Make-or-buy analysis is a tool and technique of which process?
Correct Answer: B
Section: Volume E Explanation/Reference: https://4squareviews.com/2018/10/02/6th-edition-pmbok-guide-process-12-1-plan-procurement- management-tools-and-techniques-1/
Question 117
A process is defined as:
Correct Answer: A
Section: Volume E Explanation: PROJECT MANAGEMENT PROCESSES Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. This application of knowledge requires the effective management of the project management processes. A process is a set of interrelated actions and activities performed to create a pre-specified product, service, or result. Each process is characterized by its inputs, the tools and techniques that can be applied, and the resulting outputs. As explained in Section 2, the project manager needs to consider organizational process assets and enterprise environmental factors. These should be taken into account for every process, even if they are not explicitly listed as inputs in the process specification. Organizational process assets provide guidelines and criteria for tailoring the organization's processes to the specific needs of the project. Enterprise environmental factors may constrain the project management options.
Question 118
The risk shared between the buyer and seller is determined by the:
Correct Answer: D
Section: Volume E
Question 119
Which of the following lists represents the outputs of the Monitor Communications process?
