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Q241. Which of the following equations is used to calculate schedule variance?
A. EV/PV
B. PV/EV
C. EV-PV
D. PV-EV
Answer: C
Q242. What tool and technique includes all costs incurred over the life of a product by investment in preventing nonconformance to requirements?
A. Cost of quality
B. Measure of design
C. Statistical control
D. Systematic analysis
Answer: A
Q243. A Project with a total funding of $70,000 finished with a BAC value of $60,000.
What term can best describe the difference of $10,000?
A. Management Contingency Reserve
B. Cost Variance
C. Schedule Variance
D. Management Overhead
Answer: A
Q244. Who is responsible for issuing the project charter?
A. The project sponsor
B. The senior Project Manager
C. The project team
D. The project manager
Answer: A
Q245. You are a project manager of ABC organization. You are estimating the project in initiation phase.
What level of accuracy you can expect?
A. -75 percent to +75 percent
B. -25 percent to +25 percent
C. -50 percent to +50 percent
D. -50 percent to +100 percent
Answer: D
Q246. While project work is being done, conflicts can arise between the procurement officer and the project manager because the procurement officer:
A. Is the only one who can change the contract.
B. Works for a different department.
C. Needs to obtain the project manager's approval to make project changes.
D. Has a different approach to creating a contract.
Answer: A
Q247. Which of the following can be used to track the requirements throughout the project life cycle?
A. Requirements traceability matrix
B. Scope management plan
C. Project charter
D. Work breakdown structure
Answer: A
Q248. Which type of tool would be used for the quality planning activity?
A. Schedule Analysis
B. Checklist Analysis
C. Assumption Analysis
D. Cost-Benefit Analysis
Answer: D
Q249. A team member is not performing well on the project because she is inexperienced in system development work. There is no one else available who is better qualified to do the work. What is the BEST solution for the project manager?
A. Consult with the functional manager to determine project completion incentives for the team member.
B. Obtain a new resource more skilled in development work.
C. Arrange for the team member to get training.
D. Allocate some of the project schedule reserve.
Answer: C
Q250. Which of the following is a conflict resolving technique that emphasizes areas of agreement rather than areas of difference?
A. Withdrawing/Avoiding
B. Forcing
C. Collaborating
D. Smoothing/Accommodating
Answer: D