answer all questions 1) You have just been assigned as a project manager to implement a web-based

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1) You have just been assigned as a project manager to implement a web-based accounting software for one of your clients. You have chosen a specific change-driven product development life cycle for the implementation of your project. As you are expecting many changes during the course of the project, you want to establish a robust configuration management system to describe the different versions and characteristics of the product, service, or result of the project and to ensure the accuracy and completeness of the description. Which of the following statements is FALSE about configuration management?

Group of answer choices

It compares the actual project performance against the project management plan and determines whether any corrective or preventive actions are required.

It includes configuration identification, configuration status accounting, and configuration verification, and audit.

It focuses on establishing and maintaining consistency of a product's requirements.

Its purpose is to maintain integrity of the work product.

2) You are a project manager at a dairy farm that offers several dairy products to its clients in different states, especially on the West Coast. You have sent a few of your team members to China to get specialized training on a spectacular daily food processing equipment recently introduced in the market. The team members just completed the training, and this is one of the work results you have collected and recorded. This output describes which of the following in the Direct and Manage Project Work process?

Group of answer choices

Project management plan update

Deliverables

Work performance data

Change requests

3) Your company can accept one of three possible projects. Project A has a net present value (NPV) of $30,000, it will take five years to complete, and the associated cost will be $10,000. Project B has an NPV of $60,000, it will take three years to complete, and the cost will be $15,000. Project C has an NPV of $80,000, it will take four years to complete, and it will cost $40,000. Based on the information, which project would you pick?

Group of answer choices

Project B

They all have the same value

Project A

Project C

4) All of the following are TRUE about the Validate Scope process EXCEPT:

Group of answer choices

It is an input to the Develop Project Management Plan process and an output of the Control Quality process.

This process is closely related to the Control Quality process.

It should be performed at the end of each phase of the project.

Customer acceptance of the project deliverables is a key output of this process.

5) All of the following are true regarding the Control Scope process EXCEPT:

Group of answer choices

It monitors the status of the project and product scope, maintains control over the project by preventing overwhelming scope change requests, and manages changes to the scope baseline.

It verifies the correctness of work results.

It assures that underlying causes of all requested changes and recommended corrective actions are understood and processed through the Integrated Change Control process.

One of the key focuses in the process may be dispute resolution related to project scope.