solving
- B. Public relations
- C. Team building
- D. Negotiating
Answer: D
NEW QUESTION 92
A project manager is assigned to a project in its execution phase. The project manager immediately notices scope creep, but the development manager justifies the additional work and claims it is in line with a new policy approved by management What should the project manager do to address this situation''
- A. Modify the project management plan
- B. Revise the project charter
- C. Update the scope management plan.
- D. Submit a change request
Answer: D
NEW QUESTION 93
Although the project manager has almost completed a project on time and within budget, there is an unexpected complaint from the customer regarding the project's scope. It turns out that the customer wanted a much simpler solution.
What should the project manager have done differently?
- A. Validated project scope with stakeholders.
- B. Controlled scope with the help of the project team.
- C. Defined project scope with the customer.
- D. Collected requirements with the customer.
Answer: D
Explanation:
Section: Monitoring and Controlling
NEW QUESTION 94
Which schedule network analysis technique modifies the project schedule to account for limited resources?
- A. Critical chain method
- B. Human resource planning
- C. Fast tracking
- D. Rolling wave planning
Answer: A
NEW QUESTION 95
Analogous estimating:
- A. Is synonymous with top-down estimating.
- B. B and C
- C. Uses the actual costs from a previous, similar project.
- D. Uses bottom-up estimating techniques.
- E. A and B
Answer: B
NEW QUESTION 96
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PMP certification guide Q&A from Training Expert Pass4Leader: https://www.pass4leader.com/PMI/PMP-exam.html
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