Keeping the Business in Mind Flashcards
The deliverables of a two-year-long project have just been accepted. It is four months late, but the customer is pleased to have it. The project manager is glad to be done with the deliverables but is concerned about the cost and schedule overruns. He decides to re-run the initial cost-benefit analysis using the actual project costs.
Where should the project manager obtain the initial cost-benefit analysis?
A. From the customer
B. The benefits management plan
C. The business case
D. The project charter
C. The business case
The project you are leading is supposed to upgrade the application developed by your company on desktop computers and mobile devices. Last week, a major supplier of electronics unexpectedly released the new mobile device. You realize that your application, with a little bit of modification, can run much faster and more securely on the new device.
What should you do next in regard to this opportunity?
A. Conduct variance analysis for inappropriate reserve amount
B. Create a cost forecast and communicated to stakeholders
C. Submit a change request to modify the application
D. Update the project funding requirements in consideration for the unexpected work
C. Submit a change request to modify the application
A project manager has compiled a list of key deliverables, which include the working software, employee training materials, user manuals, etc.
When is the first time that these key deliverables would have been identified?
A. When processes of the Executing Process Group are performed
B. During the Develop Project Charter process
C. When processes of the Planning Process Group are performed
D. During the Define Scope process
B. During the Develop Project Charter process
Your company has been contracted by a client of a software development project. The project will use Agile methods to deliver product increments. For the client, however, this project will be their first experience with Agile. You want to make sure that the client gains the full benefit of early and continuous delivery of software.
What is your best course of action?
A. Develop a change management plan to address the inevitable changes
B. Request the client to take part in product testing to speed up delivery
C. Instruct the project team to develop all features in a single release
D. Gain alignment with the client on the timing of the project
D. Gain alignment with the client on the timing of the project
A PMO steeped in traditional Waterfall project management has hired you, as an Agile practitioner, to guide the organization’s transformation to Agile. After completing an initial assessment of the organizational culture, you have realized that many of the stakeholders are resistant to the change.
What is your best course of action?
A. Transition all projects to Agile at the same time
B. Seek a high-level executive willing to champion the cause
C. Provide training to ensure the employees are more highly specialized
D. Ensure the work is decomposed into silos
B. Seek a high-level executive willing to champion the cause
An organization has established a controlling project management office (PMO). The first task of the PMO is to update the guidelines for project compliance in the organization.
Which of the following could the PMO enforce? (Choose three)
A. Use of particular project management methodologies
B. Adoption of specific templates, forms, and tools
C. Assignment of project managers by the PMO
D. Release of management reserves
E. Adherence to local health regulations
F. Conformance to governance frameworks
A. Use of particular project management methodologies
B. Adoption of specific templates, forms, and tools
D. Release of management reserves
You are leading the project in a small startup company with a decentralized purchasing. A supplier informs you that they have excess inventory that can be purchased at a reduced price. You review the projects inventory needs and find that most of the excess inventory offered by the supplier can be used for the project.
What is the best course of action?
A. Refer the supplier to the project sponsor for procurement
B. Negotiate a procurement contract with the supplier
C. Refer the supplier to the procurement Department
D. Refer the supplier to the project management office (PMO)
B. Negotiate a procurement contract with the supplier
You are leading a construction project that involves a vendor. A team member tells you that based on the rough assessment of the vendor’s current work-in-progress, she suspects that the vendor will be unable to complete their work on time. You share concerns with the vendor, but they claim that they are progressing as planned.
What is the best course of action to ensure a mutual understanding of the work in progress?
A. Resort to alternative dispute resolution
B. Conduct an audit
C. Perform an earned value analysis
D. Conduct a walk-through
D. Conduct a walk-through
As your project progresses, a team member suggests a minor modification to one of the project deliverables, saying that the modification will improve the overall performance of the final product. You believe that the modification constitutes a minor change to the project scope, schedule, and budget, and should be approved without going to the change control board.
What should you do next?
A. Approve the change request. As the project manager, you should use expert judgment to decide what is best for the project.
B. Review the change management plan and follow the established process for processing change requests.
C. Submit the change request to the change control board and abide by their decision.
D. Meet with the change control board members individually and try to persuade them to approve the change request.
B. Review the change management plan and follow the established process for processing change requests.
Near the end of an iteration, the project team is ready to lead a product review with the product manager.
What is the objective of the review?
A. Manage product quality
B. Close the project or phase
C. Validate the product scope
D. Control the product scope
A. Manage product quality
