QUESTION: 317 Exam Topic: 2, Volume B

As part of a mid-project evaluation, your project sponsor has asked you to provide a forecast of total project cost. You should calculate the forecast using which of the following methods?

Answer(s): B

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QUESTION: 318 Exam Topic: 2, Volume B

How is scheduled variance calculated using the earned value technique?

EV less AC
AC less PV
EV less PV
AC less EV

Answer(s): C

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QUESTION: 319 Exam Topic: 2, Volume B

The project management processes presented in the PMBOK Guide should:

Always be applied uniformly
Be selected as appropriate by the sponsor
Be selected as appropriate by the project team
Be applied based on ISO guidelines.

Answer(s): C

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QUESTION: 320 Exam Topic: 2, Volume B

Who is responsible for determining which processes from the Process Groups will be employed and who will be performing them?

Project sponsor and project manager
Project sponsor and functional manager
Project manager and project team
Project team and functional manager

Answer(s): C

Explanation:

The project management processes are presented as discrete elements with well- defined interfaces. However, in practice they overlap and interact in ways that are not completely detailed here. Most experienced project management practitioners recognize there is more than one way to manage a project. The specifics for a project are defined as objectives that must be accomplished based on complexity, risk, size, time frame, project team's experience, access to resources, amount of historical information, the organization's project management maturity, and industry and application area. The required Process Groups and their constituent processes are guides to apply appropriate project management knowledge and skills during the project. In addition, the application of the project management processes to a project is iterative and many processes are repeated and revised during the project. The project manager and the project team are responsible for determining what processes from the Process Groups will be employed, by whom, and the degree of rigor that will be applied to the execution of those processes to achieve the desired project objective.

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Free PPM-001 Exam Braindumps (page: 80)

QUESTION: 317 Exam Topic: 2, Volume B

QUESTION: 318 Exam Topic: 2, Volume B

QUESTION: 319 Exam Topic: 2, Volume B

QUESTION: 320 Exam Topic: 2, Volume B

Explanation: