Free PMP Practice Exams, Basic Test 4: Test Your Knowledge on these free basic PMP principles before going to harder topics 1. A sponsor wants to avoid team member overwork and accepts potential project delays. What resource management technique aligns with this? Resource leveling Lag Free float Resource smoothing 2. What tool is used to determine the project budget by combining activity costs? Cost aggregation Bottom-up estimation Expert judgment Parametric estimation 3. A project is canceled before completion. What’s the project manager’s immediate action? Return to planning to understand why the project might have been terminated Inform the project team, conduct a lesson learned session, and formally release the team from the project Inform management that the project cannot stop because it already started Immediately released the team and start working on the new project 4. A stakeholder requests a change outside the project scope. What’s the project manager’s best course of action? Inform the stakeholder that this change request should be considered a new project Ignore the change request Inform the stakeholder that the change will incur a significant cost and time increase Pass the change to change control board 5. A project manager consults with industry experts to address project challenges. Which tool/technique is being used? Focus groups Questionnaires and surveys Expert judgment Brainstorming 6. What process involves ranking risks based on probability and impact? Rank Risk Perform qualitative risk analysis Plan risk response Perform quantitative risk analysis 7. How is the Product Backlog prioritized in Agile? By regulation By value By schedule By cost 8. A project must be completed by a specific date to avoid being scrapped. What does this represent? Project scope Project constraint Project work Project requirement 9. What should a project manager do after the project management plan is approved? Get all deliverables accepted Hold a kickoff meeting Inform senior management Update the functional managers 10. What type of estimate has a variance of -25% to +75% and is typically used in early project phases? Rough order of magnitude estimate Materials estimate Detail estimate Definitive estimate Loading …
