e4d4 Flashcards
As the project manager you are in the project schedule management knowledge area. Which one of the following processes includes asking the team members about the time estimates for their activities and reaching agreement for the calendar date of each activity?
A. Develop schedule
B. Sequence activities
C. Define scope
D. Estimate activity durations
A. Develop schedule
The last thing that happens in all of the mentioned things in this question is reaching agreements on the calendar dates of activities, and this is an output of the develop project schedule process. The rest of the choices should also be done before developing the schedule, but since developing schedule is performed after all other activities, this process helps define the calendar date for activities.
You are assigned as the manager of a highly important project in your organization. You have only been given 10 resources and there are no more resources available in the company. The project should be completed in a period which is half the time that will take you to complete the project with the available resources. Due to the project’s high priority, management does not accept any change in the project required completion date. What will you do in this situation?
A. Relax some quality requirements to accelerate the project work
B. Provide the available resources with some training to increase their performance
C. Ask your available resources to work overtime
D. Look for any part of the scope that can be cut
D. Look for any part of the scope that can be cut
Overtime is never the first resort to solve such problems because the project manager loses credibility and performance by using overtime. This would likely create a cost impact on the project, or impact other projects or other work. Providing training is a good idea, but there’s no indication in the question that the resources lack skills which will help them work with better performance. Relaxing quality requirements is not viable, as it’s not ethical and professional to deliberately deliver low quality work. In this situation the only remaining viable option would be to look for any part of the scope that can be cut.
As the project manager you are working with your team to perform the Control Scope process. The variance analysis has resulted in a change request to the scope baseline. This change request will be processed for review and disposition in which project management process?
A. Control Quality
B. Perform Integrated Change Control
C. Monitor and Control Project Work
D. Validate Scope
B. Perform Integrated Change Control
Analysis of scope performance is done as part of the Control Scope process. Determining the cause and degree of variance relative to the scope baseline is an important aspect of this activity (called Variance Analysis). However, change requests that result from this activity, like any other change requests, are processed in the Perform Integrated Change Control process.
Your project has just passed its finish date and the customer has accepted the completed project scope. However, the lessons learned which are required according to your company’s project management procedures are still under preparation. What is the status of the project in your opinion?
A. The project is complete because the customer has accepted the deliverables
B. The project is complete because the finish date has already passed
C. The project is incomplete until all project and product deliverables are complete and accepted
D. The project is incomplete because the customer might have new requirements
C. The project is incomplete until all project and product deliverables are complete and accepted
A project is complete when all work, including all project management work, is complete and the product of the project, not just deliverables, accepted.
When should quality audits be conducted?
A. At the closure of the project
B. At regular intervals throughout the project life cycle
C. Only in the executing phase
D. At the end of each project phase
B. At regular intervals throughout the project life cycle
Quality audits should be performed throughout the project life cycle.
As a member of the company board you are involved in choosing the projects to be carried out among the available alternative projects. The cost of choosing one project and giving up another one is called?
A. Opportunity cost
B. Sunk cost
C. Overhead cost
D. Fixed cost
A. Opportunity cost
The definition of opportunity cost includes the cost of choosing one project and giving up another, and thus it is the best answer.
Who is responsible for organizing training of the new staff on a project?
A. Human resources department
B. Training department
C. Functional managers
D. Project manager
D. Project manager
The project manager is responsible for arranging any project-specific training required to address the project needs.
All of the following options can be derived from the Estimate Costs process except which one?
A. Assumptions made during the estimate costs process
B. Preventing inappropriate changes from being included in the cost baseline
C. Range of the possible project costs
D. The cost risks associated with the estimated work
B. Preventing inappropriate changes from being included in the cost baseline
This question is asking, ‘When you finish estimating costs, what do you have?’ Preventing inappropriate changes from being included in the cost baseline is more correctly part of the cost management plan and the change control system.
During the requirements gathering phase of the international cloud e-commerce project, your boss asks you to find out if the product will be subject to the General Data Protection Regulation (GDPR) and, if so, what the implications are to the project. Why is your boss asking this question?
A. She feels that this will be a popular feature.
B. She knows that a competitor is offering it and doesn’t want to be outdone.
C. She is trying to drive up the price of the contract.
D. She is attempting to determine if this is a compliance requirement and what would occur with noncompliance.
D. She is attempting to determine if this is a compliance requirement and what would occur with noncompliance.
The GDPR is a European data privacy regulation that requires firms to prove compliance. Since this is an international project, your boss is right to consider that it may represent a requirement for the project and should be investigated further. Since it is a regulation, compliance does not provide a competitive advantage. Therefore, its popularity and whether your competition is in compliance is immaterial. It may or may not add cost to the project.
As a project manager you are involved in contract negotiation for subcontracting a part of the project work. The most important thing to focus on in contract negotiations is:
A. To negotiate a deal that both parties are comfortable with.
B. To negotiate the lowest price possible for your company.
C. To make sure legal counsel or the contract administrator has approved your negotiating points.
D. To maintain the integrity of the scope.
A. To negotiate a deal that both parties are comfortable with.
The most important thing to focus on is to create a deal that everyone feels good about. Negotiating the lowest price possible sounds like a good choice, but the lowest possible price might not be fair to your seller, and that could lead to the failure of the project in the future. Maintaining the integrity of the scope is important, but that is not the primary focus of negotiations. Making sure that legal counsel has approved your negotiating points may or may not be necessary depending on the situation.
