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Exam (elaborations)

PMP Exam Prep(verified answers )2023

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PMP Exam Prep(verified answers )2023Schedule Development/Project Time Management Analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule Activity Duration Estimating/Project Time Management Estimating the number of work periods that will be needed to complete individual schedule activities Activity Resource Estimating/Project Time Management Estimating the type and quantities of resources required to perform each schedule activity Activity Sequencing/Project Time Management Identifying and documenting dependencies among schedule activities Manage Stakeholders/Project Communications Management Managing communications to satisfy the requirements of, and resolve issues with, project stakeholders What process group does 'Perform Quantitative Risk Analysis' belong to? Planning What process group does 'Verify Scope' belong to? Monitoring and Controlling What process group does 'Manage Stakeholder Expectations' belong to? Executing What process group does 'Perform Quality Control' belong to? Monitoring and Controlling What process group does 'Collect Requirements' belong to? Planning Contract Administration/Project Procurement Management Managing the contract and the relationship between the buyer and the seller, reviewing and documenting how a seller is performing or has performed to establish required corrective actions and provide basis for future relationship with seller What process group does 'Adminsiter Procurements' belong to? Monitoring and Controlling Risk REsponse Planning/Project Risk Management Developing Options and actions to enhance opportunities and to reduce threats to projcect objectives Activity Definition/Project Time Management Identifying the specific schedule activities that need to be performed to produce the various project deliverables What process group does 'Control Scope' belong to? Monitoring and Controlling Plan Contracting/Project Procurement Management Dcoumenting products, services and results requirements and identifying potential sellers Select Sellers/Project Procurement Management Reviewing offers, choosing from among potential sellers, and negotiating a written contract with a seller Request Seller Responses/Project Procurement Management Obtaining information, quotations, bids, offers or proposals as appropriate To-Complete Performance Index(TCPI) (BAC-EV)/(BAC-AC) or (work remaining)/(funds remaining) EAC forecast for ETC at BUDGETED RATE EAC=AC+BAC-EV EAC forecast for ETC at PRESENT CPI EAC=BAC/(cumulative CPI) EAC forecast for ETC at both CPI & SPI factors EAC=AC+((BAC-EV)/(Cumulative CPI x Cumulative SPI)) What process group does 'Identify Risks' belong to? Planning What process group does 'Manage Project Team' belong to? Executing Risk Management Planning/Project Risk Management Deciding how to appproach, plan and ex


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