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Questions # 1:

What is the prime advantage of using a parametric estimating method?

Options:
A.

Accuracy,

B.

Ability to deal With detailed information.

C.

Independence from historic data.

D.

Speed.

Expert Solution
Questions # 2:

Which project management process is NOT likely to be used when resolving an issue?

Options:
A.

Risk management

B.

Change control

C.

Scope management

D.

Team building

Expert Solution
Questions # 3:

The purpose of project progress reporting is to:

Options:
A.

ensure a simpler critical path.

B.

enable the tracking of project deliverables.

C.

ensure stakeholder acceptance of project deliverables.

D.

provide an increased total float.

Expert Solution
Questions # 4:

What action is essential after a change has been approved?

Options:
A.

The highlights of the change are communicated directly to the sponsor.

B.

The actual impact of the change is assessed.

C.

The next change requested should be reviewed as quickly as possible.

D.

The related plans must be updated to reflect the change.

Expert Solution
Questions # 5:

In order to be defined as an issue, which of the following conditions must be satisfied?

Options:
A.

It must result in a set tolerance being exceeded.

B.

The project manager must be able to resolve it.

C.

It must have happened because of an identified risk.

D.

The project team must be able to deal with it internally.

Expert Solution
Questions # 6:

Communication is said to be the means by which information or instructions are:

Options:
A.

exchanged.

B.

received.

C.

clarified.

D.

given.

Expert Solution
Questions # 7:

Throughout the life of the project. issues that are raised are in the:

Options:
A.

quality register.

B.

issue register.

C.

change register.

D.

risk register.

Expert Solution
Questions # 8:

Which of the following is included in a Procurement Strategy?

Options:
A.

Benefits

B.

Stakeholder list

C.

Contract pricing information

D.

Specification of works

Expert Solution
Questions # 9:

Product breakdown structures illustrate the required scope of work by a hierarchical structure itemising the:

Options:
A.

components of each product.

B.

budget of each product.

C.

benefits of each product.

D.

risks of each product.

Expert Solution
Questions # 10:

A project manager would use a cost breakdown structure to produce:

Options:
A.

the cost of a do-nothing option.

B.

an analytical estimate.

C.

high-level project costs.

D.

a comparative estimate.

Expert Solution
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