Regression analysis, failure mode and effect analysis (FMEA), fault tree analysis (FTA), and trend analysis are examples of which tool or technique?
Answer(s): D
4.4.2.2 Analytical TechniquesAnalytical techniques are applied in project management to forecast potential outcomes based on possible variations of project or environmental variables and their relationships with other variables. Examples of analytical techniques used in projects are:Regression analysis, Grouping methods, Causal analysis, Root cause analysis,Forecasting methods (e.g., time series, scenario building, simulation, etc.), Failure mode and effect analysis (FMEA),Fault tree analysis (FTA), Reserve analysis,Trend analysis,Earned value management, and Variance analysis.
The Perform Quality Assurance process occurs in which Process Group?
Answer(s): A
Executing Process Group4.3 Direct and Manage Project Work8.2 Perform Quality Assurance9.2 Acquire Project Team9.3 Develop Project Team9.4 Manage Project Team10.2 Manage Communications12.2 Conduct Procurements13.3 Manage Stakeholder Engagement
Enterprise environmental factors are an input to which process?
Answer(s): C
Process: 5.1 Plan Scope ManagementDefinition: The process of creating a scope management plan that documents how the project scope will be defined, validated, and controlled.Key Benefit: The key benefit of this process is that it provides guidance and direction on how scope will be managed throughout the project.Inputs1. Project management plan2. Project charter3. Enterprise environmental factors4. Organizational process assetsTools & Techniques1. Expert judgment2. MeetingsOutputsScope management plan Requirements management plan
Which process develops options and actions to enhance opportunities and reduce threats to project objectives?
Process: 11.5 Plan Risk ResponsesDefinition: The process of developing options and actions to enhance opportunities and to reduce threats to project objectives.Key Benefit: The key benefit of this process is that it addresses the risks by their priority, inserting resources and activities into the budget, schedule and project management plan as needed.Inputs1. Risk management plan 2. Risk registerTools & Techniques1. Strategies for negative risks or threats2. Strategies for positive risks or opportunities3. Contingent response strategies4. Expert judgmentOutputs1. Project management plan updates2. Project documents updates
The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule is known as:
Process: 6.1 Plan Schedule ManagementDefinition: The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule.Key Benefit: The key benefit of this process is that it provides guidance and direction on how the project schedule will be managed throughout the project.Inputs1. Project management plan2. Project charter3. Enterprise environmental factors4. Organizational process assetsTools & Techniques1. Expert judgment2. Analytical techniques3. MeetingsOutputs1. Schedule management plan
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