PMI PMP-Project Management Professional Practice Exam Q. 461 to 470
Largest Questions Bank with All Unique Questions prepared by Project Management Experts as per the latest PMBOK
(Quickly Review Your Skills before appearing for PMI PMP Certification Exam)
Set of 10 Questions
Correct Answer has been Highlighted in RED
Q. 461: The process of monitoring the status of the project and product scope as managing the changes to the scope baseline is known as:
A. Validate Scope.
B. Plan Scope Management.
C. Control Scope.
D. Define Scope.
Section: Monitoring and Controlling
<<<<<< =================== >>>>>>
Q. 462: Which of the following involves making information available to project stakeholders in a timely manner?
A. Plan Communications
B. Performance reporting
C. Project status reports
D. Distribute Information
Section: Executing
<<<<<< =================== >>>>>>
Q. 463: The process of identifying and documenting relationships among the project activities is known as:
A. Control Schedule.
B. Sequence Activities.
C. Define Activities.
D. Develop Schedule.
Section: Closing
<<<<<< =================== >>>>>>
Q. 464: The purpose of economic value added (EVA) is to:
A. Determine the opportunity costs associated with the project
B. Determine a non-time-dependent measure of profit or return
C. Assess the net operating profit after taxes
D. Evaluate the return on capital percent versus the cost of capital percent
Section: Mix Questions
Justification in favor of the correct answer:
Evaluate the return on capital percent versus the cost of capital percent EVA quantifies the value a company provides to its investors and seeks to determine if a company is creating or destroying value to its It is calculated by subtracting the expected return, (represented by the capital charge), from the actual return that a company generates, (represented by net operating profit after taxes).
<<<<<< =================== >>>>>>
Q. 465: The component of the risk management plan that documents how risk activities will be recorded is called:
A. tracking
B. scoping
C. timing
D. defining
Section: Initiation
<<<<<< =================== >>>>>>
Q. 466: You are assigned to implement the project control plan. What should you do to ensure the plan is effective and current?
A. Perform periodic project performance reviews.
B. Identify quality project standards.
C. Follow ISO 9000 quality standards.
D. Complete the quality control checklist.
Section: Planning
<<<<<< =================== >>>>>>
Q. 467: During which process would stakeholders provide formal acceptance of the completed project scope?
A. Perform Quality Control
B. Verify Scope
C. Control Scope
D. Develop Schedule
Section: Closing
<<<<<< =================== >>>>>>
Q. 468: In the Estimate Activity Durations process, productivity metrics and published commercial information inputs are part of the:
A. enterprise environmental factors.
B. organizational process assets.
C. project management plan,
D. project funding requirements.
Section: Monitoring and Controlling
<<<<<< =================== >>>>>>
Q. 469: The degree of uncertainty an entity is willing to take on in anticipation of a reward is known as its risk:
A. management
B. response
C. tolerance
D. appetite
Section: Initiation
<<<<<< =================== >>>>>>
Q. 470: PMBOI Guide is a standard that describes:
A. product-oriented processes.
B. project management processes.
C. product-oriented and project management processes.
D. program management and project management processes.
Section: Initiation
Access the full Database of All Questions
An expert on R&D, Online Training and Publishing. He is M.Tech. (Honours) and is a part of the STG team since inception.