PMP Questions ID 2970 which of the following project selection methods is considered to be the least precise

Which of the following project selection methods is considered to be the least precise?

Select one

Benefit-cost ratio

Payback period

Scoring models

Net present value

PMP Question No 2969 - All Domains

All of the following are true regarding projects except for which one?

Select one

They are temporary in nature.

They can be progressively elaborated.

They produce unique products, services, or results.

They can continue without an ending date.

Answer

PMP Question No 2968 - All Domains

Which of the following is true about benefit-cost ratio?

Select one

It is the quickest and least precise project selection method.

It uses algorithms to calculate the ratio.

Benefit-cost ratio is the most difficult equation to calculate.

Benefit-cost ratio is also known as cost-benefit analysis.

Answer

PMP Question No 2967 - All Domains

You are a senior manager overseeing projects for Fun Days Vacation Packages. You manage projects and weigh the value of each project against the business’s strategic objectives. You also monitor projects to make certain they adhere to those objectives and that you get the most efficient use of resources possible. Which of the following does this scenario describe?

Select one

Project and program management

Project management

Program management

Portfolio management

Answer

PMP Question No 2966 - All Domains

A project manager is putting together the project charter and is interested in referencing marketplace conditions to understand the factors surrounding the project. What is a valid input that the project manager can reference to get this information?

Select one

Organizational process assets

Enterprise environmental factors

Project documents

Lessons learned register

Answer

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