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PM Hub now offers you the benefit of daily guidance to help you stay on the road to success with the project management exam or to sharpen and exercise the project management skills you already possess. Each edition of the PM Hub/Crosswind Tip of the Day will give you a question of the day, daily terminology booster, and links to other helpful tools that will prepare you for exam success.
 

Question of the Day

The team is in the process of planning what quality standards are needed on the project and how to achieve those standards. The team members are evaluating what could potentially cause issues in achieving these standards. Which of the following are they most likely to use to accomplish this goal?


A) Pareto diagram

B)  Quality Audit

C)  Control chart

D)  Fishbone diagram

 

Terminology of the Day

 Flowcharting (Technique)

 A decomposition approach to breaking a system or process into block steps that can be repeated by following the diagram

 

Answer and Explanation to Yesterday's Question

The Project Manager has just received the charter. He is preparing an initial estimate called an order of magnitude (OOM) estimate. What is the range of an order of magnitude (OOM) estimate?

A)  -10% to +5%

B)  -5% to +10%

C)  -25% to +75% (Correct)

D)  -300% to +75%

 Explanation: The range of an order of magnitude (OOM) estimate is -25% to +75%. The Definitive Estimate has a range of -5% to +10%. The other two answers are noise in this question.

For more questions, terminology and other exercises please see the PMP® Exam Success Series: Certification Exam Manual at http://www.crosswindpm.com/

 

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