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OMIS 352 SAMPLE FINAL EXAM 2024 ACTUAL QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION The most difficult and unappreciated process in project management is often Ans- Planning Recognizing an employee as the "Star Performer of the Month" would be satisfying the _____ need of the Maslow's hierarchy of needs. Ans- Esteem The _____ line for any e-mail messages you write should clearly state the intention of the e-mail. Ans- Subject The process of controlling costs primarily involves...

CAPM Exam Knowledge Check with complete Solutions. Cost Variance formula ️ Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? ️ Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) ️ Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) ️ Processes performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing ...

What are the five criteria for a successful project? - Answer Time, cost, quality, risk & benefits Project Management - Answer The application of processes, methods, knowledge, skills and experience to achieve the project objectives Programme Management - Answer The coordinated management of projects and change manage activities to achieve beneficial change Project Success - Answer The satisfaction of stakeholder needs measured by the success criteria as identified and agreed at the sta...

Name the 5 Process Groups. (5) Ans: • Initiating • Planning • Executing • Controlling • Closing How do the various Major Processes Interact throughout a Project? (2) Ans: • The output from one process becomes the input to another What does the term "Customizing Process Interactions" mean? (2) Ans: • Not all of the processes will be needed on all projects, and not all of the interactions will apply to all projects. What are the 5 Major Project Scope Management Processe...

GFEBS Project Systems Course questions and answers latest top score. What is a project definition? - correct answer. The project definition contains data used for the entire project. It contains default values which can be passed on to the WBS elements, or influence them, such as: Project Profile Project Control values (e.g., user status profile) Organizational data Planning parameters Settlement Rules Unique Project Number The Project Profile is often called...

CAPM PRACTICE EXAM 4 Questions and Answers 2023/2024 (100%Verified). A001. All the following statements about time and materials contracts are true except: a. they are a hybrid type of arrangement that contains aspects of both costreimbursable and fixed-price arrangements b. the seller receives a profit in addition to being reimbursed for allowable costs c. the full value of the agreement is not defined at contract award d. the exact quantity of items to be delivered is not defined at contr...

Develop Project Charter - The process of developing a document to formally authorize a project or phase; outlines the project objectives and defines the authority of the PM Develop Project Management Plan - The process of defining, preparing, and coordinating all plan components and consolidating them into an integrated plan Direct and Manage Project Work - The process of leading and performing the work defined in the project management plan; Involved managing people, improving processes, r...

GFEBS Project Systems Course Questions and Answers Latest Update 2024 (GRADED) What is a project definition?: The project definition contains data used for the entire project. It contains default values which can be passed on to the WBS elements, or influence them, such as: Project Profile Project Control values (e.g., user status profile) Organizational data Planning parameters Settlement Rules Unique Project Number The Project Profile is often called the "DNA" of a PS project; it de...

C. This is an example of using the previous project as a template. Rolling wave planning is incorrect because rolling wave planning describes the detailed planning of the imminent project work, and the high-level planning of work is further away in the project schedule. Analogous estimating describes the method of using a similar project to create the current project's time and/or cost estimate. Expert judgement is using an expert to provide needed info for the current project. Chapter 6 1. You...

SAP Certification Practice Exam 241 Questions with Verified Answers Which of the following control parameters determines the scope of the MRP run in SAP S/4HANA? - Processing key - Purchase requisition - Planned order - Planning mode - Schedule line - CORRECT ANSWER - Processing key What is the highest organizational unit in warehouse management? - Warehouse number - Storage selection - Storage bin - Storage type - CORRECT ANSWER - Warehouse number What happens when we post...