PMP Exam Dumps – Our Features

A new regulation has been approved that will impact the deliverables in the fourth phase of the project The delivery is following an iterative approach and is currently completing the second phase.What should the project manager do next?

• Consult with the project sponsor to discuss a cost increase
• Acquire approval for an exception to the implementation of the new regulation.
• Get approval for the additional budget from the steering committee
• Meet with subject matter experts (SMEs) to assess the impact to objectives

Two weeks after the approval of the project management plan for a global project, the project manager noticed that it was approved based on a different level of understanding by international stakeholders and is not what the project manager presented for approval What should the project manager have done to prevent this from happening?

• Sent the meeting minutes to the stakeholders after the kick-off meeting
• Reviewed all the approvals immediately after the kick-off meeting was over
• Ran separate kick-off meetings for each culture and time zone
• Validated each stakeholder's understanding during the kick-off meeting

A large project requires new equipment to support the project execution. The procurement manager communicated to the project manager that the delivery of the newly purchased equipment will be delayed. The project manager is concerned that this will directly effect the project schedule.What should the project manager do next?

• Validate the information and update the risk management plan.
• Update the risk register and discuss it with the project stakeholders. b
• Source second-hand equipment in order to prepare for any delivery delays.
• Update the sponsor of the potential issue and ask for any suggestions.

A credit collection company is implementing new software to assist customer service agents when calling clients for payments. The software will benefit the company by freeing up staff to work on other projects. Several business areas want to take advantage of this benefit.What should the project manager do?

• Request all of the business areas to plan for a portion of the benefit equally and include it in their staffing plans.
• Set up a stakeholder session with all teams to agree and document the benefits and establish ownership.
• Ask the project sponsor for approval to distribute the project benefits equally to the business areas.
• Ask the project sponsor to make a decision on who will own the benefit and document the decision.

An agile project will be delivered to a client based on a fixed price in cryptocurrency. Due to the volatility of cryptocurrency, both parties haveagreed to adjust the scope to the value of the cryptocurrency at the end of every iteration and halt the project when the agreed price is reached.Which approach should be used in this situation?

• A flow-based approach starting with the smallest stories.
• An iterative approach starting with the highest value epic.
• A predictive approach with short phases.
• An incremental approach with a minimum viable product (MVP).

A product owner has an idea for a new product but is struggling to define thefeatures because they are not certain of the perceived business value for each feature. What should the project manager have the delivery team do to address this issue?

• Assess the product roadmap to see if there is another product that is more suitable for the build.
• Develop a minimum viable product (MVP) for assessment from a select customer group.
• Commission a business analyst to research similar competitor products.
• Complete a work breakdown structure (WBS) to assess the cost of each feature

A project manager has been assigned to a new digital product line, which the company hopes will boost their revenue. The product is complex and requires customer feedback to continually refine the product. The project is being handled by a cross-functional agile team.What should the project manager do to ensure value is delivered quickly?

• Plan the project to deliver value incrementally with regular releases.
• Request a budget increase to pay the subject matter experts (SMEs) more overtime
• Identify tasks that can run in parallel to deliver the project faster.
• Ask the project sponsor to provide additional resources to fast track the project.

A product owner has added new high-priority work to the backlog, A project manager is working with a dedicated agile team that does not specialize in this specific area of work. The team reviewed the work and wants to accept it but acknowledges it may not have the same level of efficiency as another team having specialization in this area.What should the project manager do In this scenario?

• Add temporary members with the specialized skill set to the team to accomplish the work with a high level of confidence.
• Assess the impact of a possible delay to the project and encourage the team to take the work if the impact is tolerable.
• Accept the work and outsource it to another team that has the specialized skill set; then integrate the solution,
• Reject the work from this team's backlog and ask the product owner to add It to another team's backlog.

During the execution of a construction project, one of the neighboring businesses is complaining that the current building height does not agree with the initial project plans. What should the project manager do first?

• Ask the neighbor to leave the site immediately because the site is on private property.
• Inform the neighbor that all of the project documentation has been approved.
• Inform the neighbor that the complaint will be escalated to the project sponsor.
• Ask the neighbor to submit a formal complaint about their concerns.

A project manager just started managing agile projects The project manager realizes that due to the lack of a clear definition of project objectives and definition of done (DoD) their colleague's projects have had many difficulties Sponsors keep asking for more features and the projects have yet to be completedWhat should the project manager do to avoid these issues?

• Arrange meetings to ensure every necessary task to complete the project is included in the project management plan
• Convince the project sponsor to incorporate quality experts so the product can be tested and accepted as completed.
• Convince the product owner to approach the team and look for options to find a solution to the problem
• Schedule meetings with key stakeholders to build the agile project charter and set clear expectations for the project