Which cost estimate technique includes contingencies to account for cost uncertainty?

• A.Vendor bid analysis
• B.Three-point estimates
• C.Parametric estimating
• D.Reserve analysis

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How can a project manager of a new technology protect validate that the design meets the customer's needs?

• A.Deliver a proof of concept (POC)
• B.Construct a prototype
• C.Perform benchmarking
• D.Build a context diagram

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A company is undergoing a digital transformation and is changing its project portfolio to an agile approach.
As a result, the leadership is looking to update the performance measuring system for the workforce.
What should the project manager propose?

• A.Keep the performance management as is and focus on the achievement of scope, cost, and schedule indicators.
• B.Propose an approach based on value measurement, such as the use of objectives and key results.
• C.Maintain focus on cost indicators, but remove scope and schedule as they are flexible with an agile approach.
• D.Maintain the focus on schedule indicators, but remove scope and costs as they are flexible with an agile approach.

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Two project team members have a different understanding of the intent of a work package. What should the project manager do?

• A.Empower the team members to request clarification from the client.
• B.Conduct a brainstorming session with the team.
• C.Review the work breakdown structure (WBS) dictionary with the team members.
• D.Tell the team members to refer to the work authorization system.

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During a project's final phase, the project manager evaluates project deliverables by comparing them to a similar, completed project. The project manager notices that previous mistakes are being repeated.
What should the project manager improve to avoid future mistakes?

• A.Creation of the work breakdown structure (WBS)
• B.Definition of the project scope statement
• C.Implementation of lessons learned management techniques
• D.Application of quality control measures

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