PMP Quiz 22 September 2017 Your project is considered very risky. You plan to perform numerous what-if scenarios on your schedule using simulation software that will define each schedule activity and calculate a range of possible durations for each activity. The simulation then will use the collected data from each activity to calculate a distribution curve (or range) for the possible outcomes of the total project. Your planned approach is an example of which following technique? Answer

PMP Quiz 21 September 2017 Which of the following theorists stated that people generally are motivated according to the strength of their desire either to achieve high levels of performance or to exceed in competitive situations? Answer

PMP Quiz 20 September 2017 At the time the risk register is first prepared, it should contain all the following entries EXCEPT— Answer

PMP Quiz 19 September 2017 A final project report is a recommended best practice. Although this report can be organized in a variety of ways, how should each item that is covered in the report be addressed? Answer

PMP Quiz 18 September 2017 You work for an electrical utility company and will be managing a project to build a new substation that will serve a new industrial park. This project was authorized because of a— Answer

PMP Quiz 15 September 2017 One output of the control costs process is cost forecasts, which is when— Answer

PMP Quiz 14 September 2017 Each time you meet with your project sponsor, she emphasizes the need for cost control. To address her concerns, you should provide— Answer

PMP Quiz 13 September 2017 Motivation is dynamic and complex. The statement, “Motivation is an intrinsic phenomenon. Extrinsic satisfaction only leads to movements, not motivation” is attributed to which of the leading theories of motivation? Answer

PMP Quiz 12 September 2017 You are trying to determine whether or not to conduct 100% final system tests of 500 ground-based radar units at the factory. The historical radar field failure rate is 4%; the cost to test each unit in the factory is $10,000; the cost to reassemble each passed unit after the factory test is $2,000; the cost to repair and reassemble each failed unit after factory test is $23,000; and the cost to repair and reinstall each failed unit in the field is $350,000. Using decision tree analysis, what is the expected value if you decide to conduct these tests? Answer

PMP Quiz 11 September 2017 Your company is in the project management training business. In addition, the company publishes several exam study aids for the PMP® and CAPM® exam. You have your PMP®, and you have been appointed as the project manager to make sure your company’s training materials are updated to be aligned with the new PMBOK® Guide. You must complete your project in six months. You are now in month four. Many of your team members have been working on other projects as the company uses matrix management. In a performance review meeting today, you informed your Governance Board that you did not think you could complete this project in the remaining two months. You were informed that additional resources were not available, but you had to complete your project on time. Your best course of action is to— Answer