New PMP Question & Answers with explanation
Ronald Pierce is a high-end furniture store chain. The company is in the process of developing a new renaissance style edition for release in six months. The project manager leading the development of the new edition is in the process of estimating the durations of the project activities. He uses information from the previous edition’s project as the primary basis of his estimates. What estimating technique is the project manager using?
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A project manager is performing quantitative risk analysis. What output is likely to be produced?
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You are the project manager for Kitchens Plus Inc. The latest project involves the development of an automatic dicer with unique industry features and has a project budget of $95,000. Based on the latest data, the project has a planned value of $70,200, an earned value of $59,000, and an actual cost of $65,500. How is the project currently performing according to the schedule and budget?
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All of the following are true regarding EMV analysis except for which one?
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During a status meeting, the project manager informs the team that the project has spent a total of $7,500 to date and that the earned value is $5,000. How is the project currently performing?
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