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NEW QUESTION: 1
You are the project manger at a leading manufacturer of consumer electronics, personal computers and peripherals. Unfortunately, your company is facing a rapidly maturing market characterized by consolidation and commoditization. Hence you have been assigned a project to drive growth and profit by integrating an online CRM (costumer relationship management) solution. Industry benchmarks suggest the CRM solution should generate $100-$300M in bottom the benefits.
As the project comes to an end, you've determined that the CPI is 1.2 and SPI is 1.1. In addition, you've determined that the project team has added six reporting capabilities and functionalities that were overlooked in the project management plan. Upper management is very satisfied with the results of your project. Which of the following BEST describes the project's success?
A. The project was unsuccessful since it was gold plated
B. The project was unsuccessful since the project was over project
C. The project was definite success since the stakeholders were satisfied with the project results
D. The project was a definite success since the project was under budget and ahead of schedule
Answer: A

NEW QUESTION: 2
Analogous cost estimating relies on which of the following techniques?
A. Reserve analysis
B. Expert judgment
C. Project management software
D. Vendor bid analysis
Answer: B
Explanation:
Explanation/Reference:
Explanation:
4.1.2.1 Expert Judgment
Definition: Expert judgment is often used to assess the inputs used to develop the project charter. Expert judgment is applied to all technical and management details during this process. Such expertise is provided by any group or individual with specialized knowledge or training and is available from many sources, including:
Other units within the organization,

Consultants,

Stakeholders, including customers or sponsors,

Professional and technical associations,

Industry groups,

Subject matter experts (SME), and

Project management office (PMO).

NEW QUESTION: 3
Which of the following contents are included in a migration project solution? (Multiple Choice)
A. Contingency plan
B. Migration preparation
C. Rollback solution
D. Migration implementation
Answer: A,B,C,D