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Correct answer is C.
It is not possible to develop response strategy for all risks. In such scenarios, it is better to accept the risk.
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PMP Knowledge Area & Agile based Quiz:
20 Questions Challenge 50 Questions ChallengeCorrect answer is D.
Expected Monitory Value (EMV) = Probability × Impact
Calculate both positive and negative values and then add them.
Project A EMV : 0.6 × $100,000 – 0.4 × $100,000 = $60,000 – $40,000 = $20,000 profit
Project B EMV : 0.5 × $200,000 – 0.5 × $200,000 = $100,000 – $100,000 = $0 profit
Project C EMV : 0.4 × $150,000 – 0.6 × $100,000 = $60,000 – $60,000 = $0 profit
Project D EMV : 0.7 × $100,000 – 0.3 × $150,000 = $70,000 – $45,000 = $25,000 profitSince EMV of Project D is the highest, therefore, the company should do Project D.
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20 Questions Challenge 50 Questions ChallengeCorrect answer is C.
No. of iterations required to complete the project = 500/25 = 20
No. of weeks required to complete the project = 20*3 = 60 weeksWorld of Project Management : Mobile App
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Correct answer is C.
No. of iterations required to complete the project = 500/25 = 20
No. of weeks required to complete the project = 20*3 = 60 weeksPMP/Agile Useful Resources : PMP/Agile Resources
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PMP Knowledge Area & Agile based Quiz:
20 Questions Challenge 50 Questions ChallengeCorrect answer is D.
Control limits indicate the acceptable range.
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PMP Knowledge Area & Agile based Quiz:
20 Questions Challenge 50 Questions ChallengeCorrect answer is C.
It is the responsibility of the Product Owner to clearly explain user stories to the team.
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PMP Knowledge Area & Agile based Quiz:
20 Questions Challenge 50 Questions ChallengeCorrect answer is C.
It is the responsibility of the Product Owner to clearly explain user stories to the team.
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Correct answer is D.
The team is following Kanban in this question. After visualizing the workflow and putting it on the whiteboard, team introduces Work in Progress (WIP) limits.
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PMP Knowledge Area & Agile based Quiz:
20 Questions Challenge 50 Questions ChallengeCorrect answer is D.
The team is following Kanban in this question. After visualizing the workflow and putting it on the whiteboard, team introduces Work in Progress (WIP) limits.
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Correct answer is D.
This situation describes the need to “compare”. The only choice that compares project results is a variance analysis.
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20 Questions Challenge 50 Questions ChallengeCorrect answer is C.
Earlier process efficiency = Value added time / Total Time = 18 / (18 + 18) = 50 %
Now process efficiency = Value added time / Total Time = 18 / (18 + 9) = 67 %
Imrpovement in Process Efficiency = 67% – 50% = 17%
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Correct answer is C.
Earlier process efficiency = Value added time / Total Time = 18 / (18 + 18) = 50 %
Now process efficiency = Value added time / Total Time = 18 / (18 + 9) = 67 %
Imrpovement in Process Efficiency = 67% – 50% = 17%
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PMP Knowledge Area & Agile based Quiz:
20 Questions Challenge 50 Questions ChallengeCorrect answer is A.
All such requests should be estimated, prioritized and added to the product backlog so that it can be included in the sprint backlog based upon priority.
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Correct answer is A.
All such requests should be estimated, prioritized and added to the product backlog so that it can be included in the sprint backlog based upon priority.
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PMP Knowledge Area & Agile based Quiz:
20 Questions Challenge 50 Questions ChallengeCorrect answer is D.
Since the velocity has increased from initial sprints and is now stable, therefore, the team has moved from the storming stage to the performing stage.
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20 Questions Challenge 50 Questions Challenge
