2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation
1311.
Which of the following represents characteristics of the Planning process group?
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1312.
The project manager has just determined that three functional managers with a high interest in the project hold a particularly high degree of influence in the allocation of enterprise resources. Where is the project manager likely to document this information?
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1313.
Which of the following shows quality management issues escalated by the team, as well as recommendations for process, project, and product improvements?
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1314.
Which project management document provides the project manager with the authority to apply organizational resources to project activities?
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1315.
Analogous estimating is also known as what?
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1316.
Your project selection committee is considering four projects. Project A’s NPV is positive, it has an IRR of 14 percent, and the payback period is 21 months. Project B’s NPV is negative, it has an IRR of 9 percent, and the payback period is 16 months. Project C’s NPV is positive, it has an IRR of 16 percent, and the payback period is 18 months. Project D’s NPV is negative, it has an IRR of 16 percent, and the payback period is 13 months. Which project should you choose?
Select one
1317.
You are the project manager for the Heart of Texas casual clothing company. It’s introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. Your legal department has recommended you use a contract that reimburses the seller’s allowable costs and includes a fixed fee upon completion of the contract. Which of the following contract types will you use?
Select one
1318.
A project manager is preparing to lead a project status meeting. The project is currently 75 percent complete and is reaching the most critical point. Since the project sponsor is planning on attending the meeting, the project manager decides to update the earned value calculations to present the latest performance updates in terms that the sponsor will want to see. The budget at completion (BAC) is set at $550,000, and the current estimate at completion (EAC) is at $525,000. What variance at completion (VAC) value will the project manager communicate to the sponsor?
Select one
1319.
Ken is a product owner for a new product and is integrating smart technology into refrigerators. The latest project aimed to incorporate new features into the product. These features involved the use of facial technology to recognize members of the household as they walked by, displaying tailored recommendations on a panel within the refrigerator, such as favorite recipes or encouraging comments. Recently, Ken received the news that a competitor beat his company to market, and a window was missed. The project was cancelled. The competitor had recently showcased its technology in a key annual appliance conference, but Ken was not able to attend. What did Ken fail to do?
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1320.
Legitimate, expert, referent, and punishment are all types of what?
Select one