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Expected Monetary Value (EMV) analysis is commonly used in:

A.

probability distribution.

B.

decision tree diagram.

C.

sensitivity analysis.

D.

modeling and simulation.

The project management plan:

A.

Identifies all the steps and processes that will be used after a project is initiated

B.

Steps needed to complete a project task

C.

Prepared at the beginning and fixed throughout the execution of the project

D.

Includes project charter

Project risk is defined as the cumulative effect of chances of ________ which will adversely affect project objectives.

A.

Likely events

B.

Complex activities

C.

Complex schedules

D.

Uncertain occurrences

If a project with a CPI of 1.6, what you tell?

A.

The project is consuming fewer resources than anticipated

B.

The project is using fewer resources than anticipated.

C.

The project is falling behind.

D.

The project is running ahead of schedule.

An example of a project is:

A.

Billing customers

B.

Managing an organization

C.

Constructing a building

D.

Providing technical support

Which of the following activity is not performed as part of the direct and manage project execution process?

A.

Monitor implementation of approved changes

B.

Validate deliverables

C.

Staff, train, and manage the project team

D.

Manage cisks and implement risk responses

Which of the following is an output of Define Scope?

A.

PBS

B.

Project Scope statement

C.

WBS Template

D.

Constraints

In an optimal organization structure, the project manager is:

A.

Functional

B.

Weak matrix

C.

Piojectized

D.

Dedicated project team

Which of the following is not a part of the project cost baseline but is included in the project budget?

A.

Management Contingency Reserve

B.

Management Overheads

C.

Project Management Planing

D.

Activity Cost Contingency Reserve

What are common types of cost-reimbursable contracts?

A.

CPF

B.

CPFF

C.

CPIF

D.

Al1 of the above

The buyer and seller are bound by the ________.

A.

Contract

B.

Responsibilities

C.

WBS

D.

Identification

Which of the following relationship is used in the Arrow Diagramming Method [ADM] :

A.

Start-to-Finish

B.

Finish-to-Start

C.

Start-to-Start

D.

Finish-to-Finish

Which of the following plans is not done during the writing of a project plan?

A.

Executive Communication

B.

Risk Management

C.

Quality Management

D.

Scope Statement

Which of the following is not a part of the Earned Value calculations?

A.

Unknown Unknowns

B.

Project Budget

C.

Known Unknowns

D.

Amount of work completed

Market conditions are a part of ________.

A.

Enterprise environmental factors

B.

Project management concerns

C.

Organizational process assets

D.

Cost factor