Pmbok guide 5th edition Study guides, Class notes & Summaries

CAPM PRACTICE EXAM 4 Questions and Answers 2023/2024 (100%Verified). A001. All the following statements about time and materials contracts are true except: a. they are a hybrid type of arrangement that contains aspects of both costreimbursable and fixed-price arrangements b. the seller receives a profit in addition to being reimbursed for allowable costs c. the full value of the agreement is not defined at contract award d. the exact quantity of items to be delivered is not defined at contr...

CAPM PRACTICE EXAM 4 Questions and Answers 2023/2024 (100%Verified). A001. All the following statements about time and materials contracts are true except: a. they are a hybrid type of arrangement that contains aspects of both costreimbursable and fixed-price arrangements b. the seller receives a profit in addition to being reimbursed for allowable costs c. the full value of the agreement is not defined at contract award d. the exact quantity of items to be delivered is not defined at contr...

CAPM PRACTICE EXAM 4 Questions and Answers 2023/2024 (100%Verified). A001. All the following statements about time and materials contracts are true except: a. they are a hybrid type of arrangement that contains aspects of both costreimbursable and fixed-price arrangements b. the seller receives a profit in addition to being reimbursed for allowable costs c. the full value of the agreement is not defined at contract award d. the exact quantity of items to be delivered is not defined at contr...

Chapter 5 PMBOK 5th edition - Test #3 Study Guide With Complete Solution...

IEM 5603 Chapter 1 and 2 essay exam questions & answers 2023/2024 What is a Project? - ANSWER-Any series of activities and tasks that: a. Have a specific objective to be completed within certain specifications b. Have defined start and end dates c. Have funding limits (If applicable) d. Consume human and nonhuman resources (I.E). money, people equipment) e. Are multifunctional (I.e. cut across several functional lines) What is a Competing Constraint? - ANSWER-a. Success criteri...

A GUIDE TO THE PROJECT MANAGEMENT BODY OF KNOWLEDGE TEST BANK 5th edition Library of Congress Cataloging-in-Publication Data A guide to the project management body of knowledge (PMBOK® guide). -- Fifth edition. pages cm Includes bibliographical references and index. ISBN 978-1-935589-67-9 (pbk. : alk. paper) 1. Project management. I. Project Management Institute. II. Title: PMBOK guide. HD69.P75G845 2013 658.4’04--dc23 ISBN: 978-1-935589-67-9 Published by: Project M...

Exam (elaborations) CIS MISC Quiz 1 According to PMI's PMBOK Guide, 5th Edition, what are the Project Management Process Groups? Which of the following three constraints form the foundation of the Triple Constraint (Iron Triangle)?

Andy has just been assigned the project manager to a multi-million dollar construction project. Andy has also been given an approved project charter that authorizes him to apply organizational resources to the project. Now Andy wants to take all key stakeholder on board with the project charter. Where can Andy find a preliminary list of all key stakeholders? A Project charter B Stakeholder register C Project management plan D Risk register Correct Answer: A- The project has just...

1. Validate Scope is part of what process group? a. Planning b. Executing c. Closing d. Monitoring and Controlling 1. D - Monitoring and controlling is the only correct answer. PMBOK® Guide, 5th edition, p. 61 2. The Planning process group touches all ten of the key knowledge areas in that planning has to occur in each of these areas. Which of the following is not part of the planning process? a. Creating the WBS b. Develop the project management plan c. Estimate activity durations...

Exam (elaborations) CIS MISC Qent