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NEW QUESTION: 1
Project or phase closure guidelines or requirements, historical information, and the lessons learned knowledge base are examples of which input to the Close Project or Phase process?
A. The project management plan
B. A work breakdown structure
C. Organizational process assets
D. Enterprise environmental factors
Answer: C
Explanation:
Explanation/Reference:
Explanation:
2.1.4 Organizational Process Assets
Organizational process assets are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. They include any artifact, practice, or knowledge from any or all of the organizations involved in the project that can be used to perform or govern the project. The process assets also include the organization's knowledge bases such as lessons learned and historical information. Organizational process assets may include completed schedules, risk data, and earned value data. Organizational process assets are inputs to most planning processes. Throughout the project, the project team members may update and add to the organizational process assets as necessary.
Organizational process assets may be grouped into two categories: (1) processes and procedures, and (2) corporate knowledge base.
Process: 4.6. Close Project or Phase
Definition: The process of finalizing all activities across all of the Project Management Process Groups to formally complete the phase or project.
Key Benefit: The key benefit of this process is that it provides lessons learned, the formal ending of project work, and the release of organization resources to pursue new endeavors.
Inputs
1. Project management plan
2. Accepted deliverables
3. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Analytical techniques
3. Meetings
Outputs
1. Final product, service, or result transition
2. Organizational process assets updates
NEW QUESTION: 2
A compensating balance:
A. Compensates a financial institution for services rendered by providing it with deposits of funds.
B. Is a level of inventory held to compensate for variations in usage rate and lead time.
C. Is the amount of prepaid interest on a loan.
D. Is used to compensate for possible losses on a marketable securities portfolio.
Answer: A
Explanation:
Banks sometimes require a borrower to keep a certain percentage of the face amount of a loan in a noninterest-bearing checking account. This requirement raises the effective rate of interest paid by the borrower. This greater rate compensates a bank for services provided and results in greater profitability for the financial institution. Funds kept as a compensating balance can often be withdrawn if a certain average balance is maintained.
NEW QUESTION: 3
A data architect needs to write the expression for a measure on a KPI to show the sales person with the highest sales. The sort order of the values of the fields is unknown. When two or more sales people have sold the same amount, the expression should return all of those sales people.
Which expression should the data architect use?
A. Concat(DISTINCT IF{Aggr{Rank{Sum(Sales),1),Salesperson)=1, Salesperson) , ' ')
B. FirstSortedValue{DISTINCT Salesperson,-Aggr{Sum(Sales),Salesperson))
C. Concat(DISTINCT IF{Aggr{Rank{Sum(Sales),4),Salesperson)=1,Salesperson),' ')
D. FirstSortedValue {Salesperson, -Aggr (Sum{Sales), Salesperson))
Answer: C
NEW QUESTION: 4
A project manager receives an approved request related to a project's governance framework. What should the project manager do to implement this change?
A. Submit the change request to the project steering committee for approval
B. Put me project on hold until the impact of the change can be assessed
C. Re-estimate the durations of project activities affected by the change
D. Revisit the plan project process and update all planning documents affected by the change.
Answer: D
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