PMP Simulation Test – 1 Flashcards
You are creating a project schedule for your web site development project. Your first milestone is “Delivery of Screen Visual Designs”. What should be the duration for this milestone?
A-) Total time spent for development of all screens’ visual designs
B-) Time spent for development of last screen’s visual design
C-) Milestone duration should be asked to developers who designed screens
D-) Zero
Zero
In your project, you establish clear expectations regarding acceptable behavior by project team members. You believe that early commitment to clear guidelines will decrease misunderstanding and increase productivity. These expectations and guidelines are also known as: A-) Ground rules B-) Code of conduct C-) Communication rules D-) Team base rules
Ground rules
All of the following are types of contract EXCEPT: A-) Fixed Price B-) Cost Reimbursable C-) Reciprocal D-) Time and Material
Reciprocal
There are 3 types of contract in procurement management:
Fixed Price Contract Cost Reimbursable Contract Time and Material Contract
You are managing a project which is for manufacturing wiper rubbers for an automobile. You use control charts as a quality management tool. The optimum length of the wiper rubbers should be 40.00 cm and allowable limits are 39.95cm and 40.05cm. Following table shows the measurements made at the end of the process:
A-) Process is out of control
B-) Process is in control
C-) Number of measurements is not sufficient
D-) Control charts as a quality management tool is not appropriate for this process
Process is out of control
You know that making early scope definition is critical since the ability to influence cost is:
A-) Greatest at the middle of the project
B-) Greatest at the early stages of the project
C-) Greatest at the end of the project
D-) Changing due to environmental factors
Greatest at the early stages of the project
Your colleague Lisa, a junior project manager, is about to complete her project. Her customer requests an additional item to be delivered in the project. What would you recommend to Lisa?
A-) Deliver the additional requested item, because you will satisfy the customer
B-) Deliver the additional requested item, because customer might not accept the final product
C-) Explain the customer that requested additional item does not have a business sense
D-) Process the requirement through the integrated change control process
Process the requirement through the integrated change control process
In your project, you identified the fire risk at storage, which may cause you to lose some of the materials needed for your project. During meetings, the project team decided to acknowledge the risk and sponsor recommended creation of a contingency reserve ( with %7 of the project budget) which could be used in case of fire at storage. Which of the following strategies has been used for this risk? A-) Risk mitigation B-) Risk acceptance C-) Risk avoidance D-) Risk transfer
Risk acceptance
In order to provide required information to project stakeholders on time, you have completed Manage Communications process. Which of the following is NOT an output of the Manage Communications process: A-) Feedback from stakeholders B-) Stakeholder notifications C-) Lessons learned documentation D-) Change requests
Change requests
Due to the potential for change, the development of the project management plan is an iterative activity and is progressively elaborated throughout the project’s life cycle. Project management plan is updated in all of the following process EXCEPT: A-) Develop Project Management Plan B-) Close Project or Phase C-) Direct and Manage Project Work D-) Monitor and Control Project Work
Close Project or Phase
Your Company will subcontract one of its software projects to a vendor. Thus, you have determined the technical criteria to evaluate the vendors. This is an example of: A-) Project statement of work B-) Source selection criteria C-) Constraint D-) Risk
Source selection criteria
All of the following are strategies for positive risks or opportunities EXCEPT: A-) Exploit B-) Enhance C-) Share D-) Mitigate
Mitigate
Using appropriate interpersonal skills allow project managers to capitalize on the strengths of all team members. All of the following are interpersonal skills that a project manager uses EXCEPT: A-) Leadership B-) Influencing C-) Socializing D-) Effective decision making
Socializing
Which of the following knowledge areas include processes belonging to five Project Management Process Groups: Initiating, Planning, Executing, Monitoring & Controlling, Closing? A-) Procurement Management B-) Stakeholder Management C-) Integration Management D-) Quality Management
Integration Management
Your Company is a vacuum cleaner manufacturer. A recently produced model of the vacuum cleaner has been sold a lot and current capacity of the manufacturing lines cannot reach the demand of the market. Your company decided to create new manufacturing lines in order to produce more vacuum cleaners and assigned you as the project manager for this project. Who is the user for this project?
A-) Future users of vacuum cleaners which will be produced from new manufacturing lines
B-) Workers who will use new manufacturing lines
C-) Project Sponsor
D-) Project Team
Workers who will use new manufacturing lines
All of the following are part of Direct and Manage Project Work activities EXCEPT:
A-) Change control meetings
B-) Manage sellers and suppliers
C-) Manage stakeholders and their engagement
D-) Create project deliverables
Change control meetings
Which of the following describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products, services or results? A-) Project Statement of Work B-) Procurement Statement of Work C-) Project Scope Statement D-) Scope Baseline
Procurement Statement of Work
The procurement statement of work describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products, services or results
Project scope statement includes the description of the project scope. Project scope statement also includes: A-) Scope Baseline B-) Assumptions C-) WBS D-) WBS Dictionary
Assumptions
The Project scope management includes the description of the project scope, major deliverables, assumptions, and constraints.
You are managing a software project. A junior software developer, David, in your project informs you that his first screen development task will take 9 days, and this will exceed the planned time for this activity which was 5 days. In order to check status of other developers, you ask for the status reports and forecasts. Which process group are you in? A-) Initiating B-) Monitoring and Controlling C-) Executing D-) Planning
Executing
You are the project manager of a hydroelectric power plant construction project. The government has regulations that ensure the neighborhood is not adversely affected by the plant of your project. For your project, this regulation is considered as a/an: A-) Assumption B-) Ethical Practice C-) Activity D-) Constraint
Constraint
All the following statements regarding the creation of duration estimates are correct EXCEPT:
A-) Mathematical analyses like CPM, GERT, and PERT indicate the dates on which the activity can be scheduled, given resource limits and other constraints.
B-) Duration compression techniques, including fast-tracking and crashing, can help in decreasing the project schedule
C-) The duration of the project is the sum of the duration of all the tasks in the project.
D-) WBS classification allows for useful activity ordering and sorting.
The duration of the project is the sum of the duration of all the tasks in the project.
You are a project manager. You have completed the project. While reviewing the costs, you observed that most of the project`s budget was utilized for activities performed in the processes of one particular process group. This Process Group is:
A-) Planning Process Group
B-) Executing Process Group
C-) Monitoring and Controlling Process Group
D-) Closing Process Group
Executing Process Group
You are currently in the execution phase of your project. You will be doing all of the following EXCEPT:
A-) Expending most of the project budget
B-) Implementing planned methods and standards with the team
C-) Reviewing all prior information from the previous phase closures.
D-) Managing risks and implementing risk response activities with the team
Reviewing all prior information from the previous phase closures.
In your project, you are in the Identify Risks process and trying to determine and document the risks and their characteristics. Who should be part of this process?
A-) Project Manager and Relevant managers from customer
B-) Project Manager, project team members, subject matter experts and customer
C-) Project Manager and senior team members
D-) All relevant stakeholders
All relevant stakeholders
All of the following are constraints in Estimate Activity Durations process EXCEPT: A-) Available skilled resources B-) Contract terms C-) Contract requirements D-) Availability of information
vailability of information
Your Company has entered into a joint venture with Service Company to develop a software program. Which of the following should be cooperatively prepared by both the buyer and the seller during teaming agreement process?
A-) Contract
B-) Contract, Procurement statement of work
C-) Request for proposal
D-) Human Resource Plan
Contract, Procurement statement of work
Two engineers of your project team disagree on implementing the software on customer site. You ask these engineers to write down the advantages and disadvantages of their proposals and submit their recommendations. Then you combine solution that satisfies both engineers. Which conflict resolution technique have you used? A-) Force/Direct B-) Compromise/Reconcile C-) Collaborate/Problem Solve D-) Smooth/Accommodate
Compromise/Reconcile
All of the following regarding Procurement Negotiations is true EXCEPT:
A-) Negotiations conclude with a contract document that can be executed only by the buyer
B-) Procurement negotiations clarify the structure, requirements and other terms of the purchases
C-) Final contract language reflects all agreements reached
D-) The project manager may not be the lead negotiator on procurements
Negotiations conclude with a contract document that can be executed only by the buyer
In your project, you are in the process of determining, documenting, and managing stakeholder needs and requirements to meet project objectives. In which process are you in? A-) Project Scope Statement B-) Stakeholder Register C-) Define Scope D-) Collect Requirements
Collect Requirements
Plan Risk Management is the process of defining how to conduct risk management activities for a project. All of the following are done during Plan Risk Management EXCEPT:
A-) Plan Risk Responses
B-) Ensure that the degree, type and visibility of risk management are commensurate with both the risks and the importance of the project
C-) Establish an agreed-upon basis for evaluating risk
D-) Provide sufficient resources and time for risk management activities
Plan Risk Responses
You monitor and measure project performance regularly to determine variances from the plan. All of the following processes belong to the monitoring and controlling process group EXCEPT: A-) Validate Scope B-) Monitor Risks C-) Control Quality D-) Manage Quality
Manage Quality
All of the following are tools and techniques that can be used in Control Procurements process EXCEPT: A-) Claims administration B-) Performance reporting C-) Procurement audits D-) Inspections and audits
Procurement audits
Your Company uses Internal Rate of Return (IRR) as a project selection criteria. Following are possible projects for your organization. In this context, the best project for the company is:
A-) Project Duration: 9 months, IRR = 22%
B-) Project Duration: 5 months, IRR = 17%
C-) Project Duration: 7 months, IRR = 13%
D-) Project Duration:12 months, IRR = 9%
Project Duration: 9 months, IRR = 22%
IRR with higher values are more profitable
Your customer cannot explain the precise statement of work that needs to be done but needs staff increase to deliver works on time. In this context, which of the following is the best contract type? A-) Cost Plus Incentive Fee Contract B-) Cost-reimbursable Contract C-) Fixed-Price Contract D-) Time and Material Contract
Time and Material Contract
The customer has requested a new feature that will be resulted in increased cost and risk. Besides, this change will also require two more resources to be included in the team. Which of the following you should rely on to manage changes that will happen during the project? A-) Change Control Board B-) Perform Integrated Change Control C-) Change Requests D-) Changes on Project Plans
Perform Integrated Change Control
The performance measurement baseline (PMB) is an approved plan for the project work to which the project execution is compared, and deviations are measured for management control. PMB includes all of the following EXCEPT: A-) Scope Baseline B-) Schedule Baseline C-) Risk Baseline D-) Cost Baseline
Risk Baseline
All the following statements relating to the project management team and the project team are correct EXCEPT:
A-) The project team is responsible for activities like planning, executing, and closing.
B-) The project management team can be called as the core, executive, or leadership team.
C-) The project management team is also a part of the project team.
D-) In a small project, the project management responsibilities can be shared by team members instead of a project manager.
The project team is responsible for activities like planning, executing, and closing.
In your project, you will share confidential data of your company with the vendor. Which of the following should you do?
A-) Sign non-disclosure agreement with vendor before you share the information
B-) Sign non-disclosure agreement with vendor after you share the information
C-) Threaten the vendor that if shared information is shared, contract will be canceled
D-) Take verbal promise from vendor on not to share the confidential information
Sign non-disclosure agreement with vendor before you share the information
A plastic waste recycling project has been accomplished and helped the company in reducing the costs. This cost saving has been succeeded by adding a new step in recycling steps as a change request during the project. This new step is implemented as a/an: A-) Value adding change B-) Gold plating for satisfying customer C-) Risk response D-) Contingency or workaround plan
Value adding change
Change requests are implemented usually to add value to project deliverables.
You took over a project from a resigning project manager in your company. After talking with the team, you noticed that some features have been added to the deliverables although the customer did not request. In this context:
A-) You are happy, because customer will be satisfied
B-) You are concerned, because the project team is gold-plating
C-) You are worried, because this will bring extra cost to project
D-) You are worried, because this will cause delays in project
You are concerned, because the project team is gold-plating
In Precedence Diagramming Method (PDM), ______________ is the most commonly used and ______________ is very rarely used type of precedence relationship.
A-) Finish-to-start (FS), Start-to-start (SS)
B-) Finish-to-start (FS), Start-to-finish (SF)
C-) Finish-to-finish (FF), Start-to-finish (SF)
D-) Start-to-start (SS), Finish-to-finish (FF)
Finish-to-start (FS), Start-to-finish (SF)
You are the project manager of a new hand cream manufacturing project. In the scope of the project, there is a survey requirement. You decided use a statistical sampling to avoid the probable problems of surveying the entire population EXCEPT: A-) Very expensive B-) Provides inaccurate data C-) Takes longer time D-) Needs more resources
Provides inaccurate data
The seller`s project is undertaken on contract and you are an employee of the seller. Since you earlier worked with XYZ Factory, the buyer, you are aware of the evaluation criteria used in XYZ Factory to select sellers. You understand that this could be a potential conflict of interest situation. How do you propose to act?
A-) Do nothing and continue to work as before
B-) Take appropriate person in XYZ Factory into confidence and discuss this issue with her
C-) Disclose the evaluation criteria to your (seller) organization and help their business growth
D-) Remove yourself from the project
Take appropriate person in XYZ Factory into confidence and discuss this issue with her
You are managing a project which has a tight deadline and your deliverables should be ready within 3 months. The procurement process will take time thus you decide to sign a contract with a supplier that your company has worked with before. You accept the following risk:
A-) Possibility of scope creep
B-) Capability of the supplier in delivering the required material
C-) Collusion between the supplier and your company
D-) Not having a legal contract
Capability of the supplier in delivering the required material
Your project has a very strict deadline and must be completed in 9 months. You have knowledge about the work but the project scope statement has not been prepared yet. Your management insists on you to proceed without having approved project scope statement since time is passing. What would you do?
A-) Arrange a meeting with management and explain the consequences and problems that might occur if you start without an approved scope statement
B-) Since time is ticking, start the work from clear parts, and in the meantime try to get approval on scope statement
C-) Tell your management that you cannot work under these conditions.
D-) Write down this issue as a risk item
Arrange a meeting with management and explain the consequences and problems that might occur if you start without an approved scope statement
By performing communication requirements analysis, you are trying to determine the total number of communication channels in your project. Which of the following is correct about the number of communication channels?
A-) Directly proportional to the number of stakeholders
B-) Cannot be figured as a mathematical expression
C-) Inversely proportional to the number of stakeholders
D-) Exponentially proportional to the number of stakeholders.
Exponentially proportional to the number of stakeholders.
In order to assess the quality of your project’s delivery, you plan testing after the development of the product. You have to spend certain costs for testing. These costs are an example of: A-) Cost of Nonconformance B-) Failure Costs C-) Prevention Costs D-) Appraisal Costs
Appraisal Costs
Your project is to develop avionic systems for a helicopter. For the project success, you see that the coordination of activities with other groups and dividing your project into several phases is crucial for better management. For this purpose, you should (select the BEST answer):
A-) Create a very comprehensive project charter.
B-) Develop specific deliverables, which are approved by the sponsor.
C-) Break the project into several sub-projects.
D-) Use life cycle approach to manage the project.
Use life cycle approach to manage the project.
You are in the acquire resources process and as a project manager may need to negotiate staff assignments with all of the following EXCEPT:
A-) Functional Managers
B-) Project Sponsor
C-) Other project management teams in the organization
D-) External organizations, vendors, suppliers, contractors, etc.
Project Sponsor
In your project, cost variance is -$25.000, and Earned Value is $75.000. What is your cost performance index (CPI)? A-) 1.5 B-) 1.33 C-) 0.25 D-) 0.75
0.75
CV = EV – AC -$25.000 = 75.000 – AC AC = $100.000 CPI = EV / AC = $75.000/$100.000 = 0.75
You are in the Develop Schedule process of your project. You are evaluating scenarios in order to predict their effect, positive or negative, on project objectives. Which of the techniques do you use? A-) What-if Scenario Analysis B-) Simulation C-) Resource Optimization D-) Variance Analysis
What-if Scenario Analysis
What-if scenario analysis is the process of evaluating scenarios in order to predict their effect, positively or negatively, on project objectives.
In your project, you have just conducted a risk data quality assessment to evaluate which data about risks is useful for risk management. What is your next step?
A-) Perform a structured review of project plans and assumptions, both at the total project and detailed scope levels.
B-) Develop checklists to identify risks based on historical information and knowledge that has been accumulated from previous similar projects.
C-) Conduct planning meetings to develop the risk management plan.
D-) Conduct interviews to quantify the probability and impact of risks on project activities.
Conduct interviews to quantify the probability and impact of risks on project activities.
During the project planning phase, which of the following steps come latest compared to others? A-) Hold kick-off meeting B-) Gain formal approval of the plan C-) Develop Budget D-) Develop Schedule
Hold kick-off meeting
In your project, you compare the performance measurement baseline to actual schedule and cost performance. This is an example of: A-) Earned Value Performance B-) Variance Analysis C-) Trend Analysis D-) Critical Path Method
Earned Value Performance
Project integration management is to identify, define, combine, unify, and coordinate the various processes and project management activities. For a successful project integration management, you definitely need (select the best answer):
A-) A good communication management plan
B-) A good schedule management plan
C-) Positive stakeholders
D-) A projectized organizational stricter in your company
A good communication management plan
The performance data collected from various controlling processes, analyzed in context and integrated based on relationship across areas. All of the following are examples of performance information EXCEPT:
A-) Status of deliverables
B-) Implementation status for change requests
C-) Electronic dashboards
D-) Forecasted estimates to complete
Electronic dashboards
Mike is an analyst working in your project. When you asked him the estimation of the analysis of the first screen, he mentioned you that if customer supports him promptly without a delay, it would take 3 days, if the customer cannot give information promptly and he struggles to find relevant information, it would take 15 days. And Mike says that analysis of the first screen will be finished in 7 days most likely. What is the standard deviation for the analysis of the first screen? A-) 2 days B-) 0.67 day C-) 4 days D-) 8 days
2 days
You are the project manager of the project which has the following diagram. All units in the diagram are in weeks. Your management asks whether the project can be completed in 12 weeks. What is the project float?
A-) -4
B-) 1
C-) 0
D-) Information provided is not sufficient to calculate float.
-4
All big projects go through Initiation, Analysis, Design, Implementation, Testing, and Closure steps in your organization. Thus, a project life cycle:
A-) Defines the product life cycle
B-) Defines the project phases
C-) Contains more than one product life cycle
D-) Has deliverables that must be completed before the start date of the next phase
Defines the project phases
ll of the following are techniques used for resolving conflict EXCEPT: A-) Withdraw B-) Reconcile C-) Supervising D-) Collaboration
Supervising
What is the best time for assigning a project manager to a project?
A-) Right after the contract award
B-) When project activities will be started by team members
C-) After activity estimates have been identified
D-) While project charter is being developed before planning starts.
While project charter is being developed before planning starts.
You are expected to manage stakeholder’s expectations as a project manager. All of the following are interpersonal skills that you should apply EXCEPT: A-) Building trust B-) Resolving conflict C-) Risk-taking D-) Active listening
Risk-taking
Portfolio managers are responsible for managing: A-) Dependency on different projects B-) Operational projects only C-) Projects, programs and operations D-) Functional work and projects
Projects, programs and operations
In your project, you are in the process of obtaining seller responses, selecting a seller and awarding a contract. You can use all of the following tools and techniques in this process EXCEPT: A-) Bidder conference B-) Expert judgment C-) Advertising D-) Make-or-buy analysis
Make-or-buy analysis
All of the following are true about “Precision” and “Accuracy” EXCEPT:
A-) Precision is a measure of exactness
B-) Accuracy is an assessment of correctness
C-) Precise measurements are always accurate, and accurate measurements are always precise
D-) Project management team should determine the appropriate levels of accuracy and precision
Precise measurements are always accurate, and accurate measurements are always precise
You are in the Close Project process of your project. Which of the following you should do LAST?
A-) Final product, service or result transition
B-) Releasing project resources
C-) Organizational process assets updates
D-) Accepting deliverables
Releasing project resources
You are managing a project which is behind schedule. Which of the following is the best action in this circumstance?
A-) Postpone the delivery dates of deliverables and report this to the customer.
B-) Decrease scope to meet schedule
C-) Fast track or crash the project, and report the impact of this action on management
D-) Plan overtime for resources to meet the deadline.
Fast track or crash the project, and report the impact of this action on management
When referring to inputs for Develop Schedule process, responsibility (i.e., who will perform the work), activity type (i.e., summary or detailed), and WBS classification are belonging to: A-) Risks B-) Account identifier C-) Activity attributes D-) Activity estimations
Activity attributes
Following four tasks are in the critical path of your project. All tasks are estimated to require 10 days of effort each and $10.000 cost per task. At the end of day 25, Task A and B are complete; Task C is 20% complete, and $21.000 has already been spent. Notation Used: What is the status of the project? A-) Behind schedule, under budget B-) Ahead of schedule, under budget C-) Ahead of schedule, over budget D-) Behind schedule, over budget
Behind schedule, under budget
Schedule variance (SV)
= EV – PV = $22,000 – $25,000 = -$3,000
Since SV is negative, we are behind schedule.
Cost variance (CV)
= EV – AC = $22,000 – $21,000 = $1000
Since CV is positive, we are under budget
Your project has the following data: Budget at completion (BAC): $500.000 Cost Variance (CV): $30.000 Earned Value (EV): $150.000 Estimate to Complete (ETC): $300.000 What is to-complete performance index (TCPI) based on given data? A-) 1.167 B-) 0.857 C-) 1 D-) 1.25
1.167
CV=EV-AC
AC=EV-CV
=$150.000-$30,000
=$120,000
EAC= AC+ETC EAC = $120.000+$300.000 EAC= $420.000
TCPI=BAC-EV/EAC-AC
= ($500,000-$150,000)/($420.000-$120.000)
= $350.000/$300.00= 1.167
Which of the following documents include the code of account identifier, description of work, responsible organization, and list of schedule milestones? A-) PERT/CPM Charts B-) WBS C-) WBS Dictionary D-) Roles and Responsibilities Matrix
WBS Dictionary
Your colleague Lara is a project manager of a software development project. While you were talking to her, she said that her project’s CPI is 0.82 and SPI is 1.21. What could have happened in Lara’s project?
A-) Most experienced software developer resigned, which had not been anticipated earlier.
B-) Cost of software developers increased due to annual salary increase
C-) Project was behind schedule; Lara increased the team members to decrease the durations
D-) Project was ahead schedule; Lara released some team members to decrease budget
Project was behind schedule; Lara increased the team members to decrease the durations
Crashing is a technique used to shorten the schedule duration for the least incremental cost by adding resources. Examples of crashing include approving overtime, bringing additional resources, or paying to activities on the critical path.
Answer A does not verify the given data that CPI <1
Answer B does not verify the given data that SPI > 1
Answer D verifies the opposite of the case. (CPI >1, SPI <1)
You are a project manager in PerfectPro company, which has a balanced matrix organizational structure. In this context, all of the following are true, EXCEPT:
A-) You have a low to moderate level of authority
B-) You work full-time in a project
C-) Project resources availability is low to moderate
D-) You manage the project budget by yourself
You manage the project budget by yourself
Project budget is managed by the functional manager and the project manager together in a balanced matrix organizational structure.
As a project manager, you consider that early commitment to clear guidelines decreases misunderstandings and increases productivity. Therefore, you define guidelines such as “Way of interruption during meetings”, “who is allowed to give information about the project to senior management”, “how will be the communication between team members”. This is an example of: A-) Project Ethics B-) Code of Conduct C-) Ground Rules D-) Employee Motivation
Ground Rules
All of the following are tools and techniques that can be used in Identify Stakeholders process EXCEPT: A-) Expert Judgment B-) Stakeholder Register C-) Meetings D-) Stakeholder Analysis
Stakeholder Register
In your project, during an emergency situation, although each team member proposed different solutions, you as a project manager enforced your solution to be applied to overcome the issue. The conflict resolution technique you used is. A-) Avoid B-) Smooth C-) Collaborate D-) Forcing
Forcing
Pushing one’s viewpoint at the expense of others; offering only win-lose solutions, usually enforced through a power position to resolve an emergency.
In your project, you described the project, service or results and which of the requirements collected will be included in and excluded from the project scope. This should be done as part of: A-) Plan Scope Management B-) Collect Requirements C-) Define Scope D-) Control Scope
Define Scope
You are a project manager trying to decide whether to buy or make a testing tool for your project. If you buy it, the cost of the tool is $60,000, and the additional cost of integration is $1,000. If you build it, the tool will be developed by eight engineers in two months. The salary of each software engineer is $4,000 per month and the other related costs will be $2,000. Which option will you prefer?
A-) Buying the testing tool
B-) Building the testing tool
C-) Neither build nor buy testing tool
D-) Need more information on costs to take a further decision
Buying the testing tool
As the project manager in a construction company, you are aggregating the estimated costs of project activities to establish an authorized cost baseline. This is done as part of: A-) Control Costs B-) Estimate Costs C-) Determine Budget D-) Estimate Activity Resources
Determine Budget
The customer is not satisfied with the delivered product`s quality in a project. These failure costs which can be found by customer are also called as. A-) Quality cost B-) Cost of conformance C-) Change cost D-) Cost of poor quality
Cost of poor quality
In your project, you are trying to determine the cause and degree of difference between the baseline and actual performance. Which of the following techniques you should use? A-) Reserve analysis B-) Trend analysis C-) Root cause analysis D-) Variance analysis
Variance analysis