2024 PMP Exam New Syllabus Business Environment Area Typical Past Questions and Very Detailed Analys

Mondo Education Updated on 2024-02-01

Today is 40 days away from the PMP exam on March 10, 2024, Huayan Club will share with you the real questions under the new syllabus of [Business Environment] to help you experience and understand the characteristics of the PMP exam under the new syllabus and how to apply the knowledge and common sense (experience) you have learned to solve the questions, and draw inferences from one another, and pass the 2024 PMP exam in one go.

According to the new PMP syllabus for the March 2024 exam, the business environment area accounts for about 8% of the questions, which is 180*8%=144. About 14 questions. What is the Business Environment area in the PMP exam? PMI does not give a specific definition, according to the framework of PMBOK body of knowledge, it can be simply understood as the environmental factors that need to be considered in the operation of the project, and the project is dynamically adjusted according to the environmental factors to achieve the established business goals.

Of course, it is often difficult to distinguish between the topics in the business environment and the process area, because all the management processes of the project are in a certain environment, and the same situation may be handled in different ways in different environments. But it doesn't matter, you don't need to worry so much about the exam. It is enough to master the principles and ideas of problem solving.

Question: Project managers want to be prepared for the possibility of natural disasters during the project. In which process should a project manager document this issue first? ()

a.Identify risks.

b.Implement qualitative risk analysis.

c.Implement quantitative risk analysis.

d.Monitor risk.

Huayanhui analysis: answer a. According to the title, "Possibility of natural disasters", this is to manage the risks of the project, first identify the risks, and then record them in the risk register for the whole process of closed-loop management. B and C are carried out after identifying risks, and D is to monitor the risk status throughout the project implementation process to see if there are any new risks.

Huayanhui reminds: In general, the three options of BCD for this question are not very interfering. If there is an option to "plan for risk response", it is easy to fall into the pitfall, note that this question asks which process to record first. All individual risks in risk management are recorded in the risk register, which is completed in the process of identifying risks. In addition, remind students that risk identification is not done once at the beginning of the project, but may be carried out multiple times throughout the process.

Question: A junior project manager must develop a comprehensive risk management plan for a new project. The project manager reviewed the project management plan in detail. Which document should a project manager refer to? ()

a.Quality Management Plan.

b.Resource management plan.

c.Register of Lessons Learned.

d.Work Breakdown Structure (WBS).

Huayanhui analysis: answer c. The input to the development of a risk management plan is examined, and the scenario mentions "comprehensive", so learn more from previous projects. The Lessons Learned Register here should be understood as a repository of lessons learned in the organizational process assets would be a little better.

Question: The project sponsor of a software development project expressed concern that the overall negative project risk could lead to the failure to achieve the project goals. Which of the following strategies can a project manager adopt to adjust the level of overall project risk and optimize the likelihood of achieving project goals? ()

a.Conduct risk assessment workshops to minimize risk impact estimates.

b.Add high-yield elements to the scope of the project.

c.Transfer of risk to third parties.

d.Change the scope and boundaries of the project.

Huayanhui analysis: answer d. This question is a test of the strategy for coping with the overall risk of the project. Option d eliminates high-risk work within the scope of the project and is a project-wide circumvention measure. Option A lowers the estimate and does not mean that the risk will not occur, and it may even increase the budget. Option B, the scenario does not mention the element of high returns. Option C, note that the focus in the scenario is "adjusting the level of overall project risk", and after the transfer, the risk still exists, but the loss is borne by a third party.

In fact, according to the PMBOK definition, the overall risk of the project itself refers to the possibility that the project goal cannot be achieved, and it is the result of the comprehensive impact of all uncertain time. When it comes to exams, we will be wrong.

Question: When reviewing a project report, the project manager identifies a new volatile event that may delay the project schedule, what should the project manager do first in order to develop a plan to reduce the incident?

a.Update the risk register.

b.Revise the schedule.

c.Assess the overall impact on the project.

d.Perform root cause analysis.

Huayanhui analysis: answer a. An unstable event is identified as a risk that "may affect the project schedule" and is added to the risk register. Next, the risk is assessed, and a risk response plan is developed based on the results of the assessment, option C is after option A, and BD is a possible thing to do.

Q: What should the project manager do if the client does not agree with the project end date included in the project management plan at the project kick-off meeting? ()

a.Explain how the project end date was determined

b.Modify the project end date according to customer needs.

c.Get the customer to accept the project end date.

d.Discuss and resolve disagreements related to the project end date.

Huayanhui analysis: answer d. The kick-off meeting is held from the planning stage to the implementation stage, with the aim of reaching a consensus and obtaining commitments from all parties involved. The disagreement on the end date in the topic needs to be resolved in order to reach a consensus, so D is chosen.

Huayanhui reminds: Of course, no matter what stage of the project you are in, you should choose D when you encounter this situation. When you encounter a disagreement, discuss it and resolve it. However, if it is in the process of implementation, if you want to modify the date after discussion, you need to go through the change process.

1. Multi-functional practice (high-quality real questions and detailed analysis to assist in exam preparation).

2. Well-organized documents, **self-study can also obtain PMP).

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