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You are the project manager for an upcoming outdoor concert event. You're working on the procurement plan for the computer software program that will control the lighting and screen projections during the concert. You're comparing the cost of purchasing a software product to the cost of your company programmers writing a custom software program. You are engaged in which of the following?
A. Procurement planning
B. Sensitivity analysis
C. Transference of risk
D. Make or buy analysis


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More Project Management Interview Questions

All of the following are true regarding the tools and techniques of Activity Sequencing except: A. GERT uses analogous methods. B. GERT allows for loops. C. GERT is a conditional diagramming method. D. GERT allows for conditional branches.

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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

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Which of the following might require rebaselining of the cost baseline? A. Corrective action B. Revised cost estimates C. Updates to the cost management plan D. Budget updates

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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

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Your project progressed as planned up until yesterday. Suddenly, an unexpected risk event occurred. You quickly devised a response to deal with this negative risk event using which of the following tools and techniques of Risk Monitoring and Control? A. Risk management plan updates B. Workarounds C. Corrective action D. Additional risk identification

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The grouping of project elements by deliverables is known as what? A. The code of accounts B. The work package C. The work breakdown structure D. The work breakdown dictionary

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You are working on a project to develop a new website for your company. You are monitoring results of the project to determine if they comply with standards set out during the Planning processes. You are also taking steps to eliminate unsatisfactory results. This might mean rework in some cases. Which process are you in? A. Risk Monitoring and Control B. Quality Control C. Integrated Change Control E. Scope Change Control

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Your procurement department has obtained independent estimates. The vendor's proposal is substantially different than the independent estimates. All of the following are true except: A. The SOW was not detailed enough. B. The vendor failed to respond according to the terms of the proposal. C. The vendor failed to respond to all items in the SOW. D. The vendor failed to respond to all items in the contract.

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You have been assigned to a project that will allow job seekers to fill out applications and submit them via the company website. You report to the VP of human resources. You are also responsible for screening applications for the information technology division and setting up interviews. The project coordinator has asked for the latest version of your changes to the online application page for his review. Which organizational structure do you work in? A. Functional organization B. Weak matrix organization C. Projectized organization D. Balanced matrix organization

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You are the project manager for a web development project. You hold regular project status meetings and publish status reports on a timely basis. You know that communication is one of your most important functions. As such, all of the following are true except: A. Senders are responsible for sending clear, concise, complete messages. B. Receivers are responsible for understanding the message. C. Communication can be vertical or horizontal or both. D. Effective communication techniques include making eye contact, nodding, and asking clarifying questions.

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What are the different kinds of project management tools you worked with?

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You are a project manager for Candy Works candy factory. Your project involves reporting information from the newly installed candy-counting machine to the financial system. This will give executives the ability to see production run counts at any rime during the day. The project sponsor has promised you a bonus if you get this project completed two weeks sooner than the scheduled project end date. The bonus will come in handy on your trip to the Bahamas planned for later this spring. You've got a few remaining project activities to wrap up before you can close out the project. Which of the following is the most appropriate response? A. You tell the sponsor the project is complete and treat the remaining activities as though they're problems that came up after project closure so that you can still get the bonus. B. You tell the sponsor the remaining activities are outside the scope of the project so the project really is completed and collect your bonus. C. You tell the sponsor the stakeholders added these requirements after the project was well under way and you never agreed to include them in the project so the project really is complete, and you collect your bonus. D. You tell the sponsor you aren't going to make the two-week early completion date as there are remaining activities to finish up.

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