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PMP Mock Test 1 Questions And Answers Latest Updates 2024/2025
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PMP Mock Test 1 Questions And Answers Latest Updates 2024/2025
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PMP Mock Test 1 Questions And AnswersLatest Updates 2024/2025
In the middle of the execution phase for a big project, a new stakeholder who
was unfamiliar with the project joined the board of directors and is
influencing the decisions made in the project. This change is impacting the
project's progress. What should the project manager do first?
A. Inform the client about the change.
B. Update the risk register with the new risk.
C. Present the Project to the stakeholder.
D. Revise the project schedule. ANS✔✔ C.
Presenting the project to the new stakeholder is the most proactive and
constructive step to take when a new influential stakeholder joins the project
in the middle of the execution phase. By doing so, the project manager can:
- Provide the new stakeholder with a comprehensive understanding of the
project, its objectives, scope, and current status.
- Share the project's progress, achievements, and challenges.
- Address any questions or concerns the new stakeholder may have.
- Establish open communication and build a working relationship with the
stakeholder.
This approach helps ensure that the new stakeholder is well-informed and
can make informed decisions that are aligned with the project's goals and
objectives. It also demonstrates transparency and a willingness to
collaborate. While options A, B, and D may be necessary at some point,
presenting the project to the new stakeholder should be the first step to
establish effective communication and engagement, which can help mitigate
potential disruptions to the project caused by their influence.
In the past year, a company paid US$60,000 to an external subcontractor for
an ongoing project. The project manager has been asked to evaluate if the
2024
,project can be delivered more cost effectively this year by using internal
labor. The project manager used an optimistic term of 4 months, a
pessimistic term of 6 months, and a most expected term of 5 months, and
has concluded that the service can be delivered with the following resources:
Two engineers (monthly salary of US$700 each), One project manager
(monthly salary of US$1,600), Additional estimated monthly expenses of
US$2,000 The project manager used the program evaluation and review
technique (PERT) to calculate the savings if the project is delivered with in-
house resources. How much money will the project manager estimate the
company can save?
A. $35,000
B. $20,000
C. $40,000
D. $30,000 ANS✔✔ A.
Calculate the estimated duration: Estimated Duration = (4 + 4 * 5 + 6) / 6 =
(4 + 20 + 6) / 6 = = 5 months
Cost of two engineers for 5 months = US$7,000
Cost of one project manager for 5 months = US$8,000
Additional monthly expenses for 5 months = US$10,000
Total = US$25,000
Estimated Savings = US$60,000 - US$25,000 = US$35,000
A project to build a new energy plant was just completed. However, a few
days before operation of the plant, the local community protested and closed
access to the plant. They argue that an important natural reserve was
impacted and prior consultation was not done by the project team. What
should the project manager verify first?
A. Stakeholder engagement plan.
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, B. Cost-benefit analysis
C. Business case
D. Risk management plan ANS✔✔ A.
Stakeholder engagement plan: The stakeholder engagement plan outlines
how the project team will engage and communicate with various
stakeholders throughout the project's lifecycle. In this case, the local
community's concerns indicate that there might have been issues with
stakeholder engagement and consultation. Verifying the stakeholder
engagement plan will help the project manager determine whether the
appropriate steps were taken to engage with the local community, address
their concerns, and ensure compliance with any necessary regulations or
consultation requirements.
During an iteration review session, some product features are at risk of being
canceled due to high operational costs when the product is launched into a
production environment. What type of analysis should the project lead have
conducted to avoid this situation?
A. Benefits analysis
B. Capacity analysis
C. Gap analysis
D. Risk analysis ANS✔✔ D.
Risk analysis involves identifying, assessing, and mitigating risks that may
impact the project or product. In this case, the risk of high operational costs
when launching the product into a production environment is a significant
concern. By conducting a risk analysis, the project lead could have identified
this risk, assessed its likelihood and impact, and developed mitigation
strategies to address it.
A project manager is assigned to a technical research project. The project
team has already been assigned, and the main subject matter expert (SME)
sends the project manager a list of the technical skills required for the
execution of this project. What should the project manager do next?
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