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Questions # 21:

Which of the following is described in the statement below?

"It is a form of discussion held in person or by electronic means. Its goal is to come to a written agreement regarding a business matter."

Options:

A.

Agreement

B.

Project charter

C.

Contract negotiation

D.

Scope

Questions # 22:

You work as a project manager for BlueWell Inc. Management has asked you to work with the key project stakeholder to analyze the risk events you have identified in the project. They would like you to analyze the project risks with a goal of improving the project's performance as a whole.

What approach can you use to achieve the goal of improving the project's performance through risk analysis with your project stakeholders?

Options:

A.

Focus on the high-priority risks through qualitative risk analysis

B.

Use qualitative risk analysis to quickly assess the probability and impact of risk events

C.

Involve the stakeholders for risk identification only in the phases where the project directly affects them

D.

Involve subject matter experts in the risk analysis activities

Questions # 23:

Which of the following statements describes the critical path?

Options:

A.

It is the shortest path in the project network diagram.

B.

It cannot be crashed.

C.

It is always one path with the longest duration.

D.

It shows the project's earliest date for completion.

Questions # 24:

You work as a project manager for PassGuide Inc. Which of the following processes will you use to aggregate the probable costs of individual activities or work packages to set up an authorized cost baseline?

Options:

A.

Estimate costs

B.

Control costs

C.

Determine Budget

D.

Plan quality

Questions # 25:

You are using the PDCA model to determine, implement, monitor, control, and maintain Information Security Management System or ISMS. You have to determine where to apply changes that will include improvement. In which of the following phases of PDCA are you working?

Options:

A.

Do

B.

Check

C.

Act

D.

Plan

Questions # 26:

You work as a project manager for PassGuide Inc. You have to subdivide project deliverables and project work into smaller, more manageable components. Which of the following processes will you use to perform the above task?

Options:

A.

Control scope

B.

Verify scope

C.

Create WBS

D.

Define activities

Questions # 27:

You work as a project manager for PassGuide Inc. You have been assigned the TQM project, as the project was started earlier, but the project manager working earlier has left. You and your team are involved in estimating the cost of individual work packages or schedule activities with the lowest level of detail. Which of the following estimating techniques are you using in the above task?

Options:

A.

Bottom-up

B.

Analogous

C.

Three-point

D.

Parametric

Questions # 28:

You are a Project Manager in your organization who is managing a considerably huge budget project to develop new software. Considering the varied nature of your stakeholder group, you would like to put together a plan as to what information the stakeholders need, and how to provide that information. What is the document that you would need, and as part of which process group would you achieve this?

Options:

A.

Project Management Plan, Planning Process Group

B.

Project Management Plan, Initiating Process Group

C.

Communications Management Plan, Execution Process group

D.

Communications Management Plan, Planning Process Group

Questions # 29:

You are a new Project Manager that has been entrusted with a software development project that is in progress. A sub-contracting company has been awarded a cost reimbursable contract to do the development work on this project, and the project has been completed. While trying to close this procurement, you discover that still there are some unresolved claims. However, the sub contract company does not accept that these claims are unresolved. Which of the following is the best method for reaching the final equitable settlement?

Options:

A.

Alternative dispute resolution

B.

Direct negotiation

C.

Litigation

D.

Mediation

Questions # 30:

Thomas is a key stakeholder in your project. Thomas has requested several changes to the project scope for the project you are managing. Upon review of the proposed changes, you have discovered that these new requirements are laden with risks and you recommend to the change control board that the changes be excluded from the project scope. The change control board agrees with you. What component of the change control system communicates the approval or denial of a proposed change request?

Options:

A.

Change log

B.

Scope change control system

C.

Integrated change control

D.

Configuration management system

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