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NEW QUESTION 24
Which process documents the business needs of a project and the new product, service, or other result that is intended to satisfy those requirements?

  • A. Develop Project Charter
  • B. Direct and Manage Project Execution
  • C. Collect Requirements
  • D. Develop Project Management Plan

Answer: A

Explanation:
Section: Volume C
Explanation
Explanation:
Process: 4.1. Develop Project Charter
Definition: The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
Key Benefit: The key benefit of this process is a well-defined project start and project boundaries, creation of a formal record of the project, and a direct way for senior management to formally accept and commit to the project.
Inputs
1. Project statement of work
2. Business case
3. Agreements
4. Enterprise environmental factors
5. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Facilitation techniques
Outputs
1. Project charter

 

NEW QUESTION 25
In which type of contract are the performance targets established at the onset and the final contract price determined after completion of all work based on the sellers performance?

  • A. Fixed-Price-Incentive-Fee (FPIF)
  • B. Firm-Fixed-Price (FFP)
  • C. Cost Plus Fixed Fee (CPFF)
  • D. Fixed Price with Economic Price Adjustments (FP-EPA)

Answer: A

Explanation:
Section: Volume E

 

NEW QUESTION 26
A given schedule activity is most likely to last four weeks. In a best-case scenario, the schedule activity is estimated to last two weeks. In a worst-case scenario, the schedule activity is estimated to last 12 weeks.
Given these three estimates, what is the expected duration of the activity?

  • A. Four weeks
  • B. Three weeks
  • C. Six weeks
  • D. Five weeks

Answer: D

 

NEW QUESTION 27
……

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