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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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Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible as this might be her one and only chance to secure the budget for this project due to recent cuts in special projects. You decide: A. To use analogous estimating techniques B. To use bottom-up estimating techniques C. To use top-down estimating techniques D. To use expert judgment techniques
Which of the following is displayed as an S-curve? A. Gantt B. Cost baseline C. Critical path D. PERT
What are the triple constraints? A. Time, schedules, and quality B. Time, availability, and quality C. Time, money, and schedules D. Time, money, and quality
What are the functions of project management tool?
What is one of the problems with project management software? A. The project manager manages the software instead of the project B. Project duration calculations are sometimes approximate. C. You cannot override the project management software decisions regarding schedules. D. It’s expensive and difficult to use.
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
What are the five project management process groups, in order? A. Initiation, Executing, Planning, Controlling, and Closing B. Initiation, Controlling, Planning, Executing, and Closing C. Initiation, Planning, Controlling, Executing, and Closing D. Initiation, Planning, Executing, Controlling, and Closing
What is the difference between contingency and mitigation plan?
This process applies evaluation criteria to the bids and proposals received from potential vendors: A. Solicitation B. Contract Administration C. Source Selection D. Quality Assurance
Obtaining formal project plan approval and sign-off is important for all of the following reasons except: A. Stakeholders are able to recommend a project Planning methodology to follow throughout the remaining process groups. B. Stakeholders are aware of the project details, which make them more likely to participate in future project decisions. C. Stakeholders will be more likely to cooperate. D. Stakeholders are aware of the specific details regarding project schedules, budgets, and risks.
PERT is: A. The longest path B. A weighted average technique C. A simulation technique D. Widely used in practice to determine schedule durations
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