What are the tools and techniques of the Quantitative Risk Analysis process?
A. Checklists, flowcharting, interviewing
B. Interviewing, sensitivity analysis, decision tree analysis, simulation
C. Checklists, sensitivity analysis, decision tree analysis, information-gathering techniques
D. Interviewing, checklists, assumptions analysis, risk probability impact
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You are a project manager for a network cabling project for your organization. Your project team is made up of six full-time employees and three contractors. This is the first time they have all worked together. You know that the team will go through the stages of team development in the following order: A. Forming, storming, norming, and performing B. Storming, norming, forming, and performing C. Norming, storming, forming, and performing D. Forming, norming, storming, performing
Which of the following processes are performed in the Closing process group and in what order? A. Administrative Closure then Contract Closeout B. Scope Verification then Administrative Closure C. Contract Closeout then Scope Verification D. Contract Closeout then Administrative Closure
You work for a large manufacturing plant. You're working on a new project for an overseas product release. This is the company's first experience in the overseas market, and they hope to make a big splash with the introduction of this product. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the U.S. product uses. A new machine is needed in order to mix the first set of ingredients in the concentrated formula. Which of the following is true? A. The new machine, the concentrated formula, and the smaller package are each project constraints. B. The new machine, the concentrated formula, and the smaller package description must be incorporated into the product description document. C. The new machine, the concentrated formula, and the smaller package are each project assumptions. D. The new machine, the concentrated formula, and the smaller package are each considered deliverables.
You are a project manager for Fountain of Youth Spring Water bottlers. You are installing a new accounting system and have identified several problems and their causes. You decide to use which of the following flowcharts to diagram the problems' causes and effects? A. Decision tree diagram B. Fishbone diagram C. Benchmark diagram D. Simulation tree diagram
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
The outputs of the Administrative Closure process include all of the following except: A. Project archives B. Project closure C. Lessons learned D. Formal acceptance
As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following: A. Documenting the requirements B. Documenting the performance measurements C. Reporting changes and updating the project plan and other project documents where appropriate D. Reporting project status timely and regularly
Your company manufactures small kitchen appliances. They are introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. Which of the following is true? A. This is a project because this new product line has never been manufactured and sold by this company before. B. This is an ongoing operation because the company is in the business of manufacturing kitchen appliances. Introducing designer colors and features is simply a new twist on an existing process. C. This is an ongoing operation because the new product line will be sold indefinitely. It's not temporary. D. This is not a project or an ongoing operation. This is a new product introduction not affecting ongoing operations.
how to handle project single handed?and what are the roles and responsibilities of a project leader?
What are the outputs of the Performance Reporting process? A. Performance reports and change requests B. Performance reports and other project records C. Change requests and performance reporting D. Change requests and performance measurements
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
explain the contents of menubar