Free Access PMI.PMP.v2024-07-31.q999 Practice Test (Page 164)

Question 811

What is the difference between management reserves and contingency reserves?

A.Contingency reserves address known unknowns, whereas management reserves address unknown unknowns.

B.Contingency reserves are managed by senior management, whereas management reserves are managed by the project manager.

C.Contingency and management reserves both address known unknowns and could be considered the same.

D.Contingency reserves address known knowns, whereas management reserves address known unknowns.

Question 812

You are in the process of estimating the number of work periods that will be needed to complete individual schedule activities. All of the following are tools techniques you can use EXCEPT:

A.Estimation duration by using contingency reserves

B.Estimating duration by multiplying the quantity of work to be performed by productivity rate

C.Estimating duration by calculating the average of three duration estimates (most likely, optimistic, pessimistic)

D.Estimating duration by performing a forward pass and backward pass analysis through the project schedule network paths

E.Estimating duration from a previous similar schedule activities based upon historical information and expert judgment

Question 813

Which of the following is an example of a tool used in Plan Quality?

A.Fishbone diagram

B.Cause and effect diagram

C.Quality audit

D.Benchmarking

Question 814

On a project with multiple international locations, a trend lord delays have been lagged When looking into the issue, the project manager realized that some of the key activities were scheduled over the holiday periods in the overseas offices.
What should the project manager do next?

A.Hire additional personnel on a temporary basis to cover the extra workload during the holiday seasons.

B.Update the schedule to reflect the holidays and notify the project sponsor of the delayed completion.

C.Update the schedule to reflect the holidays and share the workload among offices to mitigate schedule slippage.

D.Request that the offices in overseas locations work overtone to mitigate schedule slippages

Question 815

A project manager should document the escalation path for unresolved project risks in the:

A.Communications management plan

B.Change control plan

C.Stakeholder register

D.Risk log

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Question 811

Question 812

Question 813

Question 814

Question 815

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