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A project is plagued by requested changes to the project charter. Who has the primary responsibility to decide if these changes are necessary? | A. The project manager | B. The project team | C. The sponsor | D. The stakeholders
C. The sponsor
In Earned Value Management Technique, you can compute the Cost Performance Index (CPI) by applying which of following formula? | A. CPI = EV/PV | B. CPI = EV - AC | C. CPI = EV - PV | D. CPI = EV/AC
D. CPI = EV/AC
True or False: Project manager should consider using milestones for high level reporting | A. True | B. False
A. True
B. True
C. Reducing
B. Reasons projects are initiated
B. Scope and cost may both be affected
D. Meet with the customer
C. Responsibility Assignment Matrix
A. The planned performance or baseline.
E. Projectized
A. Executing
A. True
A. Decreased understanding of what it takes to get it done
C. Your subordinates.
A. False
B. Project scope is the work that needs to be accomplished to deliver a product, service, or result.
A. True
A. True
C. Project Documents Updates & Requirements Specifications
D. Leading
D. Confronting, Compromising, Smoothing, Forcing, Avoiding.
C. An assumption.
D. Contingency reserve is included into the cost budget but management reserve is not.
A. Develop Project Charter
B. False
C. The amount of their annual bonus.
A. Take its late finish minus its estimated duration.
D. RACI matrix
A. True
D. External
A. True
B. Change control process
D. Scope information
D. Continue to identify and monitor risks for the remainder of the project.
B. Start to finish relationship.
A. False
C. Until it can be done by one person
C. A technique that involves estimating the cost of individual work packages or individual schedule activities with the lowest level of detail.
E. Define how to identify and manage triple constraints.
C. The people or organizations that are positively or negatively impacted by your project.
B. True
B. False
B. Minimize the likelihood or the impact of negative events or threats to your project and to increase the likelihood or impact of positive events.
D. Risk Register
B. Analogous estimating
A. False
B. True
A. Person responsible for tracking risk events
A. Initiating
C. Natural result of change
B. The business need for the project
D. The sequence of project activities
D. Product scope is the work that needs to be accomplished to complete a project
C. Mandatory
D. Yes, if the baseline is completely unachievable and the project sponsor approves it
D. Key competitors
C. Your direct reports.
A. False
B. True
F. Monitoring
B. EAC = BAC/CPI
B. You should develop a contingency plan and ask your management for contingency reserve.
A. True
A. False
B. True
A. Time and cost may both be affected
D. Scope information
C. Ongoing and repetitive.
B. Management reserve is not tied to specific work packages it is for the entire project
A. Stakeholder, Communication, Human Resource
B. True
A. False
B. Put all the pieces of a project into a cohesive whole
A. True
F. Uninteresting
A. True
B. False
B. Invite them to a quick meeting to share the announcement and then follow-up.
D. Leading
A. Costly to create
D. A constraint
A. Acceptance criteria
A. Parametric estimating
A. Take the late start of its immediate successor.
C. ahead of schedule.
C. Executing
B. False
D. The project manager creates the project charter, and the sponsor approves it
A. Providing subject matter expertise
C. Quality Management Plan / D. Time Management Plan
A. True
A. True
A. When activity duration or resource quantities are uncertain, use top-down estimating techniques. / B. When detail is available and accuracy is needed, use bottom-up estimating techniques.
A. True
D. It repeats itself every month
D. The functional manager has stronger power than the project manager's power.
A. Scope and cost may both be affected
A. Project archives
A. Project Integration Management