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34 PMP Formulas in Detail Critical Path (CP) Definition: The critical path is the sequence of project network activities that represents the longest path through the project. It determines the minimum time required to complete the project. How to Calculate: To find the critical path, identify all the activities in the project and create a network diagram showing the dependencies and durations. The critical path includes activities with zero total float. Add up the durations of the critical...

EVM Graph Questions The EVM graph questions are one of the easiest questions to answer as you will only need to understand the meaning of the relative positions of the AC, PV and EV: • AC vs PV: whether the project is under or over budget (AC > PV = over budget; AC < PV = under budget) • EV vs PV: whether the project is ahead of or behind schedule (EV > PV = ahead of schedule; EV < PV = behind schedule) 1. With reference to the diagram below, it can be inferred that the pro...

An assessment of your project's situation suggest that the current market place conditions, suppliers and unique local requirements will have a significant influence the project's Procurement Management Plan that you are in the process of developing. These factors are collectively called: A. Project constraints. B. External environmental factors. C. Enterprize environment factors. D. Risks and assumptions. Answer: C Enterprize Environment Factors (EEF) are the conditions that are ...

Three things helped pave the way to the discovery of xrays 1. Electricity 2. Vacuums 3. ImageRecording Materials who discovered to the concept of electromagnetic induction and how? 1831 - Michael Faraday induced electric current by moving a magnet in and out of a coil Who produced the first radiograph, but wasn't credited for x-ray discovery? William Goodspeed produced a radiograph in 1890 • He was not credited with discovery of X ray

1. An annuitant would like to determine the amount of an annuity distribution that is exempt from taxation. What is used to calculate this? - Correct Answer - exclusion ratio 2. Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? - Correct Answer - 60 payments

1. What is another word for a mathematician who analyzes the probability of specific events occurring and values health or life insurance policies depending on the probability of those events occurring? Statistician Computator Actuary Economist ANSWER: Actuary An actuary is a mathematician who analyzes the probability of certain events occurring and then prices insurance policies depending on the probability of those events occurring

1. Following registration as an insurance broker, an individual: A. Is required to report any changes in status only at each renewal of registration. B. Is required to ensure that any change in his/her status is included in the next position report filed by his/her employer. C. Must confirm, in writing, every three (3) months to RIBO that there has been no change in the information originally filed. D. Must notify the Registered Insurance Brokers of Ontario if any information on the origin...

1. Which of the following is an important requirement for many licensed insurance professionals to renew their licenses? a) Attend at least five (5) insurance-related seminars every quarter b) Complete Adjuster’s Training c) Complete the Chartered Insurance Professionals (CIP) designation d) Complete the required number of Continuing Education (CE) hours 2. What does the Statutory Condition—Replacement require when an insurer chooses to repair, rebuild, or replace property following a...

1. A patient has requested three accounting-of-disclosures reports in the past month. Which of the following statements is true regarding the accounting of disclosure? - Correct Answer - The CE is allowed to charge a reasonable, cost-based fee for the second and third request for accounting disclosures and must inform the patient prior.

Certified Healthcare Constructor (CHC) Exam| Questions and Answers 1. What two types of med gas are required in a typical med/surg patient room? - Correct Answer - vacuum and oxygen according to Guidelines for Design and Construction of Health Care Facilities. 2. When should medical equipment modality selections ideally be made during the planning, design, and construction process? - Correct Answer - Before the end of SDs