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ISEB-PM1 Exam Dumps : BCS Foundation Certificate in IS Project Management

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BCS Foundation Certificate in IS Project Management Questions and Answers

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Question 1

Parametric Estimating is done as a part of which process:

Options:

A.

Estimate Activity Durations

B.

Sequence Activities

C.

Develop Schedule

D.

Estimate Activity Resources

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Question 2

You are a project manager of ABC organization. You are estimating the project in initiation phase.

What level of accuracy you can expect?

Options:

A.

-75 percent to +75 percent

B.

-25 percent to +25 percent

C.

-50 percent to +50 percent

D.

-50 percent to +100 percent

Question 3

You are negotiating with a seller. Time is of the essence but you have a limited budget, and the seller knows this.

What is your BEST negotiating strategy under these circumstances?

Options:

A.

Focus the negotiation on seller's profit margin in order to decrease the project cost.

B.

Negotiate to get the work done even sooner than necessary in order to add a reserve.

C.

Negotiate identified risks.

D.

Arrange to reschedule the negotiation until you can acquire information of which the seller is not aware.

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