Online Access Free ISEB-PM1 Exam Questions

Reserve Analysis a technique not used in:

• A.Estimating Activity Duration
• B.Estimate Costs
• C.Control Costs
• D.Determine Budget

As part of a mid-project evaluation, your project sponsor has asked you to provide a forecast of total project cost. You should calculate the forecast using which of the following methods?

• A.BAC
• B.EAC
• C.ETC
• D.WBS

Which statement is TRUE about Present Value(PV)?

• A.The difference in benefit received between a chosen project and a project that was not chosen
• B.The interest rate that makes the net present value of all cash flow equal zero
• C.The present value of cash inflow less the present value of cash outflow
• D.The value today of future cash flow

You are a project manager for Giraffe Enterprises. You've recently taken over for a project manager who lied about his PMI certification and was subsequently fired. Unfortunately, he did a poor job of scope definition. Which of the following could happen if you don't correct this?

• A.The project costs could increase, there might be rework, and schedule delays might result.
• B.The poor scope definition will adversely affect the creation of the work breakdown structure, and costs will increase.
• C.The stakeholders will require overtime from the project team to keep the project on schedule.
• D.The project management plan's process for verification and acceptance of the deliverables needs to be updated as a result of the poor scope definition.

You are a new project manager who has never managed a project before. You have been asked to plan a new project. It would be BEST in this situation to rely on _______ during planning to improve your chance of success.

• A.Configuration management
• B.Historical information
• C.Your intuition and training
• D.Stakeholder analysis