Books PMP PDF & Latest PMP Dumps Ppt
Books PMP PDF & Latest PMP Dumps Ppt
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Tags: Books PMP PDF, Latest PMP Dumps Ppt, Updated PMP Test Cram, PMP Test Duration, PMP Reliable Test Camp
P.S. Free 2025 PMI PMP dumps are available on Google Drive shared by PrepAwayExam: https://drive.google.com/open?id=1G2F39uuGf4cUIBYvh5TXSlglqFtG9vz7
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PMI PMP Certification Exam is a globally recognized certification for project managers that demonstrates a high level of proficiency in project management practices. To be eligible for the exam, candidates must have a minimum of three years of project management experience and 35 hours of project management education. PMP exam consists of 180 multiple-choice questions and takes four hours to complete. The latest version of the exam, the 2023 version, will reflect the latest project management practices and methodologies, and will place more emphasis on leadership and communication skills.
Meet the Prerequisites
To fulfill the eligibility requirements for the PMP® certification, one must have a 4-year degree and supplement it with 3 years of hands-on experience in leading projects. Also, at least 35 hours of training are mandatory in this case. If you have only an associate’s degree or a high school diploma, prerequisite working experience raises up to 5 years, along with the same 35 hours of education.
Planning
Project planning involves a series of activities aimed at supporting a project throughout its lifecycle. Some of the tasks you will be expected to perform here include:
- Developing human resource management as well as communication management plans;
- Presenting the project management plan to relevant stakeholders;
- Planning for risk management by designing a special plan;
- Conducting kick-off meeting communicating the commencement of the project, key milestones, and other critical information;
- Developing the stakeholder management plan.
- Reviewing and assessing detailed project constraints, assumptions, and requirements with stakeholders depending on the project charter;
- Designing scope management & cost management plans;
- Creating the project schedule;
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PMI Project Management Professional (2024 Version) Sample Questions (Q756-Q761):
NEW QUESTION # 756
A project manager is responsible for providing a budget estimate for a long-term project that will be executed over several years. Which essential task should the project manager implement at this phase?
- A. Perform a bottom-up estimate.
- B. Include key risks in the cost baseline.
- C. Perform an analogous estimate.
- D. Include projected inflation rates.
Answer: D
Explanation:
According to the PMBOKGuide, the project manager should include projected inflation rates in the budget estimate for a long-term project that will be executed over several years. This is because inflation rates affect the purchasing power of the project funds and the cost of resources over time. By including projected inflation rates, the project manager can account for the changes in the value of money and the cost of goods and services, and adjust the budget accordingly. This is part of the Estimate Costs process, which involves developing an approximation of the monetary resources needed to complete the project activities. References:
(Professional in Business Analysis Reference Materials source and documents)
* PMBOKGuide, 6th edition, Chapter 7, Section 7.2, Estimate Costs
* PMP Exam Prep, 10th edition, Rita Mulcahy, Page 223, Estimate Costs
NEW QUESTION # 757
A project manager is executing a commercial building project. The project manager discovers that the required building permits have not been obtained. Obtaining the permits will delay the project by 1 month and will cost the project US$35,000. The fine associated with continuing to build without the permits is US$1,000 per day.
What should the project manager do first?
- A. Review lessons learned from previous projects.
- B. Continue the project while trying to obtain the permit.
- C. Obtain the permits before continuing the build.
- D. Update the risk management plan.
Answer: C
NEW QUESTION # 758
A quality Issue that requires a change to the quality standard Is encountered In a project Currently, there Is no budget available for the required changes. What should the project manager do?
- A. Conduct a team brainstorming session to resolve the issue
- B. Check the quality management plan
- C. Check the change management plan
- D. Document the issue in the scope management plan.
Answer: C
Explanation:
When a quality issue that requires a change to the quality standard is encountered in a project, and there is currently no budget available for the required changes, the project manager should check the change management plan. The change management plan is a part of the project management plan and it documents how changes will be monitored and controlled throughout the lifecycle of the project. It provides a process for managing changes and their impact on the project's objectives. In this case, the change management plan would provide guidance on how to handle a situation where a change to the quality standard is required but there is no budget available for the changes. References: Project Management
NEW QUESTION # 759
A project has been running successfully for 2 months. At a regular project meeting, the team raises several potential obstacles to future progress. The obstacles include vendor delivery performance, technical performance of a subsystem, and conflict with another division of the organization.
What should the project manager do next?
- A. Work with the team and others in the network to assess and prioritize the obstacles.
- B. Determine a change response to identify and resolve the obstacles to move the project forward.
- C. Engage with the external stakeholders and the other division of the organization to resolve the issues.
- D. Escalate the obstacles to the project sponsor for assistance with resolution.
Answer: A
NEW QUESTION # 760
A global company hired a project manager for a new implementation at all of its sites After reviewing the business case and project charter, the project manager notes that the project team has different locations and regions to consider.
What should the project manager do to address this situation?
- A. Inform the steering committee of the situation and request additional resources.
- B. Coordinate virtual meetings to assess the project team's communication needs
- C. Coordinate virtual and face-to-face meetings at each site to improve communication
- D. Inform the project sponsor of this situation and request cultural orientation training.
Answer: C
NEW QUESTION # 761
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