Question
Please answer all questions. 1) In project management, this is a measure of a deliverable's degree of excellence. It may also refer to a clearly
Please answer all questions.
1) In project management, this is a measure of a deliverable's degree of excellence. It may also refer to a clearly defined set of stakeholder requirements by which results are assessed.
Group of answer choices
a) Quality
b) Portfolio
c) Estimation
d) Merge point
2) A method used to exercise control on the release of project funds. Instead of making entire project budgets available from the outset, management may choose to release funds at specific times. These may coincide with phase gates so that funds are released at the beginning of each phase.
Group of answer choices
a) Resource optimization techniques
b) Initiation phase: The formal start of a new project. It involves receiving proper authorization and creating a clear definition for the project.
c) Enterprise environmental factors
d) Drawdown
3) A process that follows an established order and is central to the performance of the system or project of which it is part.
Group of answer choices
a) Event chain diagram
b) Competence framework
c) Core process
d) Lateral thinking
4) A document that details the scope, organization, and objectives of a project. It is typically created by a project manager and formally approved by the sponsor. It authorizes the project manager's use of organizational resources for the project and is understood to be an agreement between the sponsor, stakeholders, and project manager.
Group of answer choices
a) Capability maturity model (CMM)
b) Project charter
c) Operations and maintenance
d) Defect repair
5) A family of tools typically used in the management of complex projects. They provide the ability to calculate estimates, create and manage schedules and budgets, and track and oversee project activities.
Group of answer choices
a) Contingency reserve
b) Actual progress
c) Control Account
d) Project management software
6) Question
The seller is reimbursed for authorized monetary expenditures incurred and paid an additional fee if they meet performance criteria specified in the contract.
Group of answer choices
a) Functional requirements
b) Cost-plus-incentive-fee contract (CPIF)
c) Quality assurance
d) Resource optimization techniques
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