2,934 New PMP Questions & Answers with explanation
2031.
A project manager creates a component-specific tool to verify that a set of required steps has been performed. This tool is called a:
Select one
2032.
The complexity of the information flow in any project depends upon the complexity of the project itself. Information flows through various channels in complex projects. The project management team is responsible for gathering, compiling, analyzing, and reporting this information. Which of the following processes finally releases the project information to the project stakeholders?
Select one
2033.
The Cost Performance Baseline is a time-phased budget and is used as a basis to measure, monitor, and control overall cost performance of the project. It is usually displayed in the form of:
Select one
2034.
Contingency Reserves are estimated costs to be used at the discretion of the project manager to deal with:
Select one
2035.
A project is estimated to cost $50,000 with a timeline of 50 days. After 25 days, the project manager finds that 50 percent of the project is complete and actual costs are $50,000. What is the Cost Performance Index (CPI)?
Select one
2036.
Your project is midway through a delivery schedule. As the project manager, you want to determine how much work remains. Which is the most accurate way to determine the remaining work the project team must carry out?
Select one
2037.
An estimating technique that uses a statistical relationship between historical data and other variables (such as square footage in construction or lines of code in software development) is known as:
Select one
2038.
A critical resource is on another project team. It is essential that you get his time for your project. You have contacted the resource’s team manager several times but have received a poor response. What should you consider doing next?
Select one
2039.
Which of these is a valid negative risk response?
Select one
2040.
Which of these is accurate regarding risk management?
Select one