A regression line is used to estimate:
Answer(s): B
Scatter Diagram. A correlation chart that uses a regression line to explain or to predict how the change in an independent variable will change a dependent variable.
An input to Conduct Procurements is:
Answer(s): C
12.2.1.4 Seller ProposalsSeller proposals, prepared in response to a procurement document package, form the basic information that will be used by an evaluation body to select one or more successful bidders (sellers).Process: 12.2 Conduct ProcurementsDefinition: The process of obtaining seller responses, selecting a seller, and awarding a contract.Key Benefit: The key benefit of this process is that it provides alignment of internal and external stakeholder expectations through established agreements.Inputs1. Procurement management plan2. Procurement documents3. Source selection criteria 4. Seller proposals5. Project documents6. Make-or-buy decisions7. Procurement statement of work8. Organizational process assetsTools & Techniques1. Bidder conference2. Proposal evaluation techniques3. Independent estimates4. Expert judgment5. Advertising6. Analytical techniques7. Procurement negotiationsOutputs1. .Selected sellers2. .Agreements3. .Resource calendars4. .Change requests5. .Project management plan updates6. .Project documents updates
What are the Project Procurement Management processes?
12. Project Procurement Management12.1 Plan Procurement Management12.2 Conduct Procurements12.3 Control Procurements12.4 Close Procurements
Which tool or technique is used to develop the human resource management plan?
Process: 9.1 Plan Human Resource Management Definition: The process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan.Key Benefit: The key benefit of this process is that it establishes project roles and responsibilities, project organization charts, and the staffing management plan including the timetable for staff acquisition and release. Inputs1. Project management plan2. Activity resource requirements3. Enterprise environmental factors4. Organizational process assetsTools & Techniques1. Organization charts and position descriptions2. Networking3. Organizational theory4. Expert judgment5. MeetingsOutputs1. Human resource management plan4.1.2.1 Expert JudgmentExpert judgment is often used to assess the inputs used to develop the project charter. Expert judgment is applied to all technical and management details during this process. Such expertise is provided by any group or individual with specialized knowledge or training and is available from many sources, including:Other units within the organization, Consultants,Stakeholders, including customers or sponsors, Professional and technical associations, Industry groups,Subject matter experts (SME), and Project management office (PMO).
Processes in the Planning Process Group are typically carried out during which part of the project life cycle?
Answer(s): D
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