Test your knowledge on PMP principles, take a mini exam! Free PMP Practice Exams, Mini Exam 1: 1. Who has the authority to act as a key stakeholder and decision-maker throughout a project’s lifecycle to ensure business alignment? Project Sponsor. Project Management Office (PMO). Customer. Project Manager. 2. A project requires imported components; but the exchange rate may lead to a loss. The project manager decides not to act. What risk response was applied? Avoid. Transfer. Minimize. Accept. 3. A project manager invites stakeholders to daily standup meetings; but none attend. What should be done? Cancel standup meetings and find alternative communication methods. Individually engage stakeholders to understand non-attendance reasons. Continue the meetings and wait for stakeholders to join. Escalate the issue to management for intervention. 4. A project manager identifies new risks that might impact critical tasks and needs to report them. Besides the risk report; which document should be referenced? Assumption log. Risk register. Probability and impact matrix. Risk management plan. 5. During iteration planning; some user stories with high value are also high risk. What should the project manager do? Use Monte Carlo analysis to determine the best sequence. Prioritize low-risk stories to boost team morale. Schedule user stories based on stakeholder preferences. Include high-risk user stories in earlier sprints. 6. A project team is frequently missing milestones; and a stakeholder is concerned. The project manager also identifies team conflict and missing skills. What should be done? Inform stakeholders the project will miss the deadline. Replace the team member with someone new. Reassign the team member lacking skills. Meet with the team to identify root causes and develop a plan. 7. A project team is waiting for a new server for end-user testing; but the delay is affecting the schedule. What should the project manager do? Perform testing on the existing server. Request expedited delivery from the supplier. Bypass testing and move forward. Adjust the project timeline while waiting for the server. 8. A market regulation change may impact a project nearing completion. What should the project manager do? Perform a cost-benefit analysis. Update the cost baseline. Check the stakeholder register. Review the risk management plan. 9. A project is selected for a compliance audit; but the customer believes it is unnecessary and asks the team to avoid disruption. What should the project manager do? Initiate the audit without informing the customer. Exclude the team from the audit as requested. Schedule a meeting with all stakeholders for alignment. Meet with the customer to explain compliance requirements and proceed with the audit. 10. A project manager struggles to manage stakeholders due to unclear engagement levels. What should be done? Meet with the CCB to assess new stakeholder impact. Develop a stakeholder engagement assessment matrix. Determine each stakeholder’s risk threshold. Update the stakeholder communication plan. 11. A multinational company is implementing software that will impact multiple departments. What should be developed to align stakeholder expectations with the final product? Use a stakeholder engagement assessment matrix. Develop a project statement of work. Create a stakeholder engagement plan. Develop a risk breakdown structure. 12. A project manager leading an agile project wants to enhance team motivation. What should be done? Recognize accomplishments after the Go-Live stage. Establish a benefits system to maintain engagement. Plan a celebration after project completion. Coordinate financial bonuses for the team. 13. A functional manager removes a technical specialist from a project to handle a critical customer issue; delaying a milestone. What should the project manager do first? Analyze the impact of the specialist’s absence. Ensure the specialist’s time is not charged to the project. Review the communications management plan with stakeholders. Speak with the functional manager to secure the specialist’s return. 14. A project’s steering committee is replaced by a single sponsor due to budget cuts. What should the project manager do? Submit a change request to the CCB. Schedule a meeting with the sponsor to discuss budget changes. Draft a new project update for the sponsor. Modify the communications management plan to reflect the stakeholder change. 15. A project team is learning agile methods but is losing motivation during daily standups. What could be done in this scenario? Identify a budget to incentivize the team. Schedule team-building exercises focused on engagement. Have the sponsor attend the standup to address distractions. Work with the team to target higher levels of performance by providing more challenging goals. Loading …