PMP Practice Exam 2

You are responsible for conducting a financial analysis of a troubled project in your company. The project is currently on hold, and top management will decide whether to continue or terminate the project based on your analysis. Which category of costs should you NOT consider in your analysis?

One of your contractors is not meeting the agreed-upon performance standards. You decide to terminate the contract and hire a different contractor for the job. To determine the specific legal procedure for early contract termination, what should you do first?

Your project sponsor wants to understand your project team’s progress toward achieving the sprint goal. They ask if you have any visual tools to illustrate the progress, and you confirm that you do. Which agile tool would be most suitable to provide?

A project is divided into four sequential phases. The second phase has just been completed, and the third phase is about to begin. What is the first action the project manager should take?

After completing the Sprint Review meeting, the Product Owner is unsatisfied with the software results and plans to re-adjust the Product Backlog. The team facilitator suggests a meeting to discuss improvements to avoid this issue in the next sprint. Which meeting is the Product Owner most likely being invited to?

A project management team has identified the need to eliminate resource over-allocations and optimize resource usage. They are deciding between resource leveling and resource smoothing. Which of the following statements is correct?

You are managing the XYZ project, which involves installing hardware in a data center and developing a new software application. The hardware installation has fixed requirements and a specific process, while the software development involves known features but lacks detailed documentation of specific requirements. What is the most suitable project management approach for this scenario?

A software development team works with a Product Owner who manages stakeholder influence on the software product. The Product Owner maintains and updates a list of tasks and features needed to build the product, especially when new requirements are identified. What is this list called?

A project manager primarily communicates through email with team members and stakeholders. She uses specific techniques to minimize misunderstandings. Which of the following is NOT one of these techniques?

Your project was terminated early. As the project manager, which documents should you review?

When should a project manager perform the integrated change control process to ensure the effects of change requests are managed properly?

You are managing a project to build a database and need stakeholder information. Your team uses brainstorming, focus groups, interviews, questionnaires, and benchmarking to gather stakeholder needs. These methods represent which tool and technique?

Which of the following is included in the total project budget but is NOT part of the cost performance baseline?

A project manager is assigned to develop a document outlining a proposed project’s potential monetary and non-monetary benefits. This document will also be used to track the realization of these benefits throughout the project lifecycle. What is the most appropriate title for this document?

When managing difficult stakeholders, which individual might the project manager call on for assistance?

In a completed project network diagram, how many activities or milestones will not have both a predecessor and a successor?

Your colleague wants to learn more about agile. You explain that agile is a mindset guided by four paired values and 12 principles. Which document are you describing?

You are managing a small project within a large organization. Due to a strategic decision to shut down an operational unit needed for your project, you might miss a major milestone. You need to plan for acquiring external resources to complete the project activity. Which tool or technique of the Plan Risk Response process will help you in this situation?

In your project for developing a new ultra-high-speed hard drive, the quality control department will test whether each hard drive meets the performance criterion of transferring 1 GB of data in 500 ms (±100 ms). Which term best describes this information?

During project execution, your team is constantly arguing about project milestones and related risks, threatening the project schedule. What could have helped avoid this conflict if it had been properly created earlier?

Categorizing identified stakeholders helps the project team build valuable relationships as the project progresses. Which of the following techniques is NOT typically used for this purpose?

During project execution, the team finds that some buttons on the remote control do not work according to specifications. An approved change request is made to replace the buttons. Which term best describes this change request?

In the Plan Quality Management process, which of the following is NOT considered a cost of non-conformance?

For project “X” with a triangular distribution of cost estimates (low, most likely, high), what is the expected cost? (Example values: low = 138, most likely = 200, high = 400)

A company is evaluating two projects, Alpha and Beta. Project Alpha is projected to generate a net profit of $50 million, while Project Beta is projected to produce a net profit of $45 million. Although both projects are highly attractive, the financial controller has confirmed that the company can only invest in one. If the company selects Project Alpha, what is the opportunity cost?

Which of the following is addressed by the PMP® Professional Code of Conduct?

In an Agile software development project, the project manager struggles to allow the team to make decisions independently. Due to time constraints, the manager takes control by making decisions and persuading the team to accept them. Although this accelerates progress, it has caused growing dissatisfaction among team members. Which leadership behavior would have been more suitable in this scenario?

A deliverable-oriented hierarchical decomposition of the work to be executed by the project team is known as:

A three-phase project to build a prototype is nearing the end of the first phase, which focuses on design. The next phase involves manufacturing parts from the design specifications. What should be done with the deliverables from the first phase?

A project is nearing completion when the project manager receives an approved change request to replace a defective unit. What should the project manager do next?