PMI-SP Exam Dumps

The performance measurement baseline, which can be comprised of cost, scope, and schedule, is the foundation for creating a performance report. Answer option B is incorrect. The scope baseline will only reflect the performance of the scope, whereas performance reports typically need scope, time, and cost as its foundation. Answer option A is incorrect. Cost variances and the cost performance index are cost values that must be considered along with the scope performance and schedule performance. Answer option D is incorrect. Only reporting performance on the schedule is not enough for a performance report. Laura should also report on scope and cost at a minimum.

The critical path is the path in the project network diagram with the longest duration. In project

management, a critical path is the sequence of project network activities which add up to the

longest overall duration. This determines the shortest time possible to complete the project.

Any delay of an activity on the critical path directly impacts the planned project completion date (i.e.

there is no float on the critical path). This

project actually has two critical paths. Path ACGIJ takes 23 days. Path ACGHJ also takes 23 days.

When Activity I decreases by three days the

critical will still take 23 days to complete as Path ACGHJ remains a critical path.

Answer option A is incorrect. The duration of the critical path did not increase.

Answer option D is incorrect. The duration of the path ACGIJ will decrease to 20 days but the critical

path will remain at 23 days.

Answer option B is incorrect. The critical path did not reduce to 17 days.

This is simply an example of a reporting system. It can be part of the project

management information system, but for your examination, the

PMBOK acknowledges this tool directly as part of project performance reporting.

Reporting system is a tool and technique used for reporting performance. It is a standard means to

store, capture, and give out the

information to the stakeholders about the project costs, performance, and schedule.

Answer option A is incorrect. The project management information system does more than just

communicating the performance. It is a tool to

help the project manager plan and monitor the project.

Answer option D is incorrect. The PMBOK does not mention a communications management system.

Answer option B is incorrect. Table reporting is one output of a reporting system, not the entire

system.

An activity is an individual element of work that is logically linked to other activities to

form the schedule. Its primary characteristics include an overall duration based upon the resources

applied to it (manpower, material, and equipment), as well as a start and

completion date that is tied to a work calendar. It also has a relationship with other activities

(predecessors and successors).