CAPM Practice Exam 260 Questions with Verified Answers,100% CORRECT, Exams of Business Economics

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CAPM Practice Exam 260 Questions with Verified Answers

3 things that describe role of a PM ?? - CORRECT ANSWER 1. responsible for the final result of the team

2. need to integrate multiple disciplines
3. communicate with team Cost Management Plan has these 3 characteristics - CORRECT ANSWER 1. describes how project costs will be planned, structured, & controlled
4. may specify level of precision, degree to which activity cost estimates will be rounded up or down
5. may specify variance thresholds for monitoring cost performance to indicate an agreed-upon amount of variation allowed before some action needs to be taken general techniques for resolving conflict include: - CORRECT ANSWER 1. withdraw/avoid
6. smooth/accommodate
7. compromise/reconcile
8. force/direct
9. collaborate/problem Responsibility Assignment Matrix (RAM) is - CORRECT ANSWER Illustrates the connections between work packages or activities and project team members. It ensures that there is only one person accountable for each. what describes a schedule compression technique used to shorten the schedule duration for the least incremental cost by adding resources? - CORRECT ANSWER Crashing what type of chart is well-suited for displaying detailed descriptions of team member responsibilities? - CORRECT ANSWER text-oriented formulas when tailoring processes for project quality management, you should consider: - CORRECT ANSWER 1. policy compliance & auditing
10. standards & regulatory compliance

3. stakeholder engagement project schedule is a result of the project management team selecting and creating? - CORRECT ANSWER a scheduling method, project-specific data, & a schedule model Considerations for tailoring in Project Quality Management include - CORRECT ANSWER 1. policy compliance & auditing
4. standards & regulatory compliance
5. continuous improvement
6. stakeholder engagement (not management) which is an output of a monitor risks process? - CORRECT ANSWER work performance information define planning process group - CORRECT ANSWER process(es) required to establish the scope of the project, refine objectives, & define COA required to attain the objectives that the project was undertaken to achieve what tasks are involved in project cost management - CORRECT ANSWER 1. estimating
7. budgeting
8. financing what is an output of control procurements, the requirements for which are usually defined in the terms & conditions of the contract & are included in the procurement management plan - CORRECT ANSWER closed procurements???? define perform qualitative risk analysis process - CORRECT ANSWER prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact fast tracking method of schedule compression involves - CORRECT ANSWER performing in parallel for a portion of their duration activities or phases that are normally done in sequence may result in rework & increased risk

key differences between management & leadership - CORRECT ANSWER 1. directing vs. influencing

2. accept status quo vs. challenge status quo
3. focus on systems vs. focus on relationships classification of the engagement level of stakeholders include - CORRECT ANSWER
4. unaware
5. resistant
6. neutral
7. supportive
8. leading process of ensuring info needs of the project & its stakeholders are met - CORRECT ANSWER monitor communications the 3 dimensions of complexity are defined as - CORRECT ANSWER 1. system behavior
9. human behavior
10. ambiguity purpose of preventative action change request - CORRECT ANSWER ensures future performance of the project work is aligned with the project management plan what input to the control costs process contains data on project status such as which costs have been authorized, incurred, invoiced, and paid? - CORRECT ANSWER work performance data project documents that are inputs to Close Project or Phase - CORRECT ANSWER - assumption log

• change log
• issue log as the PM, what is your responsibility as part of the Monitoring & Controlling Process Group? - CORRECT ANSWER continuously monitor work being completed???

What is an output in the Determine Budget process - CORRECT ANSWER - cost baseline

• project funding requirements
• project doc updates

cost estimates project schedule risk register what process involves leading & performing the work defined in the PMP and implementing approved changes to achieve the project's objectives? - CORRECT ANSWER Direct & Manage Project Work What is a form of project life cycle that may also be referred to as waterfall life cycle - CORRECT ANSWER predictive life cycle time or money allocated in the schedule or cost baseline for known risks with active response strategies is: - CORRECT ANSWER contingency reserve

tools & techniques to acquire resources include - CORRECT ANSWER - decision making

• interpersonal & team skills
• pre-assignment
• virtual teams Control Resources Output - CORRECT ANSWER - work performance info
• PMP updates
• project docs updates OPAs influence the management of projects. what is the best description of the important categories of OPA? - CORRECT ANSWER organizational knowledge base, processes, policies, & procedures lessons learned documentation generally includes - CORRECT ANSWER - reasoning behind the corrective action chosen
• ?????

Acquire resources is the process of confirming resource availability and obtaining the team necessary to complete project activities. The EEFs that can influence this process generally include - CORRECT ANSWER - market conditions

• organizational structure
• geographic locations Affinity Diagrams are - CORRECT ANSWER - allow large numbers of ideas to be classified into groups for analysis
• part of tools & techniques of Manage Quality process
• organize potential causes of defects On completion of the identify risks process, what would be included in the risk register? - CORRECT ANSWER list of identified risks What includes all costs incurred over the life of the product by investment in preventing nonconformance to requirements, appraisal of the product or service for conformance to requirements, and failure to meet requirements? - CORRECT ANSWER cost of quality (COQ) What is a PMIS tool that can be used to execute the Manage Communications process? - CORRECT ANSWER - social media mgmt
• electronic project mgmt tools
• electronic communications mgmt Risk transference nearly often involves - CORRECT ANSWER Payment of a risk premium to the party taking on the risk What is an example of explicit knowledge? - CORRECT ANSWER competence ??? project life cycle is managed by executing a series of project mgmt activities. These activities are known as? - CORRECT ANSWER project mgmt processes SWOT has the following characteristics - CORRECT ANSWER - examines degree to which organizational strengths offset threats as well as identifies opportunities that may serve to overcome weaknesses

• examines project from each of the strengths, weaknesses, opportunities, & threats perspectives to increase the breadth of identified risks by including internally generated risks
• identifies identifies any opportunities for the project that arise from organizational strengths, & any threats arising from organizational weaknesses what is a tailoring consideration for project scope management? - CORRECT ANSWER stability of requirements tool & technique used in the perform qualitative risk analysis process - CORRECT ANSWER - expert judgement
• data gathering (interviews)
• data analysis

risk data quality assessment

risk probability & impact assessment assessment of other risk parameters

• interpersonal & team skills
• risk categorization
• data representation
• meetings what is the basis for performing the validation & for final acceptance of the deliverables by the customer or sponsor? - CORRECT ANSWER requirements documentation or the scope baseline as well as work performance data from other processes what is included in the risk management plan? - CORRECT ANSWER - risk strategy
• methodology
• roles & responsibilities
• funding
• timing
• risk categories as an output of the monitor risks process, as an updated risk register generally includes? - CORRECT ANSWER - identification of new risks, updates to probability, impact, priority, risks plans, ownership, & other elements
• outcomes of risk assessments, risk audits, & periodic risk reviews

• actual outcomes of project's risks cost of quality associated w/ a project consists of one or more costs? - CORRECT ANSWER - prevention
• acquisition
• failure when tailoring processes for project schedule management, you should consider?
• CORRECT ANSWER - project dimensions
• life cycle approach
• resource availability
• project dimensions
• technology support what is evolving trends in the integration process? - CORRECT ANSWER use of automated tools what is an output of the estimate activity resources process - CORRECT ANSWER - resource requirements
• basis of estimates
• resource breakdown structure
• project docs updates the precedence diagramming method (PDM) shows? - CORRECT ANSWER logical relationships that exist between activities what tools & techniques of control scope process? - CORRECT ANSWER data analysis
• variance analysis
• trend analysis your sponsor specifies that there is no additional money in the budget for your project and asks you to complete the project at the original budget at completion (BAC). To achieve the goal, you & your team must complete the remaining work at the to-complete performance index (TCPI) of the following data: BAC= 200 PV=

AC=

EV=80 - CORRECT ANSWER TCPI= (BAC-EV)/(BAC-AC)

TCPI=(200-80)/(200-120)

TCPI=1.

what do affinity diagrams allow to be classified into groups for review & analysis?

• CORRECT ANSWER large number of ideas define RACI chart? - CORRECT ANSWER common type of responsibility assignment matrix to define the involvement of stakeholders in project activities what strategy for risks or positive opportunities is used to increase the probability and/or positive impact of an opportunity? - CORRECT ANSWER enhance what is an output of the Create WBS process? - CORRECT ANSWER - scope baseline
• project docs updates

assumption logs requirements documentation what are data analysis techniques used in project closeout - CORRECT ANSWER - document analysis

• regression analysis
• trend analysis
• variance analysis what represents processes concerned w/ establishing & controlling the cost baseline? - CORRECT ANSWER - estimate costs
• develop budget
• adhere to baseline ??? what is the process of translating the quality management plan into executable quality activities that incorporate the organization's quality policies into the project? - CORRECT ANSWER manage quality

what is true about the Validate Scope process? - CORRECT ANSWER process of formalizing acceptance of the completed project deliverables What contains information on threats & opportunities that may impact resource planning? - CORRECT ANSWER risk register the processes of Project Risk M - CORRECT ANSWER 1. plan risk management

2. identify risks
3. perform qualitative risk analysis
4. perform quantitative risk analysis
5. plan risk response
6. implement risk responses
7. monitor risks Types of PMO structures - CORRECT ANSWER Supportive, Controlling, Directive outputs of estimate activity resources process - CORRECT ANSWER - resource requirements

• basis of estimates
• resource breakdown structure (RBS)
• project docs updates describe procurement SOW - CORRECT ANSWER description of procurement item in sufficient detail to allow prospective seller to determine if they're capable of providing the products, service, or results training characteristics - CORRECT ANSWER - formal or informal
• lack of necessary mgmt or technical skills can be developed during project work
• training costs should be included in project budget OPAs influence the mgmt of projects & what are the important categories of OPAs? - CORRECT ANSWER - plans
• processes
• policies
• procedures
• knowledge bases

outputs of Plan Schedule management process - CORRECT ANSWER schedule mgmt plan Inputs for the Close Project or Phase process: - CORRECT ANSWER Project management plan Accepted deliverables OPAs complexity exhibits the following characteristics - CORRECT ANSWER - emergent behavior

• containing multiple parts
• dynamic interactions b/t parts to tailor project risk mgmt, you should consider the factors: - CORRECT ANSWER - project size
• project complexity
• project importance
• development approach Requirement-related activities are the responsibility of which role within the Project Scope Management Knowledge Area? - CORRECT ANSWER business analyst analogous cost estimating uses - CORRECT ANSWER actual costs or previous, similar projects examples of source selection criteria - CORRECT ANSWER delivery dates & financial stability ???? types of PMO structures in organizations include - CORRECT ANSWER - controlling PMOs provide support & require compliance through various means
• directive PMOs take control of projects by directly managing the projects
• consultative role to projects by supplying templates, best practices, training, access to information, and lessons learned from other projects
• NOT harmonizing PMOs

decision tree characteristics - CORRECT ANSWER - uses expected monetary value (EMV) analysis to calculate avg. outcome when the future includes scenarios that may or may not happen

• diagramming & calculation technique for evaluating implications of a chain of multiple options in the presence of uncertainty
• used to choose most appropriate risk analysis technique determine EAC: BAC= 200 PV= 100 AC= 120 EV= 80 - CORRECT ANSWER EAC = AC+ (BAC-EV) EAC= 120 + (200-80) EAC= 240 what links product requirements from their origin to the deliverables that satisfy them? - CORRECT ANSWER requirements traceability matrix SOW, payment info, & contractor work performance information are examples of? - CORRECT ANSWER procurement documents forms of power? - CORRECT ANSWER - positional
• informational
• referent
• situational
• personal or charismatic
• relational
• expert
• reward-oriented
• punitive or coersive
• ingratiating
• pressure-based
• guilt-based
• persuasive
• avoiding

define EAC - CORRECT ANSWER actual costs incurred for work + ETC remaining work ETC= BAC-EV cost performance baseline characteristics - CORRECT ANSWER - typically displayed in form of an S-curve

• approved version of the time-phased project budget, excluding any mgmt reserves & is used as a basis for comparison w/ actual results
• developed as a summation of the approved budgets for different schedule activities a significant amount of data is collected & analyzed throughout the project. What are some examples of project data & info? - CORRECT ANSWER - work performance reports
• work performance data
• work performance information agreements & procurement documents are inputs to? - CORRECT ANSWER identify risks what is affected by resource availability, resource requirements, & types of resources? - CORRECT ANSWER duration of the activity define SOW - CORRECT ANSWER narrative description of products/services/results to be delivered by the project planning process group processes & how many - CORRECT ANSWER 24 total Develop Project Management Plan Plan Scope Management Collect Requirements Define Scope Create WBS Plan Schedule Management Define Activities Sequence Activities

Estimate Activity Resources Estimate Activity Durations Develop Schedule Plan Cost Management Estimate Costs Determine Budget Plan Quality Management Plan Human Resource Management Plan Communications Management Plan Risk Management Identify Risks Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Plan Risk Responses Plan Procurement Management Plan Stakeholder Management as PM, what is your responsibility as part of the executing process group? - CORRECT ANSWER - ensure stakeholders needs are being met in relation w/ the approved scope

• integrate various parts of project work into cohesive whole
• build team cohesiveness & relationships to both external & internal stakeholders NOT sign off on all legal agreements & docs what represents processes concerned w/ establishing & controlling the cost baseline - CORRECT ANSWER ???? tool & technique to control schedule process - CORRECT ANSWER - data analysis
• critical path method
• PMIS
• leads & lags
• schedule compression duration of activity is affected by - CORRECT ANSWER - estimated activity resource requirements
• resource availability

• method of scheduling activities & resources ?? Create WBS process output - CORRECT ANSWER - scope baseline
• project docs updates configuration management plan describes - CORRECT ANSWER how info about the items of the project & which items will be recorded & updated so that the results of the project remain consistent what is an adaptive project life cycle where deliverable matures through a series of repeated cycles - CORRECT ANSWER iterative life cycle effective team development strategies & activities are expected to increase the team's performance, which increases likelihood of meeting project objectives. The evaluation of a team's effectiveness may include - CORRECT ANSWER - reduced staff turnover rate
• improvements in skills that allow individuals to perform assignments more effectively
• improvements in competencies that help the team perform better as a unit NOT improvements in overall project performance as a result of increased intensity of conflict among project team members Agile scope planning is especially useful when: - CORRECT ANSWER Business requirements are not stable Inputs to the Plan Schedule Management process include: - CORRECT ANSWER - project charter
• PMP

scope mgmt plan development approach

• EEFs -OPAs Output - Determine Budget - CORRECT ANSWER 1 Cost baseline

2 Project funding requirements 3 Project documents updates COQ associated w/ a project consists of 1 or more of the following costs: - CORRECT ANSWER - prevention

• appraisal
• failure tools & techniques used in Perform Qualitative Risk Analysis process - CORRECT ANSWER - expert judgement
• data gathering
• data analysis
• interpersonal & team skills
• risk categorization
• data representation
• meetings Change requests are processed for review and disposition through Perform Integrated Change Control process & may include the following change activities:
• CORRECT ANSWER - corrective action
• preventative action
• defect repair when performing integration on the project, the role of the PM is? - CORRECT ANSWER - working w/ project sponsor to understand the strategic objectives & ensure alignment of objectives & results with the project & business area A documented economic feasibility study used to establish validity of the benefits of a selected component lacking sufficient definition and that is used as a basis for the authorization of further project management activities is? - CORRECT ANSWER project business case project integration management includes - CORRECT ANSWER - relationships of processes within & b/t project mgmt process groups are iterative
• managing project performance & changes to project activities
• projects & project mgmt are integrative by nature w/ most tasks involving more than 1 knowledge area

??

examples of interpersonal skills that a PM uses during Manage Stakeholder Engagement include? - CORRECT ANSWER - conflict management

• cultural awareness
• negotiation
• observation/conversation
• political awareness NOT governance The buyer prepares procurement documents, which include: - CORRECT ANSWER
• procurement SOW
• bid documents
• independent cost estimates
• source selection criteria NOT control procurement docs What can be used as a tool/technique in the Monitor & Control project work process? - CORRECT ANSWER - expert judgement
• data analysis
• decision making
• meetings what is the technique of the plan communications management process that determines the info needs of the project stakeholders? - CORRECT ANSWER communication requirements analysis What input to the Plan Quality Management process includes assumption log, requirements documentation, requirements traceability matrix, risk register, and stakeholder register? - CORRECT ANSWER project docs outputs from an estimate activity resources process include? - CORRECT ANSWER
• resource requirements

• basis of estimates
• RBS
• project docs updates The "Develop Project Management Plan" process involves: A. Authorizing the project and providing the PM with authority. B. Integrating subsidiary plans into a comprehensive plan. C. Performing the project work and implementing approved changes. D. Tracking and reporting project progress against objectives. - CORRECT ANSWER b Which of the following is not true about schedule management on agile projects? A. It uses longer cycles to undertake work, review results, and adapt B. The role of the project manager is the same as it would be on a waterfall project C. Rapid, frequent feedback is collected on deliverables D. An on-demand, pull-based scheduling system is used - CORRECT ANSWER a When managing conflict, we may use the technique of ______ to work together to incorporate multiple viewpoints in a cooperative and constructive manner. A. Force/Direct B. Collaborate/Problem Solve C. Withdraw/Avoid D. Compromise/Reconcile - CORRECT ANSWER b collaborate problem solve When sequencing activities, we must determine relationships (or dependencies) between tasks. _____ dependencies are those that are determined based on knowledge of best practices. A. Mandatory B. Discretionary C. External D. Internal - CORRECT ANSWER b Which of the following processes involves decomposing the project work into smaller

components? A. Define Scope B. Sequence Activities C. Collect Requirements D. Create WBS - CORRECT ANSWER d PMOs that train project managers and provide templates and best practices are referred to as: A. Supportive B. Controlling C. Directive D. Strategic - CORRECT ANSWER a supportive

7. Which of the following is not true about procurement management on agile projects? A. Specific sellers may be used to extend the team. B. Buyers and sellers can collaborate to share risk and rewards. C. It is ideal when buyers and sellers are collaborating together in a virtual environment. D. Large projects may use agile for some deliverables and a more stable approach for others. - CORRECT ANSWER c ideal buyers/ sellers are collaborating together in virtual environment Which of the following lifecycles is commonly used in large organizations with large, enterprise-wide system deployments? A. Agile B. Iterative C. Predictive D. Adaptive - CORRECT ANSWER c predictive
8. According to a RACI matrix, an individual who has ultimate ownership and decision making authority is ______. A. Responsible

B. Accountable C. Consulted D. Informed - CORRECT ANSWER b accountable

10. You are working for a car company and are leading a project to construct a new battery factory. Currently, the team is performing the plan risk management process. In doing so, which of the following activities might they complete? A. Exploring options for addressing risks that have been previously identified. B. Determining which risks to transfer to a third party. C. Determining the stakeholders' appetite for risk. D. Meeting with project team members to brainstorm sources of overall project risk. - CORRECT ANSWER C. Determining the stakeholders' appetite for risk. Which of the following processes involves specifying the procurement approach and identifying potential sellers? A. Conduct Procurements B. Manage Communications C. Control Procurements D. Plan Procurement Management - CORRECT ANSWER d plan Which of the following are tools and techniques used in the "Manage Quality" process? A. Benchmarking, Checklists, Test & Inspection Planning B. Design for X, Quality Improvement Methods, Inspections C. Process Analysis, Audits, Problem Solving D. Data Analysis, Testing & Product Evaluations, Meetings - CORRECT ANSWER C. Process Analysis, Audits, Problem Solving After we identify risks that could impact the success of our project and make assessments of their probability and impact, we can begin quantitative risk analysis. In doing so, we may use

______, which helps to determine the individual project risks that have the most potential impact on project outcomes. One way of displaying this information is through a Tornado diagram. A. Decision Tree Analysis B. Monte Carlo Simulation C. Delphi Techniques D. Sensitivity Analysis - CORRECT ANSWER sensitivity analysis Which of the following stages of team development occurs when the team members begin to encounter potential conflict, and if they fail to work together, performance could be impacted? A. Storming B. Performing C. Forming D. Norming - CORRECT ANSWER a storming Which of the following is a response to negative risks that involves shifting the risk to another party? A. Avoid B. Transfer C. Mitigate D. Accept - CORRECT ANSWER b transfer During the "Manage Quality" process, we may use a(n) ______ to show the relationship between two variables. It helps us understand what might be contributing to a quality defect. A. Affinity Diagram B. Scatter Diagram C. Matrix Diagram D. Interrelationship Digraph - CORRECT ANSWER b

scatter All of the following are true about fixed price incentive fee (FPIF) contracts except: A. Incentives are awarded typically for meeting cost, schedule, or performance targets. B. The seller is reimbursed for all allowable expenses. C. The price is set at the start of the contract. D. Bonuses can be given if certain predetermined objectives are achieved - CORRECT ANSWER. The seller is reimbursed for all allowable expenses. b Which of the following processes involves aggregating the costs of individual activities to generate the cost baseline? A. Control Costs B. Estimate Costs C. Estimate Activity Durations D. Determine Budget - CORRECT ANSWER d determine budget Which of the following is an input to the "Plan Scope Management" process? A. Project Management Plan B. Scope Management Plan C. Expert Judgment D. Requirements Documentation - CORRECT ANSWER a project mgmt plan 20 Which of the following is not true about projects? A. They could end early if a project is terminated B. They could end if the need for the project no longer exists C. They do not impact operational stakeholders D. They produce a unique product, service, or result - CORRECT ANSWER c Which of the following is an input to "Plan Quality Management"? A. Enterprise Environmental Factors

B. Quality Management Plan C. Cost-Benefit Analysis D. Quality Checklists - CORRECT ANSWER A. Enterprise Environmental Factors All of the following are inputs of the "Identify Stakeholders" process except: A. Project Charter B. Business Documents C. Enterprise Environmental Factors D. Stakeholder Register - CORRECT ANSWER d stakeholder register The "Issue Log" is updated during each of the following processes except? A. Monitor Stakeholder Engagement B. Identify Stakeholders C. Plan Stakeholder Engagement D. Manage Stakeholder Engagement - CORRECT ANSWER c "Define Scope" is performed in which process group? A. Initiating B. Planning C. Executing D. Monitoring and Controlling - CORRECT ANSWER b

25. A project manager is overseeing the construction of a new restaurant. She receives feedback from experts on the project that customer seating can be installed one week after painting is complete. In this situation, which of the following processes were used? A. Define Activities B. Sequence Activities C. Develop Schedule D. Control Schedule - CORRECT ANSWER b sequence activties
26. Which of the following does not occur during the "Initiating" process group? A. Total scope is established B. The charter is authorized

C. Finances are committed D. Initial scope is proposed - CORRECT ANSWER A. Total scope is established

27. When collecting requirements, _____ may be used. These are focused, interactive sessions with key stakeholders to define product requirements. A. Interviews B. Facilitated Workshops C. Observations D. Benchmarking - CORRECT ANSWER b facilitated workshops
28. When collecting requirements, _____ may be used. These are used to gather early feedback on requirements by sharing a working version of a product. A. Prototypes B. Observations C. Benchmarking D. Focus Groups - CORRECT ANSWER a
29. If we apply a/an _____ when sequencing activities on our project, there is a successor that will be delayed with respect to a predecessor. A. Milestone B. Lead C. Activity D. Lag - CORRECT ANSWER lag
30. A project is underway to restore a classic video game using newly-available technology. During the project, the team spends time monitoring outcomes of quality activities to evaluate performance against expectations. What is an input to that particular process? A. Quality Control Measurements B. Verified Deliverables C. Work Performance Reports D. Deliverables - CORRECT ANSWER d

31. Which of the following quality management tools are used to organize and display the origins of a quality problem? They are also known as fishbone diagrams. A. Cause and Effect Diagrams B. Histograms C. Control Charts D. Pareto Diagrams - CORRECT ANSWER a
32. Which of the following processes involves approximating the labor and material needed for activities? A. Develop Schedule B. Estimate Activity Resources C. Determine Budget D. Estimate Activity Durations - CORRECT ANSWER b
33. As you manage a project, which of the following questions would not be asked when considering how to tailor the processes within Project Communication Management to your own project? A. How many languages are used? B. Does the organization have a formal knowledge management repository? C. What is the physical location of team members? D. What is the most appropriate lifecycle approach? - CORRECT ANSWER d
34. Which of the following best describes a leader (as opposed to a manger)? A. Do things right B. Focus on operational issues C. Challenge the status quo D. Rely on control - CORRECT ANSWER C. Challenge the status quo
35. Which of the following techniques for developing the schedule involves fast tracking or crashing the schedule to finish remaining project activities on time. A. Critical Path Method

B. Agile Release Planning C. Resource Optimization D. Schedule Compression - CORRECT ANSWER d schedule compression

36. When determining the budget, we may use this technique, which involves reviewing data from previous projects to generate estimates. A. Funding Limit Reconciliation B. Historical Information Review C. Project Funding Requirements D. Cost Aggregation - CORRECT ANSWER b
37. If a project manager aggregates estimates of low-level WBS components to generate an estimate of activity durations, this is referred to as: A. Bottom-Up Estimating B. Analogous Estimating C. Parametric Estimating D. Three-Point Estimating - CORRECT ANSWER a
38. Dependencies that are legally required or inherent in the nature of the project work are: A. Mandatory B. Discretionary C. External D. Internal - CORRECT ANSWER a
39. During the "Manage Quality" process, we may use a/an ______, which organizes causes of defects into categories. A. Design for X B. Affinity Diagram C. Scatter Diagram D. Matrix Diagram - CORRECT ANSWER b