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Question: A project is moving from the initiation phase to the planning

phase. A set of budgets has been given by management for the whole project. Which estimation technique is used at this point?
Answer Choices: Apportion method; bottom-up estimate
Question: A project team gathered together to begin the planning process for a large office building. It is discussing estimates of each activity in the schedule. For the foundation work, the team is speaking with the three in-house construction managers to get and compare their estimates. What estimating technique is being used?
Answer choices: Bottom up estimate; three-point estimate
Question: A project manager is working on a large two-year IT project. At the end of the first year, the project is two months behind schedule because the interface programming is taking longer than planned. The sponsor will not extend the deadline or reduce the scope. What is the risk if the project manager compresses the schedule to meet the project deadline?
Answer choices: Improved quality of deliverables; increase in total cost; use of fewer resources; reduction in rework
Question: Which action can an organization take to manage technical risk when updating computer data?
Answer choices: Delegate the task to external consultants; order new computers to replace the old; arrange for a new computer to be delivered; maintain a backup file housed in a standby computer.
Question: A project was authorized as an operational necessity to repair a design flaw in the date field on a computer system that constrains the year number to two digits instead of permitting the year to be indicated with four digits. Two weeks into the project's execution, the project manager orders a quality audit. An outside consultant will perform the quality audit. Which three reasons would justify performing this audit?
Answer choices: The audit will identify problems that can be corrected before additional costs are incurred; the audit will verify that company policies are being followed; the audit will verify that the project plan is being executed as planned.
Question: The customer of a project validates that the scope has been completed for all of the required procurements. Which closure practice does this describe?
Answer choices: Deliverable completion, stage completion, phase completion, iteration completion.
Question: A project manager is attempting to estimate the costs of an upcoming project using the project's work breakdown structure. Which cost estimation technique is being used?
Answer choices: Apportionment method [parametric method, function point method
Question: A senior manager is in the process of selecting a project manager for a new initiative that is very important for the company's future. What is the key factor in choosing a project manager?
Answer choices:
The project manager should be the most technically competent person on the team
The PM works well with various levels of management
The project manager should be the functional manager of the most people on the team
The project manager must be strong enough to enforce rules on the stakeholders.
Question: The mayor of a town was recently elected with a campaign promise of a chicken in every pot. The mayor wants to buy frozen poultry to give to the town citizens in the public square. The mayor appoints two members of the town council to study the idea and make written recommendations. What is the project selection criterion being used to see if the mayor's campaign promise is feasible?
Answer choices: Operating necessity; Weighted factor; Sacred cow; Competitive necessity
Question: A local government notices that a 10-foot deep sinkhole appeared in the middle f a main road in town. The town council decides to authorize a project to fill in the sinkhole and repair the road. What is the project selection criterion being used to authorize the repair of the road?
Answer choices: Operating necessity
Weighted factor
Competitive necessity
Sacred cow
Question: During which life cycle phase does formal acceptance of the project product occur?
Answer choices: Executing
Closing
Planning
Defining
Question:To the tea's surprise, the tasks on the critical path are taking less time than scheduled. It now appears that the project completion will occur much earlier than the expected completion date. What is the impact on the schedule?
Answer choices: The project will finish early, and there is a negative schedule variance
The project will finish early, and there is a positive schedule variance
The schedule performance index is less than 1
The schedule performance index is greater than 1

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