Cost baseline is an output of which of the following processes?
A. Cost Control
B. Cost Budgeting
C. Cost Estimating
D. Cost Planning
What scope definition technique is used to generate different approaches to execute and perform the work of the project?
A. Build vs. buy
B. Expert judgment
C. Alternatives identification
D. Product analysis
Which of the following correctly describes when organizations and stakeholders are willing to accept varying degrees of risk?
A. Risk analysis
B. Risk tolerance
C. Risk management
D. Risk attitude
How is scheduled variance calculated using the earned value technique?
A. EV less AC
B. AC less PV
C. EV less PV
D. AC less EV
What is one of the MAJOR outputs of activity sequencing?
A. Responsibility assignment matrix
B. Work breakdown structure update
C. Project network diagram
D. Mandatory dependencies list
Which of the following processes are within the Initiating Process Group?
A. Develop Project Management Plan and Identify Stakeholders
B. Develop Project Management Plan and Plan Communications
C. Develop Project Charter and Identify Stakeholders
D. Develop Project Charter and Develop Project Scope Statement
Which of the following processes is necessary to ensure that the project employs all processes needed to meet its requirements?
A. Perform Quality Control
B. Quality Policy
C. Perform Quality Assurance
D. Quality Planning
Which schedule development tool and technique produces a theoretical early start date and late start date?
A. Critical path method
B. Variance analysis
C. Schedule compression D. Schedule comparison bar charts
When managing a project team, what helps to reduce the amount of conflict?
A. Clear role definition
B. Negotiation
C. Risk response planning
D. Team member replacement
As part of a mid-project evaluation, your project sponsor has asked you to provide a forecast of total project cost. You should calculate the forecast using which of the following methods?
A. BAC
B. EAC
C. ETC
D. WBS
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