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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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