The purpose of developing a project scope management plan is to:
Correct Answer: D
Question 667
What is the critical chain method?
Correct Answer: B
Section: Volume E Explanation: 6.6.2.3 Critical Chain Method The critical chain method (CCM) is a schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties. It is developed from the critical path method approach and considers the effects of resource allocation, resource optimization, resource leveling, and activity duration uncertainty on the critical path determined using the critical path method. To do so, the critical chain method introduces the concept of buffers and buffer management. The critical chain method uses activities with durations that do not include safety margins, logical relationships, and resource availability with statistically determined buffers composed of the aggregated safety margins of activities at specified points on the project schedule path to account for limited resources and project uncertainties. The resource-constrained critical path is known as the critical chain.
Question 668
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements describes management of which of the following?
Correct Answer: A
Explanation/Reference: Explanation: 1.3 What is Project Management? Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Project management is accomplished through the appropriate application and integration of the 47 logically grouped project management processes, which are categorized into fve Process Groups. These five Process Groups are: Initiating, Planning, Executing, Monitoring and Controlling, and Closing.
Question 669
What are the formal and informal policies, procedures, and guidelines that could impact how the project's scope is managed?
Correct Answer: A
Explanation/Reference: Explanation: 2.1.4 Organizational Process Assets Organizational process assets are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. They include any artifact, practice, or knowledge from any or all of the organizations involved in the project that can be used to perform or govern the project. The process assets also include the organization's knowledge bases such as lessons learned and historical information. Organizational process assets may include completed schedules, risk data, and earned value data. Organizational process assets are inputs to most planning processes. Throughout the project, the project team members may update and add to the organizational process assets as necessary. Organizational process assets may be grouped into two categories: (1) processes and procedures, and (2) corporate knowledge base.
Question 670
What tool should a project manager use to efficiently manage project resources?
