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64 Free Sample PMP Questions On Initiating The Project: Flashcard Review

02/26/2015 Marie Hall 0 Comment

64 Free Sample PMP Questions On Initiating The Project: Flashcard Review

64 Free Sample PMP Questions On Initiating The Project: Flashcard Review come as a dedicated practice test to the indispensable PMBOK Guide of the latest edition. Uniquely, free online PMP exam sample questions will come out with source cited answer choices. That way, you may find it effortless to review relevant knowledge and grasp as firm key information. The instant answers with your being scored will be just so fantastic, enabling you to measure where you are in your study, define what is your less proficient knowledge and smooth nicely your exam preparation. The large quantity of questions won’t tire you because the quality as well as refreshing design already make up for it! Don’t miss it yourself!

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64 Free Sample PMP Questions On Initiating The Project: Flashcard Review

QuestionIn order to calculate Net Present Value, what are the steps necessary?
QuestionAs a project manager, you are often asked to meet with your leadership team to create project charters. One of these meetings has just concluded and two functional managers have sent representatives because they were out of town. Your boss has asked you to begin the project planning process tomorrow. What is the BEST position to take on beginning the project?
QuestionThe project manager must identify _________, in order to determine the project requirements.
QuestionWhen project management work is done under contract, changes and disputes are bound to occur. For this reason, it is important to:
QuestionWhich organizational structure gives the project manager the LEAST amount of authority?
QuestionCan a project be done and should it be done would be asked by whom?
QuestionWho bears the most responsibility for accomplishing project objectives?
QuestionAn internal document identifying the project manager's authority to apply organizational resources to project activities is:
QuestionYour cost reduction project will cost $400,000 through completion. During a two-month learning period, no cost reductions are anticipated. Savings of $15,000, $15,000, and $40,000 are anticipated in months three, four, and five respectively. Thereafter, savings of $80,000 are anticipated each month. The payback period for this project is:
QuestionWho issues the project charter?
QuestionFor completion of initiation, a project manager needs the project charter and:
QuestionThe cash inflows are compared to the cash outflows in an IRR calculation to identify what point?
QuestionWhich document is used to determine whether or not a project is worth the required investment?
QuestionWhen is historical information about the results of previous phases critical?
QuestionThe project manager should be identified and assigned:
QuestionStakeholder risk tolerance is an example of:
QuestionThe measure of the project's expected profitability is the:
QuestionYou are a project manager in a company that is using a functional organizational structure. You have been asked to develop the project charter for a new initiative. What should you do FIRST?
QuestionEnterprise Environmental Factors that can affect the Charter are:
QuestionThe project charter should be issued by:
QuestionAgreements, the statement of work, the enterprise environmental factors and the organizational process assets are four inputs to WHICH project management process?
QuestionYour boss has just assigned you to a new project that has had the scope of work defined. What should you do FIRST?
QuestionA pre-defined budget is a constraint that is highly likely to:
QuestionYou are estimating your budget for your project. You have very little information to date, except that your project is similar in nature to another project done recently. You use that project's actual cost as the basis for your estimate. You have just done:
QuestionIf you want to classify project stakeholders by their level of authority and their level of concern, what is a good tool to use?
QuestionHow would you describe the main difference between a matrix organization and a functional organization?
QuestionWhat is managed in a coordinated way that obtains benefits not available from managing them individually?
QuestionProject X has an NPV of $90,000. Project Y has an NPV of $125,000. What is the opportunity cost of selecting project Y?
QuestionThe rate of return that would have been earned by choosing one project and giving up another?
QuestionA tool and technique for developing the Charter is:
QuestionAccording to the Project Management Institute, formally recognizing that a project exists or that an existing project should continue into its next phase is done during the:
QuestionMeasurable objectives and their related success criteria are examples of:
QuestionYour customer has stated in the RFP that their need is for an assembly line that produces 18,000 triggers per hour.After the bid has been received and the contract awarded to your company, members of the project team design an assembly line plan that could deliver 24,000 triggers per hour capacity. What is the BEST thing to do?
QuestionThe basic framework for managing the project is defined by
QuestionInputs from consultants, stakeholders, SMEs and others would be considered a form of:
QuestionWho determines the requirements of a new project?
QuestionIn the initiation process, expert judgment is used to:
QuestionMarket demand, technological advance, organizational need and legal/social needs are factors to consider during:
QuestionYou were just appointed to lead the PMO office of your company. You have established a projectized organizational structure. What is the BEST thing the PMO director can do to improve project management practices?
QuestionThe charter, the contract, the enterprise environmental factors and the organizational process assets are inputs to:
QuestionYour company is developing a way to have iPods interact with exercise watches that measure pulse rate and target heart rate. This project is started based on
QuestionThe initiation process outputs include:
QuestionYou are a project manager in a technology training company. For years, your company has offered a course to help students prepare for the Megasoft Network Engineer (MSNE). When Megasoft decided to rewrite this course your management decided to redo the course and selected you as the project manager. This project was authorized as a result of a:
QuestionWhat limits the project management team's options?
QuestionNumeric project selection models include:
QuestionWhich type of organization is BEST for managing cross-disciplinary efforts?
QuestionWhich stakeholder looks at the financial return from a group of projects and programs?
QuestionThe signed contract serves as the project charter for:
QuestionIdentifying the potential support or impact from each stakeholder is an example of:
QuestionProjects are typically authorized as a result of:
QuestionInformation from the stakeholder register is used in which process?
QuestionWhen is the BEST time to assign the project manager?
QuestionIn general, differences between or among stakeholders should be resolved in favor of the:
QuestionAuthorizing the project manager to use organizational resources to accomplish the project is done by:
QuestionYou are a project manager for a project that primarily supports your company's IT department. Your project charter should be issued by:
QuestionEvaluating the value of a project in today's dollars is which technique?
QuestionYour company has been selected by the country of Atlantis to submit a bid to develop their national defense computer network. This will be a rather lengthy process and because of the complexities involved your company has decided to use a sophisticated project selection model and to:
QuestionA grid that describes the ability of stakeholders to impose their will and their legitimacy is
QuestionYour project was recently cancelled. When discussing this with your projectteam it was identified that there was a conflict between the customer and the IT team lead on the requirements. A lesson learned would be to focus more attention during future projects on the:
QuestionYour customer has specified the use of copper wiring in the new apartment complex you are building. The general contractor has asked to use aluminum wire because of a nationwide shortage of copper that will delay his due date.What should you do?
QuestionThe tools and techniques for identifying stakeholders include:
QuestionAn organizational need, a legal requirement, and a technological advance are examples of:
QuestionThe strategic plan is an input to the:
QuestionThe project charter is used to:

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