PMI PMP Quiz 7 Topic 2 Questions 31-35

Question: 1

A tool or technique used during the Administer Procurements process is:

AExpert judgment.

BBidder conference.

CProcurement negotiation.

DPerformance reporting.

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Question: 2

What is the critical chain method?

AA technique to calculate the theoretical early start and finish dates and late start and finish dates

BA schedule network analysis technique that modifies the project schedule to account for limited resources

CA schedule compression technique that analyzes cost and schedule trade-offs to determine how to obtain the greatest amount of compression for the least incremental cost

DA technique to estimate project duration when there is a limited amount of detailed information about the project

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Question: 3

Schedule milestones and a predefined budget are examples of:

AProject constraints.

BRequirements documentation.

COrganizational process assets.

DActivity cost estimates.

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Question: 4

Cost variance (CV) is equal to earned value:

AMinus actual cost [EV - AC].

BMinus planned value [EV - PV].

CDivided by actual cost [EV/AC].

DDivided by planned value [EV/PV].

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Question: 5

Cost of quality (COQ) refers to total cost of/to:

AAll efforts related to quality.

BProduct inspection activities.

CMaintain plan quality.

DPerform quality control.

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PMI PMP Quiz:7 Topic:2 Questions:31-35