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PMP Exam Question Session 20
In this series we will walk through five PMP Practice Exam Questions each day – a great way to set up your morning as you prepare to pass the PMP Exam. It is also useful for the CAPM exam, as the content is very similar.
We will also figure them out together, and you’ll see the thought process behind solving these PMP exam questions.
I hope you enjoy!
Question 1
You are analysing your project and have found there is a Cost Variance of -$40,866. What type of report is needed to report this to management?
A) Progress report
B) Exception report
C) Forecasting report
D) Trends report
Question 2
Delphi technique, Sensitivity analysis, and Monte Carlo Analysis are tools and techniques used as a part of which project task?
A) Expert Judgement
B) Reserve analysis
C) Schedule Compression
D) Quantitative Risk Assessment
Question 3
You are working in Risk Management and identifying the risks for a project. What document will be used to maintain and record information about risks identified and form appropriate responses?
A) Risk Register
B) Project Management Plan
C) Tornado diagram
D) Prompt lists
Question 4
You are working with the risk team in your project and are in the process of ranking risks for further analysis or action by assessing their probability of occurrence and impact. What is this called?
A) Deep-dive Risk Analysis
B) Subjective Risk Analysis
C) Qualitative Risk Analysis
D) Quantitative Risk Analysis
Question 5
You are wanting to brainstorm with your team to find and prepare a comprehensive list of risks in the project. Which of the following is not one of the types of information gathering techniques?
A) Brainstorming
B) Delphi technique
C) Interviewing
D) Sensitivity analysis