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Q261. Parametric estimates are based on variables such as:
A. Project objectives and manpower allocations.
B. Physical characteristics and historical data.
C. Precise measurements and multiple inputs.
D. The WBS and similar projects.
E. Detailed planning and cost restraints.
Answer: B
Q262. Which is not an example of formal communication?
A. Contract
B. email
C. Project status report
D. Status meeting
Answer: B
Q263. Activity resource requirements and resource breakdown structure are outputs from what Project Time Management process?
A. Schedule Control
B. Activity Definition
C. Schedule Development
D. Activity Resource Estimating
Answer: D
Q264. Manage Project Team belongs to which knowledge area?
A. Project Integration Management
B. Project Time Management
C. Project Procurement Management
D. Project Human Resource Management
Answer: D
Q265. Formal written correspondence is mandated in which of the following situations:
A. Client requests additional work not covered under contract
B. None of the other alternatives apply
C. Both 1) Client requests additional work not covered under contract, and 2) Project manager calls a meeting.
D. Project manager calls a meeting
E. Product undergoes casual in-house testing
Answer: A
Q266. A work breakdown structure is most useful for:
A. determining potential delays
B. developing a cost estimate
C. scheduling the start of tasks
D. identifying individual tasks for a project
E. A and C
Answer: E
Q267. In which of the following types of contracts is it most important for the contractor to maintain control of cost, schedule and scope changes.
A. cost plus incentive fee
B. Cost plus incentive fee and firm fixed price
C. firm fixed price
D. cost plus fixed fee
E. unit price
Answer: C
Q268. Cost management includes processes that are required to maintain financial control of projects.
These processes may include:
A. economic evaluation
B. cost estimating and cost forecasting
C. cost estimating
D. cost forecasting
E. All of the other alternatives apply.
Answer: E
Q269. Who must accept the end product for a project to be considered closed?
A. Project team
B. Project manager
C. Project management office
D. Customer or sponsor
Answer: D
Q270. Your team is split between two buildings on either side of town. As a result, the team isn't very cohesive because the members don't know each other very well. The team is still in the storming stage because of the separation issues. Which of the following should you consider?
A. Training
B. Co-location
C. Corrective action
D. Conflict resolution
Answer: B