PMP Questions ID 2100 your organization is hoping to meet its strategic objective to grow the business by expanding to

Your organization is hoping to meet its strategic objective to grow the business by expanding to foreign markets. Since working with international sellers is new to you as a project manager you are researching potential issues others have encountered on international projects. You have learned of situations where issues have arisen due to illegal payments. Which e following payments on an international project is unacceptable?

Select one

Payment for mail service

Payment for police protection

Offering to pay the country officials for not awarding the project to a particular company

Payment for a foreign workers application license required in the country

PMP Question No 2099 - Cost

Which of the following defines things the project manager needs to do regarding cost

Select one

Meet any agreed-upon estimates, estimate larger-sized work components, and accept constraints from management.

Never just accept constraints from management, periodically recalculate the estimate to complete and meet any agreed-upon estimate.

Periodically recalculate the estimate to complete, increase estimates by eliminating risks, and reestimate when changes are requested

Never recalculate the estimate to complete, never just accept constraints from management, and only use historical records forr accurate estimates

Answer

PMP Question No 2098 - Cost

While reviewing project performance, the project manager determines that the schedule variance is -500. What is the best thing to do

Select one

Move resources from the project to one that is not failing

Let the sponsor know

Determine the cost variance

Look for activites that can be done in parallel

Answer

PMP Question No 2097 - Cost

One common way to compute estimate at completion (EAC) is to take the budget at completion (BAC) and:

Select one

Multiply by spi

Divide by spi

Divide by cumulative cpi

Multiply by cpi

Answer

PMP Question No 2096 - Cost

Which of the following information about the project would never be available during project planning

Select one

Internal rate of return

Cost performance index

Benefit cost ratio

Budget at completion

Answer