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1. For what primary purpose do cost and progress managers require the project change log?
A) Cost and progress managers are responsible to systematically document all change requests.
B) Cost and progress managers rarely require the change log, as it is a tool primarily for project managers.
C) The change log provides key inputs for estimation at completion (EAC) maintenance.
D) The change log is mandatory for global reporting.
2. During which stage of risk planning are risks prioritized based on probability and impact?
A) Qualitative risk analysis.
B) Plan risk responses.
C) Identify risks.
D) Quantitative risk analysis.
3. What of the following is NOT part of the root cause analysis process?
A) Proposals for corrective/ preventive actions.
B) Gather the facts.
C) Escaped defect analysis.
D) Identify the people/teams responsible for the cost overrun.
4. How are project deliverables structured and organized in IPM?
A) Through work items within work packages.
B) Through sales orders.
C) Through sales items.
D) Through quality checklists.
5. Which transaction in SAP triggers the cost of work by an external supplier?
A) Booking the supplier invoice.
B) Goods receipt of the purchase order.
C) Updating the cost in the vendor outline agreement.
D) Setting the purchase amount in the purchase order.
Solutions:
Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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