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NEW QUESTION: 1
Which is a task of product-based planning?
A. Design the plan
B. Create the product flow diagram
C. Analyze the risks
D. Prepare the schedule
Answer: B
Explanation:
Topic 2, Volume B

NEW QUESTION: 2

A. Option D
B. Option B
C. Option C
D. Option A
Answer: C

NEW QUESTION: 3
You are creating a schedule by using Microsoft Project. You enter the non-working days for the organization into the Standard calendar.
You need to save the updated calendar to use in future projects.
What should you do?
A. Use Change Working Time to copy the Standard calendar.
B. Use the Organizer to copy the Standard calendar to the Global template.
C. Use Project Information to change the Project calendar.
D. Use the Organizer to copy the Gantt Chart view to the Global template.
Answer: B
Explanation:
Explanation/Reference:
References:
https://support.office.com/en-us/article/Copy-reports-calendars-and-views-using-the-Organizer-78d9c687- b70f-4a20-86c5-e1c65c124261

NEW QUESTION: 4
You're the project manager on a software project that is planning out various approaches to technical work. There's a 20% chance that a component you are going to license will be dif cult to integrate and cost $3000 in rework and delays. There's also a 40% chance that the component will save $10,000 in time and effort that would have been used to build the component from scratch. What's the EMV for these two possibilities?
A. $13,000
B. $3,400
C. - $600
D. $7,000
Answer: B
Explanation:
The expected monetary value (or EMV) of the problems integrating the component is the probability (20%) times the cost ($3,000), but don't forget that since it's a risk, that number should be negative. So its EMV is 20% x $3,000 = -$600. The savings from not having to build the component from scratch is an opportunity. It has an EMV of 40% x $10,000 = $4,000. Add them up and you get -$600 + $4,000 = $3,400.