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jyotimayank

Question 43 While applying procurement management processes in your project, you identified the need to gain a more objective understanding of sellers’ capabilities in order to rank proposals and develop a negotiating sequence. Which technique may help avoid bias and subjective decisions best? A. Bi...

jyotimayank

Question 41 During project execution you found out that work is often not performed at the right time and in the right order. Deliverables are made by one team member that cannot be processed by another one. This already leads to timely rework and bad morale among team members. Which project managem...

jyotimayank

Yes Housam the correct answer is option A. Refer to page 123 of PMBOK® Guide 5th Edition According to the PMBOK® Guide, the project scope statement should include all of the following: • Product scope description • Product acceptance criteria • Project deliverables • Project exclusions • Project con...

jyotimayank

Yes Housam you are right, the correct answer is option C. Refer to page 72 of PMBOK® Guide 5th Edition Project charters are often used as a means to introduce a project to the organization. This document outlines the high-level project description, the business opportunity or need, and the project’s...

jyotimayank

Hi Shiva,
The 45 days study plan is recommended plan which you can squeeze/stretch as per your convenince. If you are not able to devote much time you can split 1 day in two and follow the plan as per your convenience.

jyotimayank

Question 39
Product acceptance criteria should be laid down in which document?

A. Project scope statement
B. Work breakdown structure
C. Resource assignments
D. Project scope management plan

jyotimayank

Question 36 You recently took over the assignment for a project. The project charter has been developed. What is an appropriate next step for you? A. Develop the risk register. B. Develop the project milestone schedule. C. Develop management plans. D. Get approval for the project management plan.

jyotimayank

Yes the correct answer is option B. EV = CV + AC = $ 4,000,000 - $ 500,000 = $3500,000 Refer to page 216-219 of PMBOK® Guide 5th Edition The planned value (PV) is the cost of work that has been authorized and budgeted for a schedule activity or WBS component during a given time period or phase. Actu...

jyotimayank

Yes Vikram the correct answer is option A. Refer to page 252 of PMBOK® Guide 5th Edition Inspection involves physically looking at, measuring, or testing results to determine whether they conform to the requirements or quality standards. It’s a tool used to gather information and improve results. In...

jyotimayank

You can refer to the following thread

viewtopic.php?f=3&t=5217&p=22216&hilit=constructive+change#p22176

jyotimayank

Question 34
For a project, the following earned value data have been assessed:

AC: $ 4,000,000
CV: $ -500,000
SPI: 1.12
BAC: $ 9,650,000
What is the earned value of the project?
A. $3,000,000
B. $3,500,000
C. $4,480,000
D. $5,650,000

jyotimayank

Question 31 You are the project manager for the development of a new type of power plant. Your project is making fast progress, and it is getting nearer to the day of product acceptance. Which technique will be most important for product acceptance? A. Inspection B. Quality audit C. Impact analysis...

jyotimayank

Yes Vikram the correct answer is option D. Refer to page 277 (9.3.2.6 )of PMBOK® Guide 5th Edition It is important to recognize that a particular reward given to any individual is effective if it is valued by him. Cultural differences should be considered when determining Recognition and Rewards. Re...

jyotimayank

The correct answer is option A. Refer to page 31 of PMBOK® Guide 5th Edition Stakeholders have varying levels of responsibility and authority when participating on a project. Their involvement may range from occasional contributions in surveys and focus groups to full project sponsorship which inclu...

jyotimayank

Yes Vikram and Housam the correct answer is option C. In order to determine potential impact, it’s important for the project manager to understand each stakeholder’s role in the project and in the organization. Get to know them and their interests. Determine the relationship structure among the vari...

jyotimayank

Dear Tushar,

Heartiest congrtulations!!! on your success.

jyotimayank

Question 28 28. You are in the process of planning a project and found that stakeholders often have varying objectives and requirements. This makes it hard to come up with a plan with which all objectives will be met. What is probably most helpful to ensure common understanding? A. Ask the project ...

jyotimayank

Question 27 27. You have just taken over as manager of a project that will create many benefits for the performing organization, but you sense a high level of resistance in various stakeholders right from the start. What is the most appropriate action to resolve the problem? A. Develop a responsibi...

jyotimayank

Question 25 As a project manager, when should you especially consider cultural differences? A. When you break down scope to create a work breakdown structure (WBS). B. When you assign a human resources to do the work in a schedule activity. C. When you develop acceptance criteria for work results t...

jyotimayank

Yes Vikram the correct answer is option A. Refer to page 375 of PMBOK® Guide 5th Edition Bidder conferences are meetings with prospective vendors or sellers that occur prior to the completion of their response proposal. Project manager or anyone from your procurement department arranges the bidder c...

jyotimayank

Yes the correct answer is option A. Refer to page 71, 72 of PMBOK® Guide 5th Edition Project charter contains the following: • High-level overview of project • List of measurable project objectives • High-level risks • Summary milestone schedule with initial completion date of February 1 • Summary b...

jyotimayank

Yes the correct answer is option C. Refer to page 417 of PMBOK® Guide 5th Edition Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. Project Management is accomplished through the application integration of logically g...

jyotimayank

Question 24 You are in the process of contacting sellers to obtain bids and proposals. You found out that it might become a time-consuming procedure to ensure that the sellers get a clear and common understanding of the procurement process and of the needs of your project. Which technique may help ...

jyotimayank

Question 22 Which statement describes best handling of assumptions during the initiating processes? A. It is the responsibility of the sales person in charge to identify all risks related to a customer project. B. Managing and organizing assumptions means avoiding risks right from the start of the ...

jyotimayank

Question 21 What should managers consider before conducting a performance-evaluation interview with a project team member? A. Which management fallacies can most easily be delegated to the worker? B. How can discussion of the manager’s leadership style be avoided? C. Has the employee been provided ...

jyotimayank

Yes the correct answer is option D. Refer to page 94 of PMBOK® Guide 5th Edition PMBOK® Guide states that Change control board is made up of a group of stakeholders who review and then approve, delay, or reject change requests. Perform integrated change control allows for documented changes within t...

jyotimayank

The correct answer is option C. Refer to page 94 of PMBOK® Guide 5th Edition Perform integrated change control allows for documented changes within the project to be considered in an integrated fashion while reducing project risk, which often arises from changes made without consideration to the ove...

jyotimayank

Question 19 As the project manager in a software project which is currently initiated, you want to assess high-level risks. What should you do? A. Develop the project charter and a risk management plan to start identifying risks based on those and other documents. B. Identify and analyze risk event...

jyotimayank

Question 18
A facilitator should…

A. …be in full control of the discussion and its outcomes.
B. …always take notes by herself.
C. …avoid a flip chart parking lot.
D. …give guidance as required without interfering.

jyotimayank

Question 17 A customer is requiring a minor scope change and expects you to do this without delays and additional costs. You believe that you have adequate authorization to make the decision by yourself, but you are not quite sure. What should be your next steps? A. A requested change is always an ...

jyotimayank

Yes Sarthy the correct answer is option A. Refer to page 233 8.1.1.6 and 248, 8.2.3.4 Organizational process Asset updates of PMBOK® Guide 5th Edition Lessons Learned is the knowledge gained during a project which shows how project events were addressed or should be addressed in the future with the ...

jyotimayank

Yes Sarthy the correct answer is option C. Conflict situations are those situations in which needs, wants or values of two individuals or people clash or in some way interfere with each other. The sooner it is resolved the better it is for the project and its team members. Collaborate or Problem Sol...

jyotimayank

Yes Aravind the correct answer is option B. The primary outputs from the Identify Risks process are the initial entries into the Risk Register, which becomes a component of the project management plan. Refer to page 327, 333, and 354. of PMBOK® Guide 5th Edition Qualitative Risk Analysis : • Its the...

jyotimayank

Yes that's right Aravind and Housam the correct answer is option A. Refer to page 282 of PMBOK® Guide 5th Edition Observation and conversation is Tools and Technique of Manage Project teams As per PMBOK® Guide 5th Edition Observation and conversation are used to stay in touch with the work and attit...

jyotimayank

Yes the correct answer is option B. Refer to page 544 of PMBOK® Guide 5th Edition As per PMBOK Lessons Learned is the knowledge gained during a project which shows how project events were addressed or should be addressed in the future with the purpose of improving future performance The intent is im...

jyotimayank

Yes the correct answer is option A. Refer to page 66 of PMBOK® Guide 5th Edition • Formally authorizes a project • Gives the PM authority to apply organizational resources to project activities • Is normally issued by a project initiator or sponsor • Addresses, directly or indirectly, the following:...

jyotimayank

Yes the correct answer is B, triple constraint

When one of the constraint is changed it affects one or both the others
These 3 are closely related

jyotimayank

Yes that's right, the correct answer is option C. Refer to page 296 of PMBOK® Guide 5th Edition The communications management plan is a component of project management plan which mainly includes • Stakeholder communication requirement • Information to be communicated, including language, content, fo...

jyotimayank

Yes the correct answer is option B. No project can be executed in vacuum, hence structure of your performing organization can have a major impact on project management. If you are a consulting organizations Project manager, you are probably dealing with influence from performing as well your own org...

jyotimayank

Question 16

Which document is developed along the risk management processes from identify
risks through perform qualitative risk analysis to control risks?

A. List of risk triggers
B. Risk register
C. Risk mitigation
D. Decision tree

jyotimayank

Question 15

How does a project management team stay in touch with the work and the attitudes of project team members?

A. By observation and communication
B. Using closed questions during team meetings
C. Through third-party assessments
D. Through the team members’ functional managers

jyotimayank

Question 14 What is not a reason for companies to organize lessons learned? A. Lessons learned databases are an essential element of the organizational process assets. B. Lessons learned should focus on identifying those accountable for errors and failures. C. Lessons learned sessions should bring ...

jyotimayank

Question 13

According to Bruce Tuckman, which are the stages of team development?

A. Honeymoon, rejection, regression, acceptance, re-entry
B. Forming, storming, norming, performing
C. Tell, sell, consult, join
D. Direct, support, coach, delegate

jyotimayank

Question 12 How should change management be planned for? A. Changes are generally not predictable, therefore planning for change management cannot be reasonable. B. Planning for change management should be done while the various change control processes are being applied. C. Change management can b...

jyotimayank

Question 10 As the project manager, you decided to arrange a team meeting to identify and analyze lessons learned from quality control with stakeholders. What should you do with them? A. Document them and make them part of the historical database for the project and the performing organization. B. ...

jyotimayank

Question 7

_________ are usually not a manifestation of unique organizational cultures and styles.

A. Shared visions, values, norms, beliefs, and expectations
B. Individual traits and attitudes of co-workers
C. Views of authority relationships
D. Policies, methods, and procedures

jyotimayank

Question 6

The communications management plan is a document which includes descriptions of

A. Project level performance reports
B. Activity level status reports
C. Stakeholder communication requirements
D. Responsibility assignments

jyotimayank

The correct answer is option D. Refer to page 158 of PMBOK® Guide 5th Edition A best practice is a method or technique that has consistently shown results superior to those achieved with other means, and that is used as a benchmark. In addition, a "best" practice can evolve to become bette...

jyotimayank

Question 3

The concept of (the) _________ states that changes related to one requirement—scope, time, or cost—will at least influence one other element.

A. Three-point estimation
B. Triple constraint
C. Three wise men
D. Three needs theory

jyotimayank

Question 2 What is the purpose of a project charter A. To formally authorize a project or a phase and document initial requirements which satisfy the stakeholder’s needs and expectations. B. To document how the project will be planned, executed, monitored/controlled, and closed. C. To link the proje...

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