Question 1
Which of the following are risk responses? (Select TWO)
A. Delaying
B. Analysis
C. Acceptance
D. Avoidance
E. Work around
Question 2
When handling multiple changes on a project, which of the following would be the BEST format in which to inform the team?
A. Follow the communication plan
B. Email documentation
C. Fax documentation
D. Hold a meeting with the project team
Question 3
While developing a project schedule, which of the following are purposes of a milestone? (Select TWO)
A. Milestones are not required since the major events are already placed in the project work plan without durations
B. Milestones are considered a placeholder in time for a major event
C. Milestones have no duration
D. Milestones are indicators that any of the project major events have already taken place
E. Milestones require a duration indication as to provide the key stakeholders of information as a key performance indicator (KPI)
Question 4
Which of the following is a formula for estimating?
A. (BAC-EV)/CPI
B. Actual Cost + Estimated Time to Completion
C. EV/PV
D. (Optimistic + (4 x Most Likely) + Pessimistic) / 6
Question 5
Which of the following network diagram methods uses arrows to represent activities, but is limited because it can only represent Finish-to-Start dependencies?
A. Arrow Diagramming Method (ADM)
B. Work Breakdown Structure (WBS)
C. Precedence Diagramming Method (PDM)
D. Critical Path Method (CPM)
Question 6
Which of the following is the key characteristic of the WBS?
A. It represents the entire scope of work for the project
B. assists the project manager with the qualified vendor selection process
C. It should be developed by others outside the project team as to eliminate bias
D. Eighty percent of the work packages will be developed by twenty percent of the project team
Question 7
Which of the following tools is used for determining activity schedules based on optimistic, most likely and pessimistic estimates?
A.