Project Procurement Management Quiz
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Questions and Answers

What is the primary output of the Plan Cost Management process?

  • Procurement plan
  • Risk register
  • Quality management plan
  • Project budget (correct)
  • In Project Cost Management, what is the key input for the Estimate Costs process?

  • Quality metrics
  • Risk response plan
  • Project schedule (correct)
  • Resource calendars
  • In the context of Project Cost Management, which process involves creating cost estimates for project activities?

  • Estimate Costs (correct)
  • Plan Quality Management
  • Plan Risk Management
  • Plan Human Resource Management
  • What is a key output of the Perform Qualitative Risk Analysis process in Project Cost Management?

    <p>Risk matrix</p> Signup and view all the answers

    What tool or technique is commonly used in the Determine Budget process of Project Cost Management?

    <p>Regression analysis</p> Signup and view all the answers

    Which document is typically created in the Plan Risk Responses process of Project Cost Management?

    <p>Risk register updates</p> Signup and view all the answers

    What is a fundamental input to the Plan Procurement Management process in Project Cost Management?

    <p>Procurement statement of work</p> Signup and view all the answers

    'Resource calendars' are primarily utilized in which process of Project Cost Management?

    <p>Determine Budget</p> Signup and view all the answers

    'Vendor bid analysis' is a key tool or technique used in which phase of Project Cost Management?

    <p>'Plan Procurement Management'</p> Signup and view all the answers

    'Quality audits' can be an important tool or technique in which phase of Project Cost Management?

    <p>'Plan Quality Management'</p> Signup and view all the answers

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