PMP Questions ID 1028 project management is concerned with managing which type of project knowledge page 76

751.

The business need or demand that brought about the project, high-level scope description, analysis of the problem or opportunity the project presents, recommendation, and an evaluation statement together describe elements of which of the following?

Select one

Organizational process assets

The feasibility study

The business case

The project charter

Select one

Project-oriented

Functional

Weak matrix

Strong matrix

Select one

Plan Quality Management

Manage Quality

Control Quality

Monitor Quality

754.

You are performing alternatives analysis as part of the Define Scope process. Which of the following options is not true?

Select one

Alternatives analysis is a component of the data analysis tool and technique.

Alternatives analysis is used in the Plan Scope Management process and the Define Scope process.

Alternatives analysis involves unanimity, plurality, majority, and autocratic voting methods.

Brainstorming and lateral thinking are types of alternative analysis.

755.

You are a project manager for Waterways Houseboats, Inc. You've been asked to perform a cost–benefit analysis for two proposed projects. Project A costs $2.4 million, with potential benefits of $12 million and future operating costs of $3 million. Project B costs $2.8 million, with potential benefits of $14 million and future operating costs of $2 million. Which project should you recommend?

Select one

Project A, because the cost to implement it is cheaper than with Project B

Project A, because the potential benefits plus the future operating costs are less in value than the same calculation for Project B

Project B, because the potential benefits minus the implementation and future operating costs are greater in value than the same calculation for Project A

Project B, because the potential benefits minus the costs to implement are greater in value than the same calculation for Project A

756.

You have just prepared an RFP for release. Your project involves a substantial amount of contract work detailed in the RFP. Your favorite vendor drops by and offers to give you and your spouse the use of their company condo for your upcoming vacation. It's located in a beautiful resort community that happens to be one of your favorite places to go for a getaway. What is the most appropriate response?

Select one

Thank the vendor, but decline the offer because you know this could be considered a conflict of interest.

Thank the vendor, and accept. This vendor is always offering you incentives like this, so this offer does not likely have anything to do with the recent RFP release.

Thank the vendor, accept the offer, and immediately tell your project sponsor so they're aware of what you're doing.

Thank the vendor, but decline the offer because you've already made another arrangement for this vacation. Ask them whether you can take a rain check and arrange another time to use the condo.

757.

You need to convey some very complex, detailed information to the project stakeholders. What is the best method for communicating this kind of information?

Select one

Written

Verbal

Vertical

Horizontal

758.

You are the project manager for Xylophone Phonics. It produces children's software programs that teach basic reading and math skills. You are performing the Plan Quality Management process and are identifying operational definitions. Which of the following does this describe?

Select one

The quality metrics

The quality management plan

The project documents update

The cost of quality

759.

Your team is developing the risk management plan. Which tool and technique of this process is used to develop risk cost elements and schedule activities that will be included in the project budget and schedule?

Select one

Meetings

Data analysis

Information-gathering techniques

Risk data quality assessment

760.

Which performance measurement tells you the cost of the work that has been authorized and budgeted for a WBS component?

2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation