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KeymasterThe correct answer is B.
Know the term so you will be able to answer questions that deal with this concept. Choices A, C, and D may sound good, but they are made-up terms.
Revise Quality Management Concepts: Project Quality Management
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KeymasterThe correct answer is D.
This recent historical data (part of organizational process assets) provides the most unbiased and least subjective basis for the development of the initial project schedule.
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KeymasterThe correct answer is D.
Work not in the WBS is outside the scope of the project.
Revise Scope Management Concepts: Project Scope Management
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KeymasterThe correct answer is B.
Generally, a contractor can work for whomever they choose, so choice C is not correct. However, it would not be ethical for them to divulge confidential information about the competitor or your company. B is the best choice. Choice A would be the second choice because you would lose the contractor’s skill on the project. Choice D is not practical in most companies.
Revise Resource Management Concepts: Project Resource Management
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KeymasterThe correct answer is B.
The wording of this question can be confusing. Reserve (choice A) is mentioned in the situation, but the project manager is not dealing with reserves in the actions he is taking. Verify Scope (choice C) involves meeting with the customer to gain formal acceptance, so it cannot be the best choice. Choice D cannot be the best choice since the project manager is trying to make something good happen, not dealing with a negative impact, or threat, that may or may not occur. The project manager is working to make a positive impact on the project more likely to occur, therefore choice B is best.
Revise Risk Management Concepts: Project Risk Management
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KeymasterThe correct answer is B.
This is a wordy question; expect longer. Trends are found by comparing current to a baseline. A trend report shows areas needing attention based on the time analysis.
Revise Communication Management Concepts: Project Communication Management
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KeymasterThe correct answer is C.
EAC means the total cost of the project at completion, based on current information
Revise Cost Management Concepts: Project Cost Management
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KeymasterThe correct answer is B.
Product acceptance criteria is included in the project scope statement.
Revise Project Integration Management Concepts: Project Integration Management
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KeymasterThe correct answer is D.
A feasibility study helps in deciding if the project needs to be undertaken or not and not its team members.
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KeymasterChoice A is partially correct because the name of this engagement is leading, not supportive. Therefore D is the correct choice. In fact the engagement required at the beginning is ‘Leading’. After that it should be ‘Supportive’. Later, stakeholder need to review and sign off the work and deliverables as the work gets completed from phase to phase.
Revise Stakeholder Management Concepts: Project Stakeholder Management
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KeymasterThe correct answer is A.
Lease Cost : US$150 × 12 = US$1800
Buy cost : US$2000 + US$50 × 12 = US$2600Therefore, it is cheaper to lease.’
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KeymasterThe correct answer is A.
Did you notice the situation is occuring during completion of project work? Choices B and C occur earlier. Choice D does not deal with the quality of the end product of the project, it deals with quality problems that arise.
Revise Quality Management Concepts: Project Quality Management
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KeymasterThe correct answer is B.
All of these choices could be said to be correct. Which is the MOST correct? Activities on the critical path require more of the project manager’s attention, because delays in these activities will create a delay in the entire project. Since delay has the largest potential to hurt the project, choice B is the best answer.
Revise Schedule Management Concepts: Project Schedule Management
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KeymasterThe correct answer is C.
Differences in objectives are resolved in favor of the customer. Here the project manager has discussed the issue with the customer, and the customer has made his determination. It’s time to move on.
Revise Scope Management Concepts: Project Scope Management
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KeymasterThe correct answer is B.
Team buy in motivates the team members to perform.
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