14 Free PMP Exam Questions Dedicated to Initiating The Project

If you’re expecting a nice PMP preparation on project imitating process group, as well as organization matrix, you stand in the right place then. Those 14 PMP practice questions shed light on this topic, gearing towards your certain development of relevant knowledge and skills and improvement of critical thinking. Plus, its friendly design with highly responsive answers and your score will give you amazing experience with the real exam conditions, define your missing knowledge and bring out the best for your mood. Do you heart it? How do you feel after this practice? What is your score? Does it help? Don’t hesitate to let me know ya!

Killer tips and tricks that you may not know:

Must-Read Tricks for Selecting Best Answer to Tricky PMP Exam Question
Mad About PMP Distracting Exam Questions
Save Time And Earn Chances Of Acing PMP Exam with Top-Rated PMP Study Materials

14 Free PMP Exam Questions Dedicated to Initiating The Project

Expert judgment.

What elements can make up a business case
What tool and techniques are used to develop a project charter
What is an Internal rate of return (IRR)
What are some of the elements of a project charter

Strong matrix org

What are some of the elements of a project charter
The Project Manager controls the budget with almost total control
Project manager has little or no authority, and his role is only part time
Project manager has moderate control over the project but total control over the budget

1) Business need2) Product scope description3) Link to strategic plan

What is covered in a SOW
What is the formula for Future value
What is an Internal rate of return (IRR)
what is the formula for ROI

Projectized matrix org

The Project Manager controls the budget with almost total control
Staff answers to both the project manager and functional manager
What are some of the elements of a project charter
What elements can make up a business case

Projectized Matrix org

Team members are co-located and most of the organizations resources are dedicated to project work
There are no project managers in the org and projects are coordinated across departments
What are some of the elements of a project charter
What tool and techniques are used to develop a project charter

FV = PV(1+r)n-power(1+interest rate) to the power of the investment periods ex$100,000 invested for 5 years at an 8% interest rate...........FV = 100,000(1.08)5th power so FV = $146,933

What is covered in a SOW
What is the formula for Future value
What is an Internal rate of return (IRR)
what is the formula for ROI

1) Market demand2) Organizational need3) Customer request4) Technology advance5) Legal requirement6) Ecological impacts7) Social need

What is covered in a SOW
What elements can make up a business case
What is an Internal rate of return (IRR)
What is the formula for Future value

weak matrix org

Project manager has little or no authority, and his role is only part time
What are some of the elements of a project charter
There are no project managers in the org and projects are coordinated across departments
The Project Manager controls the budget with almost total control

ROI = Gain - investment costs/investment costs

What is covered in a SOW
What is the formula for Future value
What is an Internal rate of return (IRR)
what is the formula for ROI

1)It is the interest yield of an investment over its useful life2) Required interest rate to make all future benefits equal to the present investment3) Time adjusted rate of return

What is an Internal rate of return (IRR)
what is the formula for ROI
What is the formula for Future value
What is covered in a SOW

1) project purpose2) Objectives3) Success criteria4) High-level requirements, project description, and risk

What tool and techniques are used to develop a project charter
What are some of the elements of a project charter
What elements can make up a business case
What is the formula for Future value

Strong matrix org

What are some of the elements of a project charter
Staff answers to both the project manager and functional manager
What is an Internal rate of return (IRR)
What is the formula for Future value

balanced matrix org

Staff answers to both the project manager and functional manager
The Project Manager controls the budget with almost total control
Project manager has little or no authority, and his role is only part time
Project manager works on the project full time and shares responsibility with the functional manager

Functional matrix org

Project manager has little or no authority, and his role is only part time
The Project Manager controls the budget with almost total control
Project manager has moderate control over the project but total control over the budget
What are some of the elements of a project charter

45 Free Online PMP Sample Questions On Initiating Project
64 Free Sample PMP Questions On Initiating The Project: Flashcard Review
Crush Down Free Online Sample PMP Questions On Creating The Project Charter
Upgrade Yourself To Performance Domain 1 With 34 Free PMP Exam Sample Questions

Facebook
Twitter
LinkedIn
Tumblr
Pinterest
Email
More

Print
Reddit
Pocket

14 Free PMP Exam Questions Dedicated to Initiating The Project