Pass the BCS Project & programme management and consultancy certifications ISEB-PM1 Questions and answers with ExamsMirror

The highest degrees of project risk and uncertainty are associated with the following phase of the project:

A work package has been scheduled to cost $1,000 to complete, and was to be finished today. As of today, the actual expenditure is $1,200 and approximately half of the work has been completed.

What is the cost variance?

What risk technique is used to quantify the probability and impact of risks on project objectives?

What is the difference between management reserves and contingency reserves?

In an activity-on-node diagram, the nodes represent:

The basic elements of communication include:

What is the primary benefit of meeting quality requirements?

Which process group can be performed outside the project's scope of control?

Which stakeholder is responsible for managing related projects in a coordinated way?

Your project has an EV of 100 work-days, an AC of 120 work-days, and a PV of 80 work-days.

What should be your concern?

You are a contract project manager for a wholesale flower distribution company. Your project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered, packaged, and mailed to the consumer directly from the grower's site. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300, AC = 200, and EV = 250.

What is the CPI of this project?

In an organization with a projectized organizational structure, who controls the project budget?

A line manager who is asked to wear two hats and function as a project manager at the same time is likely to exercise:

Which contract type is typically used whenever the seller's performance period spans a considerable period of years?

Lessons learned are most often based upon project historical records. Lessons learned can be used to: