PMP Exam Dumps - Project Management Professional (2025 Version)

Establishing an enterprise governance structure with division leaders is a strategic approach to ensure that policies and procedures are followed across the organization. This aligns with the PMBOK® Guide’s emphasis on the importance of governance in project management, which includes the development of policies and procedures to guide the project’s conduct and ensure its alignment with organizational objectives. It also involves engaging the appropriate stakeholders in decision-making processes, which is a key aspect of effective project management as outlined in the PMP Examination Content Outline1.

When contract terms need to be revised due to changes in financial regulations, it is essential to amend the contract terms to reflect these changes accurately. This ensures that both parties are aware of and agree to the new terms, which are compliant with current regulations. The process of managing project contracts involves assessing contract risks together with the technical, financial, and operational risks of the project. This requires collaboration between all members of the organization who have a stake in the implementation of the contract1. Furthermore, the PMBOK Guide’s Change Management Process emphasizes the importance of documenting change requests and analyzing their impact, which would include assessing how new financial regulations affect the contract terms2. Therefore, the project manager should work with the successful bidder to amend the contract terms accordingly. References: Process of Managing Project Contracts | PMI, PMBOK Guide Change Management Process For PMP Exam | PM-by-PM.

Before taking action or implementing changes, the project manager should investigate the root cause of the issue. Evaluating the context means engaging the development team to understand delays, roadblocks, or miscommunication. This aligns with conflict resolution best practices, which recommend first gathering facts and context before responding.

The PMBOK® Guide – Seventh Edition emphasizes systems thinking, servant leadership, and collaborative problem-solving. This approach ensures fair assessment and avoids premature assumptions.

Option A is a decision that may bypass due diligence.

Option B is speculative and dismissive of current concern.

Option C might be appropriate after analysis but is premature.

 In an agile approach, it is crucial to consider both the business value and the dependencies between backlog items when prioritizing them for a sprint. The project manager should facilitate a discussion among the team members to reach a consensus on the prioritization of the items. This collaborative decision-making process ensures that the team considers all aspects of the work, including business value, complexity, and dependencies, to make an informed decision that aligns with the team’s capacity and the project’s goals.

The answer is verified using the principles found in the Agile Practice Guide provided by PMI, which emphasizes the importance of collaboration and consensus in agile teams1. Additionally, the PMBOK® Guide - Sixth Edition also supports this approach by highlighting the role of the project manager in facilitating discussions and decision-making within the team2.

Comprehensive and Detailed Explanation:

When a critical project is delayed, especially one impacting multiple stakeholders (e.g., branch offices), a proactive and direct communication method is best. A video conference enables two-way communication, clarity, and immediate response to concerns. This supports stakeholder engagement, transparency, and relationship-building.

Option A (group chat) is too informal and may cause misunderstandings.

Option C (memo) is one-way communication and may lack context.

Option D (monthly report) delays the message unnecessarily.

When a procurement risk is identified, the project manager should review the Risk Management Plan. This plan is essential for understanding the processes and procedures to be followed when addressing risks. It includes identifying, analyzing, prioritizing, and responding to risks, which in this case involves taking preventive action to mitigate the identified procurement risk1234.