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IIBA CBAP Practice Test - Questions Answers, Page 22

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List of questions

Question 211

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Which of the following charts is a quality control tool to show categories of defects?

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Question 212

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Which one of the following diagrams when properly laid out is always laid in a left to right display to properly reflect the chronology of all project work?

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Question 213

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Which of the following is a visual decomposition of the program scope and the resources needed in order to create the things defined within the program scope?

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Question 214

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When does the lessons learned document is updated?

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Question 215

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Which of the following stages of a project defines the number of risks and opportunities, including intense planning and anticipation of risk events?

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Question 216

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Which of the following roles works with the project team to understand the deliverables and then teaches the users of the deliverables how to utilize the project's product?

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Question 217

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Which of the following qualitative techniques involves a disciplined analysis of the event sequences that could transform a potential hazard into an accident?

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Question 218

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Which of the following establishes organizational checks and balances with a proper segregation of front, back, and middle office functions for effective risk management?

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Question 219

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As a program manager, you decided to overlap two phases of your program.

Which of the following terms best describe your act?

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Question 220

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Which of the following software development life cycles is a methodology that divides the project into phases, and the project manager focuses on control of time, cost, and scope?

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The table illustrates the statement of cash flows for a courier company for the last fiscal year. Due to aggressive market competition, the management of the company performed a strategy review and based on their findings and the current market conditions they came up with strategic and tactical changes in order to keep a competitive market position. In order to strengthen customer retention strategies through a new competitive advantage, the company is considering implementing a live parcel tracking system. The added value will be that the customers may determine the exact location of the parcel whether it is in a warehouse, crossing the ocean through an overseas ship, or travelling in a delivery truck at any time. The system tracks the location of the parcel by tracking the vehicle in which it is contained. However, for a group of old delivery trucks, it was noticed that the engine sound and vibration disturbed the tracking signal and caused interruptions. Therefore, the tracking does not perform accurately on these vehicles. Although the majority of management would like to sell these vehicles and replace them with newer ones, the Chief Financial Officer (CFO) was strongly against that approach. The CFO argued that instead of hanging tracking devices on the trucks' body, they can have the truck drivers manually send the truck location from a hand held mobile device every 30 minutes. The company has a total of 134 old delivery trucks that have been in service for 10 years. Each vehicle was bought at a price of $22,000. Depreciation is done using a straight line basis and it is estimated that the vehicle depreciates at $1000 per year. The estimated salvage value per vehicle is about $3,000. Another area of tactical improvement for the courier company is pricing. The management strongly believes that they can start a price war with the most aggressive competitor. Management thinks, with their variable cost of $4 per parcel and fixed cost of $6 per parcel, they can win the market. However, after implementing the tracking solution, fixed cost will jump to $8 per parcel which made management reconsider their options. The competitor has variable costs of $5 per parcel and fixed costs o $7 per parcel. The CFO's resistance to replacing the older vehicles represents which type of cost?