What is triple constraint triangle in project management?
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Answer / Mohd Zaheer
"The Triple Constraint Triangle (also known as the Project Management Triangle) represents the three key aspects of a project: Scope (what needs to be done), Time (when it needs to be done), and Cost (how much it will cost). Balancing these constraints is essential for successful project management"
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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.
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What is your management Style
8 Answers ABC, Hospitality, Thomson,
You are a project manager working on a new software product. Your company plans to market to businesses. The project sponsor told you that the project must be completed by September 1. The company plans to demo the new software product at a trade show in late September and therefore needs the project completed in time for the trade show. However, the sponsor has also told you that the budget is fixed at $85,000 and cannot be increased by even $10 due to overall budget cuts this year. You must complete the project within the given time frame and budget. Which of the following is the primary constraint for this project? A. Budget B. Quality C. Time D. Schedule
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You are a project manager for Laurel's theater productions. Your new project is coming in over budget and requires a cost change through the cost change control system. You know all of the following are true regarding Cost Control except: A. Performance is monitored to detect variances B. Changes are reflected in the cost baseline C. Changes are monitored and reflected in the project scope D. Changes are monitored so that inappropriate changes do not get into the cost baseline
All of the following strategies are tools and techniques of Risk Response Planning used to reduce or control risk except? A. Mitigation B. Simulation C. Avoidance D. Acceptance
Which performance measurement tells us how much more of the budget is required to finish the project? A. ETC B. EV C. AC D. EAC
As a project manager, you're responsible for maintaining and ensuring integrity for all of the following except: A. Personal integrity of others B. Project management process C. Personal integrity D. Product integrity
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