Practice Test Geeks(CRE) Certified Reliability Engineer Practice Test
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Project Planning and Management Flashcards

7 cards from real CRE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Project Planning and Management flashcards as text

  1. A reliability project team uses a RACI chart. What does the 'A' in RACI stand for?

    Answer: Accountable

    In a RACI matrix, 'Accountable' identifies the single person who owns the deliverable and must approve work before it is accepted.

  2. Which project management process group involves defining the scope, developing schedules, and estimating costs?

    Answer: Planning

    The Planning process group is where detailed scope, schedule, cost, quality, and risk plans are developed to guide project execution.

  3. In reliability project management, what is the purpose of a lessons-learned register?

    Answer: Capture knowledge from current project to improve future projects

    A lessons-learned register records what worked and what did not so that future projects can benefit from accumulated organizational knowledge.

  4. A project has a budget at completion (BAC) of $500,000 and a cost performance index (CPI) of 0.80. What is the estimate at completion (EAC) using the CPI-based formula?

    Answer: $625,000

    EAC = BAC / CPI = $500,000 / 0.80 = $625,000, indicating the project will cost more than originally planned.

  5. Which stakeholder engagement strategy involves actively involving stakeholders in project decisions throughout the project lifecycle?

    Answer: Collaborate

    Stakeholders classified as requiring 'Collaborate' engagement are kept actively involved in decision-making to leverage their influence and gain their commitment.

  6. When a reliability project is terminated early, which process formally closes all contracts and documents final project performance?

    Answer: Close project or phase

    The Close Project or Phase process formally finalizes all activities, settles contracts, archives records, and releases resources regardless of whether the project completed normally or was terminated.

  7. Which technique breaks down deliverables into smaller, more manageable components to improve planning accuracy?

    Answer: Work breakdown structure (WBS) decomposition

    WBS decomposition subdivides project deliverables into work packages small enough to be accurately estimated and assigned.