Cpi training final exam - Study guides, Class notes & Summaries

DoD has 3 principal decision-making support systems - ANSWER 1. Planning, programming, budgeting and execution process (PPBE) 2. Joint Capabilities Integration and Development System (JCIDS) 3. Defense Acquisition System Resource Allocation - ANSWER Planning, Programming & Budgeting, Enactment, Execution. Planning - ANSWER Takes place annually from October to April for the current and future 4 fiscal years. Programming & Budgeting - ANSWER Takes place annually from May to January. Bud...

What is the cost of a work package if the resource costs are $25/hour and material costs are $250? This work should take 75 hours. - ANSWER-$2,125 Which of the following statements regarding control accounts is true? A. Every work package must have its own control account. B. A control account is established where the lowest OBS element intersects the lowest WBS element. C. Activity cost estimates. D. A control account is another term for cost center. - ANSWER-D. A control account is an...

CAPM PRACTICE EXAM 2|256 Questions with Verified Answers The experiences of an organization's members are the basis for its _________. A. culture B. structure C. operations D. maturity - CORRECT ANSWER The experiences of an organization's members are the basis for its _________. A= The culture of an organization is created by its members' experiences. Organizational structures can be: A.functional, strategic or balanced. B.functional, projectized or iterative. C....

A Guide to the Project Management Body of Knowledge (PMBOK Guide) - ANSWER-The PMI publication that defines widely accepted project management practices. The CAPM and the PMP exam are based on this book. Application Areas - ANSWER-The areas of expertise, industry, or function where a project is centered. Examples of application areas include architecture, IT, health care, and manufacturing. Business Value - ANSWER-A quantifiable return on investment. The return can be tangible, such as equ...

CAPM Practice Exam 260 Questions with Verified Answers 3 things that describe role of a PM ?? - CORRECT ANSWER 1. responsible for the final result of the team 2. need to integrate multiple disciplines 3. communicate with team Cost Management Plan has these 3 characteristics - CORRECT ANSWER 1. describes how project costs will be planned, structured, & controlled 2. may specify level of precision, degree to which activity cost estimates will be rounded up or down 3. may specify varia...

CCM Exam Study Guide – HPM 327 Questions with Verified Answers What Is a pre-solicitation notice? - CORRECT ANSWER The pre-solicitation notice helps government agencies determine if there are qualified vendors to perform the work scope. It provides a "heads up" that the solicitation will be released and solicits capability responses from responsible vendors. The pre-solicitation notice also helps the government determine if the requirement can be set-aside for a small business if capable ...

CPCE Assessment Exam 58 Questions with Verified Answers Measurement - CORRECT ANSWER General process of determining the dimensions of an attribute or trait. Assessment - CORRECT ANSWER Processes and procedures for collecting information about human behavior. Assessment tools include tests and inventories, rating scales, observation, interview data and other techniques. Appraisal - CORRECT ANSWER Appraisal implies going beyond measurement to making judgments about human attributes a...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...

WGU EXAM PREP Project Management Correctly Solved Graded A+ A Guide to Project Management Body of Knowledge (PMBOK Guide) -ANS- The project management standard developed by the Project Management Institute. Benefit measurement methods -ANS- A type of decision model that compares the benefits obtained from a variety of new project requests by evaluating them using the same criteria and comparing the results. Co-located -ANS- When team members work together at the same physical location ...

PMP 101 QUESTIONS AND ANSWERS Questions and Answers #1 A manager and the head of engineering discuss a change to a major work package. After the meeting, the manager contacts you and tells you to complete the paperwork to make the change. This is an example of: A-) Management attention to scope management. B-) Management planning. C-) A project expediter position. D-) A change control system. Answer is C. In this situation, project manager acts as the secretary of the project and does th...