Tell Me Why Did PeopleSoft Bundle IBM WebSphere Advanced Single Server Edition Rather Than Advanced Edition?

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⟩ Tell me Why did PeopleSoft bundle IBM WebSphere Advanced Single Server Edition rather than Advanced Edition?

The Advanced Single Server Edition (AEs) of WebSphere provides the same core J2EE and Web Services programming model as the Advanced Edition (AE) with simplified administration. In the AE version WebSphere uses DB2 or other standard database to keep the configuration and runtime information to support very large farm of WebSphere servers. However, it is one more database to install, administer and maintain. The AEs version does not use the database and uses file based configuration in a way that is similar to BEA WebLogic. PeopleSoft and IBM WebSphere architects determined that AEs version would satisfy the deployment requirements of PeopleSoft customers and would make it easy for owning and administering PeopleSoft Applications based on WebSphere.

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Your project has a medium amount of risk and is not very well defined. The sponsor hands you a project charter and asks you to confirm that the project can be completed within the project cost budget. What is the BEST method to handle this?

A. Build the estimate in the form of a range of possible results
B. Ask the team members to help estimate the cost based on the project charter
C. Based on the information you have, calculate a parametric estimate
D. Provide an analogous estimate based on past history.

The seller tells you that your activities have resulted in an increase in their costs. You should

A. Recommend a change to the project costs
B. Have a meeting with management to find out what to do
C. Ask the seller for supporting information
D. Deny any wrongdoing

The cost contingency reserve should be

A. Hidden to prevent management from disallowing the reserve
B. Added to each activity to provide the customer with a shorter critical path
C. Maintained by management to cover cost overruns
D. Added to the base costs of the project to account for risks

Which of the following are ALL items included in the cost management plan?

A. The level of accuracy needed for estimates, rules for measuring cost performance, specifications for how duration estimates should be stated
B. Specifications for how estimates should be stated, rules for measuring cost performance, the level of accuracy needed for estimates
C. Rules for measuring team performance, the level of accuracy needed for estimates, specifications for how estimates should be stated
D. Specifications for how estimates should be stated, the level of risk needed for estimates, rules for measuring cost performance

Which of the following represents the estimated value of the work actually accomplished?

A. Earned value (EV)
B. Planned value (PV)
C. Actual cost (AC)
D. Cost variance (CV)

Which type of cost is team training?

A. Direct
B. NPV
C. Indirect
D. Fixed

Value analysis is performed to get

A. More value from the cost analysis
B. Management to buy into the project
C. The team to buy into the project
D. A less costly way of doing the same work

Project setup costs are an example of

A. Variable costs
B. Fixed costs
C. Overhead costs
D. Opportunity costs

During which project management process group are budget forecasts created?

A. Monitoring and controlling
B. Planning
C. Initiating
D. Executing

A cost baseline is an output of which cost management process?

A. Estimate Activity Resources
B. Estimate Costs
C. Determine Budget
D. Control Costs

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