Which process group defines the course of action required to attain the objectives that the project was undertaken to achieve?
As part of a mid-project evaluation, your project sponsor has asked you to provide a forecast of total project cost. You should calculate the forecast using which of the following methods?
Which process must occur after a project manager has been assigned to the project?
Which of the following is a tool and technique for activity duration estimating?
What tool or technique of Estimate Activity Durations uses parameters such as duration, budget, size, weight, and complexity from a previous, similar project as the basis for estimating the same parameter or measure for a future project?
Your project has a budget of $240,000 and is expect to last for 1 year, with the work and budget spread evenly across all months. The project is now in the fourth month, the work is on schedule, but you have spent $120,000 of the project budget. What is your COST Variance percentage in this case?
A major assumption of all network scheduling methods is that the activity duration must be _____.
You have a piece of equipment that was purchased for your project recently for $5,000 and is expected to last 5 years in production. At the end of the five years, the expected worth of the equipment is $2,000. Using the straight-line deprecation, what is the amount that can be written off each year?
A scope management plan In which of the following scope management processes is the scope management plan prepared?
What is a hierarchically organized depiction of the identified project risks arranged by risk category?
Define Scope involves subdividing the major project deliverables into smaller, more manageable components to __________.
How many communication channels will be required in a project in which 10 individual are participating?
__________ is providing detailed plans for tasks that are about to start in the near future using the most current information and revisiting future activities when they near their starting dates.
Your project team is composed of team members in three countries plus a contractor team in a fourth country. What tool would optimize communication?
At what point in a project do you have the highest probability that it will fail?
With triangular distribution, the low, likely and high values are 20, 30 and 40, respectively. The mean is _____.
Which of the following relationship is used in the Arrow Diagramming Method [ADM] :
A Project Manager is at the project kick-off meeting. He confidently states the vision and mission for the project. This PM is exhibiting the following leadership style:
The product description of a project can help to create procurement details. Which one of the following best describes product description?
Which tools or techniques will the project manager use for developing the project team?
At which point of the project is the uncertainty the highest and the risk of failing the greatest
What tool and technique includes all costs incurred over the life of a product by investment in preventing nonconformance to requirements?
When you are developing the estimates for project, you choose to add the individual estimates for the activities that comprise each phase. What type of estimation method are you using?
Cost benefit analysis, scorecard modelling, payback periods, and internal rate of return are examples of ____________.
Make-or-buy decisions measure the costs of both options. What are the two options?
Which type of network diagram is also referred to activity-on-arrow (AOA) diagrams?
Which document is best suited for tracking the assignment of all resources to specific tasks in a project?
What defines the portion of work included in a contract for items being purchased or acquired?
Which of the following documents allows the project manager to assess risks that may require near term action?
Which of the following is one of the key components of the basic communications model?
Which of the following is not a part of the project cost baseline but is included in the project budget?