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NEW QUESTION: 1
Which of the following is a tool and technique for Estimate Activity Durations?
A. Bottom-up estimating
B. Parametric estimating
C. Monte Carlo analysis
D. Alternatives analysis
Answer: B
Explanation:
Explanation/Reference:
Explanation:
7.2.2.3 Parametric Estimating
Parametric estimating uses a statistical relationship between relevant historical data and other variables (e.g., square footage in construction) to calculate a cost estimate for project work. This technique can produce higher levels of accuracy depending upon the sophistication and underlying data built into the model. Parametric cost estimates can be applied to a total project or to segments of a project, in conjunction with other estimating methods.
Process: 6.5 Estimate Activity Durations
Definition: The process of estimating the number of work periods needed to complete individual activities with estimated resources.
Key Benefit: The key benefit of this process is that it provides the amount of time each activity will take to complete, which is a major input into the Develop Schedule process.
Inputs
1. Schedule management plan
2. Activity list
3. Activity attributes
4. Activity resource requirements
5. Resource calendars
6. Project scope statement
7. Risk register
8. Resource breakdown structure
9. Enterprise environmental factors
10.Organizational process assets
Tools & Techniques
1. Expert judgment
2. Analogous estimating
3. Parametric estimating
4. Three-point estimating
5. Group decision-making techniques
6. Reserve analysis
Outputs
1. Activity duration estimates
2. Project documents updates

NEW QUESTION: 2
An instructor has a learner in the class that needs to frequently check and reply to email during the course time. Which of the following is the BEST course of action for the instructor to take?
A. Dismiss the learner from the class as they are not focused on the material.
B. Ask the learner to dismiss themselves from the class when they need to check and reply to email.
C. Inform the learner that their action is inappropriate and they need to check their email only during breaks.
D. Ask the learner to take the necessary steps to cause the least distraction to the rest of the class.
Answer: D

NEW QUESTION: 3
You are interviewing members of a project team to test their understanding of the assigned risk responses as risk owners. You and the project manager are working together to evaluate the risk responses to determine their effectiveness in the project.
What project management technique are you performing with the project manager in this scenario?
A. Risk analysis
B. Risk audits
C. Stakeholder analysis as the project team is a stakeholder
D. Risk identification with the project team
Answer: B


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