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NEW QUESTION: 1
You are the chief technology officer of a major stock exchange in United States. You have just been provided a preliminary project scope statement from your project sponsor with regards to reengineering the organization's back office accounting, billing and administrative system. Which of the following the BEST NEXT plan of action?
A. Start performing activities to accomplish project objectives
B. Start scope verification
C. Start establishing management plans
D. Start documenting the impact of the requested changes
E. Start establishing and managing project communication channels
Answer: C

NEW QUESTION: 2

A. Host-based migration
B. Native migration facility
C. Automated scripts to move the data
D. IBM Lab Services engagement
Answer: B

NEW QUESTION: 3
You are the project manager for your organization. Management 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 only the critical path activities to determine when the project completion date may be.
B. It generates a Gantt chart that reflects the availability of project resources and considers working and non-working days for the project.
C. It examines the availability of needed project resources to determine when activities may actually happen.
D. It examines only the non-critical path activities that are considered near critical, if the float is one day or less.
Answer: C
Explanation:
Explanation/Reference:
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.
Incorrect Answers:
A, B, D: These are not valid definitions for the critical chain method.