PMP Exam Dumps - Project Management Professional (2025 Version)

Net Present Value (NPV) is the most appropriate financial metric for comparing long-term project investments such as build vs. buy options. It helps assess which option provides greater value over time after considering costs and future benefits discounted to present value.

PMI recommends NPV as a key tool in investment decision-making during project selection and early planning stages.

EMV is best used in risk-based decision-making.

EV measures performance during execution.

Impact value is not a recognized PMI metric.

When a team member is underperforming, the project manager should first assess skill gaps or knowledge barriers. Identifying whether the person needs additional training, mentoring, or support is a fundamental leadership responsibility. This supports the PMBOK® principle of fostering individual and team performance.

The PMBOK® Guide – Seventh Edition emphasizes team development through coaching, mentoring, and training. Adaptive leadership helps align assignments with competency and career development.

Option A accepts inefficiency without root cause analysis.

Option B may disrupt team focus and doesn’t address individual needs.

Option C is broader but should come after identifying actual training gaps.

Comprehensive and Detailed Explanation:

The PMO typically maintains standard templates and documentation requirements, especially for steering committees. Engaging the PMO ensures alignment with organizational standards and expectations.

A may result in inconsistent or outdated artifacts.

C may provide insight but not ensure consistency.

D may waste time if templates already exist.

The correct approach is for the project manager to directly address the issue with the team member using empathetic communication and coaching. This aligns with the servant leadership principle common in Agile frameworks, where the project manager facilitates team well-being and engagement through open dialogue.

According to PMBOK® Guide – Seventh Edition, under "Leadership Skills and Team Performance," the project manager should use emotional intelligence to understand and respond to team dynamics effectively. Option C reflects that behavior.

Options A and D involve external interventions without first understanding the individual. Option B delays the feedback loop and abdicates the project manager’s responsibility.

Before taking any action, the project manager should gather more context and engage the team to assess feasibility. This includes evaluating schedule impacts, resource constraints, regulatory implications, and whether scope trade-offs are required. This approach aligns with the PMBOK® Guide’s recommendation to evaluate change impacts before making decisions.

Option A is misaligned; root cause analysis is more appropriate for problem resolution, not for scope acceleration.

Option B assumes approval and feasibility without review.

Option C applies to Agile backlog reprioritization but this is a regulatory milestone, likely not in a product backlog.