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PMI PMP Bundle

Exam Code: PMP

Exam Name Project Management Professional (PMBOK 8)

Certification Provider: PMI

Corresponding Certification: PMP

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PMI PMP Practice Test 40

Question 390

In a discussion with the delivery team on a predictive initiative, a data-platform team has a justified scope change but plans to use management reserve without sponsor review. Which assignment establishes appropriate accountability for the affected decision?

  1. Have procurement confirm escalation terms and sponsor approve revised financial response.
  2. Have the authorized sponsor approve use of management reserve and baseline changes.
  3. Have the project manager and finance partner present corrective options to sponsor.
  4. Have finance controller validate forecast and sponsor decide affordability response.

Explanation

Correct Answer

B:

Have the authorized sponsor approve use of management reserve and baseline changes. The selected owner has authority over the specific business decision instead of transferring responsibility to an unrelated function. In this case, management reserve is subject to defined authority and change control. The stated constraint is: A data-platform team has a justified scope change but plans to use management reserve without sponsor review. The chosen accountability is the most direct response under these conditions.

Incorrect Answers

A:

Have procurement confirm escalation terms and sponsor approve revised financial response. This response addresses another situation in the same task area: A construction cost forecast uses last year's material prices despite newly signed inflation-linked supplier terms. There, defensible forecasts must reflect binding commercial terms rather than obsolete assumptions. For the current situation—A data-platform team has a justified scope change but plans to use management reserve without sponsor review—this option would leave the specific need unresolved: management reserve is subject to defined authority and change control.

C:

Have the project manager and finance partner present corrective options to sponsor. This response addresses another situation in the same task area: A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. There, total project cost includes internal delivery consequences beyond supplier bills. For the current situation—A data-platform team has a justified scope change but plans to use management reserve without sponsor review—this option would leave the specific need unresolved: management reserve is subject to defined authority and change control.

D:

Have finance controller validate forecast and sponsor decide affordability response. This response addresses another situation in the same task area: A project reports spending below budget because key equipment invoices are late, while commitments already exceed the cap. There, cash timing differences can hide obligations and do not prove financial performance. For the current situation—A data-platform team has a justified scope change but plans to use management reserve without sponsor review—this option would leave the specific need unresolved: management reserve is subject to defined authority and change control.

Question 391

In a predictive project, a data-platform team has a justified scope change but plans to use management reserve without sponsor review. After an approved change, the project cost baseline increases from $1,200,000 by exactly $75,000. What is the newly authorized cost baseline?

  1. $1,125,000
  2. $1,275,000
  3. $1,200,000
  4. $1,350,000

Explanation

Correct Answer

B:

$1,275,000 — Add the authorized baseline increase: $1,200,000 + $75,000 = $1,275,000.

Incorrect Answers

A:

$1,125,000 — Subtracting the approved increase would reduce the baseline instead of incorporating the added authorized funding.

C:

$1,200,000 — This is the prechange baseline and ignores the signed $75,000 adjustment.

D:

$1,350,000 — This would add $150,000, twice the authorized $75,000 change.

Question 392

During an integrated project review on a predictive initiative, a data-platform team has a justified scope change but plans to use management reserve without sponsor review. Which evidence would best substantiate that the intended outcome is actually achieved?

  1. Review resource timesheets and remaining duration assumptions against estimate at completion.
  2. Review tranche decisions and customer outcome evidence against financial hypotheses.
  3. Reconcile purchase commitments, receipts, invoices, and forecast assumptions.
  4. Compare reserve decision approvals with revised cost baselines.

Explanation

Correct Answer

D:

Compare reserve decision approvals with revised cost baselines. The evidence tests whether the intended behavior or acceptance occurred instead of relying on unsupported assurances. In this case, management reserve is subject to defined authority and change control. The stated constraint is: A data-platform team has a justified scope change but plans to use management reserve without sponsor review. The chosen assurance is the most direct response under these conditions.

Incorrect Answers

A:

Review resource timesheets and remaining duration assumptions against estimate at completion. This response addresses another situation in the same task area: A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. There, total project cost includes internal delivery consequences beyond supplier bills. For the current situation—A data-platform team has a justified scope change but plans to use management reserve without sponsor review—this option would leave the specific need unresolved: management reserve is subject to defined authority and change control.

B:

Review tranche decisions and customer outcome evidence against financial hypotheses. This response addresses another situation in the same task area: An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. There, budget consumption is not evidence of economic return. For the current situation—A data-platform team has a justified scope change but plans to use management reserve without sponsor review—this option would leave the specific need unresolved: management reserve is subject to defined authority and change control.

C:

Reconcile purchase commitments, receipts, invoices, and forecast assumptions. This response addresses another situation in the same task area: A project reports spending below budget because key equipment invoices are late, while commitments already exceed the cap. There, cash timing differences can hide obligations and do not prove financial performance. For the current situation—A data-platform team has a justified scope change but plans to use management reserve without sponsor review—this option would leave the specific need unresolved: management reserve is subject to defined authority and change control.

Question 393

In a discussion with the delivery team on a hybrid initiative, a fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. What should the project manager do first to address the specific problem?

  1. Submit the funding impact through the required governance approval path.
  2. Update cost assumptions and negotiate exposure options before committing forecast.
  3. Reforecast internal cost exposure including extended staffing and delay consequences.
  4. Tie tranche funding to demonstrated outcomes and forecast marginal value.

Explanation

Correct Answer

C:

Reforecast internal cost exposure including extended staffing and delay consequences. The intervention directly targets the cause described in the scenario rather than creating an unrelated process change. In this case, total project cost includes internal delivery consequences beyond supplier bills. The stated constraint is: A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. The chosen action is the most direct response under these conditions.

Incorrect Answers

A:

Submit the funding impact through the required governance approval path. This response addresses another situation in the same task area: A data-platform team has a justified scope change but plans to use management reserve without sponsor review. There, management reserve is subject to defined authority and change control. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

B:

Update cost assumptions and negotiate exposure options before committing forecast. This response addresses another situation in the same task area: A construction cost forecast uses last year's material prices despite newly signed inflation-linked supplier terms. There, defensible forecasts must reflect binding commercial terms rather than obsolete assumptions. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

D:

Tie tranche funding to demonstrated outcomes and forecast marginal value. This response addresses another situation in the same task area: An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. There, budget consumption is not evidence of economic return. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

Question 394

At the next sponsor and team checkpoint on a hybrid initiative, a fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. Which assignment establishes appropriate accountability for the affected decision?

  1. Have the project manager and finance partner present corrective options to sponsor.
  2. Have the authorized sponsor approve use of management reserve and baseline changes.
  3. Have investment sponsor approve continuation after product owner presents validated results.
  4. Have procurement confirm escalation terms and sponsor approve revised financial response.

Explanation

Correct Answer

A:

Have the project manager and finance partner present corrective options to sponsor. The selected owner has authority over the specific business decision instead of transferring responsibility to an unrelated function. In this case, total project cost includes internal delivery consequences beyond supplier bills. The stated constraint is: A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. The chosen accountability is the most direct response under these conditions.

Incorrect Answers

B:

Have the authorized sponsor approve use of management reserve and baseline changes. This response addresses another situation in the same task area: A data-platform team has a justified scope change but plans to use management reserve without sponsor review. There, management reserve is subject to defined authority and change control. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

C:

Have investment sponsor approve continuation after product owner presents validated results. This response addresses another situation in the same task area: An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. There, budget consumption is not evidence of economic return. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

D:

Have procurement confirm escalation terms and sponsor approve revised financial response. This response addresses another situation in the same task area: A construction cost forecast uses last year's material prices despite newly signed inflation-linked supplier terms. There, defensible forecasts must reflect binding commercial terms rather than obsolete assumptions. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

Question 395

In a hybrid project, a fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. The schedule slip adds 45 days of internal support at $200 per day plus $8,000 in one-time extension overhead. Vendor invoice totals do not change. How much incremental internal cost must be included in the revised forecast?

  1. $25,000
  2. $17,000
  3. $8,000
  4. $9,000

Explanation

Correct Answer

B:

$17,000 — Variable support costs 45 × $200 = $9,000; adding $8,000 fixed overhead yields $17,000.

Incorrect Answers

A:

$25,000 — This incorrectly counts the $8,000 one-time overhead twice; the total is $9,000 + $8,000.

C:

$8,000 — This includes only fixed overhead and omits $9,000 of additional daily support.

D:

$9,000 — This counts the additional staff-days but omits the $8,000 extension overhead.

Question 396

In a project coordination meeting on a hybrid initiative, a fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. Which evidence would best substantiate that the intended outcome is actually achieved?

  1. Review resource timesheets and remaining duration assumptions against estimate at completion.
  2. Review risk register, approved reserve basis, and cost impact evidence.
  3. Review signed price-adjustment clauses and current market reference data.
  4. Compare reserve decision approvals with revised cost baselines.

Explanation

Correct Answer

A:

Review resource timesheets and remaining duration assumptions against estimate at completion. The evidence tests whether the intended behavior or acceptance occurred instead of relying on unsupported assurances. In this case, total project cost includes internal delivery consequences beyond supplier bills. The stated constraint is: A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. The chosen assurance is the most direct response under these conditions.

Incorrect Answers

B:

Review risk register, approved reserve basis, and cost impact evidence. This response addresses another situation in the same task area: An infrastructure upgrade experiences a flood that was a documented risk with a funded contingency reserve. There, contingency is intended for identified risk responses, not arbitrary unapproved expansion. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

C:

Review signed price-adjustment clauses and current market reference data. This response addresses another situation in the same task area: A construction cost forecast uses last year's material prices despite newly signed inflation-linked supplier terms. There, defensible forecasts must reflect binding commercial terms rather than obsolete assumptions. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

D:

Compare reserve decision approvals with revised cost baselines. This response addresses another situation in the same task area: A data-platform team has a justified scope change but plans to use management reserve without sponsor review. There, management reserve is subject to defined authority and change control. For the current situation—A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged—this option would leave the specific need unresolved: total project cost includes internal delivery consequences beyond supplier bills.

Question 397

While resolving an implementation issue on an adaptive/agile initiative, an agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. What should the project manager do first to address the specific problem?

  1. Update cost assumptions and negotiate exposure options before committing forecast.
  2. Submit the funding impact through the required governance approval path.
  3. Tie tranche funding to demonstrated outcomes and forecast marginal value.
  4. Reforecast internal cost exposure including extended staffing and delay consequences.

Explanation

Correct Answer

C:

Tie tranche funding to demonstrated outcomes and forecast marginal value. The intervention directly targets the cause described in the scenario rather than creating an unrelated process change. In this case, budget consumption is not evidence of economic return. The stated constraint is: An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. The chosen action is the most direct response under these conditions.

Incorrect Answers

A:

Update cost assumptions and negotiate exposure options before committing forecast. This response addresses another situation in the same task area: A construction cost forecast uses last year's material prices despite newly signed inflation-linked supplier terms. There, defensible forecasts must reflect binding commercial terms rather than obsolete assumptions. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.

B:

Submit the funding impact through the required governance approval path. This response addresses another situation in the same task area: A data-platform team has a justified scope change but plans to use management reserve without sponsor review. There, management reserve is subject to defined authority and change control. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.

D:

Reforecast internal cost exposure including extended staffing and delay consequences. This response addresses another situation in the same task area: A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. There, total project cost includes internal delivery consequences beyond supplier bills. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.

Question 398

In a project risk and outcome review on an adaptive/agile initiative, an agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. Which assignment establishes appropriate accountability for the affected decision?

  1. Have finance controller validate forecast and sponsor decide affordability response.
  2. Have investment sponsor approve continuation after product owner presents validated results.
  3. Have the authorized sponsor approve use of management reserve and baseline changes.
  4. Have the project manager and finance partner present corrective options to sponsor.

Explanation

Correct Answer

B:

Have investment sponsor approve continuation after product owner presents validated results. The selected owner has authority over the specific business decision instead of transferring responsibility to an unrelated function. In this case, budget consumption is not evidence of economic return. The stated constraint is: An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. The chosen accountability is the most direct response under these conditions.

Incorrect Answers

A:

Have finance controller validate forecast and sponsor decide affordability response. This response addresses another situation in the same task area: A project reports spending below budget because key equipment invoices are late, while commitments already exceed the cap. There, cash timing differences can hide obligations and do not prove financial performance. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.

C:

Have the authorized sponsor approve use of management reserve and baseline changes. This response addresses another situation in the same task area: A data-platform team has a justified scope change but plans to use management reserve without sponsor review. There, management reserve is subject to defined authority and change control. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.

D:

Have the project manager and finance partner present corrective options to sponsor. This response addresses another situation in the same task area: A fixed-price project has a schedule slip that increases internal labor even though vendor invoice totals are unchanged. There, total project cost includes internal delivery consequences beyond supplier bills. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.

Question 399

In an adaptive/agile project, an agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. A tranche cost $150,000. Verified attributable benefits of that tranche total $210,000 under the approved measurement rules. What is the benefit-to-cost ratio for this tranche, rounded to two decimal places?

  1. 0.40
  2. 0.71
  3. 1.40
  4. 1.60

Explanation

Correct Answer

C:

1.40 — Divide verified benefits by the tranche cost: $210,000 / $150,000 = 1.40.

Incorrect Answers

A:

0.40 — This is the net benefit fraction ($60,000 / $150,000), not gross benefits divided by costs.

B:

0.71 — This reverses the ratio, calculating cost divided by benefit instead of benefit divided by cost.

D:

1.60 — This would imply $240,000 benefits for a $150,000 cost; it is not supported by the stated $210,000.

Question 400

During a project governance review on an adaptive/agile initiative, an agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. Which evidence would best substantiate that the intended outcome is actually achieved?

  1. Reconcile purchase commitments, receipts, invoices, and forecast assumptions.
  2. Review risk register, approved reserve basis, and cost impact evidence.
  3. Review signed price-adjustment clauses and current market reference data.
  4. Review tranche decisions and customer outcome evidence against financial hypotheses.

Explanation

Correct Answer

D:

Review tranche decisions and customer outcome evidence against financial hypotheses. The evidence tests whether the intended behavior or acceptance occurred instead of relying on unsupported assurances. In this case, budget consumption is not evidence of economic return. The stated constraint is: An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation. The chosen assurance is the most direct response under these conditions.

Incorrect Answers

A:

Reconcile purchase commitments, receipts, invoices, and forecast assumptions. This response addresses another situation in the same task area: A project reports spending below budget because key equipment invoices are late, while commitments already exceed the cap. There, cash timing differences can hide obligations and do not prove financial performance. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.

B:

Review risk register, approved reserve basis, and cost impact evidence. This response addresses another situation in the same task area: An infrastructure upgrade experiences a flood that was a documented risk with a funded contingency reserve. There, contingency is intended for identified risk responses, not arbitrary unapproved expansion. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.

C:

Review signed price-adjustment clauses and current market reference data. This response addresses another situation in the same task area: A construction cost forecast uses last year's material prices despite newly signed inflation-linked supplier terms. There, defensible forecasts must reflect binding commercial terms rather than obsolete assumptions. For the current situation—An agile product uses incremental funding but measures financial success only by spending the full quarterly allocation—this option would leave the specific need unresolved: budget consumption is not evidence of economic return.