Project Management Professional (PMP) Exam Practice – Question1962

The project planning for the trade show is progressing on schedule. The Project Manager and the team are meeting to begin cost estimating. The sponsor has said that estimates must be very accurate. Which of the following estimating techniques will provide the
most accuracy?


A.
Cost estimating
B. Bottom-up estimating
C. Analogous estimating
D. Parametric estimating

Correct Answer: B

Project Management Professional (PMP) Exam Practice – Question1961

The Project Manager is creating an estimate for building a cellular infrastructure base station. It is something that is new to the Project Manager and his team. They decide to create a bottom-up estimate. All of the following are advantages of this type of estimate
except?


A.
It provides supporting detail of the estimate
B. It provides team buy-in when they help create it
C. It takes a great amount of time to create
D. There is a greater degree of accuracy because of the detail it was created at

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question1957

The Project Manager is creating an estimate for a housing development. This is something for which he is quite experienced. The client needs the estimate in four hours. Which of the following types of estimates make the most sense to use?


A.
Analogous
B. Gut feel
C. Bottom-up
D. Parametric

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question1956

You are the Project Manager on a merger and acquisition project. Activity A (3 days) and activity B (4 days) can start immediately. Activity C (2 days) can start after A and B are complete. Activity D (5 days) can begin after activity B is complete. Activity E (6 days)
can begin after activity B is complete. Activity F (4 days) can begin after activities C and D are complete. Activity G (5 days) can begin after activities D and E are complete. Activity H (4 days) can begin after activities F and G are complete. What is the critical
path?


A.
BCFH
B. BDFH
C. BEGH
D. ACFH

Correct Answer: C

Project Management Professional (PMP) Exam Practice – Question1955

The development team is building a new product for their company. This is a new product type at their company, and the market for the product is extremely unstable. According to the product manager a key to success will be to have an extremely accurate
estimate on the resource needs for the project, since the company is resource constrained. Which type of duration estimating approach is the most accurate?


A.
Bottom-up estimating
B. Parametric estimating
C. Fast tracking
D. Analogous estimating

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question1954

You are putting together the final schedule on your security encryption project. The problem you are having is that you don't have a consistent usage of your resources. Some are working 2 hours a day, some 16 hours a day, and there are some days when they
aren't scheduled to work at all. Which of the following below would fix this problem?


A.
Resource leveling
B. PERT analysis
C. Fast tracking
D. Crashing

Correct Answer: A