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Jenny is the project manager for her organization. Her project is not doing well on project schedule performance, and management wants her to predict how the project schedule and cost will end. Management has asked Jenny to report and forecast her project's performance based on the Judgmental methods. Which of the following judgmental methods will Jenny use to accomplish the task? Each correct answer represents a complete solution. Choose all that apply.
Correct : A, B, D
The judgmental forecasting method incorporates intuitive judgments, opinions and
subjective probability estimates. Some examples of
judgmental forecasting are as follows:
Composite forecasts
Surveys
Delphi method
Scenario building
Technology forecasting
Forecast by analogy
Answer option C is incorrect. Autoregressive moving average is an example of the
causal/econometric method.
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You work as a project manager for BlueWell Inc. You are creating the activity list for the project. The activity list is based on the work packages defined in the project's WBS. Activities provide a basis for all of the following information except for which one?
Correct : A
The project's scope baseline is not derived or provided by the project's activity list. The
scope baseline is made of the project's WBS, WBS
Dictionary, and the Project Scope Statement. The activity list provides for estimating, scheduling,
executing, and monitoring and controlling the
project work.
The scope baseline is an element of the project management plan. The contents of the scope
baseline include the following:
Project scope statement: It includes the product scope description and the project deliverables, and
defines the product user
acceptance criteria.
WBS: It defines each deliverable and the decomposition of the deliverables into work packages.
WBS dictionary: It contains the detailed description of work and technical documentation for each
WBS element.
Answer option D is incorrect. Estimates do provide a basis for creating time and cost estimates.
Answer option B is incorrect. Activities are executed in the project.
Answer option C is incorrect. Activities are scheduled as part of project planning.
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Tom is the project manager of the GHQ Project for his organization and he is working on recovering the project schedule. As Tom examines his schedule, he is especially aware of project activities with hard logic. What is hard logic?
Correct : D
Hard logic, also known as mandatory dependencies, describes activities that must be
completed in a particular order.
Hard logic is a binding connection between activities. It is also known as mandatory dependency or
hard dependency. Hard logic requires
activities to take place in a specific order according to the nature of work. It is a well-built connection
where an activity cannot start until and
unless a previous one is completed. There are also substantial hard logic connections where soft
logic does not usually apply. Several
activities rely on hard logic for the successful completion of the project.
Answer options B, A, and C are incorrect. These are not a valid description of hard logic.
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You are the project manager for your organization. You are working with your project team to create the schedule baseline for your project. You will also be creating the schedule data for this project. The schedule data typically includes all of the following except for which one?
Correct : A
Risk activities are not part of the schedule data. Risk is documented in the risk register,
and monitored and controlled throughout the project.
In some instances, risk may be part of the activity attributes. The schedule data includes the
schedule milestones, schedule activities, activity
attributes, and the assumptions and constraints.
The schedule data includes the schedule activities, schedule milestones, activity attributes, and
documentation of all known assumptions and
constraints. The sum of additional data varies by application area. The schedule data commonly
supplied as supporting details includes:
Resource requirement by time period, frequently in the category of histogram
Alternative schedules, such as best case or worst case, or resource leveled, with or without imposed
dates
Scheduling of contingency reserves
Answer option D is incorrect. Schedule milestones are part of the schedule data.
a
Answer option B is incorrect. Schedule activities are part of the schedule data.
Answer option C is incorrect. Activity attributes are part of the schedule data.
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What project management plan will document the time frame and frequency for the distribution of required information?
Correct : B
The project's Communications Management Plan defines what information will be distributed, when
it will be distributed, to whom it will be
distributed, and the modality of the information.
Answer option D is incorrect. The Schedule Management Plan defines the project work, when the
project work will happen, resource
utilization, and how the schedule will be monitored and controlled.
Answer option C is incorrect. There is a stakeholder management strategy, but not a Stakeholder
Management Plan.
Answer option A is incorrect. The project's Scope Management Plan defines how the scope will be
created, how the changes will be allowed,
how the scope will be executed, monitored and controlled, and finally closed.
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Total 326 questions