The primary purpose for documenting lessons learned during project closure is to:
A. Provide a historical resource for future projects of a similar nature.
B. Complete the post implementation/closeout report.
C. Identify post project needs for functional teams.
D. Report project deficiencies to the sponsor.
While working on a project, an unforeseen event arises that impacts a project objective. Which of the following should be updated as a result?
A. Stakeholder register
B. Issue log
C. Risk register
D. Change log
While working on a project, a workaround is implemented to deal with an unforeseen event. Which of the following should be the NEXT step?
A. Continue with the project as planned
B. Update the risk register
C. Update the project management plan with information about the workaround
D. Assess the action taken to determine additional impacts to the project
Objectives contained in the charter should resolve the:
A. Scope statement
B. Assumptions
C. Risks
D. Problem statement
Upper and lower control limits could be set at a standard deviation of three. Which of the following represents the associated confidence level?
A. 68%
B. 95%
C. 99.7%
D. 99.999%
When looking for solutions, which of the following procurement documents should be used?
A. CDM
B. CCM
C. RFI
D. RFQ
A project manager is using historical data from multiple projects to estimate activity durations. Which of the following network diagrams would BEST allow for the utilization of the information available?
A. CPM
B. GERT
C. CCM
D. PERT
Determining how to communicate general project information with a globally dispersed team has created scheduling challenges. Which of the following would BEST remedy the situation?
A. Provide a written forum that allows for asynchronous participation
B. Conduct a meeting at a time where everyone is inconvenienced
C. Schedule a meeting when the majority of the team is available
D. Establish a conference call with all team members
A project needs software. After analyzing the choices, it is determined that if made in- house, it will cost $100,000. However, if the software is purchased, the cost would be $25,000. After reviewing the successful implementations in the past, if made in-house, there is a 20% chance that $30,000 would be spent on bug fixes. If the software is purchased, there is a 70% chance that $200,000 in training and customizations would be required. Which of the following reflects the expected monetary value of purchasing the software?
A. $106,000
B. $157,500
C. $165,000
D. $225,000
The MOST detailed component of the WBS is known as:
A. An activity
B. Acost account
C. Asub-phase
D. Awork package
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