Which of the following terms indicates a deliverable-oriented hierarchical decomposition of the project work?
Correct Answer: C
Section: Volume D
Question 47
Cost aggregation is typically performed by aggregating work packages in accordance with the:
Correct Answer: D
Section: Volume E Explanation: 7.3.2.1 Cost Aggregation Cost estimates are aggregated by work packages in accordance with the WBS. The work package cost estimates are then aggregated for the higher component levels of the WBS (such as control accounts) and ultimately for the entire project.
Question 48
Team performance assessments is an output of which of the following processes?
Correct Answer: C
Section: Volume E Explanation/Reference: Explanation: Process: 9.3 Develop Project Team Definition: The process of improving competencies, team member interaction, and overall team environment to enhance project performance. The key benefit of this process is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance. Key Benefit: The key benefit of this process is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance. Inputs 1. Human resource management plan 2. Project staff assignments 3. Resource calendars Tools & Techniques 1. Interpersonal skills 2. Training 3. Team-building activities 4. Ground rules 5. Colocation 6. Recognition and rewards 7. Personnel assessment tools Outputs 1. Team performance assessments 2. Enterprise environmental factors updates
Question 49
Which of the following tools and techniques is used to estimate cost?
Correct Answer: D
Section: Volume E Explanation: Three-Point Estimate. A technique used to estimate cost or duration by applying an average of optimistic, pessimistic, and most likely estimates when there is uncertainty with the individual activity estimates.
Question 50
A project manager is identifying the risks of a project. Which technique should the project manager use?