2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation
341.
A US$3 million project is being executed. To date, the planned cost is US$630,000, the actual cost (AC) is US$650,000, and the earned value (EV) is US$540,000. What is the project's current status?
Select one
342.
A customer continually submits new feature requests for an existing product. A project manager just communicated the completed scope definition for the product's next version release to stakeholders. What should the project manager do next?
Select one
343.
A company that builds residential properties wants to prevent any costly mistakes associated with frequently performed tasks. What should the project manager create to achieve this?
Select one
344.
A local government provides subsidies for energy-efficient activities. An organization plans a project to install solar panels to reduce energy costs. After the solar panel project has started, the government announces that solar panels may not continue to qualify for subsidies. What should the project manager do?
Select one
345.
Due to lack of funding, a project is terminated during its initiation phase and the project manager must close the project. What should the project manager do first?
Select one
346.
During a multifunctional project's planning phase, the project manager discovers that insufficient resources are available to produce a software package. The project manager outsources the production of this software package by signing a service level agreement (SLA) with a third-party company. What risk response strategy did the project manager use?
Select one
347.
A project must integrate with many other systems that different vendors are developing, and one of the vendors goes bankrupt. What should project manager do first?
Select one
348.
Various tools and techniques determine project requirements during the Collect Requirements process. These requirements form the basis for defining the project scope. One of the responsibilities of a project manager is to identify key project deliverables during this exercise. Where are the key project deliverables documented?
Select one
349.
Which of the following statements most accurately describes a project scenario?
Select one
350.
The Create WBS process identifies the deliverables at the __________ level in the Work Breakdown Structure (WBS).
Select one