2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation

991.
Within a predictive life cycle, which of the following serves as the basis for estimating costs?
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992.
A project manager liked to hold meetings on a weekly basis with his team members. These meetings resembled brainstorming sessions, where ideas were generated regarding existing risks and project issues. The project manager never struck down any idea and, instead, attempted to foster an environment where creativity, innovation, and sharing of ideas were encouraged. What type of leadership style does this project manager use?
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993.
As the director of the PMO, you regularly meet with executives to facilitate the review of new project proposals as part of an enterprise project selection committee. During a meeting, the selection committee considers three proposals. You present a summary of the three proposals and break them down by initial investment, payback period, and net present value. Based on the information provided in Table 6.1, which project of the three should the selection committee choose? [TABLE] 6.1 Project Selection Investment Payback Period IRR Project Sunrise $1,200,000 18 months .5 percent Project X $50,000 24 months 3 percent Project Revolution $550,000 9 months 3 percent
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994.
You are the project manager for a project that will produce a mobile phone application that sends alerts when UV rays are at dangerous levels, alerting users to stay indoors. You are in the process of measuring schedule performance against the schedule baseline. Within a predictive life cycle, what process group are these activities associated with?
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995.
You are using a hybrid life-cycle approach to manage your project and are creating the cost management plan. You have talked with your project sponsor and CFO and will document that you are rounding to the nearest thousand and will be using weeks to estimate resources. What two elements of the plan does this describe, respectively?
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996.
What are the two categories into which knowledge can be split?
Select two
997.
What quality theorist believed that the quality standard should be zero defects?
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998.
The project manager of an accounting firm has team members located across the globe for his latest high-tech project. The project will make use of cutting-edge technology that is not widely used yet. In this scenario, what is the key benefit to having a virtual team?
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999.
A project manager leading a multiphase construction project is beginning to perform the risk management processes. Because of the project’s complexity and the amount of money invested in the project, the project sponsor stressed the critical nature of managing risks. The project manager took this advice seriously and brought together a risk management team. Alongside the risk management team, the project manager worked on the development of the risk management plan. Which of the following is not likely to be covered within the risk management plan?
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1000.
Immediately after a morning planning meeting, the project manager and the development lead hold an impromptu discussion about the schedule for a project they are working on. During their discussion they uncover that each thought a set of deliverables was going to be completed at different points in the schedule. In light of this new revelation, they agree to update the schedule and share the information with the rest of the team. What is the best type of communication to use when dealing with complex issues, such as this one?
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