PMP (Project Management Professional) · Question
What is 'variance analysis' primarily used for in project management?
Variance analysis compares actual project performance to planned performance to identify deviations.
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Question: What is 'variance analysis' primarily used for in project management?
Answer options: ✅ To identify deviations from the plan
- To forecast future project performance
- To optimize resource allocation
- To define project scope
Correct answer: To identify deviations from the plan
Explanation: Variance analysis compares actual project performance to planned performance to identify deviations.
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Question explanations
- What is the primary output of the 'Direct and Manage Project Work' process?
- Which project management approach emphasizes frequent communication, self-organizing teams, and adapting to ch
- Which of the following is an output of the 'Develop Project Charter' process?
- Which type of risk response strategy involves shifting the impact of a threat along with ownership to a third
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