APM
APM-PFQ
Q1:
What factor creates the effect of the estimating funnel?
○
A
Project team getting to know each other better.○
B
utilization of learning and experience.○
C
Project scope increasing in cost.○
D
use of a linear life cycle
APM
APM-PFQ
Q2:
What estimating method is most commonly used in the definition phase Of the project life cycle?
○
A
Analogous.○
B
Analytical○
C
Parametric.○
D
Statistical
APM
APM-PFQ
Q3:
What is a likely benefit of re-estimating throughout the project life cycle?
○
A
The project will be much more economically viable.○
B
The business case is justified to a greater degree.○
C
Overall project duration is reduced.○
D
Reduction in contingency reserves are achieved.
APM
APM-PFQ
Q4:
What is one of the main features of using analogous method of estimating?
○
A
The individual group members use a statistical relationship between historic data and other variables to calculate an estimate.○
B
The task of producing the estimates will be delegated to those who are actually going to deliver the individual pieces of work or work packages.○
C
The individual group members, who are tasked with providing the estimates, do this in isolation from each other.○
D
The individual group members identify a previously delivered project of the same size. complexity and delivery method.
APM
APM-PFQ
Q5:
What aspect is important to clarify when conducting scope definition?
○
A
The number of products contained in the PBS,○
B
The boundaries and interfaces with adjacent projects.○
C
Who is going to perform the work.○
D
When the work is going to be performed.