Disclose project budget to vendor
Sally is the project manager for a building restoration project. She is also part of the team that decides which vendor they will be selecting to redo the exterior. Bill, her good friend of ten years, happens to be one of the vendors bidding on the project and asks Sally about the budget. Sally should:
A. Give Bill the information he needs so he does not submit a bid that is over the budget.
B. Notify all vendors of the budget so none of them have a distinct advantage.
C. Refuse to give Bill the budget information.
D. Give Bill a range of where the budget may fall so you can help him without disclosing the exact budget.
Answer: C. Refuse to give Bill the budget information.
This is a conflict of interest. Sally should keep the vendor selection process separate from conversations she has with her friend.
Processes in Closing process group
Processes in the Closing process group are:
A. Close Project or Phase, Verify Scope, Close Procurements
B. Close Project or Phase, Report Performance
C. Close Project or Phase, Close Procurements
D. Close Project or Phase, Administer Procurements
Answer: C. Close Project or Phase, Close Procurements
Close Project or Phase from the Integration knowledge area and Close Procurements from the Procurement knowledge area are the only two processes in the Closing process group.
Stakeholder influence, risk, and uncertainty
As a project progresses, stakeholder influence, risk, and uncertainty will all:
A. Increase
B. Decrease
C. Depend on other factors
D. Stay the same
Answer: B. Decrease
Stakeholder influence, risk, and uncertainty will decrease as project progress through the life cycle. As the deliverables evolve, many more known factors will be revealed.
Person who funds the project
What term best describes the person who provides financial resources to the project?
A. Sponsor
B. Project manager
C. Customer
D. Resource manager
Answer: A. Sponsor
The sponsor is either a person or group who funds the project.
Long-term project outcomes
While working on a project to relocate hazardous materials from one location to another, you are asked to work with the company’s risk manager to monitor how the project may impact the communities during and after the project. The professional responsibility term that describes this :
A. Conflict of interest
B. Probability and impact matrix
C. Unethical behavior
D. Social-economic-environmental-sustainability
Answer: D. Social-economic-environmental-sustainability
Social-economic-environmental-sustainability means that the project may produce effects long after its completion.
Sharing information with new employer
You are working for a new company and your new boss asks you to show him a requirements document from your previous company. What is the best thing for you to do?
A. Provide the requirements document since you are supposed to learn from previous projects.
B. Do nothing and hope he forgets that he asked.
C. Tell your new boss that it is unethical for you to provide anything from a previous employer.
D. Tell your new boss that you will provide him with the requirements document after you remove all confidential information.
Answer: D. Tell your new boss that you will provide him with the requirements document after you remove all confidential information.
You are expected to share best practices but you must be certain not to break confidentiality. Although you could decline to share, the more appropriate action would be to purge the document of anything that is identifiable with the previous employer and treating it as a historical document that can be learned from.
Cost of making changes
As a project progresses, the cost of making changes will:
A. Increase
B. Decrease
C. Depend on other factors
D. Stay the same
Answer: A. Increase
Making changes cost more as projects progress through the life cycle. For example, typically changing a requirement is easy during the planning stage but once a prototype has been built, changing a requirement might unravel some work already performed.
Processes in Initiating process group
Processes in the Initiating process group are:
A. Develop Project Charter, Identify Stakeholders
B. Develop Project Charter, Develop Preliminary Scope Statement
C. Develop Project Management Plan, Identify Stakeholders
D. Develop Project Management Plan, Plan Communications, Identify Stakeholders
Answer: A. Develop Project Charter, Identify Stakeholders
Develop Project Charter from the Integration knowledge area and Identify Stakeholders from the Communications knowledge area are the only two processes in the Initiation process group.
Public responsibility
Danielle is the project manager for a public water organization. During the testing phase, she learns that there are contaminants in the water left from her construction project. Danielle consults her environmental experts and they claim that there is very little risk of any sickness. What is the best thing for Danielle to do?
A. Inform the public that the water is safe but they should boil the water before drinking.
B. Inform the public and perform a more detailed examination to locate the root of the problem.
C. Inform the public of the water treatment process and your organization’s safety record.
D. Do nothing because there is low risk for sickness.
Answer: B. Inform the public and perform a more detailed examination to locate the root of the problem.
Managing expectations, even for the public, is key to any project or organization. In this case, the problem also requires remediation to ensure that the problem can be solved to prevent continued issues with the water.
PMP responsibilities
As a PMP, you are responsible for all of the following except:
A. Ensuring that the PMBOK® Guide is strictly enforced
B. Meeting the scope of the project
C. Providing accurate estimates to superiors
D. Keeping confidential information from leaking
Answer: A. Ensuring that the PMBOK® Guide is strictly enforced
The PMBOK® Guide is simply a recommended standard and not meant for project managers to follow strictly.
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