Which tool is used to develop technical details within the project management plan?


A. Expert judgment
B. Project management methodology
C. Project management information system (PMIS)
D. Project selection methods

A work package has been scheduled to cost $1,000 to complete and was to be finished today. As of today, the actual expenditure is $1,200 and approximately half of the work has been completed. What is the cost variance?

A. -700
B. -200
C. 200
D. 500
-700
B. -200
C. 200
D. 500

Which Project Management Process Group includes Collect Requirements, Define Activities, Sequence Activities, Perform Qualitative Risk Analysis, and Perform Quantitative Risk Analysis?


A. Initiating
B. Monitoring and Controlling
C. Planning
D. Closing

Which process involves documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans?


A. Collect Requirements
B. Direct and Manage Project Execution
C. Monitor and Control Project Work
D. Develop Project Management Plan

Which type of analysis systemically gathers and analyzes qualitative and quantitative information to determine which interests should be taken into account throughout the project?


A. Product
B. Cost-benefit
C. Stakeholder
D. Research

What is the function of a Project Management Office (PMO)?


A. To focus on the coordinated planning, prioritization, and execution of projects and subprojects that are tied to the parent organizations or the client's overall business objectives.
B. To coordinate and manage the procurement of projects relevant to the parent organization's business objectives and to administer the project charters accordingly.
C. To administer performance reviews for the project manager and the project team members and to handle any personnel and payroll issues.
D. To focus on the specified project objectives and to manage the scope, schedule, cost, and quality of the work packages.

Identifying major deliverables, deciding if adequate cost estimates can be developed, and identifying tangible components of each deliverable are all part of which of the following?


A. Work breakdown structure
B. Organizational breakdown structure
C. Resource breakdown structure
D. Bill of materials

Which action should a project manager take to ensure that the project management plan is effective and current?


A. Conduct periodic project performance reviews.
B. Identify quality project standards.
C. Follow ISO 9000 quality standards.
D. Complete the quality control checklist.

Portfolio Management is management of:


A. a project by dividing the project into more manageable sub-projects.
B. a project by utilizing a portfolio of general management skills such as planning, organizing, staffing, executing, and controlling.
C. all projects undertaken by a company.
D. a collection of projects that are grouped together to facilitate effective management and meet strategic business objectives.

What is the total float of the critical path?


A. Can be any number
B. Zero or positive
C. Zero or negative
D. Depends on the calendar