Which are the 3 key players in the sales phase according to the TRICORN model?
A. Solution Architect, Project Manager and Care Manager.
B. Sales Case owner, Customer Solution owner and Project Execution owner.
C. Sales Case Owner, CT Head and Solution Architect.
D. Account Manager, Project Manager and Care Manager.
One example of a benefit of an effective claim management process is:
A. no claim related risks in the project risk log.
B. visibility of financial impact of possible penalties.
C. elimination of all claims.
D. clause for liquidated damages in the customer contract.
The compilation and storage of lessons learned for a completed project can be used to:
A. adjust the final project financials to reflect the cost benefits of this knowledge.
B. determine the cost baseline and rollout plan for all future projects in the CT.
C. highlight problems and determine potential risks in future similar project.
D. complete employee performance evaluations for those who worked on the project.
At a given point in time, a project has a CPI = 0.7 and SV = 1,000. The project is:
A. over budget and ahead of schedule.
B. over budget and behind schedule.
C. below budget and ahead of schedule.
D. below budget and behind schedule.
The project cost management plan is created as a part of the:
A. project management plan process.
B. estimate costs process.
C. determine budget process.
D. control costs process.
If the earned value is equal to actual cost, it means:
A. project is on budget and on schedule.
B. schedule variance index is 1.
C. there is no schedule variance.
D. there is no cost variance.
Decomposing the major deliverables into smaller, more manageable components to provide better control is called:
A. scope planning.
B. scope definition.
C. scope baselining.
D. scope verification.
It has been established that an unplanned urgent activity needs to be performed before the agreed work can be completed within the given schedule. The prudency principle is required to be applied, so what is the correct approach?
A. The existing subcontractor purchase order is modified once work has been completed to ensure accurate payment towards subcontractor.
B. A scratch SvO is raised and the cost is booked as NCC until Customer PO has been received.
C. A contract change is requested from the customer as the task was not included in the originally contracted scope.
D. Any such activity will be covered from the risk contingency agreed as part of the project cost baseline.
Before which approval gate do you have greatest possible influence on risks and the related costs?
A. Gate 4.
B. Gate 5.
C. Gate 6.
D. Project Closing.
Company A is working on a project. The project`s budget is 10,000. The planned value as of date X is
4,000. The project has an earned value of 3,500 and actual costs of 4,500.
Which statement is correct?
A. The project is behind schedule.
B. The project is ahead of schedule.
C. The project is finished.
D. The project is on schedule.
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