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Q:

The project life cycle can be broken into five phases that tend to overlap with each other frm one phase to another;however ,the control phase does not overlap with a specific phase. why?

A) Change control management is seperate from the other phases B) Change control management has a plan that can be usede throughout the initiation, planning, execution, and closeout of the project
C) Because the project sponsor is responsible for change control management , the project manager is not involved with that phase of the project D) Change control extends throughout the entire project from initiation to closeout

Answer:   D) Change control extends throughout the entire project from initiation to closeout



Explanation:

Change control management is utilized from the begining to the end of the project in order to keep it focused with an emphasis on the time and budget. Answer A is incorrect because change control management is not seperate from the other phases. Answer B is incorrect because the control plan must be throughout the other phases of a project. Its usage is not optional, and consistent utilization is imperative to managing scope creep and other scope expansions. Answer C is incorrect because the project sponsors is generally not responsible for the change control documentation, although it should be involved in the buy-in and approval process.

Q:

A project in PMP can be defined as a :

A) Permanent endeavor that produces repetitive outputs B) Temporary endeavor undertaken to create a unique product, service, or result
C) Permanent endeavor undertaken to create a unique product, service, or result D) Temporary endeavor that produces repetitive outputs
 
Answer & Explanation Answer: B) Temporary endeavor undertaken to create a unique product, service, or result

Explanation:
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Q:

Typically not referred to as a buffer type in critical chain project management is ______.

A) Free Buffer B) Resource Buffer
C) Project Buffer D) Feeding Buffer
 
Answer & Explanation Answer: A) Free Buffer

Explanation:
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Q:

Decomposing tasks into smaller activities can be helpful in reducing the amount of stress associated with overwhelmingly large milestones. What is a feature of the hierarchical nature of the WBS? 

A) A WBS hierarchy prevents duplication B) A WBS cab be rolled up or collapsed to provide information at the appropriate level for a particular audience.
C) The decomposition of tasks provides a detailed planning tool D) The depth of a WBS is restricted to three levels, which avoids overplanning
 
Answer & Explanation Answer: B) A WBS cab be rolled up or collapsed to provide information at the appropriate level for a particular audience.

Explanation:

Answer A is incorrect because the WBS hierarchy does not prevent duplication by itself. Answer C is incorrect because a WBS is focused on deliverables and components or work packages and not on tasks. Answer D is incorrect because a WBS can be sized appropriately to the project size with as many levels as necessary.

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Q:

Why are CPM, GERT, and PERT not considered sufficient to create a project schedule?

A) All three are tools and techniques of schedule development, not the actual schedule B) As mathemetical analysis tools, they simply provide the dates that are posible, and do not consider resource pool limitations
C) They are sufficient. Each calculates early and late start and finish dates for each activity D) They are Monte Carlo techniques used to provide what-if analysis for adverse external factors on a project
 
Answer & Explanation Answer: B) As mathemetical analysis tools, they simply provide the dates that are posible, and do not consider resource pool limitations

Explanation:

Answer A is tempting because it is true by definition, but Answer B is correct because it properly answers the question, in that these techniques do not take into account resource pool constraints. Answer C is incorrect because it provides possible early and late start and finish dates, but not the actual schedules. Answer D is incorrect because none of the the three are simulation techniques. 

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Q:

Why are risk tolerances and thresholds important to identify in the risk management Plan?

A) Tolerances and thresholds, when documented, can help to define the target by which the project team can measure the effectiveness of the risk response plan execution B) Tolerances and thresholds help to define how often the risk management process will be performed
C) Tolerances and thresholds determine what tools and data sources will be used in risk management D) Tolerances and thresholds provide the basis for costing the risk management process as well as defining how risk activities will be recorded
 
Answer & Explanation Answer: A) Tolerances and thresholds, when documented, can help to define the target by which the project team can measure the effectiveness of the risk response plan execution

Explanation:

Answer B defines the timing that should be addressed in the risk management plan. Answer C defines the methodology that should be identified in a risk management plan. Answer D touches on the budgeting and tracking that should be defined in the risk management plan.

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