many question Flashcards
pmp prep
The team is working on a significant project. The stakeholders emphasize on-time delivery but, the team frequently encounters unforeseen scope changes. Which quality metric is recommended to maintain efficiency while handling the changes?
a.
Customer satisfaction score
b.
Number of defects
c.
Change request turnaround time
d.
Test coverage rate
Change request turnaround time allows the team to measure the time it takes to process a change request which will help monitor project delays due to scope changes. Other metrics like the number of defects, test coverage rate, customer satisfaction score and more are not directly related to managing scope changes.
The project stakeholders want to know overall progress and quality of work produced by the team. They are interested in visual representations rather than textual data. Which metric should the team use?
a.Risk Register Updates
b.Root Cause Analysis
c.Earned Value Management (EVM)
d.Quality Control Measurement
Earned Value Management (EVM) provides graphical representations, which help stakeholders quickly understand a project’s overall status, including schedule and cost performance. Other alternatives typically provide textual data and do not offer a complete overview.
Formulas for BTC
ETC = ETAC - AC
ETC = BAC/CPI - AC
ETC = (BAC-EV)/CPI
Your construction project has fallen behind schedule due to unexpected weather conditions. You need to adjust your resource scheduling to compensate for the delay. What technique could help you optimize your resource utilization while also shortening your project duration?
a.Monte Carlo Simulation
b.Fast tracking
c.Crashing
d.Resource leveling
Resource leveling is used to optimize resource allocation and minimize gaps while maintaining the sequential order of activities. This will help you speed up your project without violating the critical activities’ sequence. Other techniques mentioned may not address the specific issue or might introduce other risks.
Your team is working on a software upgrade project with multiple dependencies between tasks. You recently discovered that one of the critical resources assigned to a task is not available at the required time. Which scheduling technique helps you reorganize the schedule to accommodate this change?
a.Program Evaluation and Review Technique
b.Time-boxing
c.Resource constrained scheduling
d.Resource leveling
Resource constrained scheduling is used when the availability of critical resources becomes the primary constraint for the project. This technique allows you to rearrange the schedule considering dependencies and resource availability. Other techniques mentioned are not specifically tailored for handling resource constraints.
You are managing a large construction project with an aggressive timeframe. You noticed that there are a large number of wasted hours due to the lengthy onboarding process for new hires. Which resource scheduling technique can best optimize this issue?
a.Critical chain project management
b.Crashing
c.Resource smoothing
d.Monte Carlo Analysis
Resource smoothing does not modify the project end date, but it redistributes work within the available times to prevent overuse or underuse of resources. Thus, it can help reduce the preparation time needed for the new hires thus optimizing the onboarding process.
You are managing a large construction project with an aggressive timeframe. You noticed that there are a large number of wasted hours due to the lengthy onboarding process for new hires. Which resource scheduling technique can best optimize this issue?
a.Critical chain project management
b.Crashing
c.Resource smoothing
d.Monte Carlo Analysis
Resource smoothing does not modify the project end date, but it redistributes work within the available times to prevent overuse or underuse of resources. Thus, it can help reduce the preparation time needed for the new hires thus optimizing the onboarding process.
Configuration management system CMS
Configuration management system CMS is used to track and manage changes to project artifacts and documentation. It helps in maintaining version control of documents and control access to the documents throughout the project lifecycle
A configuration management system CMS
A configuration management system is a good change control tool in this situation since it tracks and manages components and their relationships within a project to ensure compatibility and maintain integrity.
In the context of a competitor potentially launching a similar product before you do, What RISK RESPONSE TO TAKE
In the context of a competitor potentially launching a similar product before you do, there might not be a direct action that could prevent this from happening since it’s outside the control of the project team. Acceptance is a risk response strategy that might be chosen when it is not possible or practical to respond to a risk by the other strategies (enhance, mitigate, transfer, exploit, share).
Project assumptions
Project assumptions are unverified beliefs about the project that are taken as true for planning purposes. They are used to fill in gaps in knowledge or to simplify planning. Assumptions are typically recorded in the project scope statement and are reviewed and refined throughout the project. It is important to verify assumptions as soon as possible in the project lifecycle to avoid the risks associated with incorrect assumptions
The Delphi method
The Delphi method is the process of gathering a panel of experts and engaging in several rounds of questions about how to make certain business decisions or solve an organizational problem. Every answer the experts provide is anonymous. After each round, facilitators review and sort through all the answers
Answering Questions on Resource Leveling in an Exam
Remember:
resource leveling can extend the project schedule and the original critical path might be changed.
Don’t forget:
it never increases resources, it redistributes them.
Resource smoothing is used to
Resource smoothing is used to balance the workload by making maximum use of the available resources over a period without changing the project timescale
Resource-dependent scheduling
Resource-dependent scheduling is an approach that takes into account the availability and abilities of individual resources to create a realistic project schedule.