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NEW QUESTION 555
You are leading a team to recommend an equitable reward and recognition system for project managers.
Before finalizing the plan, you want to ensure that executives understand the basic objective of reward systems. This objective is to______________
- A. Motivate project managers to work toward common objectives and goals as defined by the company
- B. Be comparable with the award system established for functional managers to indicate parity and to show the importance of project management to the company
- C. Make the link between project performance and reward clear, explicit, and achievable
- D. Attract people to join the organization's project management career path
Answer: C
Explanation:
Section: Mix Questions
Explanation:
Reward and recognition systems are formal management actions that provide an incentive to behave in a particular way, usually with respect to achieving certain goals. Such systems are described in the staffing management plan. A best practice is to give the team recognition throughout the life cycle.
NEW QUESTION 556
Which of the following forecasting methods uses historical data as the basis for estimating future outcomes?
- A. Econometric
- B. Simulation
- C. Judgmental
- D. Time series
Answer: D
NEW QUESTION 557
In a construction project schedule, what is the logical relationship between the delivery of the concrete materials and the pouring of concrete?
- A. Finish-to-start (FS)
- B. Start-to-finish (SF)
- C. Finish-to-finish (FF)
- D. Start-to-start (SS)
Answer: A
Explanation:
Section: Planning
NEW QUESTION 558
Match the project situation on the left to the meeting on the right where the situation could occur.
Answer:
Explanation:
Explanation
NEW QUESTION 559
Which technique is used in Perform Quantitative Risk Analysis?
- A. Sensitivity analysis
- B. Risk data quality assessment
- C. Risk categorization
- D. Probability and impact matrix
Answer: A
NEW QUESTION 560
Your project is proceeding according to schedule. You have just learned that a new regulatory requirement will cause a change in one of the project's performance specifications. To ensure that this change is incorporated into the project management plan, you should______________.
- A. Change the WBS, project schedule, and project plan to reflect the new requirement
- B. Call a meeting of the change control board
- C. Prepare a change request
- D. Immediately inform all affected stakeholders of the new approach to take on the project
Answer: C
Explanation:
Section: Mix Questions
Explanation:
The change request should detail the nature of the change and its effect on the project. Documentation is critical to provide a record of the change and who approved it, in case differences of opinion arise later. A change request is an output from the direct and manage project work process and an input to the perform integrated change control process.
NEW QUESTION 561
While processes in the Planning Process Group seek to collect feedback and define project documents to guide project work, organizational procedures dictate when the project planning:
- A. ends.
- B. delays.
- C. begins.
- D. deviates.
Answer: A
Explanation:
Section: Monitoring and Controlling
NEW QUESTION 562
The purpose of a quality audit includes all of the following except which one?
- A. To determine which project processes are inefficient or ineffective
- B. To examine the work of the project and formally accept the work results
- C. To improve processes and reduce the cost of quality
- D. To improve processes and increase the percentage of product or service acceptance
Answer: B
Explanation:
The acceptance of work results happens later during the Scope Verification process, not during Perform Quality Assurance.
NEW QUESTION 563
Which of the following is developed from the project scope baseline and defines only that portion of the project scope that is to be included within a related contract?
- A. Work breakdown structure (WBS)
- B. Project schedule
- C. Procurement statement of work
- D. Product scope description
Answer: C
NEW QUESTION 564
You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You've been told that it is culturally unacceptable to eat certain foods in this country. You know that one of these foods happens to be a secret ingredient in the pizza sauce. What is the most appropriate response?
- A. Don't tell the potential partners about the ingredient because the sauce they'll be using in the stores is shipped to them already prepared in cans. They won't know the ingredient is in the sauce.
- B. Inform the potential partners that you suspect there might be a forbidden ingredient in the sauce, and you'll request an investigation to determine whether it exists in the sauce.
- C. Inform the potential partners that a forbidden ingredient exists in the sauce and work with them to come up with another ingredient to replace that one.
- D. Inform the potential partners that your sauce recipe is secret, but you're certain there are no forbidden ingredients in it.
Answer: C
Explanation:
The most appropriate response is to inform the potential partners that an ingredient exists in the sauce that is not acceptable and decide to come up with a solution to the problem. As a professional, you're required to be honest in your reporting. Not telling them, or stalling by promising an investigation, is not an honest response.
NEW QUESTION 565
ADM is an activity-on-arrow method. In this method, a dummy activity:
- A. Identifies customer deliverables dates.
- B. Shows slack.
- C. Denotes any dependency relationship.
- D. Identifies customer team meeting dates.
- E. Denotes a critical path relationship.
Answer: C
NEW QUESTION 566
Midway through a project that is ahead of schedule a project manager calculates that the cost performance index (CPI) is 1 15 The management reserve is sufficient to handle any unforeseen situations that may impact the project budget.
Based on this what can the project manager report about the estimate at completion (EAC)?
- A. The EAC is equal to the CPI plus the BAC
- B. The EAC is lower than the BAC
- C. The EAC is higher than the budget at completion (BAC)
- D. The EAC and the BAC will match if the project is delivered on time.
Answer: B
NEW QUESTION 567
Inputs to the Plan Risk Management process include the:
- A. cost management plan.
- B. risk register.
- C. activity list,
- D. risk management plan,
Answer: B
NEW QUESTION 568
When are deliverables accepted or not accepted?
- A. In the contract closure process
- B. As an output of the scope verification process
- C. When the project is closing
- D. When the project is initiated
Answer: B
NEW QUESTION 569
Quality metrics are an output of which process?
- A. Perform Quality Assurance
- B. Plan Quality
- C. Perform Quality Control
- D. Perform Qualitative Risk Analysis
Answer: B
NEW QUESTION 570
Which of the following is a key input to define activities?
- A. Schedule management plan
- B. Project management plan
- C. Project scope management plan
- D. Project management software
Answer: A
Explanation:
Section: Mix Questions
Explanation:
While there are a number of inputs to define activities, the schedule management plan is a key input. It shows the level of detail necessary to manage the work.
NEW QUESTION 571
Project report, project record, and project presentation are outputs of which of the following process?
- A. Performance report
- B. Manage stakeholders
- C. Information distribution
- D. Communication planning
Answer: C
NEW QUESTION 572
You are approximately 30% through your project and the sponsor wants a forecast of the final budget based on what has already been spent. You create an S curve chart display of what kind of performance report:
- A. Cost distribution curve
- B. Trend analysis
- C. Earned value
- D. Variance analysis
Answer: B
NEW QUESTION 573
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