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You are the project manager for a top-secret software project for an agency of the United States Government. Your mission, should you choose to accept it, is to complete the project using internal resources. The reason is because getting top secret clearances for contractors takes quite a bit of time and waiting for clearances would jeopardize the implementation date. Your programmers are 80 percent of the way through the programming and testing work when your agency appoints a new executive director. Your programmer’s are siphoned off this project to work on the executive director's hot new project. Which of the following addresses the purpose of Scope Verification in this case? A. It determines the correctness and completion of all the work B. It documents the level and degree of completion C. It determines if the project results comply with quality standards D. It documents the correctness of the work according to stakeholders' expectations
Your project depends on a key deliverable from a vendor you've used several times before with great success. You're counting on the delivery to arrive on June 1. This is an example of : A. Constraint B. Objective C. Assumption D. Goal
Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible as this might be her one and only chance to secure the budget for this project due to recent cuts in special projects. You decide: A. To use analogous estimating techniques B. To use bottom-up estimating techniques C. To use top-down estimating techniques D. To use expert judgment techniques
Which of the following tools and techniques shows the impacts of one decision over another as well as the probability and cost of each risk along a logical path? A. Simulation B. Decision tree C. Probability/impact risk matrix D. Sensitivity analysis
What are the 10 knowledge areas of project management?
You are a project manager for Cashiers Systems. Your company produces cashiering systems and software for the retail industry. Your customer has requested a change that will change the characteristics of the cashiering system. You've described the characteristics of the cashiering system using this tool and technique of the Integrated Change Control process: A. Product description B. Product analysis C. Decomposition D. Configuration management
You are the project manager for a new website for the local zoo. You need to perform Quantitative Risk Analysis. You'll use all of the following tools and techniques to accomplish this except: A. Data precision ranking B. Sensitivity analysis C. Decision tree analysis D. Interviewing
Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000 with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend? A. Either Project A or Project B because the payback periods are equal B. Project A because Project B's payback period is 21 months C. Project A because Project B's payback period is 24 months D. Project A because Project B's payback period is 20 months
Which of the following brings together a set of tools and techniques used to describe, organize, and monitor the work of project activities? A. Project managers B. Guide to the PMBOK C. Project management D. Stakeholders
What is the concept of project management?
You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. You adjust the schedule and find that two activities previously scheduled to start sequentially can be started at the same time. This is an example of: A. Crashing B. Fast tracking C. Resource leveling D. Adjusting the resource calendar
All of the following are true regarding the Executing processes except: A. Executing has one core process. B. The majority of the project budget is spent here. C. The greatest conflicts are schedule conflicts. D. Project performance is measured to identify variances.
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