1.Estimating the type and quantities of resources required to perform each schedule activity defines: Select one: a. Three-point estimating. b. The Estimate Activity Resources process. c. Analogous estimating. d. The Estimate Activity Durations process.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
1.Estimating the type and quantities of resources required to perform each
Select one:
a. Three-point estimating.
b. The Estimate Activity Resources process.
c. Analogous estimating.
d. The Estimate Activity Durations process.
Which of the following project documents would NOT likely be updated in the Develop Schedule process?
Select one:
a. Project scope statement
b. Risk register
c. Project calendar
d. Activity resource requirements
Comparing target schedule dates with the actual or
Select one:
a. Using project management software.
b. Progress reporting.
c. Calculating a cost performance index (CPI) value.
d. Conducting a variance analysis.
All of the following are parts of the scope baseline EXCEPT the:
Select one:
a. Project Scope statement
b. WBS dictionary
c. Work breakdown structure
d. Scope management plan
The project manager has just received a change from the customer that does not affect the project schedule and is easy to complete. What should the project manager do FIRST?
Select one:
a. Evaluate the impacts on other project constraints
b. Go to the change control board.
c. Contact the project sponsor for permission
d. Make the change happen as soon as possible
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
