1 | Projects are initiated due to |
2 | Which reason triggers initialization of projects? |
3 | All of the following statements concerning project stakeholders are true except |
4 | All the statements regarding control accounts and planning packages are true except: |
5 | Which type of bilateral contract is used for high dollar, standard items? |
6 | Three Point Statistical Estimating Formula Group. Expected Value = |
7 | A company has to make a choice between two projects, because the available resources in money and kind are not sufficient to run both at the same time. Each project would take 9 months and would cost $250,000.
1. The first project is a process optimization which would result in a cost reduction of $120,000 per year. This benefit would be achieved immediately after the end of the project.
2. The second project would be the development of a new product which could produce the following net profits after the end of the project:
1. year: $ 15,000
2. year: $ 125,000
3. year: $ 220,000
Assumed is a discount rate of 5% per year. Looking at the present values of the benefits of these projects in the first 3 years, what is true?
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8 | What is not the purpose of Configuration control when Configuration management is applied in a project? |
9 | Your customer asks for a small change in the project, which was not budgeted in the project. It is a small effort as compared to the total project and you need the goodwill for a multimillion dollar on the pipeline. You will |
10 | Communication is the PRIME responsibility of a Project: |
