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NEW QUESTION: 1
A. Option D
B. Option B
C. Option A
D. Option C
Answer: A
NEW QUESTION: 2
You are responsible for preparing a cost estimate for a large World Bank project. You decide to prepare a bottom-up estimate because your estimate needs to be as accurate as possible. Your first step is to______________
A. Use the cost estimate from a previous project to help you prepare this estimate
B. Consult with subject matter experts and use their suggestions as the basis for your estimate
C. Identify and estimate the cost for each work package or activity
D. Locate a computerized tool to assist in the process
Answer: C
Explanation:
Bottom-up estimating is derived by first estimating the cost of the project's elemental tasks at the lower levels of the WBS or for an activity and then aggregating those estimates at successively higher levels of the WBS for subsequent reporting and tracking purposes. [Planning] PMI@, PMBOK@ Guide, 2013, 205
NEW QUESTION: 3
You are managing a large portfolio and know that you will need to constantly show the progress and status of the portfolio in meeting. For this you have developed a robust roadmap using BI tools. The portfolio roadmap is an important document used throughout the portfolio life cycle; when it comes to developing the portfolio communication management plan, which of the following options is correct
A. The portfolio roadmap provides a high-level timeline for expected portfolio component delivery
B. The portfolio roadmap is necessary for this process because it summarizes strategic objectives, evolving aspects of the strategy by organizational areas, portfolio milestones, dependencies, challenges, and risks
C. The portfolio roadmap provides the high-level strategic approach in a chronological fashion for portfolio management execution
D. The portfolio roadmap helps with the understanding of the structure of the portfolio and interdependencies among the portfolio components
Answer: D
Explanation:
Explanation
When it comes to Developing the Portfolio Communication Management Plan, the portfolio roadmap helps with the understanding of the structure of the portfolio and interdependencies among the portfolio components.
The portfolio roadmap provides the high-level strategic approach in a chronological fashion for portfolio management execution is a trait of the roadmap as an input to Manage Strategic Change process. The portfolio roadmap is necessary for this process because it summarizes strategic objectives, evolving aspects of the strategy by organizational areas, portfolio milestones, dependencies, challenges, and risks is a trait of the roadmap as an input to the Define Portfolio process. The portfolio roadmap provides a high-level timeline for expected portfolio component delivery is a trait of the roadmap as an input to the Manage Portfolio Value process
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