Searching for "he"

Q:

Ramesh started a software business by investing Rs. 50,000. After six months, Rajesh joined him with a capital of Rs. 75,000. After 3 years, they earned a profit of Rs. 27,000. What was Rajesh's share in the profit?

A) 10,000 B) 15,000
C) 20,000 D) 25,000
 
Answer & Explanation Answer: B) 15,000

Explanation:


Ramesh : Rajesh =(50,000*36) : (75,000*30) =4 : 5.

Therefore, Rajesh's share=Rs.(27,000*5/9)= Rs.15,000.

Report Error

View Answer Report Error Discuss

Filed Under: Percentage

Q:

Which of the following is not true about bottom-up estimating?

A) The WBS must be accurate and complete before this process can be used. B) Since the cost is largely independent of the desired accuracy it is the methodology of choice.
C) Its accuracy increases if the activities are smaller. D) It is not a useful methodology in the early project planning phase.
 
Answer & Explanation Answer: B) Since the cost is largely independent of the desired accuracy it is the methodology of choice.

Explanation:

“The cost and accuracy of bottom-up cost estimating is typically influenced by the size and complexity of the individual activity or work package.” PMBOK [7.1.2.4]

Report Error

View Answer Report Error Discuss

Filed Under: PMP Certification

Q:

George is very open with his team members. He invites questions and discussion, and encourages new suggestions and ideas. He considers all this carefully before making any but the most minor project decisions, but ultimately chooses the course he personally believes is the right one. His leadership style is best characterized as

A) Democratic B) Consultative
C) Participative D) Benevolent
 
Answer & Explanation Answer: C) Participative

Explanation:

The Participative leadership style is characterized by 1) allowing a great deal of freedom in identifying problems and solutions, 2) working closely with subordinates, 3) allows extensive participation, but 4) reserving to him/herself the final decision. The consultative style is not so open, with discussion more focused around the leader’s uncertainties than asking for new ideas.

Report Error

View Answer Report Error Discuss

Filed Under: PMP Certification

Q:

Assuming that the phases in a project are concept, development, implementation and termination, which phase typically has the highest degree of uncertainty?

A) Concept B) Development
C) Implementation D) Termination
 
Answer & Explanation Answer: A) Concept

Explanation:

The first phase in a project always has the greatest degree of uncertainty because at this point in time the product is the least well defined. PMBOK, See figure 2-2. [2.1.1]

Report Error

View Answer Report Error Discuss

Filed Under: PMP Certification

Q:

Activities done repeatedly over time will become more efficient, increase in quality and will be found to be less demanding by the performing people. This is known as the

A) Learning Curve Theory. B) Continuous Improvement Theory.
C) Six-sigma Theory. D) Homeostasis Theory.
 
Answer & Explanation Answer: A) Learning Curve Theory.

Explanation:

Answers B and C belong to quality management, and answer D was formulated by Elizabeth Duffy and suggested that we all try to adjust our lives so that we have a dynamic balance (homeostasis) between challenge and relaxation. Kerstner, Chapter 18

Report Error

View Answer Report Error Discuss

Filed Under: PMP Certification

Q:

Verify Scope is the process of

A) progressively elaborating and documenting the project work that produces the product of the project. B) subdividing the major product deliverables into smaller, more manageable components.
C) obtaining formal acceptance of the project scope by the stakeholders. D) influencing the factors that create scope changes to ensure that changes are agreed upon, determining that a scope change has occurred and managing the changes when and if they occur.
 
Answer & Explanation Answer: C) obtaining formal acceptance of the project scope by the stakeholders.

Explanation:

“Verify Scope is the process of formalizing acceptance of the completed project deliverables. Verifying scope includes reviewing deliverables with the customer or sponsor to ensure that they are completed satisfactorily and obtaining formal acceptance of deliverables by the customer or sponsor.” PMBOK [5.4]

Report Error

View Answer Report Error Discuss

Filed Under: PMP Certification

Q:

The schedule performance index (SPI) is calculated as

A) Planned Value (PV) divided by Earned Value (EV) B) Earned Value(EV) divided by Planned Value (PV)
C) Project duration divided by Earned Value divided by Planned Value (Duration/(EV/PV)) D) Earned Value (EV) minus Planned Value (PV)
 
Answer & Explanation Answer: B) Earned Value(EV) divided by Planned Value (PV)

Explanation:

Answer A is reversed. Answer C is sometimes mistakenly used to forecast project completion (it’s invalid because it does not take into consideration which completed tasks are on the critical path). Answer D is the definition of Schedule Variance. 

Report Error

View Answer Report Error Discuss

Filed Under: PMP Certification

Q:

The procurement documents to be used, the supplier management processes and the types of contracts that will be used are to be found in which document?

A) Solicitation management plan. B) Contracting management plan.
C) Organizational policies. D) Procurement management plan.
 
Answer & Explanation Answer: D) Procurement management plan.

Explanation:

Key elements in the procurement management plan are enumerated in this PMBOK section. [12.1.3.1]

Report Error

View Answer Report Error Discuss

Filed Under: PMP Certification