PMI PMP Exam (page: 47)
PMI Project Management Professional
Updated on: 19-Jan-2026

Viewing Page 47 of 285

A project manager is leading a project to develop accounting software for a trading firm. As the outcomes are being delivered, a new risk is identified regarding an indirect tax regulation that is being changed by the government in the next 6 months. This risk will have a significant impact on the project outcomes.
What should the project manager do next?

  1. Determine the impact of the risk and prioritize outcomes that do not affect the tax module.
  2. Delay developing the indirect tax module until the tax regulation comes into effect.
  3. Assess the impact of the risk with an expert and prioritize further outcomes with the client.
  4. Analyze the impact of the risk and discuss with the team to determine how to separate the tax module.

Answer(s): C



An oil and gas project started without having acquired full funding for the project. The remaining funds were to be acquired during project execution. The acquisition of the remaining funds was delayed several months, resulting in a suspension of work by all contractors.
What should the project manager have done to prevent this from happening?

  1. Ensured the stakeholder anticipated obstacles to achieving financial closure on the remaining funds.
  2. Ensured the risk was adequately assessed and mitigated by the appropriate stakeholders.
  3. Ensured the stakeholder who was providing additional funds remained interested in the project.
  4. Ensured the project team monitored and reviewed the project risk register periodically.

Answer(s): B



A project manager entered into a contract with a vendor to build a new system. During the acceptance test stage, the project manager noticed that the system quality was not satisfactory.
How should the project manager support their claim to the vendor?

  1. Provide the failed test results along with the agreed-upon acceptance criteria.
  2. Share unsuccessful results from previous projects with a similar scope.
  3. Document in the risk log that the issues in the system were already identified.
  4. Show that the acceptance criteria were changed by the vendor without approval.

Answer(s): A



A project manager agreed to a team member's request to have an alternative working schedule whereby they begin working at 12:00 p.m. each day. This arrangement has worked well for the project, but has recently been scrutinized by members from other project teams because the company's core working hours begin at 9:00 a.m.
What should the project manager have done to prevent this situation?

  1. Broken down the situation to identify the root cause
  2. Determined communication methods and channels
  3. Analyzed the boundaries of the negotiations for agreement
  4. Managed and rectified the ground rule violations

Answer(s): C



The project sponsor reports that a key stakeholder is complaining about performance differences in the metrics reported by the project manager, which gives the impression that the project is out of control. The project manager has been providing the project's status according to the agreed-upon communications management plan. This key stakeholder, however, seldom attends the status report meetings.
What should the project manager do first to address this situation?

  1. Evaluate the communication needs to discover the gaps and adjust the original plan if needed.
  2. Use the contingency reserves to implement fast tracking and improve the schedule key performance indicators (KPIs).
  3. Review the resource breakdown structure (RBS) to request the main stakeholder's manager to replace the stakeholder.
  4. Provide evidence to the project sponsor that the project is on track and the communications have been sent.

Answer(s): A



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