During which project management process are risk and stakeholder's ability to influence project outcomes the highest at the beginning of the process?
A. Planning
B. Executing
C. Initiation
D. Controlling
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You are a project manager with several years of experience in project management. You’ve just accepted your first project in a foreign country. You've been in the country a week or two and are experiencing some disoriented feelings. This is known as: A. Collocation B. Diversity shock C. Global culturing D. Culture shock
This process applies evaluation criteria to the bids and proposals received from potential vendors: A. Solicitation B. Contract Administration C. Source Selection D. Quality Assurance
You are the project manager for Changing Tides video games. You have gathered the inputs for the Activity Duration Estimating process. You will employ which tools and techniques to produce the outputs for this process? A. Activity list, analogous estimating, quantitatively based durations, and alternatives identification B. Activity list, analogous estimating, expert judgment, and quantitatively based durations C. Expert judgment, analogous estimating, quantitatively based durations, and reserve time D. Expert judgment, alternatives identification, quantitatively based durations, and reserve time
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
What are the tools for process improvement?
Your company has asked you to be the project manager for the product introduction of their new DeskTop Rock media system. You recently published a document that establishes the scope baseline. Which of the following is true? A. This is the scope statement, which is an output of the Scope Planning process. B. This is the scope statement, which is an output of the Scope Definition process. C. This is the scope statement, which is a tool and technique of the Scope Definition process. D. This is the scope management plan, which is an output of the Scope Definition process.
What are the five project management process groups, in order? A. Initiation, Executing, Planning, Controlling, and Closing B. Initiation, Controlling, Planning, Executing, and Closing C. Initiation, Planning, Controlling, Executing, and Closing D. Initiation, Planning, Executing, Controlling, and Closing
How do you handle conflicts in the Team Management ?
Which organization has set the de facto standards for project management techniques? A. PMBOK B. PMO C. PMI D. PMA
Each of the following is true regarding the risk management plan except: A. The risk management plan is an output of the Risk Management Planning process B. The risk management plan includes a description of the responses to risks and triggers. C. The risk management plan includes thresholds, scoring and interpretation methods, responsible parties, and budgets. D. The risk management plan is an input to all the remaining risk planning processes.
You are working on a project that was proceeding well until a manufacturing glitch occurred that requires corrective action. It turns out the glitch was an unintentional enhancement to the product, and the marketing people are absolutely crazy about its potential. The corrective action is canceled, and you continue to produce the product with the newly discovered enhancement. As the project manager, you know that a change has occurred to the product scope as the glitch changed the characteristics of the product. Which of the following is true? A. Changes to product scope are reflected in the project scope. B. Changes to product scope are reflected in the integrated change control plan. C. Changes to product scope are a result of changes to the product description. D. Changes to product scope are a result of corrective action.
Which of the following is true? A. Discounted cash flow analysis is the least precise of the cash flow techniques as it does not consider the time value of money. B. NPV is the least precise of the cash flow analysis techniques as it assumes reinvestment at the discount rate. C. Payback period is the least precise of the cash flow analysis techniques as it does not consider the time value of money. D. IRR is the least precise of the cash flow analysis techniques because it assumes reinvestment at the cost of capital.