Selected PMP Project-Management-Professional Questions Answers

According to the Project Management Body of Knowledge (PMBOK) guide, when a significant change is requested that was not part of the original plan, the project manager should first analyze the impact of this change on the project’s scope, schedule, cost, and resources. This analysis should then be presented to the senior manager or project sponsor, who can make an informed decision about whether to proceed with the change.

This approach ensures that the implications of the change are fully understood before any action is taken, and it allows the project’s stakeholders to make decisions based on the most accurate and up-to-date information. This is a key aspect of effective change management in project management. References: PMBOK Guide, 6th Edition, Section 4.5: Perform Integrated Change Control.

 The project manager’s role is to ensure that the project meets its objectives while balancing the project constraints. In this scenario, the project team has identified a low-cost software product that could drastically reduce the scope of development. The development manager has confirmed that this tool would fulfill the business need. Therefore, the project manager should recommend this option to the product owner for consideration. The product owner is responsible for maximizing the value of the product resulting from the work of the development team. They are the ones who manage the product backlog and make the final decision on what should be included in it. References: Project Management Professional (PMP) Reference Materials, Professional in Business Analysis Reference Materials study guide.

In a situation where there is disagreement about the value of certain activities in a project, especially when the project is at risk of running over budget, the project manager should:

Collaborate with the functional manager to determine which critical activities could be accommodated by the budget (A): This approach allows for a shared understanding of the project’s constraints and priorities. It also provides an opportunity for the functional manager to contribute to the decision-making process, which can lead to better buy-in and less resistance1.

Conduct a meeting with the functional manager to explain why the activities needed to be stopped ©: Clear communication is key in managing conflicts. By explaining the reasons behind the decision, the project manager can help the functional manager understand the situation better. This can lead to a more constructive discussion and potentially a compromise1.

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In this scenario, the organization is exploiting a risk management strategy. Exploitation is a strategy used in positive risk management or opportunity management. It seeks to make sure the opportunity is realized. By assigning the most talented resource to the project, the organization is trying to exploit the opportunity to finish the project earlier than planned.

PMBOK Guide, 6th Edition, Section 11.5.2.1, Strategies for Opportunities. The PMBOK Guide is a foundational standard from the Project Management Institute (PMI) that provides guidelines for managing individual projects and defines project management related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle. The PMBOK Guide is process-based, meaning it describes work as being accomplished by processes. This approach is consistent with other management standards such as ISO 9000 and the Software Engineering Institute’s CMMI. Processes overlap and interact throughout a project or its various phases. Processes are described in terms of:

Inputs (documents, plans, designs, etc.)

Tools and Techniques (mechanisms applied to inputs)

Outputs (documents, products, etc.)