Project Managememt

PROJECT_MANAGEMENT_PROCORE_CERTIFICATION

PMP Exam Questions - Project Management Processes with all Correct & 100% Verified Answers |Guaranteed to Pass

0-100 rule correct answer Assigns 0% to activities that have not been started and those that are in progress. Completed activities are assigned 100%. Every activity in the project is assigned a value of either 0% or 100%. 50/50 rule correct answer Assigns half completed as soon as an activity is started and fully completed when an activity is finished. 8/80 Rule correct answer A good rule of thumb - do not assign anything that takes less than 8 hours (to avoid micromanaging and ensure we g...

PROJECT MANAGEMENT PERT/CPM LESSON 10 WITH ALL CORRECT & VERIFIED ANSWERS

backward pass correct answer To set construct the critical path using a ___________, you can start from the end date. Concurrent Activities correct answer ____________ are sets of activities can be done at the same time. Crashing correct answer _________ is obtaining the greatest amount of compression of the schedule/critical path for the least incremental cost or time. critical chain correct answer The ____________ builds on the critical path method by going a step further by adding ti...

A company specializes in high quality home improvements and remodels. The project for a living room consists of six primary tasks. As soon as the demolition is completed, the floor installation and electrical work can begin. The cabinet installers and painters may begin their work after the floor is installed. Finally, the interior decorators can finish up the project after the paint has dried. Which Gantt chart correctly represents this living room remodeling project? correct answer 1.0-3.0...

1. Time value of Money 2. Net Present Value 3. Internal Rate of Return 4. Opportunity Cost correct answer MATCH EACH IN ORDER: 1. To calculate money's worth today compared to the future 2. To calculate whether revenue tomorrow is greater than costs today 3. To calculate future cash flows using time and interest rates 4. To calculate alternative use of money 1.5.1 Lay Sod correct answer The general manager of a hotel has asked for a project to put in new landscaping aro...

-Management chooses which areas to emphasize in the weighted model correct answer What is the major difference between a Non-Weighted and Weighted Factor Scoring Model? -Bias is removed from the survey in the weighted model -Costs are lower to run the final analysis in the non-weighted model -Management chooses which areas to emphasize in the weighted model -They are both comparable models, so no major difference between them -Move tasks around to more efficiently allocate project team ...

The document is a comprehensive project management study guide written in a Q&A (question-and-answer) format. It functions like a large-scale flashcard set designed to reinforce key project management concepts. Here's a structured breakdown