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

PMP Quiz 08 September 2017 The WBS represents all product and project work, including project management. It is sometimes called the— Answer

PMP Quiz 07 September 2017 You are pleased to be the project manager for a new video conferencing system for your global organization. You want it to be one that is easy to use and is state of the art. As the project manager, you also are the project leader. You realize leadership is critical throughout the phases of the project and its key elements are— Answer

PMP Quiz 06 September 2017 Your experience has taught you that inappropriate responses to cost variances can produce quality or schedule problems or unacceptable project risk. When leading a team meeting to discuss the importance of cost control, you note that cost control is concerned with— Answer

PMP Quiz 05 September 2017 The lessons learned documentation is an output from the— Answer