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Project Management Concepts Quiz_Round 1

Authored by Diamond Brown

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Professional Development

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Project Management Concepts Quiz_Round 1
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an assumption log?

A place to document lessons learned

A list of stakeholder needs

A record of assumptions and constraints

A communication tracker

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a fixed price incentive fee (FPIF) contract?

Buyer pays a fixed amount regardless of performance

Buyer pays cost plus incentive for early completion

Seller earns a bonus if performance goals are met

Buyer reimburses actual costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between corrective and preventive action?

Preventive is after the fact

Corrective addresses existing problems; preventive avoids future issues

Corrective is used for quality

Preventive is never used in scope

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the quality management plan define?

Scope quality

The audit team

Project’s quality requirements and standards

Team qualifications

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a tool of the Plan Quality Management process?

Benchmarking

Flowcharting

Affinity diagrams

Issue log

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is meant by resource leveling?

Adjusting resources to ensure budget alignment

Assigning extra resources to critical path

Resolving overallocation by adjusting start/finish dates

Shifting tasks to subcontractors

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which estimating technique is most accurate but time-consuming?

Parametric

Analogous

Three-point

Bottom-up

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