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Q185. Cathy is the project manager of the NNQ Project. She currently has completed 45 percent of the project but was scheduled to have 65 percent of the project completed. This project has a budget of $344,000 and was scheduled to last four months. Cathy has spent $198,998 to date on the project. Based on this information, what is the estimate at completion for the NNQ Project?
A. -$98,217.78
B. -$44,198
C. $441,025.64
D. $243,219.78
Answer: C
Q186. Which of the following is NOT an output of the control schedule process?
A. Organizational process assets
B. Change requests
C. Project termination request
D. Project document updates
Answer: C
Q187. Kenny is the project manager for the NHQ organization. She is creating the project duration estimates. She has stressed to her project team that they will need to create accurate and reliable project duration estimates without padding their estimates for errors or risks. Kenny is also relying on historical information to help her predict the duration of the project work. Jennifer, one of the project team members, wants to know how Kenny will account for the certain-to-happen errors and delays in the project schedule. What approach should Kenny use in the project?
A. Rewards and recognition for completing the project work without delays
B. Analogous estimating
C. Three-point estimates
D. Management reserve
Answer: D
Q188. You are the project manager of the NHQ project. This project deals with a new technology you’re your company has never used before. You have petitioned the management to hire a consultant to help you and the project team to create the WBS, the activity list, and complete the duration estimates. The management is concerned about the costs of the consultant, but agrees to your request because of the nature of this new work. The consultant can best be described as what type of resource for this project?
A. Direct expense
B. External requirement
C. Temporary resource
D. Expert judgment
Answer: D
Q189. Your organization wants to start a new project. The study shows that the new project will save organization approximately $200,000 per year. Now it is required to move forward with the project. Which of the following documents will define the project justification?
A. Feasibility study
B. Project charter
C. Work breakdown structure
D. Project scope
Answer: B
Q190. Which of the following provides a method to track project progress during project execution against what was planned?
A. Team members profile
B. Benefit-cost ratio
C. Schedule baseline
D. Detailed project budget
Answer: C
Q191. You are the project manager for your organization. You are working with your virtual team to create activity duration estimates for your current project. This virtual team is comprised of team members from around the world. Much of this process will be completed by geographical locations though some conferences will require all the team members to participate and to coordinate the activities that will interact between the different sites. The project manager must consider all of the following when creating the activity duration estimates except for which one?
A. Project calendar
B. Critical path
C. Resource calendar
D. Time zone differences
Answer: B
Q192. Fredrick works as a Project Manager for BlueWell Inc. A number of projects are running under his guidance. You, a team leader of a project, inform Fredrick about the performance indexes of your project.
The schedule performance index (SPI) of your project is 1.325. What does this figure indicate?
A. The schedule performance is better than expected.
B. The schedule performance is right on target.
C. The cost performance is better than expected.
D. The schedule performance is below expectation.
Answer: A