Question 201
You are constructing a probability and impact matrix for your project. Which of the following statements is true?
Question 202
Skills necessary for project management such as motivating to provide encouragement; listening actively; persuading a team to perform an action; and summarizing, recapping, and identifying next steps are known as:
Question 203
As project manager, you identified a number of acceptable tolerances as part of your earned value management system. During execution, some "unacceptable" variances occurred. After each "unacceptable" variance occurred, you did which one of the following first?
Question 204
There are three uses and types of Pareto analysis. If you wish to provide a measure of significance to factors that at first may not appear to be significant at all, you should use a______________
Question 205
In a project, a Cost incentive contract has been awarded to a contractor with the following parameters:
Target cost: $1,000,000 Target contractor fee: $100,000 Cost benefit sharing ratio: 80%/20% Price ceiling: $1,200,000
What is the Point of total assumption (PTA, Breakpoint) of the project?
Target cost: $1,000,000 Target contractor fee: $100,000 Cost benefit sharing ratio: 80%/20% Price ceiling: $1,200,000
What is the Point of total assumption (PTA, Breakpoint) of the project?