Multiple Queries

What are the correct ans/explanations for below:

 

1. A project manager learns that corrective action was implemented by a team member, but not documented. What should the project manager do NEXT?
A. Report the violation to the functional manager.
B. Clarify the reasoning behind the team member’s action.
C. Add the implemented corrective action to the historical record.
D. Find out who caused the problem.
 
2. What is the BEST technique to determine project objectives?
a. Delphi technique
b. Earned value analysis
c. Expert interviews
d. Pareto
 
3. A tool/technique used in the Develop Human Resource plan process is:
a) Political factors
b) Organization chart
c) Personnel policies
d) Interpersonal factors
 
4. The cost of a contractor is $25 per hour. Two contractors working for 10 hours will cost $500. This is an example of:
a) Analogous estimating
b) Parametric estimating
c) Three-point estimating
d) Bottom-up estimating
 
5. Actual cost=$1000, Budget at completion=$800, cost performance index=0.5, Earned value= $600, the variance can occur again. The estimate at completion is:
a) $1000
b) $1400
c) $800
d) None of the above
 
6. The outputs of 'Activity Definition' and 'Create WBS' respectively are:
a) Activities and WBS
b) Components and Work pieces
c) Schedule activity and deliverable
d) None of the above
 
7. Risk register as an output of risk identification contains:
a) Identified risks and responses
b) Risk categories
c) Root causes of risks
d) All of the above
 
8. A basic research project has the goal of reducing the minimum feature dimension of integrated circuits by 200 times. Which of the following is true in this case for EVM?
a. It should not be applied in this case
b. It should be used to track technical team progress in meeting the research 
c. It should compare only planned and actual costs
d. It should measure the cost and schedule performance only for the key goal events and deliverables.
 
9. During which risk management process would you transfer a known risk?
A. Identify Risk
B. Perform Quantitative risk analysis
C. Plan Risk Response
D. Monitoring and control Risk
 
10. Which of the following statements about decomposition is the least correct?
A. Decomposition involves structuring and organizing the WBS so that
B. Decomposition requires a degree of expert judgment and also requires 
C. Decomposition is a tool and technique used to create a WBS.
D. Decomposition subdivides the major deliverables into smaller components deliverables are always listed at level one.close analysis of the project scope statement.until the work package level is reached.
 
11. Which of the following is the last activity to perform while closing a project?
A. Creating lessons learned
B. Releasing resources assigned to the project
C. Validate scope
D. Close procurements
 
12. A seller’s invoice arrived four months after his product was delivered and put to use on the project. This results in:
A. An unavoidable cost Variance
B. Project cash flow that changes the time phased budget
C. Little concern since estimated actuals can be used until the invoice is paid
D. An unavoidable schedule variance