Which of the following processes assess the likelihood of risk occurrences and their consequences using numeric probability assignments?
A. Qualitative Risk Analysis
B. Risk Identification
C. Quantitative Risk Analysis
D. Risk Response Planning
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The VP of marketing approaches you and requests that you change the visitor logon screen on the company’s website to include a username with at least six characters. This is considered: A. Project initiation B. Ongoing operations C. A project D. Project execution
What are the inputs to the Initiation process? A. Product description, strategic plan, project selection criteria, and historical information B. Product description, strategic plan, project overview document, and historical information C. Strategic plan, project overview document, feasibility study, and historical information D. Product description, strategic plan, constraints, and assumptions
How do you handle conflicts in the Team Management ?
You are a project manager for Swirling Seas Cruises food division. You're considering two different projects regarding food services on the cruise lines. The initial cost of Project Fish'n for Chips will be $800,000 with expected cash inflows of $300,000 per quarter. Project Picnic's payback period is six months. Which project should you recommend? A. Project Fish'n for Chips because its payback period is two months shorter than Project Picnic’s B. Project Fish'n for Chips because the costs on Project Picnic are unknown C. Project Picnic because Project Fish'n for Chips' payback period is four months longer than Project Picnic’s D. Project Picnic because Project Fish'n for Chips' payback period is two months longer than Project Picnic's
You are a fabulous project manager, and your team thinks highly of you. You are well respected by the stakeholders, management ream, and project team. When you make decisions, others follow your lead as a result of which of the following? A. Referent power B. Expert power C. Legitimate power D. Punishment power
Your organization regularly uses a tool and technique of the Contract Closeout process to identify lessons learned, including the successes and failures, which will benefit future activity on this project and on future projects. Which tool and technique arc they using? A. Product documentation inspection B. Contract process review C. Performance measurement review D. Procurement audit
You have been asked to submit a proposal for a project that has been put out for bid. First, you attend the bidders conference to ask questions of the buyers and to hear the questions some of the other bidders will ask. Which of the following is true? A. Bidders conferences are a tool and technique of the Source Selection process. B. Bidders conferences are an output of the Source Selection process. C. Bidders conferences are an output of the Solicitation process. D. Bidders conferences are a tool and technique of the Solicitation process.
All of the following are true regarding Pareto diagrams and Pareto theory except: A. Pareto diagrams are histograms. B. Pareto diagrams rank order factors. C. A small number of causes create the majority of problems. D. Pareto diagrams use two variables.
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 project was just completed, accepted, and closed. As is customary for your organization, you conduct a post-implementation audit. The purpose of this audit includes all of the following except: A. Evaluating project goals and comparing them to project product B. Reviewing successes and failures C. Documenting the acceptance of the work results D. Documenting possible improvements for future projects
Name the ethical code you'll be required to adhere to as a PMP. A. Project Management Policy and Ethics Guide B. Project Management Professional Standards and Ethics C. Project Management Code of Professional Ethics D. Project Management Professional Code of Professional Conduct
What is the concept of project management?
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