You are the project manger at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternatives forms of energy. You are in the process of developing the project charter. All of the following are tools/ techniques that you can use to develop the project charter EXCEPT:

• A.Project selection methods
• B.Project management methodologies
• C.Alternatives identification
• D.PMIS
• E.Expert judgment

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The ability to influence cost is greatest during which stages of the project?

• A.Completion
• B.Early
• C.Late
• D.Middle

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What is the relative priority of project Cost, Schedule and Quality?

• A.1)Schedule - 2)Quality - 3)Cost
• B.All are of equal priority
• C.1)Quality - 2)Cost - 3)Schedule
• D.1)Cost - 2)Schedule - 3)Quality
• E.1)Quality - 2)Schedule - 3)Cost

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A project manager is overseeing a 10-mile piping installation project that was supposed to spend US$15,000 per mile of piping installation and should complete the project exactly 20 weeks from its start. The project manager just found out that only 80% of the work has been completed.
What is the budget at completion (BAC)?

• A.US$250,000
• B.US$100,000
• C.US$300,000
• D.US$150,000

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Organizations perceive risks as:

• A.the negative impact of undesired events on their project and organizational objectives.
• B.events that will inevitably impact project and organizational objectives.
• C.events which could have a negative impact on project and organizational objectives.
• D.the effect of uncertainty on their project and organizational objectives.

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