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NEW QUESTION 51
A project manager should communicate to stakeholders about resolved project issues by updating the:
- A. project records
- B. project reports
- C. stakeholder register
- D. stakeholder notifications
Answer: D
Explanation:
Explanation/Reference:
Explanation:
10.2.3.4 Organizational Process Assets Updates
The organizational process assets, which may be updated include, but are not limited to:
Stakeholder notifications. Information may be provided to stakeholders about resolved issues,
approved changes, and general project status.
Project reports. Formal and informal project reports describe project status and include lessons learned,
issue logs, project closure reports, and outputs from other Knowledge Areas (Sections 4-13).
Project presentations. The project team provides information formally or informally to any or all of the
project stakeholders. The information and presentation method should be relevant to the needs of the audience.
Project records. Project records may include correspondence, memos, meeting minutes, and other
documents describing the project. This information should, to the extent possible and appropriate, be maintained in an organized manner. Project team members can also maintain records in a project notebook or register, which could be physical or electronic.
Feedback from stakeholders. Information received from stakeholders concerning project operations is
distributed and used to modify or improve future performance of the project.
Lessons learned documentation. Documentation includes the causes of issues, reasoning behind the
corrective action chosen, and other types of lessons learned about communications management.
Lessons learned need to be documented and distributed so that it becomes part of the historical database for both the project and the performing organization.
NEW QUESTION 52
Which process should be conducted from the project inception through completion?
- A. Perform Quality Control
- B. Monitor and Control Project Work
- C. Monitor and Control Risks
- D. Perform Integrated Change Control
Answer: D
Explanation:
Section: Volume D
NEW QUESTION 53
What does an S-curve from a Monte Carlo analysis show?
- A. Cumulative probability distribution representing probability of achieving a particular outcome
- B. Diagram for all project uncertainties and their influence over a period of time
- C. Best alternative out of the possible solutions, incorporating associated risks and opportunities
- D. Individual project risks or uncertainties that have the most potential impact on outcome
Answer: A
Explanation:
Section: Volume E
Explanation/Reference: https://proventuresindia.com/blog/tag/example-of-probability-distribution/
NEW QUESTION 54
A project lifecycle is defined as:
- A. a collection of generally sequential and sometimes overlapping project phases.
- B. the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
- C. a recognized standard for the project management profession.
- D. a process required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.
Answer: A
Explanation:
Section: Volume E
Explanation:
2.4 Project Life Cycle
A project life cycle is the series of phases that a project passes through from its initiation to its closure. The phases are generally sequential, and their names and numbers are determined by the management and control needs of the organization or organizations involved in the project, the nature of the project itself, and its area of application. The phases can be broken down by functional or partial objectives, intermediate results or deliverables, specific milestones within the overall scope of work, or financial availability. Phases are generally time bounded, with a start and ending or control point. A life cycle can be documented within a methodology.
The project life cycle can be determined or shaped by the unique aspects of the organization, industry, or technology employed.
While every project has a definite start and a definite end, the specific deliverables and activities that take place in between will vary widely with the project. The life cycle provides the basic framework for managing the project, regardless of the specific work involved.
NEW QUESTION 55
What tool should a project manager use to efficiently manage project resources?
- A. Resource requirements
- B. Resources detailed in the project scope
- C. Resource breakdown structure
- D. List of project resources
Answer: D
Explanation:
Section: Volume E
Explanation/Reference:
NEW QUESTION 56
……
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