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Project management focuses on creating a deliverable as efficiently as possible. The key difference is in the focus of the management effort. Multiple projects can be aligned with one programĮxplanation: Programs are not merely big projects as it is commonly understood, they are different. A project can have several stakeholdersĭ.
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Program management is synonymous with project managementĬ. Portfolio management is aligned with organizational strategyī. All of the following statements are True, Except:Ī. Risk 3 already took place, so $1,000 has been already spent.Ģ. It means that the risk will not happen and thus you should release its associated contingency reserve. Risk 1 has a 0% probability of occurrence. During the execution phase, you updated the risk occurrence in the risk register as follows:Īccording to your updates, how much is left in the contingency reserve?Įxplanation: Only $2,000 is left in the contingency reserve, which is reserved for Risk 2. You are managing a project using a predictive approach. In order to give you a brief idea of the pattern, preparation, and execution strategy for PMP exam questions:ġ. Here is a compilation of the top 20 PMP exam sample questions with the answers in an explanatory manner. Also explained about PMP Exam and PMP Exam Pattern. In this article, you can find PMP exam sample questions and answers. Hence, Practice as many PMP sample questions to pass the PMP exam on your 1st attempt. We consider you are dedicated to earning the coveted PMP (Project Management Professional) credential after reading this article. It is a well-recognized and accepted credential.
PMP TEST QUESTIONS PROFESSIONAL
It is a US non-profit professional organization. This certification is offered by the Project Management Institute (PMI). PMP Certification Training Course is a globally accepted professional certification. Especially, for those who wish to take the next step in their career. PMP Certification is essential for project management roles.
PMP TEST QUESTIONS SOFTWARE
Your company has a new product concept to replace its standalone customer relationship management software with a cloud-based version that has a number of new attractive features. As a seasoned construction project manager, contact the regulatory body to find out some workarounds for your project.Just try to gather more information as the project goes ahead and decide later on. Since this is only a probability it does not need an immediate action.This requires a scope change notification that should be written immediately.Your first and immediate action is to disclose your discovery to the project stakeholders and solicit their viewpoints.In that case, there’s also a chance that the client decides to cancel the project. Failure to meet the mentioned requirements will negatively affect your company’s reputation, but meeting them will require more time and cost, which will lead to budget and time overruns. During the project initiation phase you realize that some regulatory and environmental requirements have not been considered in the contract. The project is expected to be completed in 2 years. You are a construction project manager and have been recently hired in a well known company as the manager of a highly crucial project.
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