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