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Free PPM-001 Exam Braindumps
Professional in Project Management (PPM) Questions 131–135 (page: 28)

Updated On: 10-Feb-2026
Page 28 of 131
PDF with 650 Questions

A summary WBS is usually developed in the

  1. close-out phase
  2. All of the other alternatives apply phases
  3. implementation phase
  4. planning phase
  5. Conceptual phase

Answer(s): D



Many companies self insure against some risk. Problems which can arise from self- insurance include:

  1. confusion of business risks with insurable risks.
  2. Both 1) failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company, and 2) confusion of business risks with insurable risks.
  3. stiff competition from insurance companies
  4. All of the other alternatives apply.
  5. failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company

Answer(s): B



You are a contract project manager working with the State of Bliss. Your latest project involves rewriting the Department of Revenue's income tax system. As project manager, you have taken all the appropriate actions regarding confidentiality of data. One of the key stakeholders is a huge movie buff, and she has the power to promote you into a better position at the conclusion of this project. She's reviewing some report data that just happens to include confidential information regarding one of her favorite movie superstars.
What is the most appropriate response?

  1. Do nothing, because she has the proper level of access rights to the data and this information showed up unintentionally.
  2. Request that she immediately return the information, citing conflict of interest and violation of confidential company data.
  3. Request that she immediately return the information until you can confirm that she has the proper level of access rights to the data.
  4. Report her to the management team.

Answer(s): A

Explanation:

As project manager, it's your responsibility to make sure the people you will be sharing data with have the proper permissions to see the data; this question indicated that you did that. In this case, D is not correct because it implies that you did not verify ahead of time that the stake-holder had the proper level of approvals to use the data.



Resource reallocation from non critical to critical activities is an example of which
Project Scheduling technique:

  1. Critical Path Method
  2. Schedule Compression
  3. Resource Leveling
  4. What if Analysis

Answer(s): C

Explanation:

Resource Leveling: Allocate scare resources to critical path activities first.



Which of the following statements is in agreement with McGregor's concepts concerning Theory X and Theory Y managers?

  1. All of the other alternatives apply
  2. Theory X managers tend to be autocratic whereas Theory Y managers are more likely to delegate responsibility
  3. Both 1) Theory X managers view subordinates as being lazy, irresponsible, and resistant to change, and 2) Theory Y managers view subordinates as being imaginative, creative, and willing to accept responsibility
  4. Theory Y managers view subordinates as being imaginative, creative, and willing to accept responsibility
  5. Theory X managers view subordinates as being lazy, irresponsible, and resistant to change

Answer(s): A



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