Marco is an investor, and Jon is a project team member. Both...

MCQ

Marco is an investor, and Jon is a project team member. Both have intensive technical background for the project that you are managing. However, recently they have disagreed on the next step to take for the project. They both decide to defer to whoever has the authority to make this decision. Who has the authority to decide which direction should be taken for the project?

Project manager

Stakeholders

The project team

Investors

The board of trustees of this company

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MCQ

As a project manager, while Kathy was trying to categorize all potential risks for her new construction project M based on levels of probability and impact on the project, she identified a potential risk, regarding a schedule conflict with another project to obtain critical equipment for a short time period. Overall, because this risk is probable and might impact her project M, Kathy wants to record this risk; however, she is confused about where she should document this type of risk. According to the PMBOK guide, where should Kathy document this risk?

Watch list

Risk management plan

Project management plan

WBS

Scope management plan

Discussion

MCQ

Which of the following is/are main parameters that you should use when computing the costs of a software development project?

travel and training costs

hardware and software costs

effort costs (the costs of paying software engineers and managers)

all of the mentioned

Discussion

MCQ

Which of the following defines what tasks the project resources are expected to accomplish and, just as importantly, what is not part of the project team

A

Punch list

B

Check sheet

C

Project logic diagram

D

Checklist

E

Scope document

Correct Answer: E

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MCQ

4.
Once the project is approved and moves into the planning stage, what happens in the next phase of the project life cycle?

A

Agreements for risk sharing need to be concluded.

B

The total risk on the project typically reduces as activities are performed without loss.

C

Risks must be weighed against the potential benefit of the project

D

Risks are identified with each major group of activities.

E

A risk response plan can be used to identify increasing levels of detailed risk analysis

Correct Answer: D

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5.
As a project manager of Project Cool at the company, Samira is responsible for monitoring and controlling two project management processes: process A and process B. She recently noticed a high priority risk X has been imposed on her project process A in Project Cool. While she tried to control the risk X, she also noticed that a new potential risk Y will be added to process B. Which of the following best explains this situation?

A

If risk Y happens, then it is all Samira

B

This is common in practice. Risk Y is a secondary risk caused by Risk X.

C

The potential risk might happen, but Samira can ignore risk Y, as risk X takes higher priority.

D

Samira is not experienced enough for handling risk management, so her boss will probably fire her.

E

Risk Y is called a low priority risk, which is not considered to be a real concern, so Samira should not worry about risk Y.

Correct Answer: B

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