Free PMP Exam Braindumps - New 2022 PMI Pratice Exam [Q411-Q426] : Top Exam Collection : http://blog.topexamcollection.com

NO.411 In a software development project the product owner and development team agree on a sprint backlog The highest priority in the backlog is to build a payment module The team worked on the module during the first half of the sprint, but now two developers want to spend the rest of the sprint focusing on refactoring another feature that might create issues in the future.
What should the project manager do?

Let the developers focus on the refactoring work and discuss it in the retrospective

Restate to the developers the importance of focusing and meeting the sprint goal.

Praise the developers for their proactivity and focus on quality.

Escalate the issue to the developers’ functional managers

NO.412 At the beginning of a project you are asked for an order of magnitude budget. What type of budget estimate are you likely to use?

Analogous

Parametric modeling

상향식

Detailed

NO.413 A project team’s performance has declined for the last three iterations Some of the team members are disappointed, and raise their concerns during the retrospective meeting What should the project manager do?

Focus on remediation not merely on correcting symptoms

Compare the team’s performance against other project teams

Identify potential failure points based on the iteration workload

Motivate the team to perform better

NO.414 As a project manager of a construction project, the project is currently in the execution phase. During a project update meeting for the key stakeholders, if the project sponsor informed you that the project no longer has any business value, what should you do next?

Request the project customer to intervene.

Immediately terminate the project, since the project no longer makes any business value.

Review the business case.

Request the project sponsor to provide more details.

NO.415 A company has started a drainage improvement project to avoid flooding due to heavy rainfall. During its execution phase, the project manager realizes that the cost-benefit analysis was not included in the business case.
What should the project manager do?

Notify the stakeholders.

Initiate a change request.

Notify the project sponsor.

Conduct an impact analysis.

NO.416 A project manager is assigned to a new water treatment plant project that has been delayed for many years. It is revealed in the project charter that the sponsors of this project are from three different business units. This is the first time the sponsors have ever implemented such a project.
What should the project manager do?

Establish mentoring and coaching sessions.

Review the knowledge repository for similar projects.

Schedule the project kick-off meeting immediately.

Meet with the project sponsors to align expectations

NO.417 Which of the following is an information gathering technique in Identify Risks?

Influence diagrams

브레인스토밍

Assumption analysis

SWOT 분석

NO.418 A project manager just completed the planning phase when a new stakeholder was assigned to the project. The deliverables were discussed with the customer, but the new stakeholder is still concerned about the benefits of two of the deliverables.
What should the project manager do next to address this stakeholder’s concerns?

Review the benefits realization plan with the stakeholder.

Provide the stakeholder with regular updates on project progress.

Add the stakeholder to the stakeholder engagement plan.

Review the prior analysis results with the stakeholder.

NO.419 The diagram below is an example of a:

Risk breakdown structure (RBS).

Project team.

SWOT Analysis.

Work breakdown structure (WBS).

NO.420 A fixed-price-plus-incentive-fee (FPI) contract has a target cost of $130,000, a target profit of $15,000, a target price of $145,000, a ceiling price of $160,000, and a share ratio of 80/20. The actual cost of the project was $150,000. How much profit does the seller make?

$10,000

$15,000

$5,000

Here is the definition of FPIF (from Federal ARNET):Fixed-price incentive (firm target) contracts(a) Description. A fixed-price incentive (firm target) contract specifies a target cost, a target profit, a price ceiling (but not a profit ceiling or floor), and a profit adjustment formula. These elements are all negotiated at the outset. The price ceiling is the maximum that may be paid to the contractor, except for any adjustment under other contract clauses. When the contractor completes performance, the parties negotiate the final cost, and the final price is established by applying the formula. B. When the final cost is less than the target cost, application of the formula results in a final profit greater than the target profit; conversely, when final cost is more than target cost, application of the formula results in a final profit less than the target profit, or even a net loss. C. If the final negotiated cost exceeds the price ceiling, the contractor absorbs the difference as a loss. Because the profit varies inversely with the cost, this contract type provides a positive, calculable profit incentive for the contractor to control costs. Hence the only relevant facts are:Target Cost (130000 in this case), which triggers the max profit!Target Profit (15000 in this case), which the contractor earns when he delivers at exact130000.Ceiling Price (160000) no matter what the contract value (cost plus incentive) cannot go beyond this. Share Ratio: 80/20 (Buyer/Seller) and Seller means contractor, here.The contractor exceed the cost by = 20,000(Target Cost – Actual Cost = $1,30,000 1,50,000. = -20,000)Since the Sharing Ratio is 80:20, the contractor has to bear 20% of the cost overrun; Seller’s incentive = 20% * -20,000 = -4000.Since the contractor pays $4000, the Target Profit would be 15,000 – 4000 = 11,000.The contractor has to get Actual Cost + Profit = $1,50,000 + 11,000 = 1,61,000. Since there is a ceiling of 1,60,000, the contractor actually gets paid for only 1,60,000.Hence the total Profit would be Net Income Net expenditure (Cost)= 1,60,000 – 1,50,000 = 10,000.Answer A

NO.421 As the leader of a project team, the project manager may be required to assess the competencies of his or her team members. Occasionally, some weaknesses or areas for improvement will be identified. The project manager should:

Communicate those weaknesses and establish a performance improvement program

Remove any team members who have demonstrated weaknesses in critical knowledge areas

Hire additional resources to compensate for weak areas

Wait for the team members to fail in an assignment to justify termination

NO.422 During project execution, the risk owner is monitoring the critical speed rate of a power engine to eventually trigger the defined risk-response strategy. During the risk assessment and management process phase, it was defined that the power engine has the following characteristics
1,600 rpm (rate-per-minute) -> stops working and crashes the system
1.500 rpm (rate-per-minute) -> warns of max rate allowed
1.400 pm (rate-per-minute) -> reduces the power and brakes the engine
Which of the following statements is correct?

0 1,600 rpm is a project risk,
1,500 rpm is an event that triggers a response strategy and 1,400 rpm is a project issue.

1,600 rpm is a project issue,
1,500 rpm is an event that triggers a response strategy and 1,400 rpm is a project risk

1600 rpm is a project issue; 1,500 rpm is a project risk; and
1,400 rpm is an event that triggers a response strategy

1.600 rpm is an event that triggers a response strategy.
1,500 rpm is a project issue and 1,400 rpm is a project risk.

NO.423 A period of time in work weeks which includes non-working days is called:

Elapsed Time

Effort

Earned Time

기간

NO.424 The project manager has performed schedule network analysis, compressed the schedule, and completed a Monte Carlo analysis. What time management activity should be done NEXT?

Update resource requirements

Recommend corrective actions

Estimate Activity Durations

Create a milestone list

NO.425 A project manager discovers that two team members discussed what was needed to complete a work package on the project and made many changes to the project scope. The work package is now completed and the team members are planning to go on to the next work package. In looking at what was done, the project manager determines that the work does NOT meet the requirements of the project. What is the BEST course of action for the project manager?

Add another work package, formatted with the correct scope, to the project.

Refuse the submittal of the work package.

Have the team begin the work package again and include the incident in their performance reviews.

Ask the team member’s manager to assign different people to the work package.

NO.426 A number of items in the stakeholder management plan are similar to those in the communications management plan. An example is______________

Method for updating and refining the plans as the project progresses and develops

Stakeholder communication requirements for the current project phase

Information to be distributed to stakeholders including language, format, content, and level of detail

Time frame and frequency for the distribution of required information to stakeholders