CompTIA Project+ (Project Management) Questions:

Question 21.) Lessons learned reports are documents that capture salient and helpful information about the work done in the project.

True or False?

Question 22.) Quantitative methods include: sensitivity analysis, decisions tree analysis, simulation, and expected monetary value (EMV). Monte Carlo analysis is a type of simulation where the model is run many times with different parameters and results in a range of possibilities. Decision tree analysis relies on EMV which multiplies the monetary value of a risk by the probability of its occurrence.

True or False?

Question 23.) Quality assurance is the product of measurement, verification, and quantification.

True or False?

Question 24.) Projects must be congruent with the organizations portfolio. The balanced scorecard is a tool for measuring and maintaining such congruency.

True or False?

Question 25.) Project objectives are measurable and like milestones give the project manager the ability to evaluate as the project proceeds.

True or False?

Question 26.) Project interfaces are the various reporting relationships which include organization, technical, interpersonal, and logistical.

True or False?

Question 27.) Project Management Information systems such as Microsoft Project and Oracle's Primavera have a few issues: they respond to problem indicators after the fact, they reflect symptoms rather than solutions, they are often used in place of other better communication methods, they are only as good as the data in them, and sometimes there is simply too much information that decreases productivity.

True or False?

Question 28.) Progressive elaboration is the process of starting off with a rough sketch and incrementally adding detail as more information and more accurate estimates become available.

True or False?

Question 29.) Procurement management plans include questions such as whether to procure, what to procure, how to procure, how much to procure, and when to procure.

True or False?

Question 30.) The activities list contains all the activities needed to produce the project deliverables. Each activity has a unique identifier and a specific scope. They are listed in sequential order and help determine the duration of the project.

True or False?