Free Access PMI.PMP.v2024-10-21.q999 Practice Test (Page 194)

Question 961

Definitions of probability and impact, revised stakeholder tolerances, and tracking are components of which subsidiary plan?

A.Cost management plan

B.Quality management plan

C.Communications management plan

D.Risk management plan

Question 962

The Project Manager is creating an estimate for a housing development. This is something for which he is quite experienced. The client needs the estimate in four hours. Which of the following types of estimates make the most sense to use?

A.Analogous

B.Gut feel

C.Bottom-up

D.Parametric

Question 963

Which tool or technique is effective in a project in which the deliverable is not a service or result?

A.Variance analysis

B.Inspection

C.Product analysis

D.Decomposition

Question 964

The process of identifying and documenting relationships among the project activities is known as:

A.Develop Schedule.

B.Control Schedule.

C.Define Activities.

D.Sequence Activities.

Question 965

Every status meeting should have time allotted for Risk Monitoring and Control. Which of the following sentences is not true?

A.Risk identification and monitoring should occur throughout the life of the project.

B.Risk audits should occur throughout the life of the project and are specifically interested in measuring the team's performance in the Risk Identification and Risk Monitoring and Control processes.

C.Risks should be monitored for their status and to determine whether the impacts to the objectives have changed.

D.Technical performance measurement variances may indicate that a risk is looming and should be reviewed at status meetings.

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