2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation
2001.
A project is contracted on a Cost-Plus-Fixed-Fee (CPFF) basis with a fee of 10 percent of estimated costs. The estimated cost is US$50,000. If the project comes in at US$75,000 with no changes in project scope, what would be the total cost of the contract?
Select one
2002.
Creating a sense of community is a benefit of what type of strategy?
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2003.
You are new to project management, but you have been managing a small project successfully. Now, management has given you another project to manage, something you are excited about. However, the new project is growing exponentially every day. You have also learned that a project manager you work with managed a similar project last year. What should you do?
Select one
2004.
A seller was notified they were one of the selected sellers based on their proposal. The seller immediately circulated an internal newsletter stating they had just been awarded a large contract for a period of five years. Would the newsletter be factually correct?
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2005.
You have been asked by your project manager to help create a chart that illustrates the project resources that will be working on each work package. What would be the best type of chart to use?
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2006.
Organizational process assets are key inputs to the Manage Stakeholder Engagement process. The key elements of the organizational process assets that are used during this process are organizational communication requirements, issue management procedures, and the change control procedures. Which of the following is also a key organizational process asset that must be considered during this process?
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2007.
Which of the following is an incorrect classification of a feasibility study?
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2008.
Which tool is BEST used to display how a company structures itself departmentally?
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2009.
Which of the following statements is incorrect?
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2010.
You have recently been successful in passing the Project Management Professional exam. Others within the organization you work for are also pursuing the certification and have sought your assistance. They have requested that you provide them with a detailed list of the questions that you had on the exam. What is the FIRST course of action you should take?
Select one