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Which of the following best describes the identification, analysis, and ranking of risks?

Micha is the project manager for her project. Micha is now ready to complete the scope verification process so that she can move the project into the project closing process. What is the primary purpose of the scope verification process?

Sam is the project manager of a construction project in south Florida. This area of the United States is prone to hurricanes during certain parts of the year. As part of the project plan Sam and the project team acknowledge the possibility of hurricanes and the damage the hurricane could have on the project's deliverables, the schedule of the project, and the overall cost of the project. Once Sam and the project stakeholders acknowledge the risk of the hurricane they go on planning the project as if the risk is not likely to happen. What type of risk response is Sam using?

Which of the following techniques is defined in the statement given below?

"It is a technique where a project team is placed in a single location where they can work in a face-to-face environment to enhance their ability to perform as a team."

You work as a project manager for PassGuide Inc. You and your project team are identifying the project activities within the project. Which of the following are the tools and techniques that will be useful in defining the project activities?

Each correct answer represents a complete solution. Choose all that apply.

You have been assigned as the Project Manager for a new project that involves deployment of a new software application to all your organization's users. The timeline is aggressive, and this software is being deployed on your company's architecture for the first time. In addition, your project steering committee has specified an allowable budget for your project. You plan to use an outside company for this deployment. Which of the following contract types is BEST suited for you to negotiate?

Which of the following individuals strategically handles the human resource tools and assists the organization in attracting talented people for the required job?

The figure given below demonstrates the communication model for a project. What role does the component E play in the communications model?

You work as a project manager for PassGuide Inc. Your project is in a situation in which a party interested in trading an asset is unable to do so. Which of the following types of risks must have occurred in the above scenario?

You work as a project manager for PassGuide Inc. You want to calculate the minimum completion time for a project along with the possible start and finish times for the project activities. Which of the following techniques will you use to accomplish the task?

Which of the following statements describes the critical path?

You work as a project manager for PassGuide Inc. You have to achieve authorization for a project and define its objectives. In which of the following stages of a project are you working?

Fill in the blank with the appropriate term.

______describes the utilization of formal econometric techniques to evaluate the aggregate risk in a financial portfolio

Which of the following is a document that covers the work that will be done, how the work will be compensated, and any penalties for noncompliance?

Which of the following processes describes the statement below?

"It consists of the processes required to ensure that the project contains all the work required to complete the project effectively."

In which of the following contract types, the seller is reimbursed for all allowable costs for performing the contract work and receives a fixed fee payment which is calculated as a percentage of the initial estimated project costs?

Jane works as a project manager for PassGuide Inc. Various projects are running under her administration. Holly, the team leader of a project, provides Jane the performance indexes of her project. The schedule variance (SV) of her project is 15. What does this figure illustrate?

You work as a project manager for PassGuide Inc. Your project has a budget of $545,000 and is expected to last 12 months. You have identified several risk events and created risk response plans for your project. In which of the following process groups will you be able to implement risk response plans?

You have recently started a project and assembled the project team which has begun working on the project. However, recently, a project team member has expressed his concerns of having issues with one of the other project team members, and cannot get him to collaborate. What is the MOST appropriate activity for you to do in this scenario?

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?

You work as a project manager for PassGuide Inc. Management has selected the team members for your team in advance. Which of the following techniques of the Acquire project team has been used in the above scenario?

What forecasting method would your project use if your project customer requires an autoregressive moving average for performance forecasting?

You work as a project manager for PassGuide Inc. You have to determine the seller for the project. You have received proposals from five vendors and they are all very good proposals, and the value is worth the same. You have to build a method of ranking each vendor. You have allocated 35 points to experience and 15 points for all the other categories to judge the vendors. Which of the following types of source selection process is used in the above scenario?

Which of the following statements about Work Breakdown Structure (WBS) are true?

Each correct answer represents a complete solution. Choose all that apply.

You work as a project manager for PassGuide Inc. You want to calculate the probability of loss due to cost overrun. Which of the following terms describes the above metric?

You are project manager of HHK project. Examine the network diagram given below: A vendor reports that he will be four days late on the materials you'll need in order to complete Activity E. Based on the project network diagram, how many days can Activity E be delayed?

Holly is the project manager of the GHH Project. During risk identification and the subsequent risk analysis process she has identified a risk with a high probability and high impact for her project.

She and the stakeholder agree that the project management plan should be changed to eliminate the risk threat entirely. What risk response has Holly used in this instance?

Jane works as a project manager for PassGuide Inc. She is calculating the estimated activity durations for her project. She is using parameters such as duration, budget, size, weight, and complexity from a previous similar project as the basis for estimating the new project. Which of the following estimate activity duration techniques is she using in the project?

You work as a project manager for PassGuide Inc. Which of the following stages of the process group, if not performed well by you, is unlikely that the project will be successful in meeting the business needs?

Billy is the project manager of the PQW Project and she has an assigned project budget of $655,000. Currently she is 80 percent complete with the project though she was scheduled to be 100 percent done by this date. She has spent $490,000 to date and other than the project schedule, which was delayed because of a vendor, the project is going well. What should Billy report as her schedule performance index for this project?

You work as a project manager for PassGuide Inc. Which of the following techniques will you use to determine whether it would be more cost effective to produce a product or service in-house or from an outside vendor?

Which of the following techniques is used for weather forecasting?

Which of the following processes records the results of executing quality activities?

Which of the following phases utilizes the most project time and resources?

Your project uses a piece of equipment that if the temperature of the machine goes above 450 degree Fahrenheit the machine will overheat and have to be shut down for 48 hours. Should this machine overheat even once it will delay the project's end date. You work with your project to create a response that should the temperature of the machine reach 430, the machine will be paused for at least an hour to cool it down. The temperature of 430 is called what?

Mark works as a project manager for the SLQ Project. He is working with the project team and several key stakeholders to create a diagram that shows how various elements of a system interrelate and the mechanism of causation within the system. What diagramming technique will Mark use to achieve the above task?

The Project Communications Management knowledge area focuses on which of the following processes?

Each correct answer represents a complete solution. Choose all that apply.

Which of the following process groups starts after the planning phase of a project is over?

Wanda is the project manager for her organization and is creating a checklist for her project team. In this project the team will be installing electrical fixtures throughout an office building and she wants to confirm that the installations will be done correctly each time. Her goal is that the project deliverables will be of quality throughout the project installation process. In what project process will Wanda's team use the checklist?

Which one of the following best describes a quality metric?

Which of the following is a method of planning and managing projects that puts more emphasis on the resources required to execute project tasks?

You are the project manager of the NNH project. In this project you have created a contingency response that the cost performance index should be less than 0.93. The NHH project has a budget at completion of $945,000 and is 45 percent complete - though the project should be 49 percent complete. The project has spent $455,897 to reach the 45 percent complete milestone. What is the project's cost performance index?

Which of the following is NOT an output of the Control Scope process?

You work as a project manager for PassGuide Inc. You report the project details directly to the vice president and the administrator of your organization. In which of the following types of organization structures are you working?

You work as a project manager for PassGuide Inc. You are working on a project that has a budget of $805,000 and you have completed 45 percent of the project work. Due to some errors, however, you have actually spent $430,000 of the budget. Management wants to know the project's cost performance index. Which of the following values will you report?

Which of the following models is used to determine, implement, monitor, control, and maintain Information Security Management System or ISMS?

Sam is the project manager for his organization. His project is not doing well on project schedule performance, and management wants him to predict how the project schedule and cost will end. Management has asked Sam to report and forecast his project's performance based on the Delphi Method, scenario building, technology forecasting, and to forecast by analogy. What forecasting method is management asking Sam to use?

You work as a project manager for PassGuide Inc. You are performing steps to carry out and finish the project according to the measures drawn through the planning stage. Which of the following stages of the project are you working on?

Which of the following quality costs determines, assesses, or audits products or services to assure conformance to quality standards and performance requirements?

You work as a project manager for PassGuide Inc. You are working on the Plan quality process for your project. Which of the following are inputs of the Plan quality process?

Each correct answer represents a complete solution. Choose all that apply.

James works as the project manager for a software project. He and his team are on the Direct and Manage Project Execution process. All of the following are inputs of this process except for which one?

You are the project manager for the HGQ Project. You and the project team are currently working on the Identify Risks process. When does this project typically happen in a project?

Fill in the blank with the appropriate term.

The______ defines the period in which, during the development of the project scope statement, a clear and very thorough project scope statement narrative is documented.

Dawn is the project manager of the HQQ Project and she believes the project work is done. She has prepared the final project report, which includes information on the financial performance, schedule performance, and project team performance in the project. All of the following documents are used to measure the completeness of the project scope except for which one?

You work as a project manager for PassGuide Inc. You are using market risk, value at risk (VaR), historical simulation (HS), and extreme value theory (EVT) so as to analyze a portfolio and make forecasts of the likely losses that would be incurred for a variety of risks. Which of the following processes are you using to accomplish the task?

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

"It is the process of identifying the specific actions to be performed to produce the project deliverables."

The Project Communications Management knowledge area focuses on which of the following processes?

Each correct answer represents a complete solution. Choose all that apply.

You are a Project Manager in your organization who is managing a considerably huge budget project to develop new software. Considering the varied nature of your stakeholder group, you would like to put together a plan as to what information the stakeholders need, and how to provide that information. What is the document that you would need, and as part of which process group would you achieve this?

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

"It is an exchange of promises between two or more parties to do an act which is enforceable in the court of law."