2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation
2041.
You are authorized to approve expenditures above $15,000. For the last several weeks, you have been negotiating the terms and pricing of a contract with a vendor, and you want to keep costs as low as possible. This has been an exceedingly difficult negotiation process. A colleague suggests you tell the vendor you can only approve expenses below $10,000 as a way to keep the price low. What do you do?
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2042.
A project was estimated to cost $100,000 with a timeline of five months. Due to some unusual causes, the schedule was delayed. At the end of the third month, the project manager reviews the project and finds that the project is 40 percent complete and Actual Costs are $60,000. Assuming that the cost variations observed to date would not continue going forward, the Estimate to Complete (ETC) for the project are:
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2043.
You are a project manager for Enormous Co. and are currently engaged in a highly visible project. The company is about to implement an independent review to ensure that the project work is continuing to comply with the project‘s policies, processes, and procedures. During which process would this review occur?
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2044.
A project employs a virtual team with team members located in different offices in the same city as well as across different cities. The project manager wishes to build trust and good working relationships. One of the best ways to do this is:
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2045.
Which of these is not an input to the Control Procurements process?
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2046.
Which of the following is not a tool or technique of the Control Procurements process?
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2047.
Christine is managing a healthcare software development project. At a PMI conference, she met George, who is the project manager at a competing organization. George, a PMP, has managed many successful healthcare-related software development projects. If George shares his stakeholder management experience with Christine, will that be considered expert judgment?
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2048.
Sandra is managing a new supersonic aircraft design project. This is a massive project, and its success is hugely important for her organization. For such mission-critical projects, which of the following is the most desirable engagement level for all major stakeholders?
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2049.
Jennifer has recently been asked to manage an office refurbishment project. She finds out that the chief financial officer of the company is resisting the project. The chief financial officer is a key project stakeholder. What must Jennifer do first?
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2050.
Greg’s project is in the initiating stage. The sponsor of the project has asked Greg to present a list of the identified project stakeholders at the next project update meeting. The sponsor has also asked Greg to present the project stakeholders’ current and desired engagement levels so they can brainstorm on the stakeholder engagement strategy. Which of the following is a presentation tool that can help Greg summarize all this information in a tabular format?
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