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NEW QUESTION 29
The scope of a project cannot be defined without some basic understanding of how to create the specified:

• A. approach
• B. product
• C. schedule
• D. objectives

Answer: B

NEW QUESTION 30
What should the project manager use to evaluate the politics and power structure among stakeholders inside and outside of the organization?

• A. Team agreements
• B. Communication skills
• C. Interpersonal skills
• D. Expert judgment

Answer: D

Explanation:
Section: Volume E

NEW QUESTION 31
Funding limit reconciliation is a tool and technique used in which process?

• A. Determine Budget
• B. Control Costs
• C. Control Budget
• D. Estimate Costs

Answer: A

Explanation:
Explanation/Reference:
Explanation:
7.3.2.5 Funding Limit Reconciliation
The expenditure of funds should be reconciled with any funding limits on the commitment of funds for the project.
A variance between the funding limits and the planned expenditures will sometimes necessitate the rescheduling of work to level out the rate of expenditures. This is accomplished by placing imposed date constraints for work into the project schedule.
Process: 7.3 Determine Budget
Definition: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.
Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.
Inputs
1. Cost management plan
2. Scope baseline
3. Activity cost estimates
4. Basis of estimates
5. Project schedule
6. Resource calendars
7. Risk register
8. Agreements
9. Organizational process assets
Tools & Techniques
1. Cost aggregation
2. Reserve analysis
3. Expert judgment
4. Historical relationships
5. Funding limit reconciliation
Outputs
1. Cost baseline
2. Project funding requirements
3. Project documents updates

NEW QUESTION 32
The PV is $1000, EV is $2000, and AC is $1500. What is CPI?

• A. 0.75
• B. 0
• C. 0.5
• D. 1.33

Answer: D

NEW QUESTION 33
Which of the following will provide the basis for estimating, scheduling, executing, and monitoring and controlling project work?

• A. Work packages
• B. Work breakdown structure (WBS)
• C. Activities
• D. Milestone list

Answer: C

Explanation:
Section: Volume E

NEW QUESTION 34
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