header bg

Download PMP Prep app now

Scan QR code or get instant email to install app

Question:

What area of the PMI Code of Ethics and Professional Conduct does this question reflect to, and which process are you organizing?

A Conflict of interest and the Conduct Procurements process
explanation

This question describes the Conduct Procurements process. Make-or-buy decisions is one of the inputs of this process, and bidder conferences and proposal evaluation techniques are two of the tools and techniques of this process. Since you know the vendor, even though you haven’t seen this person recently, you should be concerned about a conflict-of-interest situation.

Explore more similar questions
Take more free practice tests for other PMP topics with our pmp exam prep now!

Comments

miguel nina

1 year ago

Great way to practice on the phone

jaya kumar

1 year ago

Very much helpful - explanations are simply super - I have passed the PMP- all above target. I have refered only this app.

Cesar Pichardo

1 year ago

Excelllent

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Related Questions

Which of the following scheduling solutions does Kanban practice?

On-demand scheduling.

Kanban follows a lean approach using a pull-based scheduling system, also referred to as on-demand scheduling, to maintain flexibility and focus on continuous delivery. This pull system involves moving work through a process in a visual manner using a Kanban board.

What advice can Manfrit give Frank to gain this deliverable?

Spend time developing the project team

Developing the project team sets up the team for success, but it is also a strategy that creates an open, encouraging environment that enables team members to contribute.

What is she describing?

Benefits

The sponsor is referring to benefits. According to the PMBOK® Guide, project benefits are defined as outcomes of actions, behaviors, products, services, or results that provide value to the sponsoring organization as well as to the project’s intended beneficiaries.

What power type is exerted in this scenario?

Expert

Expert power occurs when the person being influenced believes that the person doing the influencing is knowledgeable about the subject. In this case, the division president felt that your experience and knowledge gave merit to your advice.

All of the following statements are accurate except for which one?

This is an example of a proposal evaluation technique, which is an output of this process.

Proposal evaluation techniques are a tool and technique of this process. It is also an example of source selection criteria, which are an input to this process and may also include financial capacity and technical capability.

Given the following information, are project costs ahead or behind what was planned for this duration? EV = 95, PV = 85, AC = 100.

Behind, because the result of the variance formula is negative

Cost variance tells you whether costs are above or below what was planned for this period and are calculated by subtracting AC from EV. In this case, the formula looks like this: $95 – $100 = –$5. The resulting number is negative, which means the project costs are lower than what was planned for this time period.

Sue is leading the transformation of her PMO from a directive PMO to an Agile PMO. What characteristics is Sue likely to emphasize when describing the Agile PMO to the company’s leadership team? (Select three.)

The Agile PMO is invitation-oriented.

The Agile PMO is value-driven.

The Agile PMO is multidisciplinary.

Agile project management offices (PMOs) exist to guide the organization in continuously achieving business value. According to the Agile Practice Guide, an Agile PMO is value-driven, invitation-oriented, and multidisciplinary.

Oreste is managing a project release using the Scrum model and has decided to colocate the team for the period of the project. What advantages will Oreste realize by practicing this approach? (Select three.)

Increase the effectiveness of team dynamics.

Create a continuous learning environment at a reduced cost.

Increase knowledge sharing.

According to the Agile Practice Guide, colocation improves communication, increases knowledge sharing, enables team member commitment to each other and the project, and creates a low-cost continuous learning environment.

Your project team is struggling to finish the latest set of features, which inquired advanced knowledge of facial recognition technology. In talking with a peer, they encourage you to contemplate expanding the team to include virtual team members. What advantages can this offer, which can alleviate some of the challenges you are dealing with?

The pool of skilled resources widens.

All of the options listed are benefits of using virtual teams. In this scenario, the team is lacking in the technical knowledge required to complete the set of features. Broadening the resource pool to include virtual team members increases the likelihood that the right skill set will be acquired.

Why is assessing risk probability in the Perform Qualitative Risk Analysis process hard?

Because it relies on expert judgment

Assessing risk probability is difficult because it relies on expert judgment; the other options listed are not used during this process.

Which of the following process groups does this activity associate with?

Executing

The Executing process group is where you should execute the work defined within the plan and implement corrective and preventive actions as they are approved. The primary focus of the Monitoring and Controlling process group is to take measurements and perform inspections to find out whether there are variances in the plan.