Which of the following is contained within the communications management plan?
Answer(s): B
10.1.3.1 Communications Management PlanThe communications management plan is a component of the project management plan that describes how project communications will be planned, structured, monitored, and controlled. The plan contains the following information:Stakeholder communication requirements;Information to be communicated, including language, format, content, and level of detail; Reason for the distribution of that information;Time frame and frequency for the distribution of required information and receipt of acknowledgment or response, if applicable;Person responsible for communicating the information;Person responsible for authorizing release of confidential information; Person or groups who will receive the information;Methods or technologies used to convey the information, such as memos, e-mail, and/or press releases; Resources allocated for communication activities, including time and budget;Escalation process identifying time frames and the management chain (names) for escalation of issues that cannot be resolved at a lower staff level;Method for updating and refining the communications management plan as the project progresses and develops;Glossary of common terminology;Flow charts of the information flow in the project, workflows with possible sequence of authorization, list of reports, and meeting plans, etc.; andCommunication constraints usually derived from a specific legislation or regulation, technology, and organizational policies, etc.The communications management plan can also include guidelines and templates for project status meetings, project team meetings, e-meetings, and e-mail messages. The use of a project website and project management software can also be included if these are to be used in the project.
Which of the following is a tool and technique for Estimate Activity Durations?
Answer(s): A
7.2.2.3 Parametric EstimatingParametric estimating uses a statistical relationship between relevant historical data and other variables (e.g., square footage in construction) to calculate a cost estimate for project work. This technique can produce higher levels of accuracy depending upon the sophistication and underlying data built into the model. Parametric cost estimates can be applied to a total project or to segments of a project, in conjunction with other estimating methods.Process: 6.5 Estimate Activity DurationsDefinition: The process of estimating the number of work periods needed to complete individual activities with estimated resources.Key Benefit: The key benefit of this process is that it provides the amount of time each activity will take to complete, which is a major input into the Develop Schedule process.Inputs1. Schedule management plan2. Activity list3. Activity attributes4. Activity resource requirements5. Resource calendars6. Project scope statement7. Risk register8. Resource breakdown structure9. Enterprise environmental factors10. Organizational process assetsTools & Techniques1. Expert judgment2. Analogous estimating3. Parametric estimating4. Three-point estimating5. Group decision-making techniques6. Reserve analysisOutputs1. Activity duration estimates2. Project documents updates
Projects can be divided into phases to provide better management control. Collectively, what are these phases known as?
Answer(s): C
Which schedule network analysis technique modifies the project schedule to account for limited resources?
6.6.2.3 Critical Chain MethodThe critical chain method (CCM) is a schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties. It is developed from the critical path method approach and considers the effects of resource allocation, resource optimization, resource leveling, and activity duration uncertainty on the critical path determined using the critical path method. To do so, the critical chain method introduces the concept of buffers and buffer management. The critical chain method uses activities with durations that do not include safety margins, logical relationships, and resource availability with statistically determined buffers composed of the aggregated safety margins of activities at specified points on the project schedule path to account for limited resources and project uncertainties. The resource-constrained critical path is known as the critical chain.
Which of the following is an output of the Monitor and Control Project Work process?
Process: 4.4. Monitor and Control Project WorkDefinition: Monitor and Control Project Work is the process of tracking, reviewing, and reporting the progress to meet the performance objectives defined in the project management plan.Key Benefit: The key benefit of this process is that it allows stakeholders to understand the current state of the project, the steps taken, and budget, schedule, and scope forecasts.Inputs1. Project management plan2. Schedule forecasts3. Cost forecasts4. Validated changes5. Work performance information6. Enterprise environmental factors7. Organizational process assetsTools & Techniques1. Expert judgment2. Analytical techniques3. Project management information system4. MeetingsOutputs1. Change requests2. Work performance reports3. Project management plan updates4. Project documents updates
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