The project scope statement. Define Project Scope.

• It is the design of experiments that are used to complete the project work.
• It is the combination of the cost and the schedule required to complete the project work.
• It is the description with specification of the required work necessary to complete the project.
• It is the description of the required work and resources and materials that are needed to complete the project.

You are managing a software development project with an agile approach, as you just completed release one, what should you do to prepare for next release?

• a. Confirm Scope baseline is up to date
• b. Review Backlogs
• c. Confirm Scope statement still valid
• d. Review previous release WBS

During the project planning phase, which of the following steps comes latest compared to others?

• a. Hold a kick-off meeting
• b. Gain formal approval of the plan
• Develop Budget
• Develop Schedule

You are currently working as a Project Manager in Realty Logistics. You have been given responsibility for moving Infrastructure of ABC Software LTD to a new location. For that, you need to identify the stakeholders of your project. Based on the Power/Interest Grid that you have created, which of the following types of stakeholders' expectation should be managed closely?

• High Power - High Interest
• Low Power - Low Interest
• Low Power - High Interest

WBS is an excellent and most effective tool that is used for tracking of:

1. Project Resources
2. Project Schedule
3. Project Scope
4. Project Risks

Who among the following said, "People will be interested in their safety needs only after their physiological needs have been fulfilled.":

1. Maslow
2. Ouchi
3. McGregor
4. Herzberg

Being the project manager of the ABC Project,you have allowed subsequent project phase to begin even before the predecessor phase completes. Which of the following relates to this scenario?

• Crashing
• Fast-tracking
• Risk management
• Tandem scheduling

According to PMBOK, project management processes are organized into which of the following order of process groups?

• Initiating, designing, planning, executing, controlling, and closing
• Designing, developing, testing, and implementing
• Initiating, planning, executing, monitoring and controlling, and closing
• Initiating, planning, executing, monitoring, and closing

You find that activity in your project is very risky. How will you estimate the duration of this activity when your team member has given the optimistic, most likely, and pessimistic duration for the activity?

• Using Earned Value Analysis, variance analysis
• Using Sensitivity analysis
• Using Three Points Estimate, PERT formula
• Using Earned Value Analysis, Performance Reports