Breaking down project activities into smaller components in order to obtain a more accurate cost estimate is called: A. Work breakdown structureB. Analogous estimatingC. DecompositionD. Bottom-up estimating Show Answer D. Bottom-up estimating
PMP Exam Set G – Q60
Most project management software packages use a method of constructing a project schedule network diagram known as: A. Activity Diagramming MethodB. Precedence Diagramming MethodC. Project Diagramming MethodD. Critical Diagramming Method Show Answer B. Precedence Diagramming Method
PMP Exam Set G – Q59
A project manager included contingency reserves and management reserves in the total budget of a high-risk project. He also made certain earned value measurement calculations. Which of the following is incorrect? A. Contingency reserves are not part of the project cost baseline.B. Management reserves are not part of the project cost baseline.C. The project manager
PMP Exam Set G – Q58
Peter is managing a software development project. The buyer of the product is an external entity. During the execution of the project, Peter finds out that a new operations manager has been hired in the customer organization. The new manager is now a key stakeholder of the project. Which of the following documents is least
PMP Exam Set G – Q57
Your manager is presenting a status report of all projects being run in his division. He reports that all projects are showing a positive CV. However, you know that your status reports for the last several weeks have been reporting a negative CV. What do you do? A. Do nothing.B. Offer to review all your
PMP Exam Set G – Q56
As part of a strategy to handle negative risk, a project manager decided to adopt less complex processes, conduct more tests and choose a more stable supplier. What strategy would this be classified as? A. AcceptanceB. TransferenceC. MitigationD. Avoidance Show Answer C. Mitigation
PMP Exam Set G – Q55
You are planning a storage device migration in a data center. During this phase of the project, who should be controlling the project? A. Project ManagerB. SME’sC. SponsorD. Management Show Answer A. Project Manager
PMP Exam Set G – Q57
Your manager is presenting a status report of all projects being run in his division. He reports that all projects are showing a positive CV. However, you know that your status reports for the last several weeks have been reporting a negative CV. What do you do? A. Do nothing.B. Offer to review all your
PMP Exam Set G – Q54
Your most recent quality control chart shows that all data points measured fall within the control range. However, there is a group of 8 consecutive data points sitting above the mean. What do you do? A. Do nothing. The control processes are working as designed.B. Change the standard deviation by +/- 1.C. Tell the stakeholders
PMP Exam Set G – Q53
In a multi-phase project, the procurement team decided to close the procurements applicable to a particular phase of the project. What happens to unresolved claims? A. Unresolved claims are usually resolved at the end of all phases of the project.B. Unresolved claims are also closed when the procurements for that phase are closed.C. Unresolved claims