You are the project manager for the NHQ project. The management has reminded you that you must not allocate any project team member for more than 25 hours per work week on your project. This policy is because your organization is in a weak matrix and the project team members are on several projects at once within the organization. The 25-hour limit per resource is an example of which one of the following?

1. A. Expert judgment
2. B. Enterprise environmental factor
3. C. Resource limitation
4. D. Organizational process asset

Correct Answer: B
The limit on each work is an organizational policy for each project. Policies, rules, and organizational requirements are the enterprise environmental factors.
Answer option D is incorrect. Organizational process assets are things that have been created for the project manager, such as software, templates, guidelines, and other resources that will assist the project manager in completing the project.
Answer option C is incorrect. While this could be a resource limitation, it is not a valid project management term. Resource leveling heuristics or a project constraint would have been acceptable answers.
Answer option A is incorrect. Expert judgment happens, when the project manager relies on someone with more knowledge on a topic to help the project manager make the best project decision.

Fred is the project manager of the NHA project. This project has a BAC of $2,456,900 and is sixty percent complete. Fred has crashed the project, which has driven the project costs to date to $1,525,140, but his project is five percent more complete than what was planned. What is the cost variance for this project that Fred needs to report to management?

1. A. $122,845
2. B. -$51,000
3. C. -$85,000
4. D. Zero

Correct Answer: B
The cost variance for the project is -$51,000. You can find the cost variance by using the formula earned value minus planned value. In this instance, it is: CV = EV - AC = (0.60* 2,456,900) - 1,525,140 = -51,000
Answer option C is incorrect. -$85,000 is the project's variance at completion. Answer option A is incorrect. $122,845 is the project's schedule variance. Answer option D is incorrect. There is a cost variance on this project of -$51,000.

Harry works as the project manager for his organization. He is creating the activity list and would like to tag those activities that are comprised of apportioned effort. Which of the following is the best example of apportioned effort?

1. A. Adding features to the project's product that is not included in the project scope.
2. B. Managing the day-to-day events of a project.
3. C. Creating software as defined in the project scope.
4. D. Completing project activities as start-to-start events.

Correct Answer: B
Apportioned effort is effort applied that you cannot subdivide into work packages, but it is related to, usually in a supportive role, to the completion of the project work packages. The project management overhead, such managing the project work, is an example of apportioned effort. Apportioned effort (AE) is the effort that is applied to the project-related work that cannot be easily and readily divided into discrete efforts for those tasks, but which is associated in a direct proportion to the discrete work efforts that are capable of being measured. The presence of apportioned effort relies particularly on the performance of further efforts.
Answer option C is incorrect. This is an example of discrete effort.
Answer option A is incorrect. This is an example of a scope change that has not been approved.
Answer option D is incorrect. This is an example of a scheduling technique.

CORRECT TEXT
Fill in the blank with an appropriate phrase. The is defined in terms of either the product or the type of customer or industry sector.
Solution:
The application area is defined as a type of project that comprises common components important in such projects, but are not required or present in all projects. The application area is defined in terms of either the product or the type of customer or industry sector.

Does this meet the goal?

1. A. Yes
2. B. No

Correct Answer: A

You are the project manager for your company. You are currently working with your project team to begin sequencing the activity list. You will need organizational process assets and four other documents as inputs to this process. Which of the following is NOT one of the four documents you will need for activity sequencing?

1. A. Project scope statement
2. B. Milestone list
3. C. Project schedule network diagrams
4. D. Activity list

Correct Answer: C
The project schedule network diagram is an output of the sequence activity process, not an input. This process uses five inputs: the activity list, the activity attributes, milestone list, the project scope statement, and the organizational process assets. The project schedule
network diagram is an output of the sequence activity process. It represents a schematic display of the project's schedule activities and the logical relationship among them. This diagram can be produced manually or by using the project management software. It consists of complete project details, or one or more summary activities.
Answer options D, B and A are incorrect. These are inputs to the process.