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Which process involves developing an approximation of the monetary resources needed to complete project activities?
Which process involves developing an approximation of the monetary resources needed to complete project activities?A . Estimate CostsB . Control CostsC . Determine BudgetD . Plan Cost ManagementView AnswerAnswer: A
The degree of uncertainty an entity is willing to take on in anticipation of a reward is known as its risk:
The degree of uncertainty an entity is willing to take on in anticipation of a reward is known as its risk:A . managementB . responseC . toleranceD . appetiteView AnswerAnswer: D
Stakeholders can be identified in later stages of the project because the Identify Stakeholders process should be:
Stakeholders can be identified in later stages of the project because the Identify Stakeholders process should be:A . ContinuousB . DiscreteC . RegulatedD . ArbitraryView AnswerAnswer: A
The scope management plan and scope baseline are contained in:
The scope management plan and scope baseline are contained in:A . organizational process assetsB . a requirements traceability matrixC . the project charterD . the project management planView AnswerAnswer: D
Which is a tool or technique used in Define Scope?
Which is a tool or technique used in Define Scope?A . Templates, forms, and standardsB . Change requestsC . Product analysisD . Project assumptionsView AnswerAnswer: C
Which of the following risk response strategies involves allocating ownership of a positive risk to a third party?
Which of the following risk response strategies involves allocating ownership of a positive risk to a third party?A . MitigateB . TransferC . ShareD . AvoidView AnswerAnswer: C
Which document in the project management plan can be updated in the Plan Procurement Management process?
Which document in the project management plan can be updated in the Plan Procurement Management process?A . Budget estimatesB . Risk matrixC . Requirements documentationD . Procurement documentsView AnswerAnswer: C
Which of the following is an output of the Define Activities process?
Which of the following is an output of the Define Activities process?A . Activity listB . Project planC . Activity duration estimatesD . Project scheduleView AnswerAnswer: A
Most experienced project managers know that:
Most experienced project managers know that:A . every project requires the use of all processes in the PMBOK® Guide.B . there is no single way to manage a project.C . project management techniques are risk free.D . there is only one way to manage projects successfully.View AnswerAnswer: B
A risk that arises as a direct result of implementing a risk response is called a:
A risk that arises as a direct result of implementing a risk response is called a:A . contingent riskB . residual riskC . potential riskD . secondary riskView AnswerAnswer: D
