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NEW QUESTION 1
Activity cost estimates are quantitative assessments of the probable costs required to:
- A. Create WBS.
- B. complete project work.
- C. calculate costs.
- D. Develop Project Management Plan.
NEW QUESTION 2
Who is responsible for determining which processes from the Process Groups will be employed and who will be performing them?
- A. Project sponsor and project manager
- B. Project sponsor and functional manager
- C. Project manager and project team
- D. Project team and functional manager
NEW QUESTION 3
Cost baseline is an output of which of the following processes?
- A. Estimate Activity Resources
- B. Estimate Costs
- C. Determine Budget
- D. Control Costs
NEW QUESTION 4
Which schedule method allows the project team to place buffers on the project schedule path to account for limited resources and project uncertainties?
- A. Critical path method
- B. Critical chain method
- C. Resource leveling
- D. Schedule network analysis
NEW QUESTION 5
Cost variance (CV) is equal to earned value:
- A. Minus actual cost [EV - AC].
- B. Minus planned value [EV - PV].
- C. Divided by actual cost [EV/AC].
- D. Divided by planned value [EV/PV].
NEW QUESTION 6
At the completion of a project, a report is prepared that details the outcome of the research conducted on a global trend during the project. Which item did this project create?
- A. Result
- B. Product
- C. Service
- D. Improvement
NEW QUESTION 7
The cost benefit analysis tool is used for creating:
- A. Pareto charts.
- B. quality metrics.
- C. change requests,
- D. Ishikawa diagrams.
NEW QUESTION 8
Which of the following is an example of a risk symptom?
- A. Failure to meet intermediate milestones
- B. Force of nature, such as a flood
- C. Risk threshold target
- D. Crashing, front loading, or fast tracking
NEW QUESTION 9
Which technique is utilized in the Schedule Control process?
- A. Performance Measure
- B. Baseline Schedule
- C. Schedule Comparison
- D. Variance Analysis
NEW QUESTION 10
A stakeholder expresses a need not known to the project manager. The project manager most likely missed a step in which stakeholder management process?
- A. Plan Stakeholder Management
- B. Identify Stakeholders
- C. Manage Stakeholder Engagement
- D. Control Stakeholder Engagement
NEW QUESTION 11
Funding limit reconciliation is a tool and technique used in which process?
- A. Control Costs
- B. Determine Budget
- C. Estimate Costs
- D. Control Budget
NEW QUESTION 12
Which of the following is a tool or technique for the Plan Procurements process?
- A. Bidder conferences
- B. Proposal evaluation techniques
- C. Contract types
- D. Contract change control systems
NEW QUESTION 13
Which of the following is an input to the Plan Risk Responses process?
- A. Risk urgency assessment
- B. Organizational process assets
- C. Risk register
- D. Schedule management plan
NEW QUESTION 14
The specific technique for identifying a problem, discovering the causes that lead to it, and developing preventive actions is:
- A. Inspection
- B. Use of quality checklists
- C. Root cause analysis
- D. Use of matrix diagrams
NEW QUESTION 15
During which process does a project manager review all prior information to ensure that all project work is completed and that the project has met its objectives?
- A. Monitor and Control Project Work
- B. Perform Quality Assurance
- C. Close Project or Phase
- D. Control Scope
NEW QUESTION 16
Which characteristic is unique to project work and does not apply to operational work?
- A. Performed by individuals
- B. Limited by constraints
- C. Temporary
- D. Performed to achieve organizational objectives
NEW QUESTION 17
What is the risk rating if the probability of occurrence is 0.30 and the impact if it does occur is moderate (0.20)?
- A. 0.03
- B. 0.06
- C. 0.10
- D. 0.50
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