You are the Project Manager of the XYZ project. You want to find the planned expenses for next month. Which document do you need to refer to?
Answer
Cost Management Plan
Cost Baseline
Cost Control Plan
Cost Variance report
Question 3
Question
You are working on the project of painting of your house. You identify a dependency that the painting of roof should begin only after two days of completion of painting of walls. This is an example of :
Answer
Lag
Lead
Slack
Float
Question 4
Question
Control Procurements is a process in the Project Procurement Management Knowledge area.
Answer
True
False
Question 5
Question
Which of the following theory was suggested by Deming?
Answer
Apply continuous small improvements to reduce costs and ensure consistency.
Marginal Analysis
Expectancy theory - people expect to be rewarded for their efforts.
Plan-do-check-act to improve quality.
Question 6
Question
You are required to estimate the time to paint a large wall. You know it takes two hours to paint one square foot of wall. The wall has an area of 30 square foot. So you estimate that it will take 60 hours to paint the wall. Which estimation model are you using?
Answer
Bottom-up
Parametric modeling
Analogous
Expert judgment
Question 7
Question
In which process of Project Risk Management knowledge area are numeric values assigned to probabilities and impact of risks?
Answer
Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis
Perform Numeric Risk Analysis
Plan Risk Response
Question 8
Question
Which of the following is an output of the Identify Risks process.
Answer
Lessons Learned
Checklists
Risk Register
SWOT Analysis
Question 9
Question
The process of Conduct Procurements is part of the planning phase.