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Exam Code: PMP
Exam Name: Project Management Professional
One year free update, No help, Full refund!
PMP Study Guide Total Q&A: 3615 Questions and Answers
Last Update: 2014-10-16

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NO.1 A project manager is creating a risk response plan. However, every time a risk response is
suggested, another risk is identified that is caused by the response. Which of the following is the BEST
thing for the project manager to do?
A. Document the new risks and continue the Plan Risk Responses process.
B. Make sure the project work is better understood.
C. Spend more time making sure the risk responses are clearly defined.
D. Get more people involved in the Identify Risks process since risks have been missed.
Answer: A

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NO.2 Which of the following statements are true?
A. Contract closure and administrative closure both involve quality assurance activities
B. Contract closure and administrative closure both involve scope verification
C. Contract closure and administrative closure both involve benefit cost analysis
D. Contract closure and administrative closure both involve product verification
Answer: D

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NO.3 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.4 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.5 Which of the following best describes residual risks?
A. Risks that arise due to quality issues
B. None of the choices are correct
C. Risks that still remain after implementing a risk response
D. Risk that come about as a direct result of implementing a risk response
Answer: C

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NO.6 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.7 As the project manager, you are preparing your methods for quality management. You are
looking for a method that can demonstrate the relationship between events and their resulting
effects. You want to use a method to depict the events that cause a negative effect on quality. Which
of the following is the BEST choice for accomplishing your objective?
A. Histogram
B. Pareto chart
C. Ishikawa diagram
D. Control chart
Answer: C

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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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