PASS GUARANTEED QUIZ HIGH HIT-RATE PMI - PMP EXAM TOPIC

Pass Guaranteed Quiz High Hit-Rate PMI - PMP Exam Topic

Pass Guaranteed Quiz High Hit-Rate PMI - PMP Exam Topic

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Excellent PMP Exam Topic to Obtain PMI Certification

The Project Management Professional (2024 Version) (PMP) exam dumps are real and updated PMP exam questions that are verified by subject matter experts. They work closely and check all Project Management Professional (2024 Version) (PMP) exam dumps one by one. They maintain and ensure the top standard of Project Management Professional (2024 Version) (PMP) exam questions all the time.

PMI Project Management Professional (2024 Version) Sample Questions (Q553-Q558):

NEW QUESTION # 553
A company has decided to implement a new archiving system. A data breach occurred during the implementation of the project.
What should the project manager do first?

  • A. Ask the team to fix the system to resolve the issue
  • B. Implement the planned risk response to handle the issue
  • C. Update the risk register with the risk and proposed impact
  • D. Review possible alternative documentation methods with team

Answer: B

Explanation:
You could ask the team to fix it first, however that might not be the FIRST thing you have to do.
You may have to notify supervisors/security, notify customers, work with authorities of some kind, there's plenty of things that will likely be in the risk response before asking the team to fix it.


NEW QUESTION # 554
Which input to the Identify Stakeholders process provides information about internal or external parties related to the project?

  • A. Procurement documents
  • B. Project charter
  • C. Communications plan
  • D. Stakeholder register

Answer: B

Explanation:
Section: Initiation


NEW QUESTION # 555
To make an informed decision about buying insurance, the project manager needs to determine the ratio of insurance cost and the expected value of the loss. For example, if the cost of insurance is $10,000, the value of the property is $200,000, and the probability of loss is 0.05 (or five percent), the insurance is ________.

  • A. desirable because it will costs less than the probable losses
  • B. the same as the cost of the probable loss and there is no advantage
  • C. none of the above
  • D. undesirable because it costs more than the probable losses

Answer: B


NEW QUESTION # 556
Which of the following are three inputs to the risk register?

  • A. Risk management plan, activity cost estimates, and project documents
  • B. Communication management plan, enterprise environmental factors, and activity duration estimates
  • C. Project scope statement, organizational process assets, and scope baseline
  • D. Risk register updates, stakeholder register, and quality management plan

Answer: A

Explanation:
Section: Planning


NEW QUESTION # 557
A company is starting a critical project with a strict deadline. During the first planning meeting, the team realizes that the list of requirements has too many items to allow on-time delivery.
What should the project manager do first?

  • A. Ask the team to propose a minimum viable product (MVP) to meet the date.
  • B. Suggest to the customer to reduce the backlog to meet the date.
  • C. Increase the capacity of the team to finish the project on time.
  • D. Update the risk register and present a contingency plan to meet the deadline.

Answer: A

Explanation:
When faced with an extensive list of requirements that threatens the timely delivery of a project, the project manager should prioritize the delivery of value through a Minimum Viable Product (MVP). This approach focuses on developing a product with just enough features to satisfy early adopters and provide feedback for future development. It's a strategy that aligns with agile principles, emphasizing incremental delivery and continuous improvement. By proposing an MVP, the team can concentrate on the most critical functionalities that provide the highest value, ensuring that key deliverables are completed within the strict deadline.
References: The verified answer is in accordance with the principles found in the PMBOKGuide, which advocates for value-driven delivery and prioritization1. The explanation is supported by the Professional in Business Analysis Reference Materials, which emphasize the importance of delivering value and addressing the most critical business needs first2.


NEW QUESTION # 558
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