Free PMP Practice Exams, Hybrid Exam 1 Test your knowledge on PMP principles, take a Hybrid Methodology exam! Free PMP Practice Exams, Hybrid Exam 1: 1. The degree to which risk management is pursued can be the difference between project success and project failure, what risks should be assessed and categorized? All risks identified as high probability of occurrence and high potential impact Only risks identified as high probability of occurrence Only risks identified as high potential impact All identified risks 2. A new project seems similar to a previously completed project, why should the project manager consult the lessons learned and historical information first? To understand issues in the previous project Identify resources who worked on the previous project Determine a baseline for the budget Define requirements and finalize scope 3. A stakeholder feels excluded from project updates, what should the project manager do? Prepare a status report and send it to all stakeholders Review the communications management plan to ensure all stakeholders are included Meet all stakeholders and ask them to compare information Revise the communications strategy to send more frequent reports 4. During planning for a services expansion, an alternatives analysis identified a more effective service and the CCB approved the change request, what should the project manager do first? Implement the change as approved Conduct a cost-benefit analysis of the alternative service Modify the change to reduce schedule and budget impact Request justification from the CCB for the change 5. A stakeholder requests more frequent detailed status reports and greater involvement, how should the project manager proceed? Provide an immediate detailed update Revise the stakeholder engagement assessment matrix to supportive Develop a stakeholder cube Update the stakeholder communication plan and ensure team alignment on the new reporting requirements 6. What leadership quality must a project manager have? Aggressiveness Powerful Honesty Servant leader 7. A company conducting a critical bidding process includes a clause that penalizes delays beyond a specified threshold, how should the supplier’s project manager budget for it? Record it as a risk in the risk register and review it regularly to avoid the penalty Increase the quote to mitigate the risk and support the above clause Advise management not to participate in the request for proposals Advise management to purchase insurance coverage to transfer the risk and include it in the budget 8. A functional manager wants to reassign resources already allocated to the project, what should the project manager do? Escalate to the sponsor Accept project delay due to reassignment Ask the functional manager to delay their project Negotiate the resource requirement with the functional manager 9. Quality issues were observed, that would have been prevented using a checklist. The project manager decides to implements a checklist. What did the project manager just do? Facilitated a retrospective Conducted a lessons learned meeting Used corrective action Defined new quality metrics 10. A newly certified project manager reviewing the charter sees several unpredictable factors that may impact the project, what should be done? Update the project plan with schedule and budget forecasts Inform the sponsor about possible impacts Develop a risk management plan with details about the various factors Extend the issue log with what-if analysis 11. Throughout the life cycle of a project, the project manager will encounter problems that could impact objectives, which project document will be used to record and track this? Lessons learned Issue log Risk register Project management plan 12. A project is entering the user acceptance testing phase and omitted critical requirements were discovered, what should the project manager do first? Interview the team that conducted the analysis to learn why these business requirements were omitted Modify the requirements management plan and communicate that the schedule might be impacted Schedule a meeting with the project sponsor to report end users’ concerns Meet with the change control board to review change requests 13. A previously unidentified risk emerges during implementation, how does facilitating a brainstorming session help mitigate the risk while maintaining schedule? Brainstorm ways to add funding to compress schedule Apply qualitative data analysis techniques Brainstorming with the project team can identify multiple ideas in a short amount of time Brainstorm with stakeholders to redefine risk tolerance 14. A newly approved multinational project depends on deliverables from many departments, what is the most important action to ensure successful implementation? Create communications ground rules and develop the project plan Facilitate sessions to define detailed product requirements Develop a resource management plan identifying needed resources Meet with functional managers of the relevant departments to ensure alignment with project objectives 15. After the kickoff meeting for a huge project with team members across multiple countries, the project manager must lead the team in identifying project risks. Which risk identification method is best used in this situation? Monte Carlo analysis Affinity diagram The Delphi technique Decision tree analysis Loading …
