PMP Questions Based on Exam Tips Flashcards

1
Q

How are projects and operations similar?

A
  • involve employees
  • typically have limited resources
  • are designed, executed, and managed
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2
Q

How are projects and operations different?

A
  • projects are temporary and operations are ongoing
  • projects move, add, change, or delete and operations are maintenance
  • projects are special and unique and operations are repetitive
  • projects develop new products and operations manage core business functions
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3
Q

When is a project manager appointed to a project?

A

No later than project initiating.

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4
Q

How do projects in predictive environments manage project changes?

A
  • integrated change conrol ensures change requests are handled systematically
  • moving from a rough order of magnitude and fine-tinuning estimates as requirements are focused
  • phase-gate system allows stakeholders to pause and assess what has been done so far in the project and then make a decision whether or not to move on to the next phase
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5
Q

What are change-driven projects?

A
  • characterized by high uncertainty and unclear scope
  • often projects trying to build a unique solution that has not been created before
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6
Q

Who has the authority to reprimand project team members in a functional organization?

A

the functional manager

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7
Q

Who contributes to lessons learned on a project?

A

project managers should collect lessons learned from all stakeholders and ensure they are stored and made discoverable for later projects

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8
Q

How should project managers handle the ongoing maintenance of a product once it has been delivered by their project?

A

a project is temporary and unique, and maintenance is part of operations; maintenance does not fall under the project manager’s purview

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9
Q

What is the most common reason for requiring a change in a baseline?

A
  • incomplete risk identification and risk management
  • changes to baselines always requires change requests
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10
Q

What is the process for making a change?

A
  • identify the need for a change
    • measuring performance against baseline
  • evaluate impact of change within the knowledge area
    • how will a change request to scope change the scopr of the project?
  • create a change request
  • perform integrated change control
    • assess the change
      • do not approve it if it does not benefit your project or fall within the project charter
      • note that some changes might have already been accounted for within the contingency reserve
      • alternatives analysis and cost-benefit analysis are helpful in weighing options
    • identify options
      • balance constraints
      • sometimes it is necessary to accept the negative consequences of a change if the positive impact is more valuable to the project
    • get the change approved, rejected, or deferred
    • update the status of the change in the change log
    • adjust the project management plan, project documents, and baselines
      • replanning must be done to reflect the impacts of the change
  • manage stakeholders’ expectations by communicating the change to affected stakeholders
  • manage the proejct according to the revised plan
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