You are the project manager for BB Tops, a nationwide toy store chain. You are working on estimates for your latest project and have gathered several variables for your model. You've determined the following:
A. Parametric modeling is a top-down technique that uses variables to produce time estimates.
B. Parametric modeling is a mathematical formula that uses variables to produce cost estimates.
C. Contingency estimating is a top-down technique that uses variables to produce cost estimates.
D. Contingency estimating is a mathematical model that uses variables to produce time estimates.
- 0 Answers
- 492 Views
- I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
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
How do you communicate bad news in your team?
You are a project manager for Uncle Sam's Flag Company. Your company has designed a new line of products featuring the American flag. Due to some unique circumstances, the products are in hot demand and the project sponsor has asked you to do whatever it takes to get this project completed early and make the products available. You are to add resources to the project. The sponsor agrees to pay the additional costs since time is now a critical factor. Which technique have you used? A. Crashing B. Resource leveling C. Fast tracking D. Resource loading
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
Project selection criteria might include: A. Benefit measurement methods B. Constrained optimization analysis C. NPV calculations D. Potential market share or increased public perception
product development vs IT services
You are a project manager responsible for the construction of a new office complex. You are taking over for a project manager who recently left the company. The prior project manager completed the project charter and the scope statement for this project. In your interviews with some key stakeholders, you conclude that the scope statement was poorly constructed. You know all of the following are true except: A. It will be difficult to assess future project decisions from this scope statement. B. It will be difficult to decompose the deliverables from this scope statement. C. It will be difficult to assess cost and time estimates from this scope statement. D. It will be difficult to create an accurate WBS from this scope statement.
Waht is the level of criticallity in Project management for a Project which is started in maintenance Phase ? Which phase of Project management theory must be more focused for such kind of projects .
6 Answers ABB, BGR Energy, TCS,
As a PMP, you will be required to comply with the Project Management Professional Code of Professional Conduct. This code refers to all of the following except: A. Reporting conflicts of interest B. Reporting experience and PMP status truthfully C. Complying with stakeholder requirements D. Complying with rules and policies of foreign countries
What are the Initiation process outputs? A. Project charter, historical information, and project manager identification and assignment B. Project charter, project manager identification and assignment, constraints, and assumptions C. Project charter, historical information, constraints, and assumptions D. Project charter, constraints, and assumptions
Describe resource planning during the estimation of software project.
You do not expect the types of variances that have occurred on the project to date to continue. If BAC = 300, ETC = 275, PV= 300, AC = 200, EV = 250, and CPI = 1.25, what is the EAC? A. 240 B. 250 C. 475 D. 150
Design Patterns 
