You have decided to outsource a piece of your project. You will conduct procurements using a process belonging to which process
... [Show More] group?
Executing
Which one of the following is NOT the name of a knowledge area of the PMBOK?
Team Management
Which of the following best fits "Ensure that you develop the right products that will satisfy the needs for which the project is undertaken"?
Quality
Under which knowledge area is the action of ensuring that we develop the right product to satisfy the needs for which the project was undertaken?
Scope
Which of the following is NOT true?
iPhone X production is an example of a project
"We calculated that we had spent $6,596.00 on a small project. The benefits the first year are estimated at $13,095.00 What is the ROI?""
98.53%
Which one is true about risk on a project?
Highest in the beginning and decreases as the project progresses
Three of the phases of the project lifecycle are Monitoring and Controlling, Planning, and Executing. What is their correct order between Initiating and Closing?
Planning, Executing, Monitoring and Controlling
Which of the following is the best definition of progressive elaboration?
Taking the project from concept to project management plan
Which is NOT true about project management processes?
Each process must be performed at least once in a project
Which document is issued to authorize a project?
Project Charter
Which of the following does not have to be in the project charter?
Communication management plan
The project resource availability is at maximum in organizations with the following structure(s):
PMO
Under which organizational structure are resources fully available for project work?
Projectized
What are organizational process assets?
They are about how the organization runs it projects
Which one of the following is not an enterprise environmental factor?
Mandatory project audit guidelines
What are enterprise environmental factors?
They are how the performing organization does its business
We estimate that we will spend $800,000.00 on the project. The benefits the first year are estimated at $1,010,000.00. What is the ROI?
26.25%
Who authorizes the project?
Project sponsor
We are working on a project X with estimated profit of $50,632.00. We are offered project Y to work on instead. Project Y has an estimated profit of $83,246.00. What is the opportunity cost of project Y?
$50,632.00
The integrated change control process is used to manage changes to the project at which stage?
From initiating through closing
Which of the following is NOT one of the four baselines mentioned?
Resource baseline
Name the process in the monitoring and control phase (process group) that is used to approve or reject the change requests
Perform Integrated Change Control
Which of the following stakeholders can authorize the closure of a project?
Project sponsor
Which of the following is NOT included in the Project Charter
Project schedule
What is the first process you perform in managing a project?
Develop Project Charter
Who issues the Project Charter document?
Project Sponsor
Which ONE is a major output of the Integration Management Process under Executing? (Hint - there is only one correct answer if you read Table 3-1 very carefully)
Lessons learned register
Job shadowing is a technique used in?
Collecting product requirements
Which ONE of the following is NOT an enterprise environment factor?
Policies and procedures
Which of the following is NOT included in the project scope statement?
The WBS
Which of the following should be done first?
Creating the project charter
The project scope statement is the output of which of the following processes?
The Define Scope process
Which ONE of the following is a product acceptance criteria
The software module must not have more than 13 bugs
Which ONE of the following is NOT part of the project scope according to PMBOK?
User can only access website after logging in
Who creates the WBS?
The project manager with help from the project team
Which of the following is NOT an output of the schedule control process?
Work performance data
What is the MOST common logical relationship used in activity on node diagrams?
Finish to Start
Which of the following is not an input to the Define Activities process?
The activity duration
What is the LEAST common logical relationship used in activity on node diagrams?
Start to Finish
Three estimates were 10, 5, and 20, not given in any order. What is the PERT? (Hint: optimistic is whatever the smallest estimate is, pessimistic is the largest number, and the third number is "most likely") Pick closest answer.
10.83
The amount of time that an activity can be delayed without changed the project finish date is called:
Float time
You need to repair 53 miles of road. Based on the past, you believe you can repair 0.50 miles per day. Using parametric estimating, how long do you estimate it will take to repair the road? Pick closest answer.
106 days [Show Less]