TheoryPMI ACP Exam App Practice Questions
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PMI ACP Exam App Questions
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Q1Adam is evaluating which stock would yield the best return over a 5-year period. He has gathered the estimated future values of the stocks as shown below. Which stock should he invest in to achieve the greatest return? Stock Present Value (PV) ($) Future Value (FV) in 5 years ($) Alpha 5000 8000 Beta 4000 9000 Gamma 6000 10500
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✓ Correct answer: Adam should invest in Gamma, as it provides the highest future value compared to its present value.
To determine which stock provides the best return, Adam should examine the future values of the stocks, not just their present values. Among the options, Stock Gamma has both a considerable future value in 5 years ($$10500$$) and demonstrates the biggest increase from its present value ($$6000$$). The calculation: $$Return_{Gamma} = 10500 - 6000 = 4500$$. This is the highest absolute return among the given stocks.
Q2Which of the following is not a recognized Agile feedback session?
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✓ Correct answer: Pair programming
Answer: Pair programming Feedback sessions in Agile include activities like sprint retrospectives, feedback reviews, and team retrospectives that focus on gathering insights for continuous improvement and team communication. Pair programming is an Agile development practice but not a feedback session. Agile feedback sessions aim to enhance team performance by assessing completed work and processes.
Q3An agile team is preparing for the upcoming sprint and needs to integrate potential risk responses alongside user stories and ongoing tasks in their planning. This integrated list helps prioritize tasks to deliver maximum customer value. What is this list called?
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✓ Correct answer: risk-adjusted backlog
A risk-adjusted backlog includes not only the regular product backlog items like user stories and tasks but also risk responses. This ensures that the team is constantly aware of and dealing with risks along with regular items, providing a holistic prioritization based on value.
Q4In the context of prioritizing product features using the Kano Model, which of the following categories describes features that are expected and could lead to dissatisfaction if missing?
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✓ Correct answer: Basic Needs
Answer: Basic Needs. In the Kano Model, Basic Needs are the fundamental requirements that customers expect. If these needs are not met, it leads to dissatisfaction.
Q5A software development team was creating a new mobile application. They decided to release the complete app after developing all its features in one go. However, on launch day, the app crashed due to unforeseen integration issues, leading to user dissatisfaction and negative reviews. Identify what most likely went wrong in their approach.
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✓ Correct answer: The team did not implement incremental delivery, leading to integration issues.
Answer: The team did not implement incremental delivery, leading to integration issues. Incremental delivery allows teams to deliver smaller segments of functionality early and often, enabling ongoing feedback and reducing the risk of large-scale integration issues. The team should have used iterative releases to detect and fix integration issues progressively.
Q6In an agile project, which communication issue is most likely to create a mismatch between what a development team delivers and what the customer expects?
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✓ Correct answer: Misinterpreting customer requirements leading to incorrect deliverables
Misinterpreting customer requirements can create a gap between what the customer expects and what the team delivers, leading to the need for rework. This is similar to the concept of the 'Gulf of Evaluation' in agile projects, where improper understanding of requirements results in deliverables that do not meet customer expectations. Daily stand-up meetings, team collaboration during retrospectives, and effective use of burndown charts are vital for efficient team operations and progress tracking but are secondary to ensuring accurate interpretation of customer needs.
Q7During a strategic planning meeting, executives are deciding which company to acquire to maximize market share. Four companies are being evaluated based on their Net Present Values (NPVs). Which company should be selected for acquisition to ensure the highest value addition? Company Net Present Value (NPV) Company X $$5\text{ million}$$ Company Y $$3\text{ million}$$ Company Z $$2\text{ million}$$ Company W $$-1\text{ million}$$
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✓ Correct answer: Company X
The Net Present Value (NPV) is a calculation that assesses the profitability of an investment. Higher NPV values indicate better profitability. Therefore, Company X, with an NPV of $$5 \text{ million}$$, provides the highest value addition.
Q8A stakeholder enters the Agile team's workspace to check on the current sprint's status. How should the team member address the stakeholder's inquiry?
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✓ Correct answer: Direct the stakeholder to the Scrum board where sprint progress is visually displayed
Agile methodologies emphasize transparency and the use of visual tools such as Scrum boards or Kanban boards. These information radiators enable stakeholders to get an immediate understanding of the project's current status. Directing the stakeholder to the Scrum board maintains transparency and allows for real-time progress checking, fostering trust and efficient communication without the need for detailed meetings or reports.
Q9Which of the following is an activity typically used for generating insights during a team retrospective?
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✓ Correct answer: 5 Whys
The activity '5 Whys' is typically used during the 'Generate insights' stage of an Agile retrospective. It helps teams dig deeper into root causes of issues faced during the iteration. 'Check-in' is usually done at the start to set the stage; 'Fishbone analysis' and 'Brainstorming' are also insight-generating tools used in this phase.
Q10During a kickoff meeting for a new mobile application project, the Product Owner presented their goals and expectations for the application. What should be the next step for the Product Owner in an Agile project?
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✓ Correct answer: Allow the team to self-organize and begin work on the project goals
Answer: Allow the team to self-organize and begin work on the project goals In Agile, the role of a Product Owner involves setting a clear vision and goals for the product. After articulating these, the Product Owner should trust the team to self-organize and determine the best way to achieve those goals. Micromanaging or imposing rigid structures can hinder the team's performance and autonomy.
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