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PMBOK NEW EXAM QUESTIONS AND ANSWERS 100% VERIFIED
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PMBOK NEW EXAM QUESTIONS AND ANSWERS 100% VERIFIEDAcceptance Criteria-ANSWER A set of conditions that is required to be met before
deliverable are accepted.
Accepted Deliverables-ANSWER Products, results, or capabilities produced by a
project and validated by the project customer or sponsors as meeting their specified
acceptance criteria.
Accuracy-ANSWER Within the quality management system, accuracy is an assessment
of correctness
Acquire Resources - ANSWER The process of assigning team members, and obtaining
facilities, equipment, materials, supplies, and other resources necessary to perform
project work
Acquisition - ANSWER Obtaining human and materiel resources, such as people, goods,
or materials, necessary to perform the project activities. Acquisition implies a cost of
resources, and is not necessarily financial.
Activity - ANSWER A distinct, scheduled and identifiable piece of work performed during
the course of a project.
Activity Attributes - ANSWER Multiple attributes associated with each schedule activity
that can be included within the activity list. Activity attributes include activity codes,
predecessor activities, successor activities, logical relationships, leads and lags,
resource requirements, imposed dates, constraints, and assumptions.
Activity Duration - ANSWER The time in calendar units between the start and finish of a
schedule activity. See also duration.
,Activity Duration Estimates - ANSWER The quantitative estimates of the likely number of
time periods that are required to complete an activity.
Activity List - ANSWER A written record of schedule activities that includes 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-on-Node (AON) - ANSWER See precedence diagramming method (PDM).
Actual Cost (AC)-ANSWER The actual cost realized incurred for the work performed on
an activity during a specific time period.
Actual Duration - ANSWER The actual length of time in calendar units between the
actual start date of the schedule activity and either the data date of the project schedule
if the schedule activity is in progress or the actual finish date if the schedule activity is
complete.
Adaptive Life Cycle - ANSWER An iterative or incremental project life cycle.
Affinity Diagram - ANSWER A technique that allows large numbers of ideas to be sorted
into groups for review and analysis.
agreements - ANSWER Any document or communication that defines the initial
intentions of a project. This takes the form of a contract, memorandum of understanding
(MOU), letters of agreement, verbal agreements, email, etc.
Alternatives Analysis - ANSWER A method by which identified options are analyzed in
order to select which options or approaches to use to execute and perform the work of
the project.
Analogous Estimating - ANSWER A technique for estimating the duration or cost of an
activity or a project using historical data from a similar activity or project.
,Analytical Techniques - ANSWER Various techniques used to evaluate, analyze, or
forecast possible outcomes based on possible variations of project or environmental
variables and their relationships with other variables.
assumption - ANSWER A factor in the planning process that is considered to be true,
real, or certain, without proof or demonstration.
Assumption log - ANSWER A project document used to record all assumptions and
constraints throughout the project life cycle.
Attribute Sampling - ANSWER Method of measuring quality that consists of noting the
presence (or absence) of some characteristic (attribute) in each of the units under
consideration. After each unit is inspected, the decision is made to accept a lot, reject it,
or inspect another unit.
Authority - ANSWER The right to apply project resources, expend funds, make
decisions, or give approvals.
Backward Pass - ANSWER A technique for calculating the late start and late finish dates
by working backward through the schedule model from the project end date.
Bar Chart - ANSWER A graphical presentation of schedule-related data. In the normal
bar chart, schedule activities or work breakdown structure 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. See also Gantt chart.
Baseline - ANSWER The approved version of a work product that can be changed only
through formal change control procedures and is used as a basis for comparison to
actual results.
Basis of Estimates - ANSWER Supporting documentation outlining the details used in
establishing project estimates such as assumptions, constraints, level of detail, ranges,
, and confidence levels.
Benchmarking - 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.
Benefits Management Plan - ANSWER The documented explanation defining the
processes for creating, maximizing, and sustaining the benefits provided by a project or
program.
Bid Documents - ANSWER All documents used to solicit information, quotations, or
proposals from prospective sellers.
Bidder Conference - ANSWER The meetings with prospective sellers prior to the
preparation of a bid or proposal to ensure all prospective vendors have a clear and
common understanding of the procurement. Also known as contractor conferences,
vendor conferences, or pre-bid conferences.
Bottom-Up Estimating - ANSWER A method of estimating project duration or cost by
aggregating the estimates of the lower-level components of the work breakdown
structure (WBS).
Budget - ANSWER The approved estimate for the project or any work breakdown
structure component or any schedule activity.
Budget at Completion (BAC) - ANSWER The sum of all budgets established for the work
to be performed.
reserve - ANSWER A provision in the project management plan to mitigate cost and/or
schedule risk. Often used with a modifier (e.g., management reserve, contingency
reserve) to provide further detail on what types of risk are meant to be mitigated.
Buffer - ANSWER A provision in the project management plan to mitigate cost and/or
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