D Question 1 1 pts Scope baseline The approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary, that can be changed using formal change control procedures and is used as a basis for comparison to actual results. o Generally, this term is equivalent to request for proposal. However, in some application areas, it may have a narrower on more specific meaning o A project document where information about issues is recorded and monitored. O An aggregate measure of the potential impact of all risks at any given point in time in a project, program or portfolio. D Question 2 1 pts Schedule baseline A project document used to record all assumptions and constraints throughout the project life cycle. O An analytical technique that models the combined effect of uncertainties to evaluate their potential impact on objectives The approved version of a schedule model that can be changed using formal change control procedures and is used as the basis for comparison to actual results. O A risk response strategy whereby the team acknowledges that a risk is outside of its sphere of influence and shifts the ownership of the risk to a higher level of the organization where it is more effectively managed. Question 3 1 pts Change log o Collect project performance data, produce performance measures, and report and disseminate performance Information: O A mixture of experience, values and beliefs, contextual information, intuition, and insight that people use to make sense of new experiences and information O A comprehensive list of changes submitted during the project and their current status. O A quantifiable deviation departure, or divergence away from a known baseline or expected value. D Question 4 1 pts Baseline O The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison to actual results. An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. O A formal or informal approach to elicit information from stakeholders by talking to them directly Comparing actual performance with planned performance, analyzing variances, assessing trends to effect process improvements, evaluating possible alternatives, and recommending appropriate corrective action as needed. D Question 5 1 pts Resource management plan O A component of the project management plan that describes how project resources are acquired, allocated monitored, and controlled. A request, demand, or assertion of rights by a seller against a buyer, or vice versa, for consideration, compensation, or payment under the terms of a legally binding contract, such as for a disputed change. The process of developing an approximation of the monetary resources needed to complete project work O A component of the project or program management plan that describes how the scope will be defined, developed, monitored, controlled, and validated