Jan-2024 Realistic PMP Exam Dumps with Accurate & Updated Questions [Q58-Q78]

03Jan 2024 by admin No Comments

4.7/5 - (6 votes)

Jan-2024 Realistic PMP Exam Dumps with Accurate & Updated Questions

PMP Exam Dumps – PDF Questions and Testing Engine

Opportunities:

Becoming a certified Manager by preparation from PMP Dumps can help increase your employment options and update your professional image in the business world.
Certification can be an important factor when hiring new employees as well as or companies to determine what your professional skills may be.
The PMP certification exam is an excellent way to prove your knowledge, skills, and abilities in the field of management.

PMI PMP certification is constantly evolving to keep pace with the changing demands of the project management profession. In 2023, PMI is releasing an updated version of the PMP exam that will reflect the latest trends and best practices in project management. This new version of the exam will ensure that PMP credential holders are equipped with the most current and relevant knowledge and skills needed to lead successful projects in today’s complex and dynamic business environment.

NO.58 Control accounts______________

Are charge accounts for personnel time management

Summarize project costs at level 2 of the WBS

Identify and track management reserves

Represent the basic level at which project performance is measured and reported

NO.59 The links between the processes in the Process Groups are often:

Intuitive

Iterative

Measured

Monitored

NO.60 A cost management plan is:

A plan for describing how cost variances will be managed.

A subsidary element of the project charter.

An input to the Cost Estimating process.

A and C

A and B

NO.61 One vendor is completing, just in time, a key deliverable of the project included in the critical path. They send it to the project team for review. The project team rejects it. When evaluating the impact of this situation, it is estimated that the vendor will take another two months to correct the deliverable.
What should the project manager do next?

Request that the vendor performs a deliverable audit

Contract another vendor to complete the deliverable within the schedule

Fast track the schedule and request a change to the procurement management plan

Crash the schedule and request a change to the change control board (CCB)

NO.62 A key barrier to team development is:

A strong matrix management structure.

When major problems delay the project completion date or budget targets.

When team members are accountable to both functional and project managers.

When formal training plans cannot be implemented.

When members cannot be collocated.

NO.63 During the implementation of a project, the project team discovered a new opportunity. After an internal review, the project team agreed that the opportunity is outside of theproject scope. The project manager decided to update the risk register and escalate the opportunity to a higher level.
What should the project manager do next with this opportunity?

Establish a contingency reserve to support the opportunity.

No more action is required.

Further monitor the opportunity.

Share this opportunity with another project.

NO.64 Which Define Activities tool or technique is used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts?

Decomposition

Inspection

Project analysis

Document analysis

NO.65 In which domain of project management would a Pareto chart provide useful information?

Project Scope Management

Project Time Management

Project Communications Management

Project Quality Management

NO.66 Inputs to the Define Activities process include:

Project scope statement, resource calendars, and work performance information.

Scope baseline, enterprise environmental factors, and organizational process assets.

Project scope statement, approved change requests, and WBS dictionary.

Scope baseline, enterprise environmental factors, and activity duration estimates.

NO.67 A company has decided to create a project management office (PMO) and hired their first project manager to manage an integration project. Although the company has been in business for several years, they do not have previous experience using project management methodologies.
How should the project manager handle the potential project challenges without documented best practices and history?

Include a detailed description about how to collect lessons learned in the project management plan.

Create an entry on the risk register regarding inexperience with project management methodologies.

Conduct a meeting with functional managers and ask them to begin collecting lessons learned.

Adjust the acceptable risk range in the mitigation strategy based on the company’s inexperience.

NO.68 A company has decided to create a project management office (PMO) and hired their first project manager to manage an integration project. Although the company has been in business for several years, they do not have previous experience using project management methodologies.
How should the project manager handle the potential project challenges without documented best practices and history*?

Include a detailed description about how to collect lessons learned in the project management plan

Adjust the acceptable risk range in the mitigation strategy based on the company’s inexperience.

Create an entry on the risk register regarding inexperience with project management methodologies

Conduct a meeting with functional managers and ask them to begin collecting lessons learned.

NO.69 A project manager joins a government project that is partially staffed. The company’s CEO mandated that all project resources must have specific skills and certifications. When staffing the project, the previous project manager failed to follow the CEO’s guidelines.
What should the current project manager do next?

Consult the resource management plan to determine why these resources were assigned.

Review the responsible, accountable, consult, and inform (RACI) chart to determine who should be assigned to the project.

Work closely with team members to develop the required skills.

Negotiate with the functional manager to acquire resources that meet these requirements.

NO.70 Which basic quality tool is most useful when gathering attributes data in an inspection to identify defects?

Control charts

Pareto diagrams

Ishikavva diagrams

Checksheets

NO.71 A company is transitioning from a predictive approach to an agile approach. A project manager is assigned to the first pilot with an inexperienced team. Due to an unexpected event, the whole team is asked to work remotely. During the second sprint, the project manager starts to notice a lack of commitment from the team members.
What should the project manager do in this situation as a servant leader?

Request an exception to allow the team to return to work on-site

Allow the team to address the problem as a self-organized team

Coach team members to increase their engagement and collaboration

Force the team to attend the daily standups to gather the project status

NO.72 Team morale is at an all-time low after an incident involving one of the team members. Which two actions should the project manager take to resolve the situation? (Choose two)

Host a special meeting to talk about what happened.

Escalate the issue to human resources (HR).

Review the lessons learned document with the team.

Conduct a team-building workshop.

Discuss this incident in the project review meeting.

NO.73 In the Develop Project Team process, which of the following is identified as a critical factor for a project’s success?

Team meetings

Subcontracting teams

Virtual teams

Teamwork

NO.74 Which of the following is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen?

Sensitivity analysis

Three-point estimate

Modeling and simulation

Expected monetary value analysis

NO.75 During initiation of a new product improvement project, a project manager finds historical data showing that a similar project resulted in customers complaining of an even worse user experience compared to the previous product version How can the project manager prevent this outcome in the new project?

Hire a team of external users to perform acceptance testing on the product.

Define a user focus group as external stakeholders with a high influence on outcomes

Hire a consultant to perform a benefit analysis as an input to the project charter.

Define a high-level risk and plan mitigation after completing the work breakdown structure (WBS

NO.76 If the cost variance is the same as the schedule variance and both numbers are greater than zero, then______________

The cost variance is due to the schedule variance

The variance is favorable to the project

The schedule variance can be easily corrected

Labor rates have escalated since the project began

NO.77 Two people at work are discussing roles and responsibilities as they relate to the company and the projects it has. They are discussing the role of the Project Manager and the Functional Manager.
What is the main role of the Functional Manager?

To control resources

To manage the project when the Project Manager isn’t available

To define business processes

To manage the Project Managers

NO.78 Which of the following statements relating to Assumptions is inaccurate?

They are factors which are considered to be true, real or certain.

They affect all aspects of project planning,

They are progressively elaborated

They limit the project team`s options