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Questions # 31:

In which of the following processes are the results of executing the quality activities recorded and monitored in order to assess performance and recommend necessary changes?

Options:

A.

Perform Quality Control

B.

Plan Quality

C.

Control Cost

D.

Perform Quality Assurance

Expert Solution
Questions # 32:

You have been assigned as the Project Manager for a new project that involves development of a new interface for your existing time management system. You know that developers are available in your organization, and would like to use them. However, your program manager thinks that an outside company needs to be engaged to complete this development. Which of the following will help you to convince your project manager to use the internal resources?

Options:

A.

Expert Judgment

B.

Make or buy analysis

C.

Survey Questionnaire

D.

Issue log

Expert Solution
Questions # 33:

Which of the following is an input to the Identify Risk process?

Options:

A.

The project scope statement

B.

Residual risks

C.

Return on investment

D.

Referent power

Expert Solution
Questions # 34:

Rick is the project manager for TTM project. He is in the process of procuring services from vendors. He makes a contract with a vendor in which he precisely specify the services to be procured, and any changes to the procurement specification will increase the costs to the buyer.

Which type of contract is this?

Options:

A.

Fixed Price Incentive Fee

B.

Cost Plus Fixed Fee Contract

C.

Firm Fixed Price

D.

Fixed Price with Economic Price Adjustment

Expert Solution
Questions # 35:

You work as a project manager for PassGuide Inc. You have to work on an agreement that creates and defines obligations between two or more parties. Which of the following types of agreement will you work on?

Options:

A.

Service level agreement

B.

NDA

C.

Statement of work

D.

Contract

Expert Solution
Questions # 36:

You work as a project manager for PassGuide Inc. You are performing a task to generate a hierarchical list of resources related by function and resource type that is used to facilitate planning and controlling of project work. Which of the following components of project management will you use to accomplish the above task?

Options:

A.

PERT chart

B.

WBS

C.

RBS

D.

Gantt chart

Expert Solution
Questions # 37:

You work as a project manager for PassGuide Inc. You want to include a budget contingency to accommodate the risk of incurring unidentifiable but normally occurring costs within the defined scope. Which of the following processes will help you to accomplish the task?

Options:

A.

Cost controlling

B.

Cost baselining

C.

Cost budgeting

D.

Cost estimation

Expert Solution
Questions # 38:

Which of the following techniques is described in the statement below?

"It evaluates the abstract early start and finish dates and late start and finish dates for all activities devoid of any resource limitations by performing a forward and backward pass analysis through the schedule network."

Options:

A.

Resource utilization

B.

Resource leveling heuristic

C.

Critical path method

D.

Critical Chain method

Expert Solution
Questions # 39:

You work as a project manager for PassGuide Inc. Your project has a schedule variance of -$35,500 and a schedule performance index of 0.92. What do these values mean in regard to project performance?

Options:

A.

The project is performing well.

B.

The project has a planned value of $600,000.

C.

The project is likely to be late and over budget.

D.

The project is eight percent off schedule and has a considerable schedule variance.

Expert Solution
Questions # 40:

Fill in the blank with the appropriate term.

_______emphasizes on bringing out the best in a team to make sure that self development, positive communication, leadership skills, and the skill to work together as a team to resolve problems are built within the team.

Options:

Expert Solution
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