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NEW QUESTION 36
All the following statements regarding critical chain method are true EXCEPT______________

A. Duration buffers are added on the critical pathB. The first step is to use conservative estimates for activity durationsC. It focuses on managing buffer activity durationsD. It modifies the schedule to account for limited resources

Answer: B

Explanation:
Explanation/Reference:
Explanation:
When using critical chain techniques, the initial project schedule is developed using duration estimates with required dependencies and defined constraints as inputs.

 

NEW QUESTION 37
You are working on the next generation of software for mobile phones for your telecommunications company. While time to market is critical, you know from your work on other projects that management reviews can be helpful and plan to use them on your project. You are documenting them as part of your______________.

A. Governance planB. Performance reviewsC. Project management planD. Change management plan

Answer: C

Explanation:
Explanation/Reference:
Explanation:
The project management plan describes how the project will be executed and monitored and controlled.
While it contains a number of subsidiary plans, it also contains other items including information on key management reviews for contents, their extent, and timing to address open issues and pending decisions.

 

NEW QUESTION 38
The project team learns from a key stakeholder that some deliverables have been forwarded for approval without their knowledge. What should the project manager have done to prevent this situation?

A. Consulted the most recent meeting minutes related to the deliverableB. Notified the project teamC. Scheduled a meeting with the customer and the project teamD. Verified the communications management plan

Answer: D

Explanation:
Section: Executing

 

NEW QUESTION 39
Which of the following statements are FALSE regarding sensitivity analysis?

A. Sensitivity analysis is useful for determining the relative importance of variables that have a high degree of uncertainty to those that have lower uncertaintyB. A tornado diagram is a display of sensitivity analysisC. None of the choices are correctD. Sensitivity analysis helps determine which risks have the most potential impact on the projectE. Sensitivity analysis examines how variation and uncertainty of individual project element impacts of project objective, assuming all other project elements re varied concurrently

Answer: E

 

NEW QUESTION 40
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