GARP 2016-FRR Q&A - in .pdf

  • 2016-FRR pdf
  • Exam Code: 2016-FRR
  • Exam Name: Financial Risk and Regulation (FRR) Series
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
What account may be specified if IsICP is enabled for intercompany account properties?
A. The Validation account
B. The ICP account
C. The Expenses account
D. The Plug account
Answer: D

NEW QUESTION: 2
According to ITIL@ v3 framework, which capacity management sub-process ensures the optimum use of a Service Provider as current hardware and software resources in order to achieve and maintain the agreed Service Level Agreements (SLAs) or Service Level Requirements (SLRs)?
A. Service
B. Component
C. Performance
D. Business
Answer: B

NEW QUESTION: 3
You are the project manager for your organization. Maagement has asked you for this current project. You use the critical chain method to create the project network diagram rather than the more traditional critical path method. What is the critical chain method?
A. It examines the availability of needed project resources to determine when activities may actually happen.
B. It examines only the non-critical path activities that are considered near critical, if the float is one day or less.
C. It generates a Gantt chart that reflects the availability of project resources and considers working and non-working days for the project.
D. It examines only the critical path activities to determine when the project completion date may be.
Answer: A
Explanation:
The critical chain method is similar to the critical path method, but it considers the availability of project resources. The critical path method assumes that the project resources are available for the identified project work in the sequence of the work as defined in the project network diagram. The Critical Chain method is a project management technique in which schedule network analysis is used for the purpose of modifying and determining a set of project schedules to account for more inadequate than estimated project financial resources. This method tends to keep the resources levelly loaded, but requires the resources to be flexible in their start times and to quickly switch between tasks and task chains to keep the whole project on schedule. In the Critical Chain method, projects are completed more rapidly and with better scheduling consistency. Answer options B, A, and D are incorrect. These are not valid definitions for the critical chain method.

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