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Exam Name: Project Management Professional
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PMP Real Exams Total Q&A: 3615 Questions and Answers
Last Update: 2014-10-19
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NO.1 You are the project manager for a software company that develops stock analysis software. You
have been assigned to assigned to develop a new technical analysis tool to forecast to price of a stock
given this historical volatility based on Elliot Wave technique. You need to gather the necessary
information to write the project scope management plan. Which of the following information do you
NOT need as inputs to your current process?
A. Project scope statement
B. Project management plan
C. Enterprise environmental factors
D. Preliminary project scope statement
E. Project charter
Answer: A
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NO.2 You are the project manager within an information technology department of a large retailer
In order to allow for better real-tracking, in inventory control, and supply chain management, in
inventory control, and supply chain management, your company in financing a project to install and
to install and deploy RFID on all items of merchandise. As the project manager, you've just completed
the select sellers' process, and selected 5 different vendors on your qualified sellers list who has
responded to your company's RFP. One of the vendors remaining the qualified sellers list is RFID-PM
Inc. although you have no financial interest in this company, one of yours old high school buddies,
Terence, sits on the board of directors of this company. Is there a conflict of interest in this situation?
A. In order to protect your privacy, you only have to disclose your relationship with RFIDPM, Inc. if
you are directly questioned
B. Because of your friendship with Terence, a conflict of interest exist that must be disclosed
immediately
C. Depending on the depth of your friendship with Terence, a conflict of interest could exist
D. Since neither you nor your family members has any financial interests in this company there is no
conflict of interest
Answer: D
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NO.3 During what Time Management Process are the specific activities that must be performed to
produce the deliverables in the WBS identified and documented?
A. Estimate Activity Durations
B. Define Activities
C. Sequence Activities
D. Develop Schedule
Answer: B
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NO.4 Key Management skills include:
A. Negotiating
B. All of the other alternatives apply
C. Leading
D. Communicating
Answer: B
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Explanation:
All options are key management skills.
NO.5 A company is about to begin work on a large construction project to build four new buildings
for a bank that wants to open new branches. The sponsor is writing a project charter. She recalls that
a previous project the company performed for another bank ran over budget because the team had
underestimated the effort required to install the reinforced walls in the vault. The previous project
manager had documented the details of the lessons learned from this project. Where should the
sponsor look for these lessons learned?
A. The company's organizational process assets
B. The project records management system
C. The project's work performance information
D. The project's performance reports
Answer: A
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Explanation:
Lessons learned from past projects are always part of a company's organizational process assets, and
are usually stored in a process asset library. The other three answers are important project tools, but
they're not where you find lessons learned.
NO.6 The Risk of NOT meeting project quality objectives:
A. considered a long term risk.
B. can be minimized through continuous monitoring.
C. All of the other alternatives apply.
D. will be reflected in the "in-service" life of the product or service.
E. Considered a long term risk and will be reflected in the "in-service" life of the product or service.
Answer: C
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NO.7 During execution of a project, the most common source of conflict within the project team is
likely to be:
A. Schedules
B. Priorities
C. Technical opinions
D. Cost
Answer: A
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NO.8 Which is not an example of a correctly handled Contract closure procedure?
A. Early termination of a contract because of arepudiatory breach
B. Settling and finally closing the contract agreement
C. Early termination of a contract because of an immaterial breach
D. Product verification by stakeholders and administrative closure
Answer: C
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