This PMP quiz evaluates knowledge on project management processes, focusing on roles, responsibilities, and planning tools. It assesses understanding of scope management, resource estimation, and scheduling, crucial for effective project management.
None of the choices are correct
WBS dictionary
RBS
Project scope statement
Project schedule
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Manage project team
Human resource planning
Develop project team
Acquire project team
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The plan must include the predefined risk management policies as they relate to the organization
The plan must ensure that the level of details and risk management efforts are commensurate with the level of risk and importance of the project
The plan must be predefined templates as defined by the organization
The plan must include the predefined roles and responsibilities as they relate to risk management.
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Cost budgeting
Activity resource estimation
Risk monitoring and control
Activity duration estimation
Cost estimation
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Risk monitoring and control
Activity resource estimation
Cost estimation
Cost budgeting
Activity duration estimation
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Activity Duration Estimates
Schedule baseline
None of the choices are correct
Updates to activity attribute
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Activity duration estimates should specify a single, specific duration, and NOT a range of durations
Analogous estimation is a form of expert judgment that is used as a tool / technique in activity duration estimatio
Precedence diagramming methods are tools/ techniques of activity sequencing process
Activity duration estimates are an output of activity duration estimates.
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Obtain approval of schedule
Decompose the work packages into smaller components called schedule activities
Develop activity resource requirements
Initiate schedule change control
Obtain acceptance of completed project scope
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Identify the historical information on previous projects
Identify the activity attributes
Identify the constraints and assumptions of the project
Identify the activities lists
Identify the milestone list
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Critical chain method
Resource leveling
Decision tree analysis
Monte Carlo analysis
Critical path method
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Risk monitoring and control
Activity resource estimation
Cost estimation
Cost budgeting
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The project scope management plan describes how the project scope will be defined and managed by the project scope management team
The project scope management plan specifies how formal verification and acceptance of the project deliverables will be satisfied
The project scope management plan is contained within the project management plan.
The project scope management plan identifies the influence and interest of the stakeholders and documents their expectations
The project scope management plan is an output of the Scope Planning process
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Rolling Wave Planning is a phased iterative approach to project development
Rolling Wave Planning is a cost and schedule planning technique used in the Activity Definition process
Rolling Wave Planning is the process of decomposing each work package within the WBS into the corresponding schedule activities required to produce the work package deliverables
Rolling Wave Planning describes a form of progressive elaboration planning where the work to be performed in the near time is planned in detail at a low level of the WBS, while work far in future is planned for WBS components that are relatively at a high level of WBS.
EMV is a statistical concept that calculates the average outcome of project outcomes based on various assumptions and scenarios
Decision tree analysis is a type of EMV analysis
EMV is a tool/ technique of Qualitative Risk Analysis
EMV is calculated by multiplying the value of each possible outcome by its probability of occurrence, and summing them together
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Forecasting
Cost reconciliation
Funding limit reconciliation
Reserve reconciliation
Reserve reconciliation
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A network diagram should have been used to produce the estimates.
The estimates should have been created by management.
The estimates should have accounted for the market dynamics and timing requirements.
The project sponsor should have been actively involved in producing the estimates
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Rolling wave planning, decomposition
Control account, planning package
Milestone list, schedule network templates
Control package, planning account
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Cost-reimbursable contracts generally carry the highest risks to the buyer, as the total costs are uncertain
Cost-reimbursable contracts often includes incentives for meeting or exceeding project objectives
Cost-reimbursable contracts resemble fix unit agreements when the unit rates are preset by the buyer and selle
Cost-reimbursable contracts are contracts that involves payments to the seller for actual costs, plus a fee representing the sellers profit
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Competency
Authority
Responsibility
Compliance
Role
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Sensitivity analysis
Reserve analysis
Expected monetary value analysis
Modeling and simulation
Decision tree analysis
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When resource cost rate information is unavailable from commercial databases
When resources are applied per unit of time of duration of schedule activity
When union labor with regularly expiring collective bargaining agreements are involve
. When seasonal cost variations are involve
When project budget includes interest rate changes
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Resource availability
Project management plan
Resource breakdown structure
Activity list
Activity attributes
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Critical path method
Schedule compression
What-if scenario analysis
Resource-leveling
Critical chain method
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ADM
PDM
GERT
AOA
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Activity-on-node diagram
Logic bar chart
Time-scaled schedule network diagra
Milestone charts
Flow charts
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Work activity
Control account
Planning package
Milestone activity
Hammock activity
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Control accounts and planning packages are tools / techniques of Schedule Development process
A control account is an assigned WBS level used to monitor cost and schedule performance of significant element of work.
Planning packages reflect a future segment of work within a control account that has not yet been decomposed into detailed work packages
As work becomes more clearly defined, planning packages are converted into work packages.
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Expert judgment
Decomposition, templates
Rolling wave planning
Planning component
Schedule network templates
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WBS, WS dictionary
Market place conditions, commercial databases
Cost estimating policies/ templates, historical information, project team knowledge
Schedule management plan, staffing management plan, risk register
Activity cost estimates, activity cost estimate supporting detail
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Quiz Review Timeline (Updated): Dec 14, 2023 +
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