You are the Project Manager of the XYZ project. You want to find the planned expenses for next month. Which document do you need to refer to?
Cost Management Plan
Cost Control Plan
Cost Variance report
You are working on the project of painting of your house. You identify a dependency that the painting of roof should begin only after two days of completion of painting of walls. This is an example of :
Control Procurements is a process in the Project Procurement Management Knowledge area.
Which of the following theory was suggested by Deming?
Apply continuous small improvements to reduce costs and ensure consistency.
Expectancy theory - people expect to be rewarded for their efforts.
Plan-do-check-act to improve quality.
You are required to estimate the time to paint a large wall. You know it takes two hours to paint one square foot of wall. The wall has an area of 30 square foot. So you estimate that it will take 60 hours to paint the wall. Which estimation model are you using?
In which process of Project Risk Management knowledge area are numeric values assigned to probabilities and impact of risks?
Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis
Perform Numeric Risk Analysis
Plan Risk Response
Which of the following is an output of the Identify Risks process.
The process of Conduct Procurements is part of the planning phase.