PMP Premium Exam Questions

The project manager should compare the achieved results to the contract requirements before obtaining financial, legal, and administrative approval to close the project and transfer the liability. This is because the project manager needs to ensure that the supplier has fulfilled all the contractual obligations and delivered the agreed scope, quality, and performance standards. The project manager should also verify that the supplier has completed all the required documentation, testing, training, and warranty services. The project manager should also review the lessons learned, feedback, and satisfaction surveys from the supplier and the project team. This will help the project manager evaluate the supplier’s performance, identify any issues or disputes, and resolve them before making the final payment and closing the project. The project manager should also communicate with the supplier and the relevant stakeholders about the project closure and the transfer of liability. References: (Professional in Business Analysis Reference Materials source and documents)

PMBOK® Guide, 6th edition, Section 12.3.1, “Close Procurements: Inputs”

PMBOK® Guide, 6th edition, Section 12.3.2, “Close Procurements: Tools and Techniques”

PMBOK® Guide, 6th edition, Section 12.3.3, “Close Procurements: Outputs”

PMI-PBA® Guide, 1st edition, Section 6.4.1, “Evaluate Solution: Inputs”

PMI-PBA® Guide, 1st edition, Section 6.4.2, “Evaluate Solution: Tools and Techniques”

PMI-PBA® Guide, 1st edition, Section 6.4.3, “Evaluate Solution: Outputs”

According to the PMBOK Guide, the project manager should assess the situation to understand how the organization’s culture impacts the decision-making process, and coach the team toward a new model. This is because the project manager is responsible for facilitating the team’s decision-making process and ensuring that it aligns with the agile principles and values1. The project manager should also consider the following factors that may affect the team’s decision-making process2:

The level of empowerment and autonomy given to the team by the organization and the stakeholders

The degree of collaboration and communication among the team members and with other parties

The availability and quality of information and data to support the decision-making process

The complexity and uncertainty of the project environment and the product requirements

The time and resource constraints and the impact of delays on the project outcomes

The potential risks and opportunities associated with the decisions and the alternatives

The feedback and learning mechanisms to evaluate and improve the decision-making process

The project manager should coach the team toward a new model of decision-making that is more agile and adaptive, such as the following3:

Decentralized decision-making: The team members are empowered to make decisions within their scope of work and authority, without waiting for approval from higher levels of management. This can increase the team’s speed, efficiency, and ownership of the decisions.

Collaborative decision-making: The team members work together to make decisions that benefit the project and the stakeholders, rather than competing or conflicting with each other. This can enhance the team’s creativity, innovation, and quality of the decisions.

Data-driven decision-making: The team members use empirical evidence and data to support their decisions, rather than relying on assumptions or opinions. This can improve the team’s accuracy, reliability, and transparency of the decisions.

Iterative decision-making: The team members make decisions in small increments and cycles, rather than in large batches and phases. This can allow the team to adapt to changing conditions and feedback, and to deliver value early and frequently.

Value-based decision-making: The team members make decisions that maximize the value delivered to the customer and the stakeholders, rather than focusing on the cost or the schedule. This can ensure the team’s alignment with the project vision and goals.

 The question is about an agile project, where the team works in iterations or sprints to deliver incremental value to the customer. In such a project, the project manager needs to monitor the team’s performance and knowledge gaps regularly and provide feedback and support. Two project events that can help the project manager to do this are:

Retrospective: This is a meeting held at the end of each sprint, where the team reflects on what went well, what went wrong, and what can be improved in the next sprint. The retrospective allows the team to identify and address any issues or impediments that affect their work, including knowledge gaps. The project manager can facilitate the retrospective and help the team to find solutions or resources to fill the knowledge gaps12

Backlog refinement: This is a process of reviewing and updating the product backlog, which is a prioritized list of features or requirements that the team needs to deliver. The backlog refinement helps the team to clarify and decompose the requirements, estimate the effort and complexity, and plan the upcoming sprints. The project manager can participate in the backlog refinement and help the team to understand the requirements and resolve any ambiguities or uncertainties13

The other options are not as relevant or effective as the retrospective and backlog refinement for the purpose of the question. Requirements analysis is a process of eliciting, analyzing, and validating the requirements, which is usually done before the project starts or during the initiation phase. It is not a specific event that occurs regularly during an agile project4 Sprint planning is a meeting held at the beginning of each sprint, where the team selects the requirements from the product backlog and commits to deliver them within the sprint. It is not a suitable event to assess the team’s knowledge gaps, as it focuses on the scope and schedule of the sprint1 Standup is a daily meeting where the team members share their progress, plans, and problems. It is a useful event to monitor the team’s work and identify any blockers, but it is not enough to address the team’s knowledge gaps, as it is usually brief and focused on the current tasks1

 According to the Project Management Body of Knowledge (PMBOK), one of the key responsibilities of a project manager is to ensure that lessons learned from previous projects are applied to current projects. This helps to avoid repeating the same mistakes and to leverage successful strategies. In this scenario, the project manager should share the lessons learned from the previous project with the team member. This will not only help to resolve the current issue more efficiently but also contribute to the team member’s learning and development. References: PMBOK Guide, 6th Edition, Section 4.4.3.1 - Lessons Learned Register