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Q425. Life cycle costing ________________.

A. Includes acquisition, operating, and disposal costs when evaluating various alternatives

B. Includes only the cost of the development or acquisition of a product or service

C. Does not take into consideration the effect of project decisions on the cost of using the resulting product

D. Both B and c

Answer: A


Q426. Tools and techniques used during the Plan Quality process include ___________.

A. Benefit/Cost analysis

B. Benchmarking

C. Quality Audits

D. Both A and B

Answer: D


Q427. A project plan is:

A. A formal, approved document used to guide both project execution and project control.

B. A document issued by senior management that provides the project manager with the authority to apply organizational resources to project activities.

C. A narrative description of products or services to be supplie

D. A document describing the organizational breakdown structure of the company.

Answer: A


Q428. When should the project expeditor form of organization be used?

A. When the project is extremely important to the organization

B. When a project's cost and importance are relatively low

C. When the project manager has a lot of responsibility and accountability

D. When the organization's primary source of revenue is derived from projects

Answer: B


Q429. Which document is best suited for tracking the assignment of all resources to specific tasks in a project?

A. RACI mAl,x

B. sow

C. Staffing management plan D)0 CPI

Answer: A


Q430. What is the purpose of the WBS?

A. To show which work elements have been assigned to organizational units.

B. To ensure that all work within a project is identified and defined within a common framework.

C. To show the organizational structure of a program.

D. all of the above

Answer: B


Q431. As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following?

A. Documenting and meeting the requirements

B. Reporting project status regularly and in a timely manner

C. Documenting and meeting the performance measurements

D. Reporting changes and updating the project plan and other project documents where appropriate

Answer: A


Q432. An example of a project is:

A. Billing customers

B. Managing an organization

C. Constructing a building

D. Providing technical support

Answer: C