What is the purpose of the project charter?
A. To recognize and acknowledge the project sponsor
B. To recognize and acknowledge the existence of the project and commit organizational resources to the project
C. To acknowledge the existence of the project team, project manager, and project sponsor
D. To describe the selection methods used to choose this project over its competitors
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All of the following are tools and techniques of the Quality Control process except: A. Monte Carlo Analysis B. Statistical sampling C. Pareto diagrams D. Trend analysis
You know that BAC = 375, PV = 300, AC = 200, and EV = 250. Variances that have occurred on the project to date are not expected to continue. What is the ETC? A. 75 B. 50 C. 125 D. 150
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Your company has asked you to be the project manager for the product introduction of their new DeskTop Rock media system. You recently published the scope statement and the supporting detail. The supporting detail contains all of the following except: A. Constraints B. Other project information not noted in the scope statement C. Code of accounts D. Assumptions
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You are a project manager for Snow Fun, a chain of retail shops specializing in winter sports gear and clothing. You’ve been working on contract with Snow Fun and are ready to move on to your next assignment. The customer has signed off on the project, formal acceptance notices have been distributed, and project closure procedures have been performed. What type of project ending is this? A. Extinction B. Starvation C. Integration D. Addition
Contract documentation is an input to the Contract Closeout process. Contract documentation might include all of the following except: A. Supporting documents B. Contract changes C. Financial documents D. Procurement audit documents
You are a project manager for Waterways Houseboats, Inc. You have been asked to perform a benefit/cost analysis for two proposed projects. Project A costs $2.4 million with potential benefits of $12 million and future operating cost of $3 million. Project B costs $2.8 million with potential benefits of $14 million and future operating costs of $2 million. Which project should you recommend? A. Project A because the cost to implement is cheaper than Project B B. Project A because the potential benefits plus the future operating costs are less in value than the same calculation for Project B C. Project B because the potential benefits minus the implementation and future operating costs are greater in value than the same calculation for Project A D. Project B because the potential benefits minus the costs to implement are greater in value than the same calculation for Project A
The Project which is handled by you is in RED, customer has given you 4 weeks to show improvement, still nothing has worked out. The Customer again gives 3 weeks to improve and you do your best to improve, but nothing works out. Now the customer is not at all happy, HOW TO CONVINCE THIS CUSTOMER ???
8 Answers AZS, BGR Energy, Wipro,
Project managers use this conflict resolution technique most often: A. Smoothing B. Confronting C. Naming D. Forcing
The purpose of the Initiation process is to: A. Formally recognize the existence of a project or project phase B. Formally recognize the need that brought about the project be it marketing demand, customer requests, business need, technological advances, or legal requirements C. Formally recognize the stakeholders of the project and identify them in the project charter D. Formally recognize the project sponsor and document his or her project goals
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