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GAQM Professional PPM-001 The free demo has three versions.
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PPM-001 PDF DEMO:
QUESTION NO: 1
Expected Monetary Value (EMV) analysis is commonly used in:
A. probability distribution.
B. decision tree diagram.
C. sensitivity analysis.
D. modeling and simu-lation.
Answer: B
QUESTION NO: 2
In general, attempts to smooth out period to period resources will _____ the scheduled time and _____ project costs.
A. Increase, increase
B. Decrease, decrease.
C. Increase, decrease.
D. Increase, increase or decrease.
E. Decrease, increase.
Answer: A
QUESTION NO: 3
All the following are needed to create the WBS EXCEPT:
A. Organizational process assets.
B. Quality measurements.
C. Requirements documentation.
D. Project scope statement.
Answer: B
QUESTION NO: 4
What is the number of stakeholders, if the project has 28 potential communication channels?
A. 7
B. 8
C. 14
D. 16
Answer: B
QUESTION NO: 5
You are a project manager for an engineering company. Your company won the bid to add ramp-metering lights to several on-ramps along a stretch of highway at the south end of the city. You subcontracted a portion of the project to another company. The subcontractor's work involves digging the holes and setting the lamp poles in concrete. The subcontractor's performance is not meeting the contract requirements. Which of the following is not a valid option?
A. You document the poor performance in written form and send the correspondence to the subcontractor.
B. You terminate the contract for poor performance and submit a change request through Contract
Administration.
C. You agree to meet with the subcontractor to see whether a satisfactory solution can be reached.
D. You submit a change request through Contract Administration demanding that the subcontractor comply with the terms of the contract.
Answer: D
Explanation:
The contract change control system describes the processes you'll use to make changes to the contract, not as a means of communication. The changes might include contract term changes, date changes, and termination of a contract.
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Updated: May 27, 2022