Implement Governance Models to Drive Project Outcomes PMI-CP Practice Questions (Page 2)

Questions 6–10

1. 6expert · hard

   A renewable energy company is managing a capital project to install a new wind farm. The project has a fixed budget and a strict timeline, but the team has proposed an innovative technology that could reduce costs in the long term. However, the new technology requires additional upfront investment and may delay the project. What should the project manager do?

   • AReject the new technology to stay within budget and timeline
   • BApprove the new technology immediately because it offers long-term benefits
   • CDefer the decision to the end of the project to avoid disruption
   • DEvaluate the new technology against project objectives and constraints, and present a business case to the steering committee
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2. 7foundation · easy

   When developing a governance framework for a capital project, which step is essential to ensure that the framework addresses the needs of all parties with an interest in the project?

   • AAssigning project team members to tasks
   • BSelecting the project management software
   • CDefining the project schedule
   • DIdentifying key stakeholders
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4. 8foundation · easy

   Which approach best integrates governance with innovation in a project?

   • ASeparating innovation activities from governance oversight entirely
   • BEstablishing clear escalation paths while allowing teams to experiment within defined boundaries
   • CRemoving all governance controls to encourage creativity
   • DApplying strict governance to all activities without exception
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5. 9application · medium

   A pharmaceutical company is managing a capital project to build a new research lab. The project requires strict regulatory compliance but also needs to encourage innovative research approaches. How should the project manager integrate governance with innovation?

   • AEstablish a governance framework that defines clear boundaries and allows flexibility within those boundaries
   • BApply the same governance controls to all project activities regardless of risk
   • CEliminate all governance controls to allow maximum creativity
   • DDelegate all decision-making to the project team without oversight
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6. 10application · medium

   A financial services company is launching a project to develop a new mobile banking app. The project manager notices that the team is risk-averse and rarely suggests new features. The company's leadership wants to promote a culture of innovation. What action by the project manager would most effectively influence the team's behavior?

   • AReward only ideas that are implemented successfully
   • BSet a strict deadline for each team member to propose one new idea
   • CModel innovative behavior by sharing their own ideas and being open to feedback
   • DAssign a dedicated innovation team to generate ideas separately from the main team
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