You are a project manager for Community Trends, a nonprofit organization. Your project has come about because of a social need. You’re calculating performance measurements and using actual costs to date, and you assume that ETC work will be completed at the budgeted rate. You know the following information: BAC = 900, ETC = 65, PV = 500, EV = 475, and AC = 425. Which of the following is the correct expected total cost at completion, given this situation?
A project has the highest probability of completing successfully at which stage of the project?
Direct and Manage Project Work, Manage Quality, and Conduct Procurements are processes belonging to what project management process group?
Which of the following best describes the purpose of carrying out activities associated with planning stakeholder engagement?
A project manager is performing activities associated with the Plan Procurement Management process. He is attempting to determine, along with the relevant subjectmatter experts, whether it makes more sense to develop internally or purchase a deliverable. What tools or methods can he use to produce a successful outcome?
You use a predictive approach to managing projects and have just completed your cost baseline. Next, you begin working on determining funding requirements. Which of the following is true?
Which of the following best describes overall project risk?
Alyssa is a project manager tasked with managing an infrastructure project that will consolidate five data centers into one. She is currently facilitating the estimating process to calculate the duration of the project’s activities. Alyssa knows that she has reliable information and is therefore planning on using an estimating technique that will yield a highly accurate estimate with minimal effort expended. What estimating technique is she planning on using?
Roshoud is the VP of customer operations for Galactic Kidz and project sponsor of the latest project, called Project G. He sits down with Sally, the project manager, to discuss the current budget estimate. Roshoud expresses his concerns to Sally over the budget being far greater than originally anticipated and asks her to course-correct. What produces the greatest expense on most projects?
You are working on the communications management plan for your project and have considered the timing and need for updated information by you and your four stakeholders. Your organization has modern, up-to-date technology that your stakeholders and staff have used before, so you anticipate that supplying the information and updates to your stakeholders and team members will be a breeze. Which of the following is true?