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Free PMI CAPM Exam Braindumps (page: 35)

Page 35 of 276
PDF with 1163 Questions

Which cost is associated with nonconformance?

  1. Liabilities
  2. Inspections
  3. Training
  4. Equipment

Answer(s): A



Which tool or technique of the Define Activities process allows for work to exist at various levels of detail depending on where it is in the project life cycle?

  1. Historical relationships
  2. Dependency determination
  3. Bottom-up estimating
  4. Rolling wave planning

Answer(s): D

Explanation:

6.2.2.2 Rolling Wave Planning
Rolling wave planning is an iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level. It is a form of progressive elaboration.
Therefore, work can exist at various levels of detail depending on where it is in the project life cycle. During early strategic planning, when information is less defined, work packages may be decomposed to the known level of detail. As more is known about the upcoming events in the near term, work packages can be decomposed into activities.

Process: 6.2 Define Activities
Definition: The process of identifying and documenting the specific actions to be performed to produce the project deliverables.
Key Benefit: The key benefit of this process is to break down work packages into activities that provide a basis for estimating, scheduling, executing, monitoring, and controlling the project work.

Inputs
Schedule management plan Scope baseline
Enterprise environmental factors Organizational process assets

Tools & Techniques
Decomposition
Rolling wave planning
Expert judgment

Outputs
Activity list Activity attributes Milestone list



An output of the Create WBS process is:

  1. Scope baseline.
  2. Change requests.
  3. Accepted deliverables.
  4. Variance analysis.

Answer(s): A



A tool or technique used in the Control Procurements process is:

  1. Expert judgment.
  2. Performance reporting.
  3. Bidder conferences.
  4. Reserve analysis.

Answer(s): B

Explanation:

10.2.2.5 Performance Reporting
Performance reporting is the act of collecting and distributing performance information, including status reports, progress measurements, and forecasts. Performance reporting involves the periodic collection and analysis of baseline versus actual data to understand and communicate the project progress and performance as well as to forecast the project results.
Performance reporting needs to provide information at an appropriate level for each audience. The format may range from a simple status report to more elaborate reports and may be prepared regularly or on an exception basis. A simple status report might show performance information, such as percent complete or status dashboards for each area (i.e., scope, schedule, cost, and quality). More elaborate reports may include:
• Analysis of past performance,
• Analysis of project forecasts (including time and cost),
• Current status of risks and issues,
• Work completed during the period,
• Work to be completed in the next period,
• Summary of changes approved in the period, and
• Other relevant information, which is reviewed and discussed.

Process: 12.3 Control Procurements
Definition: The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as appropriate.
Key Benefit: The key benefit of this process is that it ensures that both the seller’s and buyer’s performance meets procurement requirements according to the terms of the legal agreement.

Inputs
1. Project management plan
2. Procurement documents
3. Agreements
4. Approved change requests

5. Work performance reports
6. Work performance data

Tools & Techniques
1. Contract change control system
2. Procurement performance reviews
3. Inspections and audits
4. Performance reporting
5. Payment systems
6. Claims administration
7. Records management system

Outputs
1. Work performance information
2. Change requests
3. Project management plan updates
4. Project documents updates
5. Organizational process assets updates






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