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NEW QUESTION: 1
A business analyst (BA) has just completed a number of elicitation activities and is preparing to review the stated requirements. As part of this, the BA is checking the compliance of the stated requirements with organizational standards for business analysis.
What state is the BA attempting to move the requirements into?
A. Accepted
B. Validated
C. Specified
D. Verified
Answer: D
NEW QUESTION: 2
A. Option A
B. Option B
C. Option C
D. Option D
Answer: C
NEW QUESTION: 3
You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the project?
A. One
B. Four
C. Three
D. Seven
Answer: B
Explanation:
Explanation/Reference:
Explanation: There are four risk responses available for a negative risk event. The risk response strategies for negative risks are: Avoid: It involves altering the project management plan to remove the threats completely. Transfer: It requires shifting some or all of the negative effects of a threat including the ownership of response, to a third party. Mitigate: It implies a drop in the probability and impact of an unfavorable risk event to be within suitable threshold limits. Accept: It delineates that the project plan will not be changed to deal with the risk. Management may develop a contingency plan if the risk occurs. It is used for both negative and positive risks. AnswerC is incorrect. There are four responses for negative risk events. AnswerA is incorrect. There are four, not three, responses for negative risk events. Do not forget that acceptance can be used for negative risk events. Answer B is incorrect. There are seven total risk responses, four of which can be used for negative risk events.
NEW QUESTION: 4
You are managing a project that will use a virtual team with team members on three different continents. Your company is looking to use the virtual team to provide a lower cost product by using resources in countries that have a favorable exchange rate to that of your country. To assist in this process as you estimate resource requirements, it is helpful to consider______________
A. Reserve analysis
B. Published estimating data
C. Analogous estimating
D. Bottom-up estimating
Answer: B
Explanation:
In estimating activity resources, published estimating data is a tool and technique that is used as many companies routinely publish updated production rates and unit costs of resources. This includes labor trades, material, and equipment for different countries and geographic locations in these countries. [Planning] PMI@, PMBOK@ Guide, 2013, 164
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