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A project manager is about to start on a new project. Where would he find details about his authority level in the project?A.Organizational Process AssetsB.The Project CharterC.The PMBOKD.The Scope statementCorrect Answer: BSection: (none)ExplanationExplanation/Reference:B - The project charter contains details of the assigned project manager and authority level. It provides the project manager the authority to apply organizationalresources to project activities. [ PMBOK 5th edition , Page 71] [Project Integration ManagQUESTION 34Which of the following is not true about the WBS?A.The project team must be involved in developing the WBSB.The WBS must represent all product and project work.C.WBS should focus on activities rather than deliverablesD.WBS is usually represented in a hierarchical fashionCorrect Answer: CSection: (none)ExplanationExplanation/Reference:C - The WBS puts a greater focus on the deliverables than on actual activities. [ PMBOK 5th edition , Page 132] [Project Scope Management] Total TotalQUESTION 35Which of the following is accurate regarding the Estimate Activity Resources process?A.It produces project resource calendars as the outputB.It determines dependencies that may require a lead or lag to define the relationshipC.This process is coordinated independent of the Estimate Cost processD.It involves determining what and how many resources will be used
Correct Answer: DSection: (none)ExplanationExplanation/Reference:D - The Estimate Activity Resources process determines what and how many resources will be used. The resource calendars are inputs to this process and thisprocess is closely coordinated with the Estimate Costs process. Activity leads and lags are not deQUESTION 36In a project, Activity A has a duration of 4 days and begins on the morning of Monday the 4th. The successor Activity, B, has a Finish-to-Start (FS) relationship withA. The Finish-to-Start relationship has 2 days of lag, and Activity B has a duration of 3 days. If Saturday and Sunday are non working days, which of the followingstatements is true?A.Total elapsed days (completing both activities) is 7 daysB.Activity B will be completed by the end of day on Thursday, 14thC.Activity B will be completed by the end of day on Friday, 15th.D.Activity B will be completed by the end of day on Tuesday, 12thCorrect Answer: BSection: (none)ExplanationExplanation/Reference:B - Activity A has a duration of 4 days and completes by end of the day on Thursday, 7th. There is a 2 day lag and since Saturday and Sunday are non-working,Activity B can begin only on Tuesday, 12th. Activity B has a duration of 3 days and completes byQUESTION 37What is the BEST way to make an accurate forecasting of ETC?A.EAC - ACB.BAC – EVC.Manual forecasting of cost of the remaining work.D.(BAC – EV)/CPICorrect Answer: CSection: (none)ExplanationExplanation/Reference:
C - Manual forecasting of costs for remaining work is generally the best means of generating an accurate forecast. [ PMBOK 5th edition , Page 220] [Project CostManagement] Total TotalQUESTION 38Which of the following is not a valid instance of Risk Transference?