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PMP Rita Exam Prep Questions-1 with correct Answers

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You receive notification that a major item you are purchasing for a project will be delayed. what is the BEST thing to do? A. Replan your project to accomodate this delay. B. Notify your boss. C. Let the customer know about it, and talk over options. D. Meet with the team, and identify alternatives. - ANSWER D Experience shows that each time you double the production of doors, unit costs decrease by 10 percent. Based on this, the company determines that production of 3,000 doors should cost $21,000. This case illustrates: A. Learning cycle. B. Law of diminishing returns. C. 80/20 rule D. Parametric cost estimating. - ANSWER D The ongoing definition of a project as more information becomes available to the team is called: A. Scope validation. B. Strategic planning. C. Progressive elaboration. D. Quantitative elaboration. - ANSWER C The process of decomposing deliverables into smaller, more manageable components is complete when: A. Project justification has been established. B. Change requests have occurred. C. Cost estimates can be developed for each work element. D. Each work element is found in the WBS dictionary. - ANSWER C In a matrix organization, information dissemination is MOST likely to be effective when: A. Information flows both horizontally and vertically. B. The communication flows are kept simple. C. There is an inherent logic in the type of matrix chosen. D. Project managers and functional managers socialize. - ANSWER A The seller on the project has presented the project manager with a formal notification that the seller has been damaged by the buyer's activites. The seller claims that the buyer's slow response to requested approvals has delayed theproject and has caused the seller unexpected expense. The FIRST things the project manager should do are: A. Collect all relevant data, send the data to the company attorney, and consult with the attorney about legal actions. B. Review the contract for specific agreed-upon terms that relate to the issue, see if there is a clear response, and consult an attorney if needed. C. Review the procurement statement of work for requirements, send a receipt of claim response, and meet to resolve the issue without resorting to legal action if possible. D. Hold a meeting with the team to review why the acceptances have been late, make a list of the specific reasons, and correct those reasons. - ANSWER B When managing a project, which of the following is the BEST order to deal with problems that arise? A. Go to the team, go to management, go to resources. B. Go to resource managers, go to management, go to customer. C. Handle it yourself, go to the customer, go to management. D. Resolve problems with resources you control, go to resource managers, go to the customer. - ANSWER D

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