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NEW QUESTION 1
Which is the correct formula for calculating expected activity cost for three-point estimating?
- A. Ce = (C0 + 6Cm + Cp)/4
- B. Ce = (6C0 + Cm + Cp)/4
- C. Ce = (C0 + 4Cm + Cp)/6
- D. Ce = (C0 + C„, + 4Cp) / 6
Answer: C
NEW QUESTION 2
Which of the following involves making information available to project stakeholders in a timely manner?
- A. Plan Communications
- B. Performance reporting
- C. Project status reports
- D. Distribute Information
Answer: D
NEW QUESTION 3
The process of developing a detailed description of the project and product is known as:
- A. Create WBS.
- B. Verify Scope.
- C. Collect Requirements.
- D. Define Scope.
Answer: D
NEW QUESTION 4
What is the tool and technique used to request seller responses?
- A. Procurement documents
- B. Expert judgment
- C. Bidder conferences
- D. Contract types
Answer: C
NEW QUESTION 5
What is the schedule performance index (SPI) if the planned value (PV) is $100, the actual cost (AC) is $150, and the earned value (EV) is $50?
- A. 0.50
- B. 0.67
- C. 1.50
- D. 2.00
Answer: A
NEW QUESTION 6
Stakeholders can be identified in later stages of the project because the Identify Stakeholders process should be:
- A. Continuous
- B. Discrete
- C. Regulated
- D. Arbitrary
Answer: A
NEW QUESTION 7
Whose approval may be required for change requests after change control board (CCB) approval?
- A. Functional managers
- B. Business partners
- C. Customers or sponsors
- D. Subject matter experts
Answer: C
NEW QUESTION 8
Plan-do-check-act is also known as:
- A. prevention over inspection.
- B. statistical sampling.
- C. management responsibility,
- D. continuous improvement.
Answer: D
NEW QUESTION 9
Which of the following is a schedule network analysis technique that takes limited resources into account?
- A. Network reserve analysis
- B. Critical chain method
- C. Lead and lag adjustment
- D. Critical path method
Answer: B
NEW QUESTION 10
The purpose of developing a project scope management plan is to:
- A. Manage the timely completion of the project.
- B. Ensure that the project includes all of the work required.
- C. Make sure the project will satisfy the needs for which it was begun.
- D. Reduce the risk of negative events in the project.
Answer: B
NEW QUESTION 11
Correlated and contextualized information on how closely the scope is being maintained relative to the scope baseline is contained within:
- A. project documents updates.
- B. project management plan updates.
- C. change requests.
- D. work performance information.
Answer: D
NEW QUESTION 12
The process of identifying and documenting project roles, responsibilities, required skills, and reporting relationships and creating a staffing management plan is known as:
- A. Develop Project Team.
- B. Manage Project Team.
- C. Acquire Project Team.
- D. Plan Human Resource Management.
Answer: D
NEW QUESTION 13
An element of the modern quality management approach used to achieve compatibility with the International Organization for Standardization (ISO) is known as:
- A. Forecasting,
- B. Brainstorming.
- C. Historical databases.
- D. Cost of quality.
Answer: D
NEW QUESTION 14
Managing procurement relationships and monitoring contract performance are part of which process?
- A. Conduct Procurements
- B. Plan Procurements
- C. Administer Procurements
- D. Close Procurements
Answer: C
NEW QUESTION 15
An output of the Create WBS process is:
- A. Scope baseline.
- B. Project scope statement.
- C. Organizational process assets.
- D. Requirements traceability matrix.
Answer: A
NEW QUESTION 16
The integrative nature of project management requires which Process Group to interact with the other Process Groups?
- A. Planning
- B. Executing
- C. Monitoring and Controlling
- D. Project Management
Answer: C
NEW QUESTION 17
Which of the following is developed from the project scope baseline and defines only that portion of the project scope that is to be included within a related contract?
- A. Product scope description
- B. Procurement statement of work
- C. Project schedule
- D. Work breakdown structure (WBS)
Answer: B
NEW QUESTION 18
Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?
- A. Cost Plus Fixed Fee Contract (CPFF)
- B. Cost Plus Incentive Fee Contract (CPIF)
- C. Firm Fixed Price Contract (FFP)
- D. Fixed Price with Economic Price Adjustment Contract (FP-EPA)
Answer: A
NEW QUESTION 19
Expected monetary value (EMV) is computed by which equation?
- A. Value of each possible outcome multiplied by probability of occurrence
- B. Value of each possible outcome multiplied by probability of non-occurrence
- C. Multiplying the value of each possible outcome by the probability of occurrence and adding the products together
- D. Multiplying the value of each possible outcome by the probability of non-occurrence and adding the products together
Answer: C
NEW QUESTION 20
Which input to the Manage Stakeholder Engagement process is used to document changes that occur during the project?
- A. Issue log
- B. Change log
- C. Expert judgment
- D. Change requests
Answer: B
NEW QUESTION 21
The product scope description is used to:
- A. Gain stakeholders' support for the project.
- B. Progressively elaborate the characteristics of the product, service, or result.
- C. Describe the project in great detail.
- D. Define the process and criteria for accepting a completed product, service, or result.
Answer: B
NEW QUESTION 22
Which of the following is a conflict resolution technique that emphasizes areas of agreement rather than areas of difference?
- A. Compromising
- B. Collaborating
- C. Smoothing
- D. Problem Solving
Answer: C
NEW QUESTION 23
The Perform Integrated Change Control process occurs in which Process Group?
- A. Initiating
- B. Executing
- C. Monitoring and Controlling
- D. Planning
Answer: C
NEW QUESTION 24
A weighting system is a tool for which area of Conduct Procurements?
- A. Plan contracting
- B. Requesting seller responses
- C. Selecting seller's
- D. Planning purchase and acquisition
Answer: C
NEW QUESTION 25
Through whom do project managers accomplish work?
- A. Consultants and stakeholders
- B. Stakeholders and functional managers
- C. Project team members and consultants
- D. Project team members and stakeholders
Answer: D
NEW QUESTION 26
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