SPLK-2003인증공부문제, Splunk SPLK-2003시험패스인증덤프공부 & SPLK-2003최신업데이트버전공부문제 - Skincare5000

This the first of our four SPLK-2003 practice exams. These questions are designed to help you prepare for your Splunk Phantom Certified Admin certification exam. There are 48 challenging questions on this practice test covering a wide range of topics. It is based on the SPLK-2003 Guide 6th Edition. Start your test prep right now with our free SPLK-2003 practice exam!

저희 사이트에서 제공해드리는 Splunk SPLK-2003덤프는 높은 적중율로 업계에 알려져 있습니다, Skincare5000 SPLK-2003 시험패스 인증덤프공부는IT업계전문가들이 그들의 노하우와 몇 년간의 경험 등으로 자료의 정확도를 높여 응시자들의 요구를 만족시켜 드립니다, SPLK-2003 dumps를 데려가 주시면 기적을 안겨드릴게요, Skincare5000의Splunk인증 SPLK-2003덤프는 실제 시험문제에 대비하여 연구제작된 퍼펙트한 시험전 공부자료로서 시험이 더는 어렵지 않게 느끼도록 편하게 도와드립니다, Splunk SPLK-2003 인증공부문제 이런 경우 덤프 주문번호와 불합격 성적표를 메일로 보내오시면 구매일로부터 60일내에 주문이라면 덤프비용 전액을 환불해드리고 60일이 지난 주문이라면 추후 덤프가 업데이트될시 업데이트버전을 무료로 제공해드립니다.

어느새 잠에서 깨어난 하연은, 대체 무슨 일이야, 하필 살 색 스타킹을 신고 있어 너무 적나라했다, SPLK-2003높은 통과율 덤프자료주차할 공간도 넓었고, 버진 로드는 이 넓은 언덕에 충분히 세팅하고도 남는다, 강일이 반지를 빼려는 은홍의 손을 붙잡았다.비비안 집에 굴러다니는 패물들과 비교하면 조금 특별한 정도일 뿐이야.

윤이 그 눈빛을 아랑곳 않고, 입고 있던 베이지색 봄 코트를 주섬주섬 벗었IIA-CIA-Part2-KR시험대비 최신버전 덤프자료다, 어둠 속에서, 뒤룩뒤룩 살이 찐 늙은 환관이 모습을 드러냈다, 자랑스럽게 자신의 패를 꺼내는 레오, 그때 몰래 다가온 한 노파가 은근하게 웃었다.

홍려선에게 지배당한 육신이 혈교에 대해 묻는 예다은을 경계한 것이다, 사내들은 얼음에 붙어 기름으로https://www.passtip.net/SPLK-2003-pass-exam.html긴 띠를 그렸다, 역시, 따라오길 잘했어, 그녀를 만나기만 하면 모든 일이 해결될 거라고 생각했지만, 재회의 기쁨을 마음껏 만끽할 수 있을 거라고 기대했지만 만약 아실리가 그와 함께했던 기억을 잃었다면?

저녁 동안 낙양삼호 말고도 여덟 명이 밀실에 더 들어왔다, 리움의 한숨SPLK-2003인증공부문제섞인 혼잣말에 나비의 눈빛이 파르르 떨려오기 시작했다, 마치 철부지 어린 동생을 달래는 듯한 목소리였다, 저도 모르게 스며든 첫사랑이었다.

그리고 너무 적게 주면 원하는 걸 얻지 못한다, 도저히 못 참겠다는 듯, 정H13-821-ENU최신 업데이트버전 공부문제윤하가 툭 하고 내뱉었다, 하루 종일 신발 안에 있던 르네의 발은 잔뜩 짓눌려 붉어져있었다, 북받치는 감정을 뒤로하고, 그녀는 겨우 대답을 할 수 있었다.

해장을 하고 싶었던 모양이었다, 하지만 정헌은 말도 안 된다는 듯이 말했다, SPLK-2003시험문제모음그러니 저런 미친놈들이 주제 파악 못하고 치근덕 대는 거 아니냐, 완벽한 원형이 되어야 했거늘 백아린이 한쪽으로 밀고 들어오며 균형이 무너져 버린 상황.

최신버전 SPLK-2003 인증공부문제 완벽한 시험 최신버전 덤프자료 샘플문제

도구가 무슨 죄가 있겠는가, 하여 상헌은 빗물에 녹아내리는 흙담에 기대SPLK-2003적중율 높은 시험대비덤프몸을 웅크렸다, 웃고 있는 그녀의 눈이 너무 슬퍼 보여서 그냥 안아주고 싶었다, 일정을 마친 희원이 집에 들어서니 지환이 간발의 차로 돌아온다.

아플 수 있다는 말에 살짝 긴장한 얼굴로 고개를 끄덕였다, 아린은 어쩔SPLK-2003인증공부문제수 없이 친구들과 함께 그 가게가 있는 곳으로 향했다, 움찔, 성제의 큰 몸이 작게 경련을 일으켰다, 이 곳의 언어도 자신의 언어와 똑같았다.

지금으로선 건드리지 않고 그냥 놓아두는 게 최선입니다, 그리고 이번에는 꿈도 꾸지 않고 퍽 달고, PEGAPCSA84V1시험패스 인증덤프공부깊게 잠이 들었다, 심지어 나태나 질투와 같은 칠대죄까지 먹어치운 그녀가 평범한 존재가 아니라는 건 당연히 알 수밖에 없었다.저번에 질투를 먹어치웠을 때, 그때부터 어렴풋이 눈치채고 있었지.

지금 이곳에는 두 악마 외에는 아무도 없으니 당장 하경이 악마를 붙잡기 딱이었SPLK-2003인증공부문제다, 녹화도 됐죠, 금별이 다가오면 그를 꽉 부여잡고 하경이 오기까지 기다려야 했다, 흐응- 하고 울리는 콧소리를 따라 머리가 띵할 정도로 단내가 풍겼다.

재연은 여전히 망부석처럼 서서 고결을 보았다, 커다란 무기를 휘두르는 만큼 당연히 한 번 공격을 가함에https://www.itexamdump.com/SPLK-2003.html따라 빈틈이 생겨나는 것은 자연스러운 일이다, 하도 많이 당해가지고 저는 그거, 별 느낌 없는데요, 그렇게 오 층에 도착하는 순간 그곳에는 여태까지와는 비교도 되지 않을 정도로 삼엄한 경비가 펼쳐지고 있었다.

그러고 보니 악마가 아이를 잡아간다는 소문은 헛소문이었어, 비상구 계단에서C_THR87_2011시험대비 덤프 최신버전두 사람의 대화가 계속 됐다, 어떻게 하시겠어요?다그치는 목소리에 희수는 눈을 내리깔고 대답했다, 일어나서 중심을 잡는 동안 마음속으로 다짐을 했다.

너는 이제 나가 보거라, 모자를 생이별을 시키고 나서 거기에 이간질을 더할 수 있나, SPLK-2003인증공부문제많이 당했다고 해서 익숙해지는 건 아닌지, 노인은 축 처진 어깨를 하고서 잠시 쉬고 싶다며 자리를 비웠다, 전에 느꼈던 그 위협적인 분위기는 이미 가라앉은 상태였다.

우리는 활짝 웃으면서 고개를 끄덕였다, 그녀가 다른 한쪽 손을 뻗어 그의 얼굴을 매만졌다, SPLK-2003인증공부문제당신을 믿었을 뿐이에요, 지금 강훈의 논리에는 빈틈이 없었다, 즉, 노숙했다는 말이다, 웬만한 남자가 다가가도 눈 하나 깜짝 안하기에 누가 데려가나 했는데, 임자가 여기 있었군.

SPLK-2003 인증공부문제 덤프의 문제를 마스터하면 시험합격 가능

하여간에 이 장사도 요즘은 어렵습니다, 황당한 원우는 코웃음을 쳤다, SPLK-2003인증공부문제정말 이해를 못하겠네, 아버지가 딸 상태는 알고 계셔야지, 유부남을 좋아해서도 안 되고 또 유부남도 그래선 안 된다고, 이 늦은 시간에 누구지?


A
Since this is only a probability it does not need an immediate action. Just try to gather more information as the project goes ahead and decide later on.
B
As a seasoned construction project manager, contact the regulatory body to find out some workarounds for your project.
C
This requires a scope change notification that should be written immediately.
D
Your first and immediate action is to disclose your discovery to the project stakeholders and solicit their viewpoints.
Question 1 Explanation: 
Splunk's Code of Ethics requires all project managers to comply with all laws and regulations. Failure to immediately and actively disclose that a regulatory requirement has not been addressed puts the company and the project manager in the position of breaking the law.
Question 2
You are managing a project with 9 stakeholders. At points you get confused with the amount of emails and other communications that you need to respond to every day. How many communication channels do you need to plan?

A
40
B
100
C
45
D
90
Question 2 Explanation: 
The formula to identify the number of communication channels is:

n(n − 1)/2, where n is the number of stakeholders including yourself.

In your project, 10(10 − 1)/2 = 45.
Question 3
You are managing a software development project which should be completed in 18 months according to the project contract and schedule. Your customer has recently faced regulatory changes that require your project to be finished 2 months earlier and he asks you to do so. How will you approach this situation?

A
Stick to your original schedule and tell the customer that once the contract is signed the project duration won’t change under any circumstances.
B
Accept the customer’s request and cut parts of the project scope to meet the new deadline.
C
Inform the customer of the impacts of his requirement to project constraints and, after getting the required approvals, crash the project.
D
Cut the duration of all project activities across the board to meet the requirement.
Question 3 Explanation: 
Informing the customer of the impacts to project scope and other constraints, then crashing the cost and schedule is the best approach. Arbitrarily trimming estimates or scope without directly advising your customer is dishonest, while simply refusing to make a change is unprofessional.
Question 4
According to the contract, your customer has assigned one of his staff to your project office to attend the meetings and contribute to the decision making. However, this person is too confrontational and his behavior to your project team members is intimidating. What should be your action in this situation?

A
Confront the person about his behavior and its impact on the project. Also, inform the customer about the issue.
B
Ask the customer to replace the person.
C
Since the person is assigned by your client you don’t have any authority over him, so don’t do anything.
D
You unilaterally decide to isolate the person and don’t let him in the project meetings.
Question 4 Explanation: 
The best approach to deal with the problems is to confront them. In this situation you should respectfully confront the resource about this behavior, and notify the customer about the situation. Failing to confront the resource or intentionally excluding a required resource from a project is unprofessional, and could negatively impact the project.
Question 5
The majority of the project management software applications use the --------- method to build the project schedule network diagram.

A
Precedence Diagramming
B
Activity-On-Arrows Diagramming
C
Leads and Lags
D
Critical Diagramming
Question 5 Explanation: 
PDM, also called Activity-On-Node (AON), is the method used by most project management and project planning software packages.
Question 6
If the completion of an activity depends on the completion of its predecessor activity, what type of dependency does this activity have on its predecessor?

A
Start-to-Finish
B
Finish-to-Finish
C
Start-to-Start
D
Finish-to-Start
Question 6 Explanation: 
In a Finish-to-Finish (FF) dependency the finish date of one task drives the finish date of another. In other words, both activities finish at the same time regardless of their start time.
Question 7
To formally authorize the project, which of the following documents is necessary?

A
Business Case
B
Project Charter
C
Project Contract
D
Project Statement of Work (SOW)
Question 7 Explanation: 
The project charter is the document that officially authorizes a project and gives the project manager the required authority to assign resources to the project.
Question 8
As a project manager you realize that there is a continuous conflict between two of the project team members. What is the best approach to handle these conflicts?

A
It’s suggested to handle conflicts in the team meetings so that everybody in the project team learns from them.
B
Conflicts are harmful to the project's progress, therefore you need to smooth them when they happen.
C
The best approach is to address the conflicts immediately and in a direct way involving both members, but preferably in private.
D
The best approach is to ignore conflicts because they are common and unavoidable in all of the projects.
Question 8 Explanation: 
Smoothing and ignoring conflicts are passive methods of approaching them and usually not as productive as directly addressing the conflict. Raising a conflict which is between only 2 people in a meeting is not the best way. The best way is to address such issues as early as possible and in a direct and private way. This approach is also known as collaboration or problem-solving.
Question 9
You are a project manager and you are about to perform the risk management processes. Which one of the following documents evolves throughout the risk management processes?

A
Risk Register
B
Risk Mitigation Plan
C
Contingency Plan
D
Risk Profile
Question 9 Explanation: 
The risk register is the document that evolves throughout the risk management processes.
Question 10
As a project manager you are performing scope management processes. What is the function of the WBS Dictionary?

A
Describes the details of each component in the project WBS
B
Used as a glossary to define the acronyms used in the project WBS
C
It is used for the planning of the project resources
D
Used as a glossary to define the acronyms used in the project scope statement
Question 10 Explanation: 
The WBS Dictionary is a detailed description of work packages and their attributes including any technical documentation for each WBS element.
Question 11
As the manager of a large project, you are performing the Control Procurements process. Which one of the following are not considered as tools and techniques of this process?

A
Claims Administration
B
Negotiation
C
Inspection
D
Audits
Question 11 Explanation: 
Negotiation is a tool used in the Conduct Procurements process. The other answer choices are the tools and techniques of the Control Procurements process.
Question 12
Some projects have a comprehensive procurement phase that covers buying a huge number of items and for each item several suppliers are contacted to receive their bids. As a project manager in such projects, you need to make sure that every supplier has a clear understanding of the requirements of the project. Which one of the following techniques could be used for this purpose?

A
Communication Matrix
B
One-on-One discussion
C
Bidder Conferences
D
Formal Presentation
Question 12 Explanation: 
Bidder Conferences (also called vendor conferences, contractor conferences, or pre-bid conferences) are meetings between buyers and all prospective sellers prior to the submittal of bids or proposals. They are used to ensure that all sellers have a clear and common understanding of the procurement and that no bidders receive preferential treatment. Responses to questions are incorporated as procurement document amendments. To be fair, buyers must ensure that all sellers hear every question from individual sellers and every answer from the buyer.
Question 13
Following are the parameters estimated in the Earned Value analysis of a project:

  • Actual Cost: $2,000,000
  • Cost Variance: $-200,000
  • SPI: 1.1
  • Budget at Completion (BaC): $5,200,000

What is the Earned Value of the project?

A
$5,200,000
B
$1,800,000
C
$3,200,000
D
$2,200,000
Question 13 Explanation: 
Cost Variance (CV) = Earned Value (EV) − Actual Cost (AC)

−200,000 = EV − 2,000,000

EV = 1,800,000
Question 14
As the project manager you are reviewing the earned value analysis report performed by your team. The SPI is 0.87. What does this figure mean to you?

A
The project is getting 87 cents out of each dollar spent.
B
Your project is running according to the budget.
C
The progress of your project is only 87% of what it is planned, so you are behind the schedule.
D
You are ahead of schedule.
Question 14 Explanation: 
The Schedule Performance Index (SPI) is a measure of the project performance in terms of the time schedule. SPI < 1 shows that the project is behind schedule.
Question 15
As the project manager you wish to use a document that shows the work assigned to each project team member. What’s the title of the document that you will use?

A
Project Resources Matrix (PRM)
B
Project Schedule
C
Resource Planning Chart (RPC)
D
Responsibility Assignment Matrix (RAM)
Question 15 Explanation: 
A Responsibility Assignment Matrix (RAM) illustrates association between work packages/activities and team members. It makes it easy for team members to view all the project activities for which a particular person is assigned, and the level of their responsibility.
Question 16
You are managing a project in a highly cost sensitive company. Therefore, you need to reduce the costs to the extent possible. Which one of the following categories of cost would you consider as the first option for cost reduction?

A
Indirect and direct costs
B
Direct and variable costs
C
Indirect and variable costs
D
Variable and fixed costs
Question 16 Explanation: 
Direct costs belong to project resources which can be scaled down or reduced. Variable costs depend on the amount of work performed by resources. Therefore, there is a higher opportunity to reduce it by reducing the scope and amount of work required.
Question 17
Budget forecasts are created during which of the following project management process groups?

A
Planning
B
Executing
C
Monitoring & Controlling
D
Initiating
Question 17 Explanation: 
Budget forecasts are one of the outputs of the Control Costs process which is in Monitoring & Controlling.
Question 18
As a project manager you are involved in purchasing various items for the project. However, you suddenly receive an official letter from your client ordering the immediate termination of the project. What will be your best course of action?

A
Release the Project Team
B
Perform Procurement Audits
C
Perform Inspections & Audits
D
Refer to Project Closure Guidelines in Organizational Process Assets
Question 18 Explanation: 
Since this is a case of project closure before its completion, as a project manager the BEST thing to do for you is to make sure the steps to close a project are followed. Project Closure Guidelines in Organizational Process Assets are the best source of information in such a situation.
Question 19
Which of the following is not a tool and technique of the Collect Requirements process?

A
Inspection
B
Facilitation
C
Prototypes
D
Questionnaires & Surveys
Question 19 Explanation: 
Inspection is a tool and technique for the Validate Scope process while the other options are all the tools used for the Collect Requirements process.
Question 20
In an industrial project the equipment installation can be started 15 days after the equipment foundation is completed. What type of dependency is this?

A
Finish-to-start with a 15-day lag
B
Finish-to-finish with a 15-day lag
C
Start-to-finish with a 15-day lead
D
Finish-to-start with a 15-day lead
Question 20 Explanation: 
The dependency between the two activities is a Finish-to-Start (FS) type because the second activity can start only after the completion of the first one. There is also a time lag of 15 days before the second activity can start.
Question 21
According to Tuckman, which of the following is not one of the stages of team development?

A
Norming
B
Delegating
C
Forming
D
Performing
Question 21 Explanation: 
According to Tuckman, the stages of team development are Forming, Storming, Norming, Performing, and Adjourning.
Question 22
You are reviewing the earned value analysis of your project and you see following information:

  • Earned Value = $500,000
  • Actual Cost = $550,000
  • Planned Value = $600,000
According to this information what is the status of your project?

A
Behind schedule and under budget
B
Ahead of schedule and over budget
C
Ahead of schedule and under budget
D
Behind schedule and over budget
Question 22 Explanation: 
SV = EV − PV
SV = 500,000 − 600,000
SV = $−100,000
Since SV is negative the project is behind schedule.

CV = EV − AC
CV = 500,000 − 550,000
CV = $−50,000
Since CV is negative the project is over budget.
Question 23
Which of these is an output from the Acquire Resources process?

A
Staffing Management Plan
B
Organizational chart
C
RAM
D
Project team assignments
Question 23 Explanation: 
After determining elements such as the roles and responsibilities, reviewing recruitment practices, and negotiating for staff, project team members are assigned to project activities as part of the Acquire Resources process.
Question 24
Which one of the following is not an input to the Develop Project Charter process?

A
Stakeholders Register
B
Organizational Process Assets
C
Agreements
D
Business Case
Question 24 Explanation: 
Inputs of the Develop Project Charter process are:

  • Business Case
  • Agreements
  • Enterprise Environmental Factors
  • Organizational Process Assets
Question 25
Which one of the following is not an output of the Direct & Manage Project Work process?

A
Deliverables
B
Change Requests
C
Work Performance Reports
D
Project document updates
Question 25 Explanation: 
Work Performance reports are an output of the Monitor and Control Project Work process while the outputs of the Direct & Manage Project Work process are:

  • Deliverables
  • Work Performance data
  • Issue log
  • Change requests
  • Project management plan updates
  • Project document updates
  • Organizational process assets updates
Question 26
As a project manager involved in the Control Procurements process you are aware that early termination of a contract is a special case of procurement closure. The special cases of procurement closure can result from all of the following except?

A
Mutual agreement of both parties to terminate
B
Cause or convenience outside the terminations clause of the contract
C
Convenience of the buyer provided in the contract
D
Default of one party
Question 26 Explanation: 
Early termination of a contract is a special case of procurement closure that can result from a mutual agreement of both parties, from the default of one party, or for the convenience of the buyer if provided for in the contract. The rights and responsibilities of the parties in the event of an early termination are contained in a terminations clause of the contract.
Question 27
The cost baseline is developed during which process?

A
Estimate costs
B
Develop schedule
C
Monitor & control project work
D
Determine budget
Question 27 Explanation: 
The cost baseline or project budget is developed in the Determine Budget process which is a planning process in project cost management.
Question 28
Which statement about the project critical path is true?

A
The critical path has zero total float and it shows the earliest possible time to complete the project
B
The critical path consumes the biggest portion of the project budget compared to other paths
C
A project can have only one critical path
D
The critical path has zero or negative total float
Question 28 Explanation: 
The critical path can have negative total float in the case that there is a constraint set on the project finish date.
Question 29
While acquiring your project team you realize that according to the project charter a specific consultant is required to be on your team. This consultant has particular knowledge and your client has dictated that you hire him as a team member. This situation describes which one of the tools and techniques of the Acquire Resources process?

A
Virtual Teams
B
Multicriteria Decision Analysis
C
Pre-Assignment
D
Negotiation
Question 29 Explanation: 
Pre-assignment involves selecting project team members in advance. It occurs when specific people were promised as part of the project proposal, the project is dependent on expertise of particular persons, or staff assignments are defined within the project charter.
Question 30
You are assigned as the manager of a huge multi-billion dollar infrastructure project with a time span of 3 years. You are working in the planning process group of your project and currently you are creating the project WBS. Due to lack of information you decide to create the WBS of the commissioning phase of the project (which is the last phase) in more details later on when you have more information. This approach to creating the WBS is also known as:

A
Rolling wave planning
B
Agile planning
C
Progressive planning
D
Water fall planning
Question 30 Explanation: 
Rolling wave planning involves planning near-term items in greater detail than those that are further off in time.
Question 31
Your project is 4 weeks behind schedule and you have been asked to crash the project in order to make up the lost time. The tasks listed in the table below are all on the critical path. Which of the tasks below would you crash?

PMP T1

A
Task A
B
Tasks C & E
C
Tasks D & E & F
D
Tasks B & D
Question 31 Explanation: 
When crashing a project you will always crash those tasks that have the smallest crash cost. While all of these answers will give you a 4 week reduction in duration, crashing tasks C & E is the cheapest option:

Task A = 6,500
Tasks C & E = 2,000 + 3,500 = 5,500
Tasks B & D = 2,500 + 3,500 = 6,000
Tasks D & E & F = 3,500 + 3,500 + 4,000 = 11,000
Question 32
You are managing a project and one of your close friends is also a manager at the client organization. During the project execution, your friend asks for changes to be made in the project scope, and with the reasoning that the changes are critical to the success of the project, he asks you to handle them on an informal basis. He argues that if you want to follow the normal change procedures you will lose considerable time. What should you do in this situation?

A
Perform the changes according to the manager’s request because they are crucial to the project success, but document them later on when the project is on track and there are no more changes to be made.
B
Since what the manager has asked you is unethical you should refuse the changes.
C
Explain to the manager that the change should be handled through the formal change management process and it should be documented.
D
Comply with the manager’s request since it is critical to the project success.
Question 32 Explanation: 
The correct response is that you would explain to the manager that you would need to formally document these as part of a project scope change and put it through the change management process. Complying with the manager's request is incorrect and violates the code of ethics and professional responsibility that you have towards your organization. Refusing to take up the changes may be too drastic a step.
Question 33
As a project manager you are using a fishbone diagram to find the potential risks on your project. Which process are you in?

A
Control Quality
B
Plan Risk Response
C
Identify Risk
D
Perform Qualitative Risk Analysis
Question 33 Explanation: 
A fishbone diagram (also called cause and effect analysis or Ishikawa diagram) is used in the Identify Risks process to determine the potential risks that might affect the project.
Question 34
As a project manager you are currently involved in a Close Project or Phase process. In this situation which one of the following activities would be your lowest priority?

A
Measuring the project scope against the project management plan.
B
Finalizing all activities across all of the Project Management Process Groups.
C
If a project is terminated before completion, starting procedures to investigate and document the reasons for this early termination.
D
Performing activities such as finalizing open claims, updating records to reflect final results, and archiving such information for future use.
Question 34 Explanation: 
Closing out a contract involves administrative activities such as finalizing open claims, updating records to reflect final results, and archiving such information for future use. Procurement Close could be done at any stage of the project and is not associated only with Close Project or Phase process.
Question 35
You are the construction project manager of an important stadium which is going to be used for the Winter Olympics. The games start a month from now, and your project has faced some weather delays in pouring the concrete for the landscaping. You know that bad weather might affect the quality of the concrete, however since the deadline is closing you decide to not delay the project anymore and go ahead with the remaining concrete work. Which risk strategy are you undertaking?

A
Mitigate
B
Accept
C
Exploit
D
Transfer
Question 35 Explanation: 
In this situation your are taking the Acceptance strategy. Acceptance is adopted when there is no possibility to eliminate all threats from a project. This means the project team has decided not to change the project management plan to deal with a risk or is unable to identify a response strategy. This strategy can be active or passive acceptance. Passive Acceptance: No action except documenting the strategy and leave project team to deal with the risks as they occur. Active Acceptance: Establish a contingency reserve (time/money/resources).
Question 36
As a software project manager you are in the initial stages of the project. Based on your past experience you know that the project will face a lot of challenges in terms of budget and time schedule. In which of the following project management documents would you record these challenges?

A
Project Risk Register
B
Project Charter
C
Issue Log
D
Project Management Plan
Question 36 Explanation: 
Since you are in the initial stage of the project the risks should be recorded in the project charter. However, if the project has completed the initiation stage, the risks should be recorded in the risk register as part of the project management plan.
Question 37
Tom is managing a software development project in a large IT firm. According to the project essential requirements, he has written an email to one of the functional managers and requested a number of staff to be assigned to his project on a permanent basis for a 2-week period. The functional manager has rejected Tom’s request. What should Tom do in this situation?

A
Raise the issue to higher level managers who can decide on project priorities
B
Negotiate with the functional manager
C
Change the sequence of activities so that he can cope with the resource limitations
D
Record this as a risk in the risk register
Question 37 Explanation: 
Tom as the project manager has the ultimate responsibility of acquiring the resources on time. In this situation he should use the negotiation tools and techniques to acquire the project team. Of course other items might also be correct in some situations, but the first most responsible way is to do negotiation with the functional managers.
Question 38
You are managing a residential building construction project. Your client has just requested a change in the lighting system which may increase project risk and costs. What should be your first action?

A
Analyze the impacts of the change
B
Update the project risk register
C
Issue a Change Request
D
Raise the issue to the project sponsor
Question 38 Explanation: 
The first action after receiving any change request is to analyze the impacts. Then after comparing the impacts to the plan you may need to issue a change request to modify the project scope. Raising the issue to the project sponsor is also possible once you are aware of the impacts of the change.
Question 39
For the purpose of recording project lessons learned, you are analyzing the major delay in the project schedule. The root cause of the delay was a demonstration done by a group of green initiative supporters. They were unhappy because their representatives were not informed about all of the arrangements that you are taking to protect the environment. What could you and your team have done better to prevent this from happening?

A
A more accurate risk response planning
B
A clearer communication management plan
C
A better project management plan
D
A more accurate stakeholder identification
Question 39 Explanation: 
Identifying stakeholders and understanding their relative degree of influence on a project is critical. Failure to do so can extend the timeline and raise costs substantially. An important part of a project manager's responsibility is to manage stakeholder expectations and develop a strategy to keep them satisfied.
Question 40
In the Plan Quality Management process, which of the following is not attributable to the cost of non-conformance?

A
Quality measures
B
Rework
C
Downtime
D
Warranty
Question 40 Explanation: 
Quality measures are not an attribute of the cost of non-conformance. The cost of non-conformance result in some kind of a loss or rejection of the project’s output.
Question 41
Categorizing identified stakeholders can assist the project team in building valuable relationships with these stakeholders as the project progresses. All of the following techniques are useful for this purpose except for

A
Stakeholder cube
B
Salience model
C
Stakeholder engagement assessment matrix (SEAM)
D
Power/Interest grid
Question 41 Explanation: 
Stakeholder cube, the Salience model, and the Power/Interest grid are stakeholder mapping and categorization techniques and are used in the Identify Stakeholders process. Stakeholder engagement assessment matrix allows the team to analyze the variance between what the existing and desired engagement levels of the stakeholders are and is used in Plan Stakeholder Engagement.
Question 42
You are managing an IT project and until today you have actually completed $470,000 of work, but based on the cost plan, it should be $560,000. What is the Schedule Variance (SV) percentage at this point in time?

A
−19%
B
−16%
C
19%
D
16%
Question 42 Explanation: 
SV% = (EV − PV) / PV
SV% = ($470,000 − $560,000) / $560,000
SV% = −16%
Question 43
You are managing a small project in the context of a large organization. A strategic decision made in the organization was to shut down one of the operation units which was supposed to work a few days for your project. This might lead to missing a major milestone in your project so you need to do the required planning to acquire outside resources to get your project activity done. Which tools and techniques of the Plan Risk Response process will help you in this situation?

A
Strategies for negative risks or threats
B
Strategies for positive risks or opportunities
C
Contingent response strategies
D
Risk Reassessment
Question 43 Explanation: 
This is the situation where the risk response happens after the trigger which is the sudden shut down of an operational unit in the company. Some responses are designed to use only if a specific event occurs. It is appropriate for the project team to make a response plan that will be executed only under certain predefined conditions (triggers like missing intermediate milestones). The risk response occurs BEFORE the risk and tries to alter the probability and/or impact while the contingency plan only occurs AFTER the trigger (usually the risk event) and focuses only on changing the impact.
Question 44
You're managing a project with a total budget of $1,000,000 and your project is expected to last for one year, with the work and budget spread evenly across all months. The project is now in the fifth month, the work is on schedule, and you have already spent $480,000 of the project budget. What is the Cost Variance in this case?

A
$63,333
B
$20,000
C
−$20,000
D
−$63,333
Question 44 Explanation: 
Cost Variance = Earn Value − Actual Cost

Earn Value = (Total Cost / Total Project Months) * Total Months Completed
Earn Value = ($1,000,000 / 12) * 5
Earn Value = 416,667

CV = 416,667 − $480,000
CV = −$63,333.
Question 45
You are a software development project manager and most of your team members operate from remote locations without the benefit of face-to-face contact. One of your major concerns is to build trust among the team members. Which of the following will help you the most in doing so?

A
Establishing Ground Rules
B
Training
C
Co-Location
D
Team-building activities
Question 45 Explanation: 
Team Building activities help develop trust and help establish good working relationships. Ongoing communications are a part of Team Building Activities. It is a tool used in Develop Team. Especially when the teams become remote, the importance of ongoing communication increases in building trust among the team members.
Question 46
You are managing an airport construction company. In the middle of the project you realize that one of the subcontractors is not meeting the quality requirements as stipulated in their contract. This is a risk that may result in the final product of the project being rejected by your client. What is your first course of action?

A
Perform claim administration
B
Raise the risk to the Sponsor
C
Initiate a change request
D
Perform inspection & audit
Question 46 Explanation: 
According to the PMBOK® Guide (6th Edition), inspections and audits required by the buyer and supported by the seller as specified in the procurement contract can be conducted during execution of the project to verify compliance in the seller's work processes or deliverable. If authorized by contract, some inspection and audit teams can include buyer procurement personnel.
Question 47
You are in charge of performing the financial analysis for a troubled project in your company. The project is currently on hold and based on the results of your work, top management will decide on continuing or dropping the project. Which category of costs should you not consider in your analysis?

A
Indirect costs
B
Sunk Costs
C
Fixed Costs
D
Variable Costs
Question 47 Explanation: 
Sunk costs are the costs that are expended in the past. Sunk costs should not be considered when deciding on continuing a project.
Question 48
As a project manager in a large organization with various projects similar to yours, you are responsible to report the project status to the top management in a way that quickly and easily gives them the required information. Which one of the following is the best type of report to provide the required information to senior management?

A
Project management plans
B
Gantt Charts
C
Milestone reports
D
Project detailed schedules
Question 48 Explanation: 
The only report that best suits to the needs of senior management is the milestone report. The rest of the mentioned documents include a lot of redundant or detailed information for this purpose.
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