PMP Knowledge Area: Resource Management: Quiz-5

Question 1:

What is the primary goal of resource management in project management?

Explanation: The primary goal of resource management in project management is to maximize resource utilization.

Question 2:

Which technique helps in identifying resource requirements for each project activity?

Explanation: The technique that helps in identifying resource requirements for each project activity is the Resource Breakdown Structure (RBS).

Question 3:

Which technique helps in optimizing the allocation of scarce resources across multiple projects?

Explanation: The technique that helps in optimizing the allocation of scarce resources across multiple projects is "Resource Leveling."

Question 4:

Which technique is used to estimate the probability of achieving project objectives based on different scenarios?

Explanation: The technique used to estimate the probability of achieving project objectives based on different scenarios is "Monte Carlo Simulation."

Question 5:

Which document describes the policies, procedures, and guidelines for acquiring and managing project resources?

Explanation: The document that describes the policies, procedures, and guidelines for acquiring and managing project resources is the "Resource Management Plan."

Question 1:

What is the primary goal of resource management in project management?

Explanation: The primary goal of resource management in project management is to maximize resource utilization.

Question 2:

Which technique helps in identifying resource requirements for each project activity?

Explanation: The technique that helps in identifying resource requirements for each project activity is the Resource Breakdown Structure (RBS).

Question 3:

Which technique helps in optimizing the allocation of scarce resources across multiple projects?

Explanation: The technique that helps in optimizing the allocation of scarce resources across multiple projects is "Resource Leveling."

Question 4:

Which technique is used to estimate the probability of achieving project objectives based on different scenarios?

Explanation: The technique used to estimate the probability of achieving project objectives based on different scenarios is "Monte Carlo Simulation."

Question 5:

Which document describes the policies, procedures, and guidelines for acquiring and managing project resources?

Explanation: The document that describes the policies, procedures, and guidelines for acquiring and managing project resources is the "Resource Management Plan."