Question 51
Which of the following project documents should be used to record the occurrence of an unplanned event?
A. Action log
B. Risk log
C. Change log
D. Issue log
Question 52
Which of the following documents does a vendor rely on MOST before committing funding and resources to a project?
A. SOW
B. PO
C. SLA
D. MOU
Question 53
Which of the following measurements would give the project manager the BEST estimate of the total cost of an active project?
A. EAC
B. BAC
C. TCPI
D. ETC
Question 54
A customer will have ongoing changes to project requirements.
Which of the following is the BEST project management methodology for this requirement?
A. Waterfall
B. Agile
C. PRINCE2
D. Bottom-up
Question 55
Which of the following describes risk mitigation?
A. The transfer of the risk to another entity or project inside or outside the organization, along with associated costs.
B. The understanding of the risk with a detailed explanation of how the project intends to address the potential for occurrence.
C. The quantification of the risk in terms of how much the risk could potentially cost the project or parent organization.
D. The weighting or prioritization of the risk against all other identified risks within this project or others associated with it.
Question 56
Which of the following is a definition of an RFP?
A. A document sent to potential vendors to solicit a bid for a project.
B. A document sent to potential vendors to request information for skills and experience for a project.
C. A document sent to potential vendors to request a commitment for a project.
D. A document sent to potential vendors to solicit information that excludes pricing information for a project.
Question 57
A customer has requested additional features for an active project.
Which of the following steps should take place NEXT?
A. Implement the requested changes.
B. Evaluate the impact of the changes.
C. Update all project documents.
D. Submit the requested changes to the CCB.
Question 58
A project manager has an opportunity to add a highly skilled expert to the team who can increase the probability of the project's success.
Which of the following risk strategies should the project manager adopt?
A. Exploitation
B. Avoidance
C. Acceptance
D. Mitigation
Question 59
A project manager is assigned to a new project that must start immediately. No formal or approved documents have been authored for the project. The project manager must identify project roles, justify the business need, and determine project scope boundaries.
Which of the following documents should the project manager create?
A. Business case
B. Project charter
C. Scope statement
D. Project management plan
Question 60
Which of the following individuals is MOST likely to be a key stakeholder for the product launch phase of a project?
A. Sales clerk
B. Marketing representative
C. Team lead
D. Product item
