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A collection of commonly asked questions, with answers, about a specific subject, assembled in a conveniently organized list for easy reading.


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P

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ANSWER: B
Preventive action: A documented direction to perform an activity that can reduce the probability of negative consequences associated with project risks. Reference: PMBOK(r) Guide Fourth Edition, page 92
Keyword(s):
:
ANSWER: A
Pareto diagram mainly helps the project management team to quantify and categories the defects/issues according to sources ( engineering defects, setup problems, etc)
Keyword(s):
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ANSWER: D
33 percent. Chapter 6, Section 6.6.2.2 Variance = plan - actual.

i. Variance = 40 hours - 30 hours.
ii. Variance =10 hours.
iii. Percentage of variance = variance/plan * 100.
iv. Percentage of variance = 10 hours/30 hours * 100.
v. Percentage of variance = .33 * 100.
vi. Percentage of variance = 33 percent
Keyword(s):
:
ANSWER: B
PMBOK Guide 4th Edition, pages 181-183.
Keyword(s):
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ANSWER: D
Reference: PMBOK Guide 4th Edition, page 181-182.
Keyword(s):
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ANSWER: C
Report Performance? is the process of collecting and distributing performance information, including status reports, progress measurements, and forecasts, etc. Reference: PMBOK(r) Guide Fourth Edition, Page 63 and 266 Report Performance is a part of Monitoring and Controlling process group. Table 3-1, Page 43
Keyword(s):
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ANSWER: A
Reference: PMBOK Guide 4th Edition, page 188.
Keyword(s):
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ANSWER: A
Reference: Project Management, A Systems Approach to Planning, Scheduling and Controlling by H. Kerzner, 8th edition, page 582
Keyword(s):
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ANSWER: C
Reference: PMBOK Guide 4th Edition, page 184 (.EAC forecast for ETC work performed at the budgeted rate.).
Keyword(s):
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ANSWER: D
Reference: PMBOK Guide 4th Edition, pages 229-230.
Keyword(s):

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