PMP Questions ID 3192 carina is a principal project manager of youve got dogs a specialty company that creates custom

Carina is a principal project manager of You’ve Got Dogs, a specialty company that creates custom dog apparel and toys. As part of her latest project, she interviews experienced subject-matter experts to better understand what risks exist within the project. Where will she document her findings?

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Project documents

Risk register

Risk report

Risk management plan

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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Analogous estimating

Parametric estimating

Bottom-up estimating

PERT estimating

A project manager is performing quantitative risk analysis. What output is likely to be produced?

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An assessment of probability and impacts for each individual risk

A priority level for each individual project risk

An assessment of overall project risk exposure

A list of potential risk responses

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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The project is ahead of schedule and under budget.

The project is ahead of schedule and over budget.

The project is behind schedule and under budget.

The project is behind schedule and over budget.

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EMV is a tool and technique within the Perform Quantitative Risk Analysis tools and techniques.

EMV is often used in conjunction with decision-tree analysis.

EMV examines risk from the perspective of the project as a whole.

EMV is calculated by multiplying the probability of the occurrence by the value of each possible outcome and adding the results together.

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