+360-Questions-and-Answers-For-PMBOK-Guide-SIXTH -Edition

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PMBOK® Guide, page 674 , SectionX4.3

Key concepts for Project Schedule Management include:

o Projectschedulingprovidesadetailedplanthatrepresentshowandwhentheprojectwill

delivertheproducts,services,andresultsdefinedintheprojectscope;

o Theprojectscheduleisusedasatoolforcommunication,managingstakeholderexpectations,

andabasisforperformancereporting;and

o Whenpossible,thedetailedprojectscheduleshouldremainflexiblethroughouttheproject

to adjust for knowledge gained, increased understanding of the risk, and value-added

activities.

235.Answer:D.

PMBOK® Guide, page 674 , SectionX4.4

Key concepts for Project Cost Management include the following:

o ProjectCostManagementisprimarilyconcernedwiththecostoftheresourcesneededto

completeprojectactivities,butitshouldalsoconsidertheprojectactivities,butitshouldalso

consider the effect or project decisions on the subsequent recurring cost of using,

maintaining,andsupportingprojectdeliverables.

o Differentstakeholderswill measureproject costsindifferentways andat different times.

Stakeholderrequirementsformanagingcostsshouldbeconsideredexplicitly.

o Predictingandanalyzingtheprospectivefinancialperformanceoftheproject’sproductmay

beperformedoutsidetheproject,oritmaybepartofProjectCostManagement.

236.Answer:A.

PMBOK® Guide, page 675 , SectionX4.5

Key concepts for Project Quality Managementinclude:

o ProjectqualityManagementaddressesthemanagementoftheprojectandthedeliverablesofthe
project.Itappliestoallprojects,regardlessofthenatureoftheirdeliverables.Qualitymeasuresand
techniquesarespecifictothetypeofdeliverablesbeingproducedbytheproject.
o Qualityandgradearedifferentconcepts.
o Qualityis“thedegreetowhichasetofinherentcharacteristicsfulfillsrequirements”(ISO 9000 ).
o Gradeisacategoryassignedtodeliverableshavingthesamefunctionalusebutdifferenttechnical
characteristics.Theprojectmanagerandteamareresponsibleformanagingtrade-offsassociated
withdeliveringtherequiredlevelsofbothqualityandgrade.
o Preventionispreferredoverinspection.Itisbettertodesignqualityintodeliverables,ratherthanto
findqualityissuesduringinspection.Thecostofpreventingmistakesisgenerallymuchlessthanthe
costofcorrectingmistakeswhentheyarefoundbyinspectionorduringusage.

1. Projectmanagersmayneedtobefamiliarwithsampling,includingattribute sampling(the
   resulteitherconformsordoesnotconform)andvariablesampling(theresultisratedona
   continuousscalethatmeasuresthedegreeofconformity).