PMP Exam; Questions with Complete Solutions
80/20 rule Correct Answer-A general guideline with many applications; in
terms of controlling processes, it contends that a relatively large number of
problems or defects, typically 80%, are commonly due to a relatively small
number of causes, typ...
PMP Exam; Questions with Complete Solutions
80/20 rule Correct Answer-A general guideline with many applications; in
terms of controlling processes, it contends that a relatively large number of
problems or defects, typically 80%, are commonly due to a relatively small
number of causes, typically 20%.
AB testing Correct Answer-A marketing approach used to determine user
preferences by showing different sets of users similar services with one
independent variable.
AC*
(Actual Cost) Correct Answer-The realized cost incurred for the work
performed on an activity during a specific time period.
accept Correct Answer-A strategy for managing negative risks or
opportunities that involves acknowledging a risk and not taking any action until
the risk occurs.
acceptance criteria Correct Answer-A set of conditions that is required to be
met before deliverables are accepted.
active listening Correct Answer-A communication technique that involves
acknowledging what you hear, and clarifying the message to confirm that what
you heard matches the message that the sender intended.
activity attributes* Correct Answer-Multiple attributes associated with each
schedule activity that can be included within the activity list.
,PMP Exam; Questions with Complete Solutions
activity dependency Correct Answer-A logical relationship that exists
between two project activities. The relationship indicates whether the start of
an activity is contingent upon an event or input from outside the activity.
activity duration estimates* Correct Answer-The quantitative assessments of
the likely number of time periods that are required to complete an activity.
activity list* Correct Answer-A documented tabulation of schedule activities
that shows the activity description, activity identifier, and a sufficiently detailed
scope-of-work description so project team members understand what work is to
be performed.
activity* Correct Answer-A distinct, scheduled portion of work performed
during the course of a project.
administrative closure Correct Answer-Involves verifying and documenting
project results to formalize project or phase completion.
Affinity diagram* Correct Answer-A technique that allows large numbers of
ideas to be classified into groups for review and analysis.
agile life cycles* Correct Answer-A project life cycle that is iterative or
incremental. Also referred to as change- driven or adaptive, they work well in
environments with high levels of change and ongoing stakeholder involvement
in a project.
Agile project management Correct Answer-A project management
methodology that uses an iterative and incremental approach that focuses on
,PMP Exam; Questions with Complete Solutions
customer value and team empowerment. In agile project management, the
product is developed in iterations by small and integrated teams.
Agile release planning Correct Answer-A process in which you determine the
number of iterations or Sprints that are needed to complete each release, the
features that each iteration will contain, and the target dates of each release
agreements* Correct Answer-Any documents or communication that defines
the initial intentions of a project. Examples include contracts, memorandums of
understanding (MOUs), service level agreements (SLAs), letters of agreement,
letters of intent, verbal agreements, email, or other written agreements.
analogous estimating* Correct Answer-A technique for estimating the
duration or cost of an activity on a project using historical data from a similar
activity or project.
approved change requests Correct Answer-Change requests that have been
reviewed and approved by the change control board (CCB) and are ready to be
scheduled for implementation.
assumption and constraint analysis Correct Answer-A process that explores
the validity of the project assumptions within the constraints and identifies risks
from any incompleteness or inaccuracy of these project assumptions.
attribute sampling data Correct Answer-Data that is counted such as the
number of product defects or customer complaints.
, PMP Exam; Questions with Complete Solutions
auditing Correct Answer-An examination of a project's goals and
achievements, including adequacy, accuracy, efficiency, effectiveness, and the
project's compliance with applicable methodologies and regulations. It tends to
be a formal, one-sided process that can be extremely demoralizing to team
members.
autocratic Correct Answer-Using this group decision-making method, one
member of the group makes the decision. In most cases, this person will
consider the larger group's ideas and decisions, and will then make a decision
based on that input.
avoid Correct Answer-A strategy for managing negative risks or threats that
involves changing the project management plan to remove the risk entirely by
extending the schedule, changing the strategy, increasing the funding, or
reducing the scope.
BAC*
(Budget at Completion) Correct Answer-The sum of all budgets established
for the work to be performed.
bar chart* Correct Answer-A graphic display of schedule-related information.
In the typical bar chart, schedule activities or WBS components are listed down
the left side of the chart, dates are shown across the top, and activity durations
are shown as date-placed horizontal bars.
benchmarking* Correct Answer-The comparison of actual or planned
products, processes, and practices to those of comparable organizations to
identify best practices, generate ideas for improvement, and provide a basis for
measuring performance.
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