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.
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What is the difference between risk impact and risk probability?
Your project involves the research and development of a new food additive. You’re ready to release the product to your customer when you discover that a minor reaction might occur in people with certain conditions. The reactions to date have been very minor, and no known long-lasting side effects have been noted. As project manager you should: A. Do nothing because the reactions are so minor that very few people will be affected. B. Inform the customer that you've discovered this condition and tell them you'll research it further to determine the impacts. C. Inform your customer that there is no problem with the additive release the product to them. D. Tell the customer you'll correct the reaction problems in the next batch but you'll release the first batch of product to them now to begin using.
This tool and technique of Quality Control keeps errors from reaching the customer: A. Inspection B. Prevention C. Corrective action D. Performance measurement
Explain on the project management life cycle process?
how many chart of a/cs can assign to company code?
What will you do, if your subordinate has a problem with you? How will you deal with this situation
HI everyone, I am commerce graduate, completed MBA Finance in Distinction. I would like to do FI/CO. Could any one of you please suggest, which is the best instistute for FI/CO training in Hyderabad. Compulearn, Reliance, or other. Thanks in advance Rupa Gupta
What is one of the most important skills a project manager can have? A. Negotiation skills B. Influencing skills C. Communication skills D. Problem-solving skills
You are a project manager for Snow Fun, a chain of retail shops specializing in winter sports gear and clothing. You’ve been working on contract with Snow Fun and are ready to move on to your next assignment. The customer has signed off on the project, formal acceptance notices have been distributed, and project closure procedures have been performed. What type of project ending is this? A. Extinction B. Starvation C. Integration D. Addition
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
All of the following are true regarding Ishikawa diagrams in the Quality Planning process except: A. They are also called cause-and-effect diagrams. B. They are also called fishbone diagrams. C. They are a tool and technique of this process. D. They are an output of this process.
You’ve just accepted a new project management assignment. The project is for a customer in a foreign country. You've requested a business analyst and two other project team members from the country the customer resides in to participate on your team. The remaining team members are from your country. You know that the best way to ensure the project team doesn’t get bogged down in cultural differences and hold up project progress is to: A. Perform team-building exercises using videoconferencing to allow team members to get to know each other and get to the performing stage of team development as soon as possible. B. Provide diversity training for all the team members to make them aware of cultural differences and teach them to function effectively as a team despite these differences. C. Establish your role as project manager as the first order of business and require compliance to company policies. D. Require project team members to read and sign the organization’s diversity policy.