EX 4 Flashcards
PM extend a formal invitation that contains a scope of work that seeks a response that will describe the methodology and results that will be provided to your organization
Request for Proposal
PM must have some work done by an outside contractor. This work has a great deal of risk associated with it, and it has become very difficult to find a contractor willing to take on the job. Which of the following types of contracts would offer the greatest incentive to the contractor?
Cost plus percentage of cost as an award fee
PM must have some work done by an outside contractor. This work has a great deal of risk associated with it, and it has become very difficult to find a contractor willing to take on the job. Which of the following types of contracts would offer the greatest incentive to the contractor?
Cost plus percentage of cost as an award fee
no one co-located with the necessary skill sets. which options those PM have to obtain the member with necessary skill set
virtual teams
What quality tools could you implement to ensure that your project team members are completing all of the required steps during the project
checklists
If your resources committed to the project are no longer available and found out that company has other projects started and using the resources that were committed to your project. what should you do?
Negotiate a new scheudle with other project manager by resolving conflicts internally first.
the drawback of company that is based on projectized organizational form is
project management team has no home. No functional dept which employees are part of in projectized organization;
After acquring project team members, you need to ensure that each person is associated with a project activity and their roles and responsibilities are documented. What is this document called?
Project team assignment
As PM, you uncovered that your hired sub-contractor using highly inefficient process. Which process and activity have you found this
Performing Procurement audit activity in the control procurement process
Is cost budgeting part of the executing process?
No, it is planning part of the project
When PM increased the budget of the project and completed the project early, what is this activity called?
Schedule compression
What should Pm do after receiving approved project charter from the sponser
Make sure that the project benefits are identified and agreed upon by key stakeholders
As PM, when you use Fishbone diagram to address the root of the issue, what part of quality management process group are you in?
Control Quality
When stakeholders have asked for changed on priority of work packages
Prioritize the changes without involving the team which is the job of PM.
PM has limited resources within short period of time based on given limited resources. Project is high priority and management doesn’t accept any change in completion date. What should PM do?
Look for any part of the scope that can be cut