16 1 point You are reviewing the control chart and observe that there are seven points in a row that are below the mean. What does it mean? O The mean should be re-adjusted Investigate the cause of it O Re-draw in control limit O It is common, nothing to worry about 17 1 point The client inspects the deliverables with you and finds that it meets the acceptance criteria. He signed off and formally approves the deliverables. Which process is this O Control Quality Control Scope OO Validate Scope Close Project 18 1 point Which of the following is the most accurate cost estimate method? O Rough Order O Three Point Parametric OO Bottom up 19 1 point Which of the following is not an output of a project?1 point Fenil Vakil as a project manager decided to fast track the estimated end date for the project by doing several of the activities in parallel instead doing in sequence. What is this approach to compressing schedules called? O Fast Planning O Future Planning O Fast Tracking O Forward Planning 14 1 point What are the only two processes in the Initiating Process group? O Develop Project Charter - Identify Stakeholder Develop Project Charter - Develop Project Management Plan Develop Project Charter - Determine Budget Develop Project Charter - Develop Project Team 15 1 point While inspecting, you find a defective component and you repaired it. This act is known as: Preventive Action OO Corrective Action Defect Repair OO None of Above 16 pointproduct called? Kirtan Kiran has to account for all costs including the cost for the entire lifetime. What are the costs that are associated with the project and occur after the delivery of the Lifecycle Expenditures Lifecycle Costs Sunk Costs O Lifecycle Expenses 11 1 point Akshay Grover, is working on schedule management and performing activities duration estimates. Which method should be used to predict more accurately the duration and completion date for the activities with a lot of variations? O Critical Path Method (CPM) O Critical Path Analysis (CPA) Program Evaluation and Review Technique (PERT) Graphical Evaluation and Review Technique (GERT) 12 1 point Nitesh Poojari, who is the project manager needs to plan for the project budget. Most of the funds are likely to be spent during which process group of the project? Planning Process Group Closing Process Group Initiating Process Group Executing Process Group 13 1 point