PMI-SP Exam Dumps

The scope baseline is not an input to the estimate activity durations process. The

project's scope statement is an input, but according to the

PMBOK, the scope baseline is not. The seven inputs to this process are: activity list, activity

attributes, activity resource requirements,

resource calendars, project scope statement, enterprise environmental factors, and organizational

process assets.

Answer options C, B, and D are incorrect. These all are an input to the estimate activity durations

process.

The schedule baseline is the only output of the develop schedule process among these answers. The

three other outputs of the Develop

Schedule Process are: project schedule, schedule data, and project document updates.

Answer option D is incorrect. Activity duration estimates are an output of the Estimate Activity

Duration process.

Answer option A is incorrect. Work performance information is an input of the Control Schedule

process.

Answer option C is incorrect. Resource calendars are an input to the Develop Schedule process.

There is positive variance of $122,845 on Fred's project. Variances can be either positive or negative.

Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that

the schedule is ahead or behind what was planned for this period in time. The schedule variance is

calculated based on the following formula:

SV = Earned Value (EV) - Planned Value (PV)

If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater

than 0 shows that the project is ahead of the planned schedule. A value of 0 indicates that the

project is right on target.

Answer option C is incorrect. This is the project's variance at completion.

Answer option D is incorrect. This is the cost variance for the project.

Answer option A is incorrect. This is not a valid answer for the project.

A schedule variance is found by subtracting the planned value from the earned value. A

-$37,500 schedule variance is considerable for most

projects, but combined with a schedule that is six percent off schedule is more serious. The size of

the project, however, and the defined

project budget, needs to be determined to evaluate how serious the variance is.

Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that

the schedule is ahead or behind what

was planned for this period in time. The schedule variance is calculated based on the following

formula:

SV = Earned Value (EV) - Planned Value (PV)

If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater

than 0 shows that the project is ahead of

the planned schedule. A value of 0 indicates that the project is right on target.

Answer option B is incorrect. This project is not performing well based on the given information.

Answer option A is incorrect. This project is likely to be late, but we do not know how costs are

performing in this question.

Answer option C is incorrect. There is not enough information to determine how well the project is

performing from this answer.

The change management system is comprised of several components that guide the

change request through the process. When a change

request is made that will affect the project scope. The Configuration Management System evaluates

the change request and documents the

features and functions of the change on the project scope.

What is Configuration Management System?

Configuration Management System is a subsystem of the overall project management system. It is a

collection of formal

documented procedures used to identify and document the functional and physical characteristics of

a product, result,

service, or component of the project. It also controls any changes to such characteristics, and

records and reports each

change and its implementation status. It includes the documentation, tracking systems, and defined

approval levels

necessary for authorizing and controlling changes. Audits are performed as part of configuration

management to determine

if the requirements have been met.

Answer option D is incorrect. Integrated Change Control, part of the change control system, does not

document changes to the features and

functions of the project scope. It evaluates the change's impact on eight knowledge areas: scope,

time, cost, quality, human resources,

communication, risk, and procurement.

What is Perform Integrated Change Control?

Perform Integrated Change Control is the process of reviewing all change requests, approving

changes, and controlling

changes to the deliverables and organizational process assets in a project. Perform Integrated

Change Control has to do

with influencing the things that cause change, determining that the change is required or has

happened, and managing

the change.

Answer option A is incorrect. Verify scope is a process of formalizing acceptance of the completed

project deliverables. It is an inspection-

driven process the stakeholders will complete to inspect the project scope deliverables. It is typically

performed at the end of the phase and

at the end of the project.

Answer option C is incorrect. The Project Management Information System (PMIS) is an information

system consisting of the tools and

techniques used to gather, integrate, and disseminate the outputs of project management

processes. It is used to support all aspects of the

project from initiating through closing, and can include both manual and automated systems. It is

the parent of the change control process. It

is a system that includes all of the change control processes for scope, time, cost, and procurement.

Configuration management is part of the

PMIS.