The best way to ev - Study guides, Class notes & Summaries

You are evaluating the dependencies that exist currently within your risk management plan to determine its accuracy. Which of the following is best described as an action to verify that all risks have been identified, that plans have been created to handle risks, and that the individuals responsible for responding to the risks are prepared to take action? A Risk reassessment B Reserve analysis C Workaround D Risk audit - ANSWER-Correct answer: Risk audit A risk audit is an action to v...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...

CAPM Practice Exam 150 Questions with Verified Answers 1. The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called: - CORRECT ANSWER Management by Objectives 2. During the full life cycle of the project, a plot of the project's expected expenditures will usually follow a characteristic S curve. This indicates that: - CORRECT ANSWER The bulk of the project budget will be s...

1. One common way to compute estimate at completion (EAC) is to take the budget at completion (BAC) and: A. Divide by SPI B. Multiply by SPI C. Multiply by CPI D. Divide by CPI Answer D This question is asking for the formula for EAC, which is BAC/CPI. Notice how you will have to remember the formula to get the answer correct. 2. Estimate at completion (EAC) is a periodic evaluation of: A. The cost of work completed B. The value of work performed C. The anticipated total c...

Foundations of I/O Midterm Exam 170 Questions with Verified Answers What is I/O - CORRECT ANSWER The application of psychological theories to the workplace Industrial Pyschology - CORRECT ANSWER Associated with job analysis, training, selection, and performance measurement appraisal I/O psychologist - CORRECT ANSWER study the relationship of employees and behavior in the work place Organizational psychology - CORRECT ANSWER motivation, leadership, work-related attitudes, organizati...

CAPM PRACTICE EXAM 2|256 Questions with Verified Answers The experiences of an organization's members are the basis for its _________. A. culture B. structure C. operations D. maturity - CORRECT ANSWER The experiences of an organization's members are the basis for its _________. A= The culture of an organization is created by its members' experiences. Organizational structures can be: A.functional, strategic or balanced. B.functional, projectized or iterative. C....

CAPM Practice Test Hard 77 Questions with Verified Answers The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called: - CORRECT ANSWER management by objectives During the full life cycle of the project, a plot of the project's expected expenditures will usually follow a characteristic S curve. This indicates that: - CORRECT ANSWER The bulk of the project budget will be spe...

CAPM Practice Exam 150 Questions & Answers 2023/2024. 1. The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called: 2. During the full life cycle of the project, a plot of the project's expected expenditures will usually follow a characteristic S curve. This indicates that: 3. In which project lifecycle phase would you expect to have the greatest influence on overall ...

A project team has examined the degree of variance relative to the scope baseline. The project manager needs to know if the variance has been improving or deteriorating as the project has progressed. What should the project manager do next? A. Conduct product analysis B. Perform variance analysis C. Perform trend analysis D. Complete stakeholder analysis - ANSWER-C. Perform trend analysis Explanation : Trend analysis is used to determine if the variance has been improving or det...

1. The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called: 2. During the full life cycle of the project, a plot of the project's expected expenditures will usually follow a characteristic S curve. This indicates that: 3. In which project lifecycle phase would you expect to have the greatest influence on overall project cost? 4. Requirement is - 5. TQM is - 6. Which describes ...