PMI PMP-Project Management Professional Practice Exam Q. 1591 to 1600
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Set of 10 Questions
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Q. 1591: The Project Manager is creating an estimate for building a cellular infrastructure base station. It is something that is new to the Project Manager and his team. They decide to create a bottom-up estimate. All of the following are advantages of this type of estimate except?
A. It provides supporting detail of the estimate
B. It provides team buy-in when they help create it
C. It takes a great amount of time to create
D. There is a greater degree of accuracy because of the detail it was created at
Section: Mix Questions
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Q. 1592: The project planning for the trade show is progressing on schedule. The Project Manager and the team are meeting to begin cost estimating. The sponsor has said that estimates must be very accurate. Which of the following estimating techniques will provide the most accuracy?
A. Cost estimating
B. Bottom-up estimating
C. Analogous estimating
D. Parametric estimating
Section: Mix Questions
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Q. 1593: The Project Manager is creating an estimate for building a company WAN (wide area network). It is something that is new to the Project Manager and his team, and they want to make sure all the work of the project is covered. They decide to create a bottom-up estimate. All of the following are advantages of this type of estimate except:
A. It provides supporting detail of the estimate
B. It provides team buy-in when they help create it
C. It takes a great amount of time to create
D. It has a greater degree of accuracy because of the detail at which it was created
Section: Mix Questions
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Q. 1594: The project planning is progressing on schedule. The Project Manager and the team meet regularly and are ready to begin cost estimating. The customer needs an estimate as soon as possible. What estimating method should the team use?
A. Cost estimating
B. Parametric estimating
C. Bottom-up estimating
D. Analogous estimating
Section: Mix Questions
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Q. 1595: Calculate the variance for the following: Pessimistic=20, Optimistic=10, Realistic=17.
A. 2.78
B. 5
C. Not enough information
D. 5.67
Section: Mix Questions
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Q. 1596: The IT initiative project is on schedule and under budget. The customer is pleased, but would like a scope change. As a result, a new team is brought in to help the existing team implement this scope change. Before the team arrives, senior management would like to see where the project stands. Which of the following do you show them?
A. Milestone chart
B. Gantt chart
C. Work breakdown structure
D. Network diagram
Section: Mix Questions
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Q. 1597: Crosswind Custom Homes is building a customer’s dream house. However, rain has delayed the finish by two weeks. The Project Manager evaluates the schedule and determines that by crashing, the project could be placed back on schedule. After discussing this with senior management, the Project Manager has decided to crash the project. By doing so, the Project Manager is adding what to the project?
A. Time change
B. Responsibility
C. Cost change
D. Scope change
Section: Mix Questions
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Q. 1598: Project A has a NPV of $275K US over 2.5 years. Project B has an IRR of 3.2%. Project C has a BCR of 0.89:1. Project D has four people on it and is encountering scope creep. Which of the following projects would stand the greatest chance of getting canceled?
A. Project A
B. Project B
C. Project C
D. Project D
Section: Mix Questions
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Q. 1599: You are the Project Manager of an engineering project for a cellular base station with a one-year schedule as defined by the project management plan. You need a spectrum analyzer. During the procurement process, you have decided to rent this equipment. The rental cost is $506 per month.
What type of cost is this?
A. Indirect
B. Direct
C. Fixed
D. Variable
Section: Mix Questions
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Q. 1600: Which of the following is an example of fixed formula status reporting?
A. Getting status updates from the project team
B. PV multiplied by % complete
C. The Project Manager updating the status reports quantitatively
D. 0%/100% rule
Section: Mix Questions
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