Which statement correctly describes the value of a business case?
A. It provides the necessary information to determine if a project is worth the required investment.
B. It provides for alternative dispute resolution procedures in event of contract default.
C. It offers one of several alternative scenarios which assist in performing qualitative risk analysis.
D. It is used to help a project manager understand the scope of commercial advantages.
While preparing the project management plan on a weekly basis, the project manager indicates the intention to provide an issues report to the staff via e-mail. In which part of the plan will this type of information be included?
A. Communications management plan
B. Human resource plan
C. Quality management plan
D. Procurement management plan
Which tool or technique can a project manager use to select in advance a team member who will be crucial to the task?
A. Acquisition
B. Negotiation
C. Virtual team
D. Pre-assignment
Which of the following is a group decision-making technique?
A. Brainstorming
B. Focus groups
C. Affinity diagram
D. Plurality
A tool and technique used during the Collect Requirements process is:
A. prototypes.
B. expert judgment.
C. alternatives identification.
D. product analysis.
One of the objectives of a quality audit is to:
A. highlight the need for root cause analysis.
B. share the process documentation among stakeholders.
C. offer assistance with non-value-added activities.
D. identify all of the gaps or shortcomings.
The correct equation for schedule variance (SV) is earned value:
A. minus planned value [EV - PV].
B. minus actual cost [EV - AC].
C. divided by planned value [EV/PV],
D. divided by actual cost [EV/AC].
After Define Activities and Sequence Activities, the next process is:
A. Estimate Activity Resources.
B. Estimate Activity Durations.
C. Develop Schedule.
D. Control Schedule.
Which risk response strategy is common for both positive and negative risks?
A. Share
B. Accept
C. Mitigate
D. Transfer
Risk responses reflect an organization's perceived balance between:
A. risk taking and risk avoidance.
B. known risk and unknown risk.
C. identified risk and analyzed risk.
D. varying degrees of risk.
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