PMP Exam Dumps - Project Management Professional (2025 Version)

According to the Project Management Professional (PMP) Reference Materials, the project manager should get commitment from the team to include all of the required regulations in the MVP when there is no consensus to do so. This is because the MVP is the version of the product that delivers the most value to the customer while meeting the minimum requirements and constraints1. If the project manager identifies some mandatory regulations that are essential for the product to be viable, compliant, and safe, then they should be included in the MVP, regardless of the impact on the project duration2. The project manager should explain the importance and rationale of the regulations to the team and stakeholders, and seek their agreement and support to incorporate them in the MVP3. The other options, A, C, and D, are not appropriate actions for the project manager to take. Training the team on the new regulations as requested by management may not resolve the lack of consensus or commitment from the team and stakeholders, and may delay the MVP definition process. Asking the project sponsor to add more time to the project may not be feasible or necessary, and may not address the root cause of the disagreement. Sharing with participants the need to focus only on product functionality may ignore the regulatory requirements and risks, and may compromise the quality and value of the product. References: 1: Agile Practice Guide, Chapter 4.1.2, "Minimum Viable Product". 2: How to Define a Minimum Viable Product (MVP) - ProjectManager.com, Section "What Is a Minimum Viable Product?". 3: How to use Consensus Decision-Making for Project Management, Section "The 6 Stages of Consensus Decision-Making".

The first step the project manager should take to gather customer requirements for an information security project is to conduct a stakeholder analysis. A stakeholder analysis is a technique that helps identify the key stakeholders, their needs, expectations, interests, and influence on the project. By conducting a stakeholder analysis, the project manager can understand how regional policies may affect the customer requirements, such as legal, regulatory, cultural, or ethical factors. A stakeholder analysis can also help the project manager prioritize the requirements and plan the communication and engagement strategies with the stakeholders. References: = PMBOK® Guide, Sixth Edition, pages 513-515; A 6-step guide to requirements gathering for project success, Step 1: Assign roles.

According to the PMBOK Guide, 7th edition, one of the key activities of the project manager is to monitor and evaluate the project performance and outcomes, and to use the data and information collected to support decision making and adaptation. This is especially important for projects that operate in a dynamic and uncertain environment, where agility, market adaptation, and a quick response to market offerings are critical success factors. The project manager should conduct periodical reviews of the project plans, objectives, and deliverables to ensure that they are aligned with the changing needs and expectations of the stakeholders, and to identify and address any issues or risks that may affect the project value delivery. Option C is the best answer for this question.

Option A is not the best answer because reviewing the project objectives with the project sponsor is not a key activity that the project manager should undertake to ensure company success. It is a good practice to have a clear and shared understanding of the project objectives with the project sponsor, but it is not sufficient to ensure the project’s agility, market adaptation, and responsiveness. The project manager should also engage other stakeholders, such as the customers, users, and team members, and review the project objectives with them as well.

Option B is not the best answer because requesting more funding from the project sponsor to hire additional skilled resources and to incorporate additional quality in the project delivery approach and outcome is not a key activity that the project manager should undertake to ensure company success. It is a possible action that the project manager may take if the project scope, schedule, or quality are affected by the changes in the market or the stakeholder needs, but it is not a proactive or adaptive activity that the project manager should perform regularly. Moreover, requesting more funding may not always be feasible or desirable, as it may increase the project costs and risks, and may not guarantee the project value delivery.

Option D is not the best answer because creating a business case after performing a market review, and then submitting it to the sponsor to modify the project deliverable to meet the newly defined objectives is not a key activity that the project manager should undertake to ensure company success. It is a possible activity that the project manager may perform if the project deliverable is no longer aligned with the business needs or the market opportunities, but it is not a frequent or iterative activity that the project manager should do to ensure the project’s agility, market adaptation, and responsiveness. Moreover, creating a business case may not always be necessary or appropriate, as it may delay the project delivery and may not reflect the current or future state of the market or the stakeholder needs. References: PMBOK Guide, 7th edition, pages 9-10, 15-16, 25-26, 35-36, 49-50.

 According to the PBA Guide, the product owner is the person who is responsible for defining and prioritizing the product backlog, which contains the requirements for the project. The product owner also provides feedback and acceptance for the deliverables produced by the development team. Therefore, the project manager should work with the product owner to clarify the requirement and the acceptance criteria for the task, as they are the best source of information and authority for the project scope. This is also consistent with the agile principles of collaboration, customer satisfaction, and responding to change. References:

PBA Guide, Chapter 2, Section 2.3.1, Roles and Responsibilities of the Product Owner

PBA Guide, Chapter 3, Section 3.2.1, Product Backlog

PBA Guide, Chapter 4, Section 4.3.2, Feedback and Acceptance

PMBOK Guide, Chapter 13, Section 13.2.2.1, Agile/Adaptive Environments

PMBOK Guide, Appendix X3, Section X3.2, Agile Principles

According to the PMI-PBA guide, quality standards are the criteria that the project team uses to measure the quality of the product or service. Quality standards should be aligned with the customer’s needs and expectations, and should be defined and agreed upon by the project team and the stakeholders. Quality standards should also be adaptable to the changing requirements and feedback in an agile environment. One of the agile principles is to deliver working software frequently, which implies that testing should be done early and continuously throughout the project lifecycle. Testing is not only a way to verify the quality of the product, but also a way to validate the value of the solution and elicit feedback from the customer. Therefore, the project manager should coach the team to determine the tools and techniques suitable for the project and ensure that testing is done early and continuously, as this will help the team deliver a high-quality product that meets the customer’s needs and expectations. References:

PMI-PBA guide, Chapter 5: Planning the Business Analysis Approach, Section 5.2.3: Quality Standards, p. 115-116

PMI-PBA guide, Chapter 6: Traceability and Monitoring, Section 6.2.1: Testing, p. 141-142

PMI-PBA guide, Appendix A: Agile Principles and Practices, Section A.1: Agile Principles, p. 263

PMP Exam Study Guide, Chapter 8: Quality Management, Section 8.1: Plan Quality Management, p. 395-396

PMP Exam Study Guide, Chapter 8: Quality Management, Section 8.4: Control Quality, p. 413-414

According to the PMBOK Guide, the project manager should manage stakeholder expectations and engagement throughout the project life cycle. The project manager should also support the product owner’s decisions and authority regarding the product scope and releases. The product owner is responsible for maximizing the value of the product and ensuring that it meets the customer needs and expectations. Therefore, the project manager should support the product owner’s decision to launch the product with the MVP and seek better alignment with the marketing vice president in order to avoid this type of issue in the future. The project manager should also communicate the benefits and risks of the product launch and solicit feedback from the stakeholder. References: PMBOK Guide, 6th edition, pages 18, 37, 51-52, 286-287.

The benefits management plan is a document that describes how the benefits of the project will be delivered, measured, and sustained. It includes the benefits identification, analysis, planning, realization, and transition activities. By quantifying the expected tangible and intangible benefits in the benefits management plan for each phase, the business can increase the value of the project by demonstrating how the project contributes to the strategic objectives, customer satisfaction, and competitive advantage of the organization. Quantifying the benefits also helps to monitor and evaluate the performance of the project and the benefits realization process, and to identify and address any gaps or issues that may arise. Quantifying the benefits can also facilitate the communication and reporting of the value of the project to the stakeholders and the senior management. References: (Professional in Business Analysis Reference Materials source and documents)

PMBOK® Guide, 6th edition, Section 4.5.3.1, p. 123

PMI Professional in Business Analysis (PMI-PBA)® Examination Content Outline, Domain IV: Traceability and Monitoring, Task 2, p. 13

Business Analysis for Practitioners: A Practice Guide, Section 5.3.1, p. 113