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NEW QUESTION 25
Which stakeholder communicates with higher levels of management to gather organizational support and promote project benefits?
- A. Project management office
- B. Project sponsor
- C. Project manager
- D. Portfolio manager
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Sponsor. A sponsor is the person or group who provides resources and support for the project and is accountable for enabling success. The sponsor may be external or internal to the project manager's organization. From initial conception through project closure, the sponsor promotes the project. This includes serving as spokesperson to higher levels of management to gather support throughout the organization and promoting the benefits the project brings. The sponsor leads the project through the initiating processes until formally authorized, and plays a significant role in the development of the initial scope and charter. For issues that are beyond the control of the project manager, the sponsor serves as an escalation path. The sponsor may also be involved in other important issues such as authorizing changes in scope, phase-end reviews, and go/no-go decisions when risks are particularly high. The sponsor also ensures a smooth transfer of the project's deliverables into the business of the requesting organization after project closure.
NEW QUESTION 26
Which of the following is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen?
- A. Sensitivity analysis
- B. Expected monetary value analysis
- C. Three-point estimate
- D. Modeling and simulation
Answer: B
Explanation:
Section: Volume E
NEW QUESTION 27
Which of the following characteristics are found in a functional organizational structure?
- A. Low to moderate project manager authority, low to moderate resource availability, and a full-time project manager's role
- B. Little or no project manager authority, little or no resource availability, and the functional manager controls the project budget
- C. Limited project manager authority, limited resource availability, and a part-time project manager's role
- D. High to almost total project manager authority, high to almost total resource availability, and full-time project management administrative staff
Answer: B
NEW QUESTION 28
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