Activity cost estimates are quantitative assessments of the probable costs required to:
A. Create WBS.
B. complete project work.
C. calculate costs.
D. Develop Project Management Plan.
The item that provides more detailed descriptions of the components in the work breakdown structure (WB5) is called a WBS:
A. dictionary.
B. chart.
C. report.
D. register.
How should a stakeholder who is classified as high power and low interest be grouped in a power/interest grid during stakeholder analysis?
A. Keep satisfied
B. Keep informed
C. Manage closely
D. Monitor
The project has a current cost performance index of 0.80. Assuming this performance will continue, the new estimate at completion is $1000. What was the original budget at completion for the project?
A. $800
B. $1000
C. $1250
D. $1800
Who determines which dependencies are mandatory during the Sequence Activities process?
A. Project manager
B. External stakeholders
C. Internal stakeholders
D. Project team
Risk exists the moment that a project is:
A. planned.
B. conceived.
C. chartered.
D. executed.
Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?
A. Cost Plus Award Fee Contract (CPAF)
B. Firm-Fixed -Price Contract (FFP)
C. Time and Material Contract (TandM)
D. Cost Plus Incentive Fee Contract (CPIF)
The process of identifying specific actions to be performed to produce project deliverables is:
A. Define Activities.
B. Create WBS.
C. Define Scope.
D. Develop Schedule.
What is project management?
A. A logical grouping of project management inputs, outputs, tools, and techniques
B. Applying knowledge, skills, tools, and techniques to project activities to meet the project requirements
C. Launching a process that can result in the authorization of a new project
D. A formal, approved document that defines how the project is executed, monitored, and controlled
Resource calendars are included in the:
A. staffing management plan.
B. work breakdown structure (WBS).
C. project communications plan.
D. project charter.
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