The Institutes CPCU-500 Q&A - in .pdf

  • CPCU-500 pdf
  • Exam Code: CPCU-500
  • Exam Name: Becoming a Leader in Risk Management and Insurance
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Activity cost estimates and the project schedule are inputs to which Project Cost Management process?
A. Control Costs
B. Determine Budget
C. Estimate Costs
D. Plan Cost Management
Answer: B
Explanation:
Explanation/Reference:
Explanation:
7.2.3.1 Activity Cost Estimates
Activity cost estimates are quantitative assessments of the probable costs required to complete project work. Cost estimates can be presented in summary form or in detail. Costs are estimated for all resources that are applied to the activity cost estimate. This includes, but is not limited to, direct labor, materials, equipment, services, facilities, information technology, and special categories such as cost of financing (including interest charges), an inflation allowance, exchange rates, or a cost contingency reserve. Indirect costs, if they are included in the project estimate, can be included at the activity level or at higher levels.
Process: 7.3 Determine Budget
Definition: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.
Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.
Inputs
1. Cost management plan
2. Scope baseline
3. Activity cost estimates
4. Basis of estimates
5. Project schedule
6. Resource calendars
7. Risk register
8. Agreements
9. Organizational process assets
Tools & Techniques
1. Cost aggregation
2. Reserve analysis
3. Expert judgment
4. Historical relationships
5. Funding limit reconciliation
Outputs
1. Cost baseline
2. Project funding requirements
3. Project documents updates

NEW QUESTION: 2
When is frequency variation a more likely occurrence?
A. When using three-phase power distribution
B. When using new UPS technology
C. When a generator is heavily loaded
D. When using older UPS technology
Answer: C

NEW QUESTION: 3



A. SELECT COUNT(*)FROM tblDepositAcct DFULL JOIN tblLoanAcct L ON D.CustNo
B. SELECT COUNT (DISTINCT COALESCE(D.CustNo, L.CustNo))FROM tblDepositAcct DFULL JOIN tblLoanAcct L ON D.CustNo =L.CustNoWHERE D.CustNo IS NULL OR
C. CustNo
D. SELECT COUNT(*)FROM (SELECT CustNoFROM tblDepositAcctUNIONSELECT
CustNoFROM tblLoanAcct) R
E. CustNo = L.CustNo
F. SELECT COUNT(DISTINCT L.CustNo)FROM tblDepositAcct DRIGHT JOIN
tblLoanAcct L ON D.CustNo =L.CustNoWHERE D.CustNo IS NULL
G. SELECT COUNT(*)FROM (SELECT CustNoFROM tblDepositAcctEXCEPTSELECT
CustNoFROM tblLoanAcct) R
H. SELECT COUNT(*)FROM (SELECT CustNoFROMtblDepositAcctUNION ALLSELECT
CustNoFROM tblLoanAcct) R
I. SELECT COUNT (DISTINCT D.CustNo)FROM tblDepositAcct D, tblLoanAcct LWHERE
J. CustNo IS NULL
K. SELECT COUNT(*)FROM (SELECT AcctNoFROM tblDepositAcctINTERSECTSELECT AcctNoFROM tblLoanAcct) R
Answer: H
Explanation:
Would list the customers with duplicates, which would equal the number of accounts.

NEW QUESTION: 4
Which of the following consists of tools and techniques used to gather, integrate, and disseminate the outputs of the project management processes?
A. PDM
B. ADM
C. WBS
D. EVM
E. PMIS
Answer: E

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