2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation
2571.
Most project management software packages use a method of constructing a project schedule network diagram known as:
Select one
2572.
The fundamental lesson from the Theory of Constraints by Goldratt is:
Select one
2573.
Martin is the project manager of a project that is in an early phase. He needs to estimate costs but finds that he has a limited amount of detailed information about the project. Which of the following estimation techniques is least suited to his requirements?
Select one
2574.
The performance reports produced during the Control Procurements process are then provided to which project management process for further processing?
Select one
2575.
A seller began a project that was contracted on a time-and-materials (T&M) basis. Based on the agreed-upon rates and effort, the initial contract amount was $100,000 over a one-year period. However, when the project was completed, the total contract value turned out to be $350,000 over a two-year period. What mechanism could the buyer have used to prevent this unlimited cost growth and schedule change?
Select one
2576.
The Budget at Completion (BAC) for a project is $50,000. The Actual Costs (AC) to date are $10,000. The Earned Value (EV) is $7,000. At this stage, the project management team did a manual bottom-up summation of costs and forecast an Estimate to Complete (ETC) of $50,000. What is the Estimate at Completion (EAC) for the project?
Select one
2577.
Projects, portfolios, and programs are different entities in an organization. Which of the following choices states a correct relationship between them?
Select one
2578.
Carole is managing a hotel refurbishment project. She has identified her project's key stakeholders. Carole now wants to expand this list of stakeholders and convert it to a comprehensive list of project stakeholders. What should Carole do?
Select one
2579.
Janice, a project manager, wanted to obtain early feedback on the project requirements. However, she was concerned that the abstract representations of the requirements might not elicit useful feedback. Which of the following tools and techniques might help her overcome this hurdle?
Select one
2580.
You are the project manager of a project and are about to conduct a risk identification exercise in a few days’ time. You want to remind the participants in the exercise beforehand of the various sources from which risk may arise in the project. What could you use to help you do this?
Select one