2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation
2301.
Your company is considering buying a building worth $1 million. If the company buys this building and rents it out for the next five years, it will get $100,000 per year as rent (receivable by the end of each year). At the end of the fifth year, the company will resell the building at $1.1 million. What is the NPV of this investment at 10 percent per annum discount rate?
Select one
2302.
Andrew is a project management guru hired by a retail giant in your country. Andrew finds out there is a wide array of projects that need to be managed from a central PMO; from a number of small projects to large initiatives requiring long-term roadmaps to manage the development of these programs. What project management approach should be recommended for such projects?
Select one
2303.
Organizational process assets are fundamental inputs to most of the project management processes. However, only some of the process assets are relevant to any given process. Which of the following organizational process assets is the least important consideration during the Manage Stakeholder Engagement process?
Select one
2304.
The paint on the exotic cars that are manufactured in your plant is bubbling about a year after application. What would be the best tool for your team to use to find potential causes of the peeling paint?
Select one
2305.
Early in the project, you are meeting with your team and would like to address all the strengths, weaknesses, opportunities, and threats the project is facing. What tool should be used?
Select one
2306.
You recently took over a project as the project manager. This is your first project management assignment. The project sponsor is very supportive and is helping you out in successfully managing the project. Recently, some bad quality deliverables were received on the project, and the project sponsor suggested that you to periodically review the vendor’s progress to deliver project scope and quality, within cost and on schedule, as compared to the contract. Which of the following statements is true in this context?
Select one
2307.
Communication noise refers to influences on effective communication that influence the interpretation of conversations. Noise affects which components of communication?
Select one
2308.
You are in the execution stage of your project, and you are informed that “corporate” will send in a team of consultants to review whether your project activities comply with your company’s and PMI’s policies, standards, and procedures. This is an example of:
Select one
2309.
You are in the initiation phase of your project, and you believe the project can be completed for $100,000. However, you are an experienced project manager and know that many things can happen between the initiation phase and the closure of the project. In the project charter, you have provided an estimate of $75,000 to $175,000. This is an example of:
Select one
2310.
Control Schedule is part of which Project Management process group?
Select one