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The process for performing variance analysis may vary, depending on:
scenario building, technology forecasting, and forecast by analogy.
working relationships among various stakeholders and team members.
application area, the standard used, and the industry,
work to be completed next.
Risk responses reflect an organization's perceived balance between:
risk taking and risk avoidance.
known risk and unknown risk.
identified risk and analyzed risk.
varying degrees of risk.
A tool and technique used during the Collect Requirements process is:
prototypes.
expert judgment.
alternatives identification.
product analysis.
Resource calendars are included in the:
staffing management plan.
work breakdown structure (WBS).
project communications plan.
project charter.
A project lifecycle is defined as:
a collection of generally sequential and sometimes overlapping project phases.
a process required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.
a recognized standard for the project management profession.
the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
At the end of the project, what will be the value of SV?
Positive
Zero
Negative
Greater than one
A tool and technique used during the Define Scope process is:
facilitated workshops.
observations.
questionnaires and surveys.
group creativity techniques.
How should a stakeholder who is classified as high power and low interest be grouped in a power/interest grid during stakeholder analysis?
Keep satisfied
Keep informed
Manage closely
Monitor
Which is one of the determining factors used to calculate CPI?
EV
SPI
PV
ETC
Projects are separated into phases or subprojects; these phases include:
feasibility study, concept development, design, and prototype.
initiate, plan, execute, and monitor.
Develop Charter, Define Activities, Manage Stakeholder Expectations, and Report Performance.
Identify Stakeholders, develop concept, build, and test.
TESTED 22 Aug 2025
