The ones that are in bold is what I think the answer is. If you think any is wro

Question

The ones that are in bold is what I think the answer is. If you think any is wrong could you explain.

Question 1         2 points

What are organizational process assets?

(a) They are about how the organization runs it projects

(b) They are related to the budget

(c) They are related to team organization

(d) They are how the performing organization does its business

Question 2         2 points

Which one of the following is not an enterprise environmental factor?

(a) Political climate

(b) Commercial databases

(c) Mandatory project audit guidelines

(d) Industry standards

Question 3         2 points

The project resource availability is at maximum in organizations with the following structure(s):

(a) Multi-divisional

(b) Organic

(c) PMO

(d) Hybrid

Question 4         2 points

Which document is issued to authorize a project?

(a) Project Overview Statement

(b) Project Charter

(c) Project Business Case

(d) Project Benefit Management Plan

Question 5         2 points

Which of the following does not have to be in the project charter?

(a) Communication management plan

(b) Project success criteria

(c) Milestone schedule

(d) Project sponsor name and authority

Question 6         2 points

Under which organizational structure are resources fully available for project work?

(a) Weak Matrix

(b) Projectized

(c) Strong Matrix

(d) Functional

Question 7         2 points

What are enterprise environmental factors?

(a) They are about how the organization runs it projects

(b) They are how the performing organization does its business

(c) They are related to team organization

(d) They are related to the budget

Question 8         2 points

Who authorizes the project?

(a) Project manager

(b) CEO

(c) CFO

(d) Project sponsor

Question 9         2 points

We estimate that we will spend $500,000.00 on the project. The benefits the first year are estimated at $790,000.00. What is the ROI?

(a) 158%

(b) 58%

(c) $790,000.00

(d) $290,000.00

Question 10         2 points

We are working on a project X with estimated profit of $65,142.00. We are offered project Y to work on instead. Project Y has an estimated profit of $80,262.00. What is the opportunity cost of project Y?

(a) $15,120.00

(b) $80,262.00

(c) $65,142.00

(d) No enough information to answer this question

Explanation / Answer

d. The plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. c. Mandatory project audit guidelines a. Multi-divisional team needs more resources. b.Project Charter considers approval from all stake holders. a. Communication management plan is not required, but project success criteria i.e. expected goals should be mentioned in the charter. c.Strong Matrix a.Enterprise Environmental factors is related to a project. a.Project Manager b.58% a.$15120

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