PMP Questions ID 3158 using a triangular distribution formula calculate the cost estimate based on the following three

Using a triangular distribution formula, calculate the cost estimate based on the following three-point estimates: Optimistic = $2,500, Most Likely = $3,500, Pessimistic = $7,200.

Select one

$3,500

$13,200

$3,950

$4,400

PMP Question No 3157 - All Domains

All of the following statements are true regarding trend analysis except for which one?

Select one

Trend analysis is a tool and technique of the Control Costs process.

Trend analysis is a mathematical formula used to forecast future outcomes.

Trend analysis determines whether project performance is improving or worsening over time.

Trend analysis is used to analyze how problems occur.

Answer

PMP Question No 3156 - All Domains

Which of the following processes are responsible for adjusting stakeholder engagement and communication strategies and plans, based on how the project is progressing and how the results compare to the plan.

Select one

Monitor Communications and Monitor Stakeholder Engagement

Manage Communications and Manage Stakeholder Engagement

Plan Communications Management and Plan Stakeholder Engagement

Direct and Manage Project Work and Monitor and Control Project Work

Answer

PMP Question No 3154 - All Domains

Mandatory dependency is also known by what other name?

Select one

Preferred logic

Hard logic

Soft logic

External dependency

Answer

PMP Question No 3153 - All Domains

You are a project manager for Wedding Planners, Inc. Since every wedding is unique, your organization believes in managing each one as a project. You’ve come up with a great idea for a new event that you’re certain customers will love and that will also profit the company. Your boss asks you to investigate alternative methods for implementing the new idea and come back with a recommendation. You discover that Alternative A could yield revenues of $21 million over the next two years, while Alternative B could yield revenues of $29 million over three years. The finance manager told you to use 5 percent as the cost of capital. Which project should you choose and why?

Select one

Alternative A, because the discounted cash flows are $19,047,619 while the discounted cash flows for Alternative B are $25,051,831.

Alternative B, because its yield is higher than Alternative A’s yield.

Alternative B, because the discounted cash flows are $26,303,854 while the discounted cash flows for Alternative A are $19,047,619.

Alternative B, because the discounted cash flows are $20,000,000 for Alternative A while the discounted cash flows for Alternative B are $27,619,047.

Answer

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