PMP Questions ID 1028 project management is concerned with managing which type of project knowledge page 226

2251.

In adaptive lifecycles, such as the agile approach for product development, requirements are documented as user stories that are then __________ just prior to construction.

Select one

Analyzed and curtailed

Benchmarked and standardized

Prioritized and refined

Examined and outsourced

2252.

A construction project requires that government environmental hearings be held prior to site preparation. What kind of dependency is this?

Select one

Optional dependency

Discretionary dependency

Soft logic

External dependency

2253.

You are managing a fund-raising golf tournament that has a hole-in-one contest. However, your company cannot afford to pay the $1,000,000 award if someone does get a hole in one, so it has elected to take out an insurance policy in the event someone does get lucky. This is an example of:

Select one

Sharing

Mitigation

Transference

Avoidance

2254.

The Make-or-Buy analysis is a technique used as part of the Plan Procurement Management process. It can determine whether the project team can produce a particular product or service, or if it should be purchased. The analysis to arrive at a decision should include:

Select one

Staffing costs only

Indirect costs only

Direct as well as Indirect costs

Direct costs only

2255.

What is the logical sequence of the Project Scope Management processes?

Select one

Plan Scope Management, Collect Requirements, Define Scope, Create WBS, Validate Scope, and Control Scope

Create WBS, Collect Requirements, Define Scope, Validate Scope, and Control Scope

Define Scope, Collect Requirements, Create WBS, Validate Scope, and Control Scope

Plan Scope Management, Collect Requirements, Define Scope, Validate Scope, Create WBS, and Control Scope

2256.

Breaking down project activities into smaller components in order to obtain a more accurate cost estimate and then aggregating the estimates of the lower-level components is:

Select one

Bottom-up estimating

Work breakdown structure

Analogous estimating

Decomposition

2257.

Daniel is managing the development of an e-commerce website for his organization. Daniel enjoys coercive powers. He has assigned Julie, a project team member, to facilitate the team meetings. During any team meeting, Julie must:

Select one

Negotiate with team members to achieve the project objectives

Remain neutral and conduct the meetings

Influence team members to support the project manager's decisions

Support the team members to challenge the project manager's decisions

2258.

Projects are often started as a result of an external factor such as market demand for a new product, a new legislative or regulatory mandate, or a change in technology. This results in the creation of ______ by an entity or organization external to the project.

Select one

The project charter

The WBS

The project budget

The RACI chart

2259.

Bottom-up Cost estimating is typically motivated by the size and complexity of:

Select one

The individual schedule activity or work package

The project management software

The statistical relationship between historical data and other variables

The project budget

2260.

The Quality Policy is the intended direction of a performing organization with regard to quality. However, as a project manager in a performing organization, you find the organization lacks a formal quality policy. What should you do in such a case?

Select one

The project management team needs to obtain the quality policy from the customer.

The project management team will need to develop a quality policy for the project.

The project management team does not need to develop a quality policy since the performing organization does not have one.

A quality policy is nice to have but is not required for every project.

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