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Free PMI PMP Exam Braindumps (page: 46)

Page 46 of 356
PDF with 1417 Questions

A company has started developing a new product. During execution the project team notices that another competitor has launched a product with very similar functionalities and a cheaper market price.
What should have been done differently to avoid this scenario?

  1. A minimum viable product (MVP) should have been released to get feedback from the market.
  2. More backlog refinement meetings should have been scheduled.
  3. The Kanban method should have been utilized to optimize the work in progress (WIP).
  4. An iterative life cycle approach should have been adopted.

Answer(s): A



An organization is about to start a multiphased project. Due to strict regulations, some of the phases must be completely planned in advance. However, other phases allow for more flexibility and experimentation on scope and schedule. The sponsor wants to pursue the project objectives as planned, but also wants to accommodate new information and changes as the project progresses.
Which project management approach should the project manager select for this project?

  1. Hybrid
  2. Incremental
  3. Agile
  4. Phased

Answer(s): A



A project manager is leading an innovation project that is facing a lot of risks due to a high level of uncertainty.
What strategy should the project manager use to manage these risks using an agile approach?

  1. Develop an agile risk matrix to track, assess, and evaluate the uncertainty of the project.
  2. Implement a scrum risk retrospective to analyze the risks at the end of the project.
  3. Assign an agile risk manager to better understand and track the project risks.
  4. Evaluate the risks constantly and reprioritize work as the project progresses.

Answer(s): D



A laboratory is launching a new product, defined to be executed in eight iterations with a fixed release date. At the beginning of the second iteration, the project manager realizes that a significant regulatory feature is missing in the project backlog.
What should the project manager do?

  1. Ask the product owner to add the missing feature in the backlog.
  2. Invite stakeholders to discuss the impact of adding the regulatory feature.
  3. Estimate the related cost and ask for a project extension.
  4. Increase the capacity of the team to include the missed feature.

Answer(s): B



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