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Introduction to The Free PMI-ACP® Exam Simulator

When identifying stakeholders, stakeholder registers from previous projects may be very helpful. Where can you find stakeholder registers from previous projects?

A. Project documents
B. Organizational process assets
C. Enterprise environmental factors
D. Project charter

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HINT: Stakeholder registers of previous projects are historical information.
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All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at http://free.pm-exam-simulator.com/ and try the PM Exam Simulator free for 7 days. We are a Project Management Institute (PMI)® Registered Education Provider.

Answer and Explanation:
The correct answer is B.

When identifying stakeholders, the organizational process assets (OPAs) can provide very useful input. OPAs provide strategies, guidelines, templates for stakeholder management as well as lessons learned and sample stakeholder lists from previous projects. Stakeholder registers from previous projects would be part of the corporate knowledge base.

Details for each option:

A. Project documents
Incorrect. Project documents are created as the result of project activities but are not a repository of historical information about previous projects.

B. Organizational process assets
Correct. Stakeholder registers from previous projects are considered historical information, which is a part of the organizational process assets.

C. Enterprise environmental factors
Incorrect. As stakeholder registers from previous projects are historical assets of the organization, they are not considered enterprise environmental factors.

D. Project charter
Incorrect. Although the project charter could provide some helpful information on internal or external parties for identifying stakeholders, the charter is not a repository of historical information from previous projects.

Reference: A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) – Sixth Edition, Project Management Institute Inc., 2017, Page(s) 510

As a project manager, you are in the process of establishing a knowledge management system for your project. Which of the following actions will be the least beneficial in this process?

A. A review of the lesson learned register
B. Reading the requirements documentation
C. An examination of the resource breakdown structure
D. Studying the project team assignments
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HINT: Which documents might be useful in the process of using existing knowledge and creating new knowledge to achieve the project's objectives? Remember, the question is asking to select the 'least' likely choice.
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All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at http://free.pm-exam-simulator.com/ and try the PM Exam Simulator free for 7 days. We are a Project Management Institute (PMI)® Registered Education Provider

Answer and Explanation
The correct answer is B.

Central to knowledge management is having the right processes and people with the right knowledge. Having documents that identify the people and their capabilities are essential to identifying current knowledge and the gaps that may exist. Keep in mind that the question is asking for the document that will be 'least' beneficial in this process. The requirements documentation provides a description of how individual requirements meet the business need for the project. Requirements documents do not identify the people or processes needed, whereas the other options, namely the lessons learned register, the resource breakdown structure and project team assignments are useful in determining what is required for a knowledge management system. Therefore, of the available choices, reading the requirements documentation would be the least beneficial for establishing a knowledge management system for the project and is, therefore, the best answer to the question asked.

A. A review of the lesson learned register
Incorrect. The lessons learned register is useful in understanding what is required for a knowledge management system. The lessons learned register may describe processes that were used in the past, along with any associated advantages and issues.

B. Reading the requirements documentation
Correct. The requirements documentation provides a description of how individual requirements meet the business need for the project. The requirements document does not identify people's knowledge or activities used to manage project knowledge.

C. An examination of the resource breakdown structure
Incorrect. The resource breakdown structure includes information on the composition of the team and may help understand what knowledge is available as well as what are the knowledge gaps.

D. Studying the project team assignments
Incorrect. Project team assignments help identify the project team members and their assignments on the project, the knowledge that they have, and where there may be potential gaps.

Reference: A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) – Sixth Edition, Project Management Institute Inc., 2017, Page(s) 101

One important recommendation I have for those taking the PMP Exam is that you need to manage the time allotted to answer each question on the exam. Call it budgeting, call it time management, call it whatever you want; but do it! You need to walk into the examination room with a clear plan on how many questions you will answer per hour, when you plan on taking a break, and what you will do if time seems to be running out.

Remember that the exam is composed of 200 questions that you must answer within 4 hours. That's 1.2 minutes per question. Once you begin, the clock starts and will not stop even when you take a break. So plan your approach - say for the initial 2 hours, answer all easy questions first and mark those difficult ones for later. Be sure to read all the questions carefully and understand them before you answer. Then take a 10-minute break before going back to the harder questions for the rest of the allotted time. By doing this you will be able to finish the whole exam on time.

But that's just one of many possible approaches and you should define your own. And by having a plan and implementing it you will relieve a lot of the exam pressure. So plan well, and budget your time wisely to succeed.

One of the important aspects of preparing for your PMP Certification is going through a process of answering a series of sample questions that are purposely meant to test your readiness for the big day. As you may already have realized, studying for the exam requires a lot of work, including taking numerous sample tests to find out if you can cope with the question format of the actual exam.

This is why we recommend that you take at least 1,000 PMP exam sample questions. This means that you simulate a complete 4 hours exam to gauge your ability to finish the actual exam on time. As a general rule of thumb: If you are able to correctly answer at least 85% or more of the practice questions on your first try, then you are ready for the PMP Certification Exam.

It is important that you take these full sample exams as they prepare you for the rigors of the exam day, and the type of questions that will be asked. It is even possible that you will encounter questions similar to the ones on your sample tests during the actual exam.

Remember that PMI does not release the actual number of questions that you need to answer correctly in order to pass. You can read up on the exact scoring system in the PMP Handbook. The best that you can do is take a shot at practicing with sample exams. That helps you to get prepared.