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Free PPM-001 Exam Braindumps (page: 67)

Page 67 of 164
PDF with 650 Questions

Which of the following would most likely increase the accuracy of estimating the project cost?

  1. Using historical data.
  2. Pricing out the work at lower levels in the work breakdown structure.
  3. Both 1) Pricing out the work at lower levels in the work breakdown structure, and 2) Talking to people who have worked on similar projects.
  4. Talking to people who have worked on similar projects.
  5. 1) Pricing out the work at lower levels in the work breakdown structure, and 2) Talking to people who have worked on similar projects, and 3) Using historical data.

Answer(s): E



You are a project manager of Software Product Company. After hired a person you got to know that many of this person's ideas were developed by the competing company. Are you going to implement the same ideas?

  1. Accept the new ideas.
  2. Ask to sign NDA.
  3. Ignore the ideas because it may be violation of code of conduct.
  4. Tell the person that he should not mention that the ideas came from another company.

Answer(s): A

Explanation:

Unless the employee signed the NDA with his or her previous organization, there is no obligation for him or her not to share knowledge that was gained while working for the competitor.



Risk Event Status is defined as _____ .

  1. Both 1) the severity of the consequences, and 2)how likely the event is to occur with risk.
  2. (Cost + Benefit + Business Risk) / Insurable Risk.
  3. how likely the event is to occur with risk.
  4. Risk Probability x Amount At Stake.
  5. the severity of the consequences.

Answer(s): D



Which statement is TRUE about Present Value(PV)?

  1. The difference in benefit received between a chosen project and a project that was not chosen
  2. The interest rate that makes the net present value of all cash flow equal zero
  3. The value today of future cash flow
  4. The present value of cash inflow less the present value of cash outflow

Answer(s): C

Explanation:

Present Value(PV): The value today of future cash flow. The higher the PV, the better.



Page 67 of 164



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