PMP Questions ID 3113 a project manager has been asked to calculate the payback period for her project the projects i

A project manager has been asked to calculate the payback period for her project. The project’s investment is $500,000, with expected cash inflow of $50,000 for the first two quarters and $100,000 for every quarter thereafter. What is the payback period?

Select one

6 months

24 months

18 months

12 months

You are in the process of attaining and assigning resources to the project. You have both internal and external resources. You will be hiring your external resources using a work order against a contract you have with a local staffing agency. All of the following are true except for which one?

Select one

The project manager might not have the ability to hire or select all of the project team members.

The team members coming from the consulting company are accounted for in the Plan Procurement Management process and Plan Resource Management process, not this process.

Checking for availability and considering personal interests and characteristics are an important part of this process.

The project manager is responsible for assuring the resources are skilled and available for the project and for documenting their reporting responsibilities. This is accomplished in this process and in the Plan Resource Management process.

Select one

Deliverables are specific items that must be produced for the project or project phase to be considered complete. Each project phase has only one deliverable, which might have multiple requirements.

Requirements are measurable items that must be produced for the project or project phase to be considered complete. Each project phase might have multiple deliverables with multiple requirements.

Requirements are measurable items that must be produced for the project or project phase to be considered complete; deliverables are the specifications used to tell you what you are trying to produce.

Deliverables are specific items that must be produced for the project or project phase to be considered complete; requirements are the specifications of the deliverables used to tell you whether the deliverables were produced successfully.

A project sponsor asks the project manager to observe nonverbal feedback in the upcoming status meeting and adjust his presentation based on these observations. Which process is associated with these activities?

Select one

Plan Communications Management

Manage Communications

Monitor Communications

Control Communications

The project team recently participated in a working session to examine and document the effectiveness of risk responses in dealing with overall project risk. What project management process are they performing?

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