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Regards, Dana. During a bidder conference you see that one bidder is your close friend. Practice tests: you may take these multiple times. Pareto Chart helps you find: a Minor sources creating the majority of problems b Majority of causes creating the minority of problems c Cause of variation d Cause of deviation. Which one is an example of Crashing? The questions are comparatively easier than the real PMP exam questions.
These are easy to crack if you know the formula and have practiced well. Explanation: Cost Performance Index tells us whether we are under-spending or overspending. Explanation: In Six Sigma Scope Creep indicates that you do not have adequate control over your project. Explanation: A Fixed priced contract is the most risky contract for the seller because once the seller signs the contract he is legally bound to complete it within the agreed amount.
A person who is directly or indirectly involved with your project, or affected by your project or its outcome, is known as: a Customer b Manager c Team Member d Stakeholder. Which of the following statements is not true about the Project Charter? Explanation: While developing the Project Management Plan, your emphasis should be on involving the team members. Explanation: In Positive Risk, there is a chance that you may gain some benefits, called Opportunities. You must inform you bosses about this relationship.