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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What are the tools and techniques of the Contract Administration process? A. Contract change control system, payment system, payment requests B. Contract change control system, contract negotiations, payment system C. Contract change control system, contract negotiations, contract changes D. Contract change control system, performance reporting, payment system
Your project was just completed. Due to some unfortunate circumstances, the project was delayed causing cost overruns at the end of the project. This information might be useful on future projects in all of the following activities except: A. Cost estimating B. Allocating resources C. Product verification D. Activity estimating
What are the Scope Planning process tools and techniques? A. Benefit/cost analysis, work breakdown structure templates, expert judgment, and supporting detail B. Product analysis, benefit/cost analysis, alternatives identification, and expert judgment C. Product analysis, work breakdown structure templates, supporting detail, and expert judgment D. Benefit/cost analysis, alternatives identification, supporting detail, and expert judgment
You are a project manager and are in the Closing process of the project. Your customer has been presented with a formal acceptance and sign-off document. They refuse to sign, claiming the product does not meet their expectations. You know that this situation could have been prevented by doing all of the following except : A. Documenting the requirements B. Documenting the customer's refusal to sign C. Performing quality inspections during the process D. Requesting sign-off at important milestones
What is the key activity during Contract Closeout and Administrative Closure? A. Documenting lessons learned B. Creating project archives C. Disseminating information to formalize project closure D. Documenting project closure
How will prioritize tasks in your projects?
How do you set goals for your team? And how do you track these goals?
You are a project manager for Picture Shades, Inc. They manufacture window shades for hotel chains that have replicas of Renaissance-era paintings on the inside of the shades. Picture Shades is taking their product to the home market, and you're managing the new project. They will offer their products at retail stores as well as on their website. You're developing the project schedule for this undertaking and have determined the critical path. Which of the following is true? A. You calculated the most likely start date and most likely finish dates, float time, and weighted average estimates. B. You calculated the activity dependency, and the optimistic and pessimistic activity duration estimates. C. You calculated the early and late start dates, early and late finish dates, and float times for all activities. D. You calculated the optimistic, pessimistic, and most likely duration times and the float times for all activities.
Which of the following is true regarding the project charter? A. The project charter should be published under the name of a manager external to the project. B. The project charter should be published under the project sponsor's name. C. The project charter should be published under the name of the project manager. D. The project charter should be published under the name of the project champion.
Which of the following is true regarding NPV? A. NPV assumes reinvestment at the cost of capital. B. NPV decisions should be made based on the highest value for all of the selections. C. NPV assumes reinvestment at the prevailing rate. D.NPV assumes reinvestment at the NPV rate.
What is triple constraint triangle in project management?
Your project team is a close group all busily working on project activities. They're close to approaching the performing stage of Team Development. All six members must communicate frequently with each other. How many lines of communication are there? A. 12 B. 15 C. 18 D. 14