Market conditions and published commercial information are examples of which input to the Estimate Costs process?
Answer(s): C
7.2.1.6 Enterprise Environmental FactorsDescribed in Section 2.1.5. The enterprise environmental factors that influence the Estimate Costs process include, but are not limited to:Market conditions. These conditions describe what products, services, and results are available in the market, from whom, and under what terms and conditions. Regional and/or global supply and demand conditions greatly influence resource costs.Published commercial information. Resource cost rate information is often available from commercial databases that track skills and human resource costs, and provide standard costs for material and equipment. Published seller price lists are another source of information.Process: 7.2 Estimate CostsDefinition: The process of developing an approximation of the monetary resources needed to complete project activities.Key Benefit: The key benefit of this process is that it determines the amount of cost required to complete project work.Inputs1. Cost management plan2. Human resource management plan3. Scope baseline4. Project schedule5. Risk register6. Enterprise environmental factors7. Organizational process assetsTools & Techniques1. Expert judgment2. Analogous estimating3. Parametric estimating4. Bottom-up estimating5. Three-point estimating6. Reserve analysis7. Cost of quality8. Project management software9. Vendor bid analysis10. Group decision-making techniquesOutputs1. Activity cost estimates2. Basis of estimates3. Project documents updates
An output of the Develop Project Team process is:
Answer(s): B
The process of confirming human resource availability and obtaining the team necessary to complete project activities is known as:
Process: 9.2 Acquire Project TeamDefinition: The process of confirming human resource availability and obtaining the team necessary to complete project activities.Key Benefit: The key benefit of this process consists of outlining and guiding the team selection and responsibility assignment to obtain a successful team.Inputs1. Human resource management plan2. Enterprise environmental factors3. Organizational process assetsTools & Techniques1. Pre-assignment2. Negotiation3. Acquisition4. Virtual teams5. Multi-criteria decision analysisOutputs1. Project staff assignments2. Resource calendars3. Project management plan updates
Which item is an example of personnel assessment?
Answer(s): D
The Plan Stakeholder Management process belongs to which Process Group?
Planning Process Group4.2 Develop Project Management Plan5.1 Plan Scope Management5.2 Collect Requirements5.3 Define Scope5.4 Create WBS6.1 Plan Schedule Management6.2 Define Activities6.3 Sequence Activities6.4 Estimate Activity Resources6.5 Estimate Activity Durations6.6 Develop Schedule7.1 Plan Cost Management7.2 Estimate Costs7.3 Determine Budget8.1 Plan Quality Management9.1 Plan Human Resource Management10.1 Plan Communications Management11.1 Plan Risk Management11.2 Identify Risks11.3 Perform Qualitative Risk Analysis11.4 Perform Quantitative Risk Analysis11.5 Plan Risk Responses12.1 Plan Procurement Management13.2 Plan Stakeholder Management
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