16 1 point Which project you would like to select? O Payback period 6 years; NPV $30,000 Payback period 3 years: NPV $10,000 Payback period 2 years: NPV $5,000 O Payback period 3 years; NPV $12,000 17 1 point What is different between a standard and a regulation? A standard is optional; regulations are not. A standard is not optional; regulations may be. A standard is rarely optional; regulations are never optional. O Astandard is guideline; a regulation is a request, 18 1 point of the following, which statement is correct? A project manager must use every process identified within the PMBOK. A project manager must use every tool & technique as identified within the PMBOK O A project manager must use the most appropriate processes on every project. O A project manager must agree that he will use the most appropriate tools and techniques on every project. 13 1 point Who contributes, develops, and updates the Lessons Learned document? Client Project Management Team Functional Manager Management 14 1 point In which phase will the risks be at the lowest level? Initiating Planning Execution Closing 15 1 point of the following, which is not a part of the Iron Triangle? O Quality Time Scope Cost 8 8 1 point Which of the following is not one of the PMBOK Guide's Tep (10) Knowledge areas? Time (schedule) Management Risk management Communications management Contract management 1 point Which one of the following is NOT an Enterprise environmental factor? O Government standards Regulations Historical information Marketplace conditions