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