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Practice PMI PMP®PMP Business Environment Domain Practice ExamQuestion 35

Hard1 markMultiple Choice

Task 3: Evaluate and address external business environment changesBusiness EnvironmentExternal EnvironmentTask 3Matching Conversion

PMP · Question 35 · Task 3: Evaluate and address external business environment changes

A project manager is monitoring the external environment and notes a significant drop in the currency exchange rate relevant to the project's imported materials. <br/><br/>Which project document should be updated FIRST?

Answer options:

Stakeholder Register

Project Schedule

Quality Management Plan

Cost Baseline or Risk Register

How to approach this question

Link the Event (Currency Drop) to the Impact (Cost).

Full Answer

D.Cost Baseline or Risk Register✓ Correct

Economic changes like currency fluctuation impact project costs. The PM should update the Risk Register (if it's a new threat) or the Cost Baseline (via change control if the impact is realized).

Common mistakes

Updating the schedule (B) when the primary impact is cost.

Question 34 All questions Question 36

Practice the full PMP Business Environment Domain Practice Exam

60 questions · hints · full answers · grading

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