PMP Questions ID 1028 project management is concerned with managing which type of project knowledge page 122

1211.

You are a project manager for Community Trends, a nonprofit organization. Your project has come about because of a social need. So far, the project has experienced some cost variances, but these variances are atypical and are not expected to continue. You know the following information: BAC = 900, EAC = 885, PV = 475, EV = 500, and AC = 425. Which of the following is the correct ETC given this information?

Select one

400

460

471

Re-estimate

1212.

The tools and techniques of the Acquire Resources process include all of the following except for which one?

Select one

Multicriteria decision analysis

Virtual teams

Resource calendars

Negotiation

1213.

You are the project manager for a pharmaceutical company. The latest project involves a new drug that will be released in six months. The project for the release is going well and closely mirrors the release of a drug that took place the previous year. With accurate historical information and quantifiable parameters in hand, what is the best type of cost estimating technique to use during the Determine Budget process?

Select one

Cost aggregation

Analogous estimating

Earned value

Parametric estimating

Select one

The project management plan describes how the project will be executed, monitored, controlled, and closed.

The project management plan describes the requirements that must be met in order to produce the project and product scope.

The project management plan documents the project success criteria, the approval requirements, and who will sign off on the project.

The project management plan documents the business need and the cost-benefit analysis that justifies the project.

1215.

The project sponsor asks the project manager to validate that the product scope has been met. What will the project manager use to measure the completion of the product scope?

Select one

Product requirements

Project management plan

Requirements documentation

Project charter

1216.

You are using the tools and techniques of the Control Schedule process and know all of the following are true except for which one?

Select one

Schedule variances are a key factor in monitoring and controlling project time.

Comparing actual dates to estimated or forecast dates is one way to determine schedule variances.

Delays to noncritical path activities will not cause schedule delays.

Delays to critical path tasks will always cause schedule delays.

1217.

David is a project manager working for a prominent book publishing company. As the most senior project manager within the organization, he often gets the most complex project assignments. For this reason, the PMO manager assigns David to manage a project for a sponsor who is notorious for scope creep. Knowing this, David is likely to place greater emphasis on what project management process?

Select one

Validate Scope

Monitor and Control Project Work

Control Quality

Control Scope

1218.

A project manager is managing a project working to produce a fitness tracking device. He has just finished getting the project authorized and analyzing stakeholder needs and expectations. What activity is he likely to perform next?

Select one

Generate a project charter

Put together the project management plan

Collect the project and product requirements

Develop a stakeholder engagement strategy

1219.

Carina is a principal project manager of You’ve Got Dogs, a specialty company that creates custom dog apparel and toys. She has just finished developing the project charter of a project that will create a new line of high-tech dog bones. What is the significance of the project charter?

Select one

Once the charter is approved, the project team can begin working on the project.

Once the charter is approved, the project manager can begin carrying out planning activities.

Once the charter is approved, the project sponsor can begin allocating funds to the project.

Once the charter is approved, it gives the project manager authority to apply resources to the project.

1220.

Your organization uses a predicative approach to managing projects. You have recently kicked off your project, and you are beginning a series of overview sessions with key users to determine requirements for a new enterprise resource software implementation. What process group are the activities you are performing in?

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