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NEW QUESTION: 1
You are assigned as a project manager for an internal project. During cost planning and budgeting you found out, that there are peak times of costs during the project and other times when costs are fairly low. What could this mean for the project?
A. You can silently create budget contingencies during low-cost periods and re-use them later during those periods when you have to cover peak levels in project costs.
B. The fiscal budget mechanism which is used by the performing organization may not allow for cost peaks in your project, and you may have to smooth expenditures over time.
C. You may find another project manager with a project which has a different rhythm of high and low costs. Then, you may be able to move budget during one project's low cost periods to the other project.
D. You are a project manager and work with a lifecycle budget for your project. Fiscal budgets are a matter of the functional organization, and you have generally not to care about them.
Answer: B
NEW QUESTION: 2
As a part of monitoring and controlling the project, the project manager should update the risk register. The project manager should update the risk register with information on risk reassessment, risk audits, and periodic risk reviews. What other information should the project manager update the risk register with?
A. Actual outcomes of the project's risks and of the risk responses.
B. Actual costs and schedule delays of risk events.
C. Actual cost of risk events.
D. Actual outcomes of risk management duties by the project team.
Answer: A
NEW QUESTION: 3
The following SAS program is submitted:
data work.test;
Title = 'A Tale of Two Cities, Charles J.
Dickens';
Word = scan(title,3,' ,');
run;
Which one of the following is the value of the variable WORD in the output data set?
A. of
B. T
C. Dickens
D. ' ' (missing character value)
Answer: D