Section 5: Cost Management QUESTION 111 You are working for an international construction company. Your project involves pulling together over 13 different subprojects. You are having difficulty in ensuring three subcontractors are doing their work correctly. As you review the project results you notice you have spent US $1,200,000 at the last reporting point. You…
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PMI-001 Q&A – Section 5: Cost Management (101-110)
Section 5: Cost Management QUESTION 101 A trend report was given to the project manager, who reacted to the report by investigating what activity or activities had not been done, but should have been done, to date. What did the report show? A. Actual cost was below planned and schedule progress was less than planned….
Continue readingPMI-001 Q&A – Section 5: Cost Management (61-70)
Section 5: Cost Management QUESTION 61 The BEST description of costs that change with the amount of production is: A. Variable costs. B. Fixed costs. C. Direct costs. D. Sunk costs. Answer: A
Continue readingPMI-001 Q&A – Section 2: Integration Management (141-150)
Section 2: Integration Management QUESTION 141 Your project no longer ties into the company’s objectives. What would be the BEST thing to do? A. Decrease the cost. B. Extend the schedule. C. Change the CPI. D. Change the target opportunity cost. Answer: B
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