Question 141 · 497 in bank
Which contract type is least desirable to a vendor?
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Answer: B
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Which contract type is least desirable to a vendor?
Answer: B
A project manager is addressing risks and potential concerns related to stakeholder management, and is clarifying and resolving previously identified issues. In which process is the project manager engaged?
Answer: C
The project manager is dividing the project scope into smaller pieces, and repeating this process until no more subdivisions are required. At this point the project manager is able to estimate costs and activities for each element. What are these elements called?
Answer: B
The answer is B. The main benefit of work packages is that as part of a work breakdown structure, they break down larger projects into more manageable work.
Source: Adapted from community discussion — meg002
Deciding the phases of project life cycle would be considered a part of which of these knowledge areas?
Answer: D
PMBOK Pg 74, definitely Integration, Though it is important to note that the development approach and project life cycle are sub-inputs to the Plan Scope Management process, they are tailoring considerations for Project Integration Management.
Source: Adapted from community discussion — [Removed]
Responsible, accountable, consult and inform (RACI) is an example of which of the following?
Answer: D
What charts and figures should project managers use during the Perform Quantitative Risk Analysis process?
Answer: A
A. Tornado diagrams and influence diagrams Tornado diagrams and influence diagrams are the most commonly used charts and figures in Perform Quantitative Risk Analysis. Tornado diagrams visually represent the sensitivity of project outcomes to changes in specific variables. They help identify the risks that have the most significant impact on project objectives. Influence diagrams are graphical representations of the relationships between variables and uncertain events. They help analyze complex risk scenarios and identify potential consequences.
Source: Adapted from community discussion — Vangelis_1980
Recognition and rewards are tools and techniques of which process?
Answer: A
What are the key tools for managing project knowledge?
Answer: B
Per PMBOK 6th Ed - 4.4 figure 4.8, the T/T for Manage Project Knowledge are: Expert Judgement, Knowledge Management, Information management, interpersonal and team skills: active listening, facilitation, leadership, networking, and political awareness. So, of the options provided, B is correct.
Source: Adapted from community discussion — missyi
Make-or-buy analysis is a tool and technique of which process?
Answer: B
Which of the following are outputs of the Define Scope process in Project Scope Management?
Answer: C
C. Project scope statement and project documents updates The Define Scope process outputs are: Project Scope Statement: This document clearly defines the project's boundaries, including deliverables, acceptance criteria, exclusions, and constraints. Project Documents Updates: This includes updates to various project documents, such as the requirements documentation, assumptions log, constraints log, and other relevant documents. These outputs provide a clear understanding of the project's scope and serve as a foundation for subsequent project phases.
Source: Adapted from community discussion — Vangelis_1980
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