PMI PMP-Project Management Professional Practice Exam Q. 971 to 980
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Set of 10 Questions
Correct Answer has been Highlighted in RED
Q. 971: The process of identifying and documenting project roles. Responsibilities, required skills, and reporting relationships and creating a staffing management plan is known as:
A. Develop Project Team.
B. Manage Project Team.
C. Acquire Project Team.
D. Plan Human Resource Management.
Section: Planning
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Q. 972: What defines the portion of work included in a contract for items being purchased or acquired?
A. Procurement management plan
B. Evaluation criteria
C. Work Breakdown Structure (WBS)
D. Contract Statement of Work (SOW)
Section: Planning
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Q. 973: Which stakeholder approves a project’s result?
A. Customer
B. Sponsor
C. Seller
D. Functional manager
Section: Initiation
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Q. 974: The iterative process of increasing the level of detail in a project management plan as greater amounts of information become available is known as:
A. Continuous improvement.
B. Predictive planning.
C. Progressive Elaboration.
D. Quality assurance.
Section: Executing
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Q. 975: To meet regulatory requirements, you need to crash your project schedule. Your first step is to compute:
A. The cost and time slope for each critical activity that can be expedited
B. The cost of additional resources to be added to the project’s critical path
C. The time saved in the overall schedule when tasks are expedited on the critical path
D. Three probabilistic time estimates of PERT for each critical path activity
Section: Mix Questions
Justification in favor of the correct answer:
Slope = (Crash cost – Normal cost)/(Crash time – Normal time). This calculation shows the cost per day of crashing the project. The slope is negative to indicate that as the time required for a project or task decreases. the cost increases. If the costs and times are the same regardless of whether they are crashed or normal, the activity cannot be expedited.
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Q. 976: You are project manager for a systems integration effort and need to procure the hardware components from external sources. Your subcontracts administrator has told you to prepare a product description, which is referenced in a:
A. Project statement of work
B. Contract scope statement
C. Request for proposal
D. Contract
Section: Mix Questions
Justification in favor of the correct answer:
The project statement of work describes in a narrative form the products, services, or results that the project will deliver. It references the product scope description as well as the business needs and the strategic plan.
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Q. 977: Variance and trend analysis is a tool and technique used in which process?
A. Perform Qualitative Risk Analysis
B. Perform Quantitative Risk Analysis
C. Control Risks
D. Plan Risk Responses
Section:Executing
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Q. 978: What is the estimate at completion (EAC) if the budget at completion (BAC) is $100, the actual cost (AC) is $50, and the earned value (EV) is $25?
A. $50
B. $100
C. $125
D. $200
Section: Executing
Justification in favor of the correct answer:
EAC=BAC/CPI and CPI=EV/AC CPI = EV/ AC = 25/50 = 0.5 EAC = BAC/ CPI = 100/0.5 = $200
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Q. 979: While preparing the project management plan on a weekly basis, the project manager indicates the intention to provide an issues report to the staff via e-mail. In which part of the plan will this type of information be included?
A. Communications management plan
B. Human resource plan
C. Quality management plan
D. Procurement management plan
Section: Planning
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Q. 980: What is Project Portfolio Management?
A. Management of a project by dividing the project into more manageable sub- projects.
B. Management of a project by utilizing a portfolio of general management skills, such as planning. Organizing, Staffing, executing and controlling.
C. Management of all projects undertaken by a company.
D. Management of a collection of projects that are grouped together to facilitate effective management and meet strategic business objectives.
Section: Initiation
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