Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator.
On a long-term project, you are in the middle of your quarterly celebration, where you recognize exceptional contributions of team members to either saving time and money on the project, or improving the knowledge and skill of other project team members. You announce two types of monetary rewards. Which of the following are considered organizational process assets covering your assessment, presentation, and subsequent payout?
A. Policies for certificates of appreciations and perks
B. Employee performance reviews and training records
C. Time tracking and overtime policy
D. Staffing guidelines
HINT: The performing organization’s specific standards, practices, knowledge bases, data, or artifacts such as policies used to perform or govern the project are considered to be organizational process assets (OPAs). Enterprise environmental factors (EEFs) are conditions beyond the control of the project team that influence, constrain, or direct the project.
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Answer and Explanation:
The correct answer is A.
The performing organization’s specific standards, practices, knowledge bases, data, or artifacts such as policies used to perform or govern the project are considered to be organizational process assets (OPAs). Only one option, policies for certificates of appreciations and other organizational perks, or perquisites, is listed in the PMBOK as OPAs. They are therefore excluded from enterprise environmental factors (EEFs), which are conditions beyond the control of the project team that influence, constrain, or direct the project.
Details for Each Option:
A. Policies for certificates of appreciations and perks
Correct. Policies for human resources, health and safety, policies for certificates of appreciations and other organizational perks, or perquisites, are considered to be organizational process assets (OPAs) that govern the project.
B. Employee performance reviews and training records
Incorrect. Employee performance reviews and training records are considered existing personal administration records, listed among enterprise environmental factors (EEFs).
C. Time tracking and overtime policy
Incorrect. Overtime policy and time tracking are considered existing personal administration records, listed among enterprise environmental factors (EEFs).
D. Staffing guidelines
Incorrect. Staffing and retention guidelines are considered existing personal administration records, listed among enterprise environmental factors (EEFs).
Reference:
A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Sixth Edition, Project Management Institute Inc., 2017, Page(s) 348, 39-41