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NEW QUESTION: 1
As project manager, you identified a number of acceptable tolerances as part of your earned value management system. During execution, some "unacceptable" variances occurred. After each
"unacceptable" variance occurred, you did which one of the following first?
A. Documented lessons learned
B. Prepared a revised cost estimate
C. Adjusted the project plan
D. Updated the budget
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Lessons learned but not documented are "lessons lost." The lessons learned knowledge database will help current project members, as well as people on future projects, make better decisions. Accordingly, the reasons for the variance, the rationale supporting the corrective action, and other related information must be documented. They require updates as part of updates to organizational process assets as an output of control costs in terms of corrective actions taken and why they were selected.

NEW QUESTION: 2
Which of the following is characteristic of embezzlement?
A. Misrepresentation of material facts in order to mislead others to part with something of value.
B. Unlawful conversion of assets that are in the possession of an employee.
C. Favors from a supplier that is attempting to gain advantage when selling its products.
D. Stealing of material of value by unknown persons from outside the organization.
Answer: B

NEW QUESTION: 3
To complete the sentence, select the appropriate option in the answer area.

Answer:
Explanation: