A work package has been scheduled to cost $1,000 to complete and was to be finished today. As of today, the actual expenditure is $1,200 and approximately half of the work has been completed. What is the cost variance?
Which of the following are placed at selected points in the work breakdown structure (WBS) for performance measurement?
The following is a network diagram for a project.
What is the critical path for the project?
Which index is the calculated projection of cost performance that must be achieved on the remaining work to meet a specified management goal?
The following chart contains information about the tasks in a project.
Based on the chart, what is the cost performance index (CPI) for Task 2?
Which Manage Communications tool or technique focuses on identifying and managing barriers?
Which of the following is a tool and technique for activity duration estimating?
Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?
The Administer Procurements process is in which of the following Project Management Process Groups?
Payback period, return on investment, internal rate of return, discounted cash flow, and net present value are all examples of:
The process of identifying and documenting the specific actions to be performed to produce the project deliverables is known as:
What is the name of the statistical method that helps identify which factors may influence specific variables of a product or process under development or in production?
Which group is formally chartered and responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project and for recording and communicating decisions?
Which of the following is a tool or technique used in the Determine Budget process?
The milestone list is an input to which process from the Planning Process Group?
Which process determines the risks that may affect the project and documents their characteristics?
Units of measure, level of precision, level of accuracy, control thresholds, and rules of performance measurement are examples of items that are established in the:
In the Define Activities process, the schedule management plan is used to:
Team performance assessments is an output of which of the following processes?
Funding limit reconciliation is a tool and technique of which Project Cost Management process?
Which of the seven basic quality tools is especially useful for gathering attributes data while performing inspections to identify defects?
The project manager needs to review the templates in use. The templates are part of the:
Which risk response strategy is common for both positive and negative risks?
The run chart created during the Perform Quality Control process on a project is used to show the:
Quality and credibility of the qualitative risk analysis process requires that different levels of the risk’s probabilities and impacts be defined is the definition of what?
Which of the following is a tool or technique for the Plan Procurements process?
Organizational planning impacts projects by means of project prioritization based on risk, funding, and an organizations:
Which of the Perform Quality Assurance tools and techniques may enhance the creation of the work breakdown structure (WBS) to give structure to the decomposition of the scope?
Which type of project management office (PMO) supplies templates, best practices, and training to project teams?
What is a tool and technique used in the Develop Project Management Plan process?
The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline is:
Which of the following methods of performance review examines project performance over time to determine if performance is improving or deteriorating?
Which of the following consists of the detailed project scope statement and its associated WBS and WBS dictionary?
Based on the following metrics: EV=$20,000, AC=$22,000, and PV=$28,000, what is the project CV?
Which of the following is a tool or technique of the Define Activities process?
Sharing good practices introduced or implemented in similar projects in the organization and/or industry is an example of:
The Closing Process Group includes which of the following Knowledge Areas?
Which technique should a project manager use in a situation in which a collaborative approach to conflict management is not possible?
A project has a current cost performance index (CPI) of 1.25. To date, US$10,000 have been spent on performing the project work. What is the earned value of the work completed to date?
Lessons learned documentation is gathered during which of the following Project Management Process Groups?
Which of the following is a measure of the value of work completed compared to the actual cost or progress made on the project?
Which tools or techniques are used during the Close Project or Phase process?
In the Develop Project Team process, which of the following is identified as a critical factor for a project's success?
Which type of dependency is legally or contractually required or inherent in the nature of work and often involves physical limitations?
External organizations that have a special relationship with the enterprise and provide specialized expertise are called:
Which of the following is a complete set of indexed contract documentation, including the closed contract?
Which tool or technique allows a large number of ideas to be classified into groups for review and analysis?
During which process would stakeholders provide formal acceptance of the completed project scope?
Using the following data, what is the Schedule Performance Index (SPI)?
EV= $500 PV= $750 AC= $1000 BAC= $1200
Updates to organizational process assets such as procurement files, deliverable acceptances, and lessons learned documentation are typical outputs of which process?
Information collected on the status of project activities being performed to accomplish the project work is known as what?
Which of the following tools and techniques is used in the Verify Scope process?
An issue log is an input to which Project Human Resource Management process?
Which of the following is a tool and technique used in the Develop Schedule process?
The risk management team of a software project has decided that due to the lack of adequate talent in the company, development of a specific part of the system is under high risk, so the team has decided to outsource it. This is an example of which risk response?
Which of the following is an information gathering technique in Identify Risks?
The creation of an internet site to engage stakeholders on a project is an example of which type of communication?
The initial development of a Project Scope Management plan uses which technique?
An electronics firm authorizes a new project to develop a faster, cheaper, and smaller laptop after improvements in the industry and electronics technology. With which of the following strategic considerations is this project mainly concerned?
Define Activities and Estimate Activity Resources are processes in which project management Knowledge Area?
Which Knowledge Area involves identifying the people, groups, or organizations that may be impacted by or impact a project?
Which type of analysis is used as a general management technique within the Plan Procurements process?
Which standard has interrelationships to other project management disciplines such as program management and portfolio management?
Which type of control tool identifies whether or not a process has a predictable performance?
Organizational process assets, a lessons-learned database, and historical information are all inputs to which process?
What cost control technique is used to compare actual project performance to planned or expected performance?
In Project Cost Management, which input is exclusive to the Determine Budget process?
Which Perform Quality Assurance tool or technique is used to identify a problem, discover the underlying causes that lead to it, and develop preventative actions?
Which process is responsible for monitoring the status of the project and product scope and managing changes to the scope baseline?
The process to ensure that appropriate quality standards and operational definitions are used is:
The cost baseline and project funding requirements are outputs of which process in Project Cost Management?
Which process involves documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans?
Which of the following involves making information available to project stakeholders in a timely manner?
A project manager should communicate to stakeholders about resolved project issues by updating the:
What is the schedule performance index (SPI) using the following data? BAC = $100,000 PV = $50,000 AC = $80,000 EV = $40,000
Which activity involves ensuring that the composition of a projects configuration items is correct?
A purchase order for a specified item to be delivered by a specified date for a specified price is the simplest form of what type of contract?
Which type of manager is assigned by the performing organization to lead the team that is responsible for achieving the project objectives?
The degree of uncertainty an entity is willing to take on in anticipation of a reward is known as its risk:
Which of the following documents allows the project manager to assess risks that may require near term action?
When addressing roles and responsibilities,which item ensures that the staff has the skills required to complete project activities?
Which of the following project documents is an input to the Control Scope process?
The organization's perceived balance between risk taking and risk avoidance is reflected in the risk: