PMP Online Test Home > Courses Questions on PMP 1. What is a Risk Probability and Impact Rating matrix used for? Ranking Risks on a Project. Identifying risks. Risk Response Planning. Quantifying the impact of risks on the cost and schedule of the project. 2. On a very complex project, some stakeholders are requesting for some changes that are outside the scope of the charter. What is the best thing that the project manager should do first? Ask for a description of the change. Meet with the sponsor about the requests. Tell the stakeholders that the change cannot be made because it is beyond the scope of the Charter. Evaluate the impact and consequences of the changes. 3. What does TCPI of 0.8 mean? 20% of the cost of the project has been saved on the project. 20% of the current resources have been used on the project. 80% of the resources have been used on the project. 80% of the remaining resources is required to meet up with the cost goals of the project 4. What is the next thing to do after deliverables have been verified in Control Quality Process? Perform Quality Assurance Conduct a Quality Audit Validate Scope Close the project. 5. In which process group is the charter developed? Monitoring and Controlling Initiating Executing Planning 6. Who is responsible for the Quality of Activities in a project? Project Manager Quality Manager Senior Management Team members 7. A project manager has 5 people in his team, how many communication channels are there? 5 20 10 15 8. When does the Product lifecycle begin? At the beginning of the Project lifecycle At the end of the project lifecycle In between the project and program lifecycle At the end of the Portfolio lifecycle 9. In a functional organization, the project manager’s authority is ______________ . Low to Medium Little High to Total Medium to High 10. Which one of these statements is false? The critical path has the greatest risk on the project. There can be only one critical path. The critical path determines the duration of the project. The critical path has no slack. Loading … Question 1 of 10
