3. Using the weighted duration average of an activity based on the worst-case scenario, best-case scenario and most likely estimates means using:

Select one:

a. Analogous estimating.

b. Three-point estimates.

c. Parametric estimating.

d. Bottom-up estimating.

Determining the current status of the project schedule is important for:

Select one:

a. Establishing the schedule baseline.

b. Reporting project progress to senior management.

c. Updating the project management software.

d. Controlling the schedule.

All of the following are ALWAYS inputs to the risk management process EXCEPT:

Select one:

a. Project status report

b. Historical information

c. Lesson learned

d. Work breakdown structure

Which of the following is TRUE about the development of a project charter?

Select one:

a. The sponsor creates the project charter, and the project manager approves it

b. The project manager creates the project manager, and the sponsor approves it.

c. The project team creates the project charter, and the PMO approves it.

d. The executive manager creates the project charter, and the functional manager approves it.

Which of the following BEST describes a project management plan?

Select one:

a. A printout from project management software

b. Risk, human resources, process improvement, and other management plans

c. A bar chart

d. The project scope