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NEW QUESTION 1
Which risk response strategy is common for both positive and negative risks?
- A. Share
- B. Accept
- C. Mitigate
- D. Transfer
Answer: B
NEW QUESTION 2
Which of the following forecasting methods uses historical data as the basis for estimating future outcomes?
- A. Time series
- B. Judgmental
- C. Econometric
- D. Simulation
Answer: A
NEW QUESTION 3
The Plan Procurements process includes documenting project purchasing decisions and what other steps?
- A. Specifying the approach and identifying potential sellers
- B. Specifying the approach and selecting a seller
- C. Identifying potential sellers and obtaining seller responses
- D. Specifying the approach and managing procurement relationships
Answer: A
NEW QUESTION 4
Which is a communication method used in the Report Performance process?
- A. Expert judgment
- B. Project management methodology
- C. Stakeholder analysis
- D. Status review meetings
Answer: D
NEW QUESTION 5
What is an objective of the Develop Project Team process?
- A. Feelings of trust and improved cohesiveness
- B. Ground rules for interaction
- C. Enhanced resource availability
- D. Functional managers becoming more involved
Answer: A
NEW QUESTION 6
A work package has been scheduled to cost $1,000 to complete and was to be finished today. As of today, the actual expenditure is $1,200 and approximately half of the work has
been completed. What is the cost variance?
- A. -700
- B. -200
- C. 200
- D. 500
Answer: A
NEW QUESTION 7
An example of a group decision-ma king technique is:
- A. Nominal group technique.
- B. Majority.
- C. Affinity diagram.
- D. Multi-criteria decision analysis.
Answer: B
NEW QUESTION 8
What is a deliverable-oriented, hierarchical decomposition of the work to be executed to accomplish the project objectives and create the required deliverables?
- A. Organizational breakdown structure (OBS)
- B. Work performance information
- C. Work package
- D. Work breakdown structure (WBS)
Answer: D
NEW QUESTION 9
What is a tool and technique used in the Develop Project Management Plan process?
- A. Project management information system (PMIS)
- B. Project charter
- C. Quality assurance
- D. Expert judgment
Answer: D
NEW QUESTION 10
Organizational process assets, a lessons-learned database, and historical information are all inputs to which process?
- A. Plan Cost Management
- B. Plan Scope Management
- C. Plan Stakeholder Management
- D. Plan Schedule Management
Answer: C
NEW QUESTION 11
A risk that arises as a direct result of implementing a risk response is called a:
- A. contingent risk
- B. residual risk
- C. potential risk
- D. secondary risk
Answer: D
NEW QUESTION 12
What risk technique is used to quantify the probability and impact of risks on project objectives?
- A. Expert judgment
- B. Risk registry
- C. Risk response planning
- D. Interviewing
Answer: D
NEW QUESTION 13
Which Knowledge Areas include processes from the Closing Process Group?
- A. Project Quality Management and Project Time Management
- B. Project Scope Management and Project Risk Management
- C. Project Stakeholder Management and Project Cost Management
- D. Project Integration Management and Project Procurement Management
Answer: D
NEW QUESTION 14
Which is an enterprise environmental factor?
- A. Marketplace conditions
- B. Policies and procedures
- C. Project files from previous projects
- D. Lessons learned from previous projects
Answer: A
NEW QUESTION 15
Change requests are an output from which Project Integration Management process?
- A. Direct and Manage Project Execution
- B. Develop Project Management Plan
- C. Close Project
- D. Develop Project Charter
Answer: A
NEW QUESTION 16
What is the definition of Direct and Manage Project Execution?
- A. Integrating all planned activities
- B. Performing the activities included in the plan
- C. Developing and maintaining the plan
- D. Execution of deliverables
Answer: B
NEW QUESTION 17
An input to the Estimate Activity Resources process is:
- A. Activity resource requirements.
- B. Published estimating data.
- C. Resource calendars.
- D. Resource breakdown structure (RBS).
Answer: C
NEW QUESTION 18
Which project risk listed in the table below is most likely to occur?
- A. 1
- B. 2
- C. 3
- D. 4
Answer: B
NEW QUESTION 19
Risk responses reflect an organization's perceived balance between:
- A. risk taking and risk avoidance.
- B. known risk and unknown risk.
- C. identified risk and analyzed risk.
- D. varying degrees of risk.
Answer: A
NEW QUESTION 20
At which stage of team development do members begin to work together, adjust work habits, and trust each other?
- A. Forming
- B. Storming
- C. Norming
- D. Performing
Answer: C
NEW QUESTION 21
Which of the following are inputs into the Administer Procurements process?
- A. Payment systems, organizational process assets update, and claims administration
- B. Inspections and audits, contract change control system, and project management plan updates
- C. Procurement documents, performance reports, and approved change requests
- D. Project documents, seller proposals, and payment systems
Answer: C
NEW QUESTION 22
A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building is known as:
- A. Benchmarking.
- B. Context diagrams.
- C. Brainstorming.
- D. Prototyping.
Answer: D
NEW QUESTION 23
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