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NEW QUESTION: 1
Which document in the project management plan can be updated in the Plan Procurement Management process?
A. Procurement documents
B. Budget estimates
C. Risk matrix
D. Requirements documentation
Answer: D
NEW QUESTION: 2
You've identified a risk event on your current project that could save $500,000 in project costs if it occurs. Your organization is considering hiring a consulting firm to help establish proper project management techniques in order to assure it realizes these savings. Which of the following is true based on this statement? (Choose the best answer.)
A. This is a risk event that should be accepted, because the rewards outweigh the threat to the project.
B. This risk event should be mitigated to take advantage of the savings.
C. This a risk event that should be shared to take full advantage of the potential savings.
D. This risk event is an opportunity to the project and should be exploited.
Answer: C
Explanation:
This risk event has the potential to save money on project costs. Sharing involves using a third party to help assure that the opportunity take place.
NEW QUESTION: 3
How does the goods withdrawal for a work order for production mapped in the system? (Choose four)
A. Confirmation of the transfer order completes the process
B. It generates a negative quants in the goods issue area for work order
C. A transfer requirement for all the components from the storage area as defined in the order is generated
D. The goods issue is posted for the work order in the warehouse number total stock
E. The goods issue is posted for the work order in Inventory Management
F. It generates a positive quants in the goods issue area for work order
Answer: A,C,E,F
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