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NEW QUESTION: 1
How is the risk register used in the'assess - estimate' step?
A. Identify risk owners
B. Record identified risks
C. Revise risk descriptions as necessary
D. Update the residual risk exposure
Answer: C
NEW QUESTION: 2
Your experience has taught you that inappropriate responses to cost variances can produce quality or schedule problems or unacceptable project risk. When leading a team meeting to discuss the importance of cost control, you note that cost control is concerned with______________
A. Establishing a cost performance baseline
B. Influencing the factors that create change to the authorized cost baseline
C. Allocating the overall cost estimate to individual work items
D. Developing an approximation of the costs of the resources needed to complete the project
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The control costs process is also concerned with ensuring that requested changes have been acted upon, managing actual changes if and when they occur, ensuring cost expenditures do not exceed authorized funding, monitoring cost performance, preventing unapproved changes from being included in the reported cost or resource use, informing stakeholders of all approved changes and their costs and bringing expected cost overruns within acceptable limits.
NEW QUESTION: 3
Please wait while the virtual machine loads. Once loaded, you may proceed to the lab section. This may take a few minutes, and the wait time will not be deducted from your overall test time.
When the Next button is available, click it to access the lab section. In this section, you will perform a set of tasks in a live environment. While most functionality will be available to you as it would be in a live environment, some functionality (e.g., copy and paste, ability to navigate to external websites) will not be possible by design.
Scoring is based on the outcome of performing the tasks stated in the lab. In other words, it doesn't matter how you accomplish the task, if you successfully perform it, you will earn credit for that task.
Labs are not timed separately, and this exam may have more than one lab that you must complete. You can use as much time as you would like to complete each lab. But, you should manage your time appropriately to ensure that you are able to complete the lab(s) and all other sections of the exam in the time provided.
Please note that once you submit your work by clicking the Next button within a lab, you will NOT be able to return to the lab.
You may now click next to proceed to the lab.
Lab information
Use the following login credentials as needed:
To enter your username, place your cursor in the Sign in box and click on the username below.
To enter your password, place your cursor in the Enter password box and click on the password below.
Microsoft 365 Username:[email protected]
Microsoft 365 Password:m3t
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