Tuesday 6/4/2024 PMP Test Questions
Taco Tuesday Edition
Hi all,
Here are your five PMP Test Questions for Tuesday, 6/4/2024.
Question 1: Risk Management
Question: What is the purpose of performing a qualitative risk analysis in project management?
A) To numerically analyze the probability and impact of risks.
B) To prioritize risks based on their likelihood and potential impact on project objectives.
C) To eliminate risks from the project.
D) To develop detailed strategies for mitigating risks.
Correct Answer: B) To prioritize risks based on their likelihood and potential impact on project objectives.
Rationale: Qualitative risk analysis helps the project team prioritize which risks need more detailed analysis or immediate action based on their potential impact and likelihood, facilitating more efficient risk management.
Question 2: Stakeholder Management
Question: What should a project manager do first when identifying stakeholders?
A) Determine their communication needs.
B) Analyze their potential impact on the project.
C) Establish methods for managing their expectations.
D) Document their level of interest and influence.
Correct Answer: D) Document their level of interest and influence.
Rationale: The first step in stakeholder identification is documenting stakeholders' level of interest and influence to understand how best to engage them and manage their impact on the project effectively.
Question 3: Scope Management
Question: During which process is the project scope statement created?
A) Initiation
B) Planning
C) Execution
D) Monitoring and Control
Correct Answer: B) Planning
Rationale: The project scope statement is developed during the planning phase. It defines the project's boundaries, deliverables, and the major objectives, guiding the project team and stakeholders throughout the project lifecycle.
Question 4: Integration Management
Question: What is the key benefit of developing an integrated change control system?
A) To ensure changes are made as quickly as possible.
B) To reduce the project cost.
C) To coordinate changes across the entire project.
D) To eliminate the need for stakeholder approval.
Correct Answer: C) To coordinate changes across the entire project.
Rationale: An integrated change control system ensures that all proposed changes are considered in relation to the entire project's objectives and constraints, helping manage impacts on scope, cost, and schedule.
Question 5: Cost Management
Question: Which cost estimating technique is based on historical data and statistical methods?
A) Analogous estimating
B) Bottom-up estimating
C) Parametric estimating
D) Expert judgment
Correct Answer: C) Parametric estimating
Rationale: Parametric estimating uses statistical relationships between historical data and other variables (e.g., square footage in construction) to produce a higher accuracy estimate.