The Complete Pmp Certification Exam
Prep Guide
Involves adding extra resources to the critical path. - correct answers ✔️✔️Crashing
calculates une expected monetary value
To help you and your team determine the best path to Follow. (Risk;emv) - correct answers
✔️✔️Decision Tree Analysis
Pricing does not change. Favored by organization. Risk on seller. - correct answers ✔️✔️Firm Fixed Price
(FFP)
Provides high level project objectives. Definite the boundaries of the project scope. - correct answers
✔️✔️Project Charter
Responsible, Accountable, Consult, Inform - correct answers ✔️✔️RACI chart
Plan, Do, Check, Act - correct answers ✔️✔D
️ eming Cycle
Identifying potential causes of a problem, showing cause and effect relationships. - correct answers
✔️✔️Ishikawa Diagram (Fishbone)
Avoid - remove root cause
Transfer: 3rd party
Mitigate:
Accept: no change - correct answers ✔️✔️Risks - Threats
,Exploit - change plans to remove uncertainty
Share - Allocate
Enhance - increase positive impact or probability
Accept - not actively pursued - correct answers ✔️✔️Risk - Opportunities
BAC / CPI (budget at completion divided by cost performance index)
Prediction of what the project will cost when completed. - correct answers ✔️✔️EAC (Estimate at
Completion)
Kill point - correct answers ✔️✔️Phase review
An approach that relies on historical information to predict the cost of the current project. It is also
known as top-down estimating and is the least reliable of all the cost-estimating approaches.
Similar project. - correct answers ✔️✔️Analogous Estimating
product, service, or result - correct answers ✔️✔️PSR
Alternative analysis
Root cause analysis
Variance analysis
Trend analysis - correct answers ✔️✔️Data Analysis
report summarizing the project risks - correct answers ✔️✔️Risk report
Potential project risks, owners of each risk and a potential risk response. - correct answers ✔️✔️Risk
Register
The process of collecting facts and figures.
, Brainstorming
Interviews
Focus groups
Checklist
Questionnaire
Surveys
Gather data information about a particular process that you are working on. - correct answers
✔️✔️Data Gathering
Emails
Social media
Website
Informal adhoc discussion - correct answers ✔️✔️Informal communication
Same place/ location. - correct answers ✔️✔️Colocation
Reports
Meeting agendas
Stakeholder briefings
Formal meetings - correct answers ✔️✔️Formal communication
Supplies
Materials
Tools
Equipment
Facilities
Software
Prep Guide
Involves adding extra resources to the critical path. - correct answers ✔️✔️Crashing
calculates une expected monetary value
To help you and your team determine the best path to Follow. (Risk;emv) - correct answers
✔️✔️Decision Tree Analysis
Pricing does not change. Favored by organization. Risk on seller. - correct answers ✔️✔️Firm Fixed Price
(FFP)
Provides high level project objectives. Definite the boundaries of the project scope. - correct answers
✔️✔️Project Charter
Responsible, Accountable, Consult, Inform - correct answers ✔️✔️RACI chart
Plan, Do, Check, Act - correct answers ✔️✔D
️ eming Cycle
Identifying potential causes of a problem, showing cause and effect relationships. - correct answers
✔️✔️Ishikawa Diagram (Fishbone)
Avoid - remove root cause
Transfer: 3rd party
Mitigate:
Accept: no change - correct answers ✔️✔️Risks - Threats
,Exploit - change plans to remove uncertainty
Share - Allocate
Enhance - increase positive impact or probability
Accept - not actively pursued - correct answers ✔️✔️Risk - Opportunities
BAC / CPI (budget at completion divided by cost performance index)
Prediction of what the project will cost when completed. - correct answers ✔️✔️EAC (Estimate at
Completion)
Kill point - correct answers ✔️✔️Phase review
An approach that relies on historical information to predict the cost of the current project. It is also
known as top-down estimating and is the least reliable of all the cost-estimating approaches.
Similar project. - correct answers ✔️✔️Analogous Estimating
product, service, or result - correct answers ✔️✔️PSR
Alternative analysis
Root cause analysis
Variance analysis
Trend analysis - correct answers ✔️✔️Data Analysis
report summarizing the project risks - correct answers ✔️✔️Risk report
Potential project risks, owners of each risk and a potential risk response. - correct answers ✔️✔️Risk
Register
The process of collecting facts and figures.
, Brainstorming
Interviews
Focus groups
Checklist
Questionnaire
Surveys
Gather data information about a particular process that you are working on. - correct answers
✔️✔️Data Gathering
Emails
Social media
Website
Informal adhoc discussion - correct answers ✔️✔️Informal communication
Same place/ location. - correct answers ✔️✔️Colocation
Reports
Meeting agendas
Stakeholder briefings
Formal meetings - correct answers ✔️✔️Formal communication
Supplies
Materials
Tools
Equipment
Facilities
Software
