PMI Updated PMP Exam Questions and Answers by reign

 A stakeholder engagement plan (SEP) documents how involved and influential your project stakeholders are. It also outlines your stakeholder communication plan, including when you’ll reach out to each stakeholder, what platform you’ll use, and how much information you’ll deliver1. The project manager should assess the information requirements of the community to ensure effective communication and engagement. This involves understanding what information the community needs, how they prefer to receive it, and how often they need updates. This approach helps to build trust, manage expectations, and foster a positive relationship with the community, which can contribute to the success of the project1. References: Asana Resources | Project management | 5 steps to creating a stakeholder engagement plan

The Project Management Body of Knowledge (PMBOK) Guide emphasizes the importance of effective communication in project management. It suggests that project managers should use a variety of communication methods that respect the cultural, practical, and personal preferences of the stakeholders. This approach ensures that all stakeholders are kept informed in a manner that is most suitable for them, thereby increasing the likelihood of project success. References: Project Management Institute. (2021). A Guide to the Project Management Body of Knowledge (PMBOK® Guide)–Seventh Edition. Project Management Institute.

The Project Management Professional (PMP) emphasizes the importance of stakeholder management and engagement in successful project execution. When resistance is encountered, it’s crucial to understand the concerns of the stakeholders and address them appropriately. This could involve revisiting the stakeholder engagement plan to ensure it effectively addresses the needs and concerns of all stakeholders. This approach aligns with the guidance provided in the Professional in Business Analysis Reference Materials, which also underscores the importance of stakeholder engagement and the need to address stakeholder concerns in a timely and effective manner. References: Project Management Professional (PMP) Certification, PMBOK Guide, Professional in Business Analysis Reference Materials. Please refer to the respective guides for more detailed information.

In project management, performing tasks in parallel, also known as fast-tracking, is a schedule compression technique used to shorten the project schedule without changing the project scope. It involves performing more activities concurrently or overlapping activities that were originally planned to be done in sequence. This approach can help meet time-to-market needs by accelerating the project schedule. However, it may increase project risk and requires careful management.

References: PMBOK® Guide – Sixth Edition, Section 6.6.2, “Schedule Compression”