Practice Question 5-22-24 Flashcards
Question
While preparing a project’s third progress report, the project manager identifies that the project will experience delays due to late material deliveries. The two previous project reports indicated that the project was on track.
What should the project manager do next?
A.Discuss it with the project team to determine the most appropriate way to respond.
B.Add it to the issue log and include it in the project report.
C.Contact the procurement manager to expedite delivery of the material.
D.Escalate the issue to the project owner and request a schedule change.
Solution: B. Add it to the issue log and include it in the project report
PMBoK Sixth Edition in chapter 4 states,: “4.3.3.3 ISSUE LOG
Throughout the life cycle of a project, the project manager will normally face problems, gaps, inconsistencies, or conflicts that occur unexpectedly and that require some action so they do not impact the project performance. The issue log is a project document where all the issues are recorded and tracked. Data on issues may include:
Issue type,
Who raised the issue and when,
Description,
Priority,
Who is assigned to the issue,
Target resolution date,
Status, and
Final solution.
The issue log will help the project manager effectively track and manage issues, ensuring that they are investigated and resolved. The issue log is created for the first time as an output of this process, although issues may happen at any time during the project. The issue log is updated as a result of the monitoring and control activities throughout the project’s life cycle”
The question identifies that there can be delays in the project schedule as planned due to delivery issues. Therefore, the correct procedure for the project manager is to record the issue in the Issue Log.
The Distractors are correctly written and are valid distractions
This question and rationale were developed in reference to:
Fundamentals of Technology PM, 2nd Ed (2nd) Colleen Garton, Erika McCulloch/Mc Press/9 - Project Development/331 [Item]
| PMBoK, Sixth edition (2021) PMI/PMI/4/ [Item Issue Log]
| PMBOK® Guide–Fifth Edition (5th) PMI/PMI/10 - Project Communications Management/301 [Item]
Question
A company outsources the execution of a project with a fixed-price contract to a supplier. During execution, the supplier agrees to deliver additional customer requirements that were not included in the contract. To fulfill the expanded scope, both parties add more resources to keep the project on the planned schedule.
Which technique is being applied in this project?
A.Fast tracking
B.Crashing
C.Resource leveling
D.Lead and lag
Solution: B. Crashing
If the scope increases without increasing the schedule, the crashing technique achieves compression by adding more resources.
This question and rationale were developed in reference to:
PMP: Project Management Professional Study Guide, Nineth Edition, 9th edition (2018) Kim Heldman/Sybex/4/215 [Item]
| Project Management Body of Knowledge (11/02/16) Project Management Institute//6.5.2.6/ [Item Crashing: a technique used to shorten the schedule duration for the least incremental cost by adding resources. Examples of crashing include approving overtime, bringing in additional resources or paying to expedite delivery to activities on the critical path.]
Question
A project manager is developing a project management plan to submit to the project sponsor in two weeks. The project sponsor, however, wants to review the early resource estimates before the deadline.
What should the project manager do?
A.Ask the sponsor to wait until the Work breakdown structure (WBS) is done.
B.Share a draft copy of the Budget Estimate Sheet (BES) with the sponsor.
C.Re-share the Statement of Work (SOW) with the sponsor.
D.Share a draft copy of the Resource Breakdown Structure (RBS) with the sponsor.
Solution: D. Share a draft copy of the Resource Breakdown Structure (RBS) with the sponsor.
The RBS is a document that outlines the project’s resources, including the types of resources, the quantities of resources, and the costs of resources. The RBS visualizes how resources are allocated across employees and teams at every stage of the project. This information would be more relevant to the sponsor’s request than the BES, WBS, and WBS dictionary for reviewing the early resource estimates.
The other answer choices are incorrect. WBS Dictionary is a document that provides detailed deliverable, activity, and scheduling information about each component in the work breakdown structure. Work Breakdown Structure (WBS) is a hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables. Statement of work (SOW) is the all-encompassing scope to be carried out by the project team to accomplish the project objectives.
This question and rationale were developed in reference to:
https://standardsplus.pmi.org/posts/Res_14/83b71ea9-307a-4362-9704-19e840cd65f1 [Item]
| Project Management Body of Knowledge (11/02/16) Project Management Institute//9.2.3.3/ [Item The resource breakdown structure is a representation of resources by category and type. Examples of resource categories include but are not limited to labor, material, equipment, and supplies. Resource types may include the skill level, grade level, required certifications, or other information as appropriate to the project.]
Question
A customer requested a change to a functionality that is being delivered in the next iteration. The specialist responsible for this functionality was recently assigned to another project.
What should the project manager do first?
A.Request a new resource from HR.
B.Request a new resource from the project sponsor.
C.Negotiate for the resource’s availability.
D.Tell the customer that the new change is not possible.
Solution: C. Negotiate for the resource’s availability
The project manager should negotiate for the resource’s availability first. The project manager should explain to the project sponsor the impact of the customer’s request on the project and the need to have the specialist available to make the change. The project sponsor may be able to negotiate with the other project manager to have the specialist temporarily assigned to the current project.
The other answers are incorrect. If the project sponsor is unable to get the specialist’s availability, then the project manager can request a new resource from HR. The project manager should not tell the customer that the new change is not possible without first trying to negotiate for the resource’s availability or requesting a new resource from HR.
This question and rationale were developed in reference to:
https://standardsplus.pmi.org/posts/res_id17_org_article_fix1/3210b0c2-3297-4312-9729-
56382e737be3 [Item]
| PMI.org (2006) //https://www.pmi.org/learning/library/matrix-evolves-internal-conflicts4043// [Item]
Question
After 20% of a project was completed, the customer made the decision to change the provider for data center implementation. The new provider project manager requested a meeting with the customer to clarify how the project will be impacted if the requirements are not well gathered.
Which are the project areas that could be impacted if the requirements are not well gathered? (Choose 3.)
A.Cost
B.Quality assurance
C.Schedule
D.Quality customer service
E.Quality planning
Solution: A, C and E. Cost, Schedule and Quality planning
Data gathering techniques that can be used but are not limited:
Brainstorming
Interviews
Focus groups
Questionnaires and surveys
Benchmarking
This question and rationale were developed in reference to:
https://snippets.pmi.org/snippet/use-process-assets-and-define-scope/ [Item]
Question
A project manager sends out requests for regular status meetings and daily standup meetings during the project setup phase. However, business stakeholders are declining the meetings.
What should the project manager do?
A.Check why meetings are declined
B.Re-share communications plan
C.Set up a project team ground rules
D.Hold a project kick-off meeting
Solution: A. Check why meetings are declined
The project manager should first check why the business stakeholders are declining the meetings. There could be a number of reasons, such as they are not aware of the importance of the meetings; they are too busy with other work; or they do not see the value in the meetings. Once the project manager understands the reasons why the meetings are being declined, they can take steps to address the concerns and ensure that the stakeholders are engaged and that the meetings are productive.
The other options are incorrect. Re-sharing the communications plan, is not necessary if the stakeholders have already received the plan.; setting up project team ground rules, is not relevant to the situation as the stakeholders,not team members, are declining meetings; and holding a project kick-off meeting, is too early in the project as the project setup phase has not yet been completed.
This question and rationale were developed in reference to:
Agile Approaches on Large Projects in Large Organizations (No Date) Brian Hobbs and Yvan Petit//2/2.7.4 [Item]
PMBOK Guide Seventh Edition (2022) ///[4.6.3 PLANS]
[2.4.4 COMMUNICATION]
Question
A research and development department is planning to develop a product that will introduce a new line of business for the organization. What should the project manager do to increase the project’s chances of success?
A.Start developing the project management plan based on a previous project template from the project management office (PMO).
B.Conduct an impact analysis of the new initiative to determine how the project should be rolled out.
C.Plan a working session focusing on the scope, vision, and mission of the initiative.
D.Conduct benchmarking to determine the business viability of the initiative.
Solution: C. Plan a working session focusing on the scope, vision, and mission of the initiative
For any project success its critical to initially define vision and mission of the overall initiative even before focusing on detailed planning.
Project management plan, determining business viability or impact analysis should be carried out once the initiative is defined properly
This question and rationale were developed in reference to:
O’Reilly Platform (No Date) //Agile for Project Managers, Chapter 2 - Agile concepts/ [Item]
| PMBOK Guide Sixth Edition (2018) PMI/PMI/Project Resource Management/350 [Item]
Question
Since the beginning of a project, the product owner keeps asking during ceremonies about the budget spent for each product iteration. The product owner seems much more interested in the cost rather than the product itself.
What should the project manager have done earlier to change the product owner’s behavior?
A.Worked on different approaches of estimating to give confidence of the cost spent in each product increment
B.Worked on a communications management plan with reports of budget spent in each iteration versus planned to avoid these discussions during ceremonies
C.Worked with the product owner to clarify their role in an agile project and the scope of the agile ceremonies
D.Worked on a fixed-price contract to switch the product owner’s attention to value instead of money
Solution: C. Worked with the product owner to clarify their role in an agile project and the scope of the agile ceremonies
The Project Manager should take this opportunity to mentor the Product owner on the role of the team[Product Owner being a part of the team] in Agile projects, which appears to have been missed earlier. Hence this is the correct answer.
The team is not concerned with the budgetary aspects in Agile projects. Hence the remaining options are incorrect.
This question and rationale were developed in reference to:
O’Reilly Platform (No Date) //Essential Scrum - chapter 20 - Sprint execution/ [Item]
| The Agile Practice Guide (No Date) PMI/PMI/4/37 [Item Educate stakeholders around why and how to be agile. Explain the benefits of business value based on prioritization, greater accountability and productivity of empowered teams, and improved quality from more frequent reviews, etc.]
Question
An organization is under a business transformation. The project manager has been assigned to a project related to one of the new business lines.
What should the project manager and team do before defining the scope of the project?
A.Lead a procurement meeting.
B.Create a work breakdown structure (WBS).
C.Adapt and tailor existing assets.
D.Sign off on the business case.
Solution: C. Adapt and tailor existing assets.
The project team will need to tailor existing assets to meet the project’s needs. The team should take advantage of the organization’s existing assets, when appropriate, rather than procuring new ones. The most effective strategy, in general, is to use existing assets that are already in use within the organization. Procuring new assets isn’t the best strategy, and building a WBS and signing off come after.
This question and rationale were developed in reference to:
https://www.pmi.org/disciplined-agile/process/asset-management/asset-management-practices
Question
A project team is arranging user testing to be completed for a project but does not have a strong enough server to do so. The team orders a new server and postpones user testing.
What should the project manager do moving forward?
A.Eliminate the user testing from the project plan.
B.Utilize the current server to complete user testing.
C.Request to expedite the new server from the supplier.
D.Await the arrival of the new server and reevaluate timelines for user testing.
Solution: D. Await the arrival of the new server and reevaluate timelines for user testing.
The current server does not meet performance requirements for user acceptance testing. The project team has no choice but to wait for the new server capable of supporting the testing and then reevaluate timelines for user testing.
The other answer choices are incorrect. User testing is essential and cannot be eliminated; using the improper infrastructure for testing can lead to invalid test results; and the project manager may request the server be expedited, but that is not controllable and usually not feasible due to logistics arrangement.
This question and rationale were developed in reference to:
Effective Project Management: Traditional, Agile, Extreme, Hybrid (No Date) Robert K. Wysocki//6/ [Item]
| PMBOK Guide Sixth Edition (2018) PMI/PMI/9.3.1/330 [Item]
Question
The team and product owner are reviewing user stories in the iteration planning meeting. While reviewing stories, it is identified that some of the high-value stories have more associated risks.
What should the agile project manager do?
A.Recommend that the team include risky stories in early iterations rather than later ones.
B.Recommend that the team choose stories with low risk for easy completion to keep team motivation high.
C.Work with the product owner to decide on the stories that should go during the iteration.
D.Use the Pareto analysis to decide which stories can be completed the fastest.
Solution: A. Recommend that the team include risky stories in early iterations rather than later ones
Risk management should be iterative in agile projects. Any risk items or stories that are identified as higher risks should be addressed earlier by adding them in appropriate sprints rather than to wait for the risks to hit the project.
The other answer choices are incorrect. Focusing on low risk stories will leave out the high risk stories that should be prioritized; the team, not the product owner, should determine the stories; Pareto analysis is not the right tool to use.
This question and rationale were developed in reference to:
O’Reilly Platform (No Date) //10 Agile Risk Management/ [Item Agile for Project Managers : ]
| O’Reilly Platform (No Date) //7/ [Item Lean-Agile Software Development, Guy Beaver]
Question
What can a project manager do to communicate the formal project announcement and relevant information to stakeholders, and then gain their commitment?
A.Create the project charter.
B.Conduct a kick-off meeting.
C.Develop the communications management plan.
D.Prepare and distribute the responsible, accountable, consult, and inform (RACI) matrix.
Solution: C. Developed communications plan.
By developing a communications plan, the project manager can ensure that the stakeholders are kept informed of the project’s progress and that they have a way to communicate their concerns. This can help to avoid the situation where stakeholders are complaining and declining meetings.
The other options are incorrect. Creating the project charter is a good idea, but it is not the most important thing to do in this situation. The project manager needs to address the issue of stakeholder communication first. Conducting a kick-off meeting is a good way to communicate with stakeholders, but it is not enough on its own. The project manager needs to have a plan for ongoing communication with stakeholders. Distributing a RACI matrix is a tool that can be used to clarify the roles and responsibilities of the stakeholders. However, it is not a substitute for a comprehensive communications plan.
This question and rationale were developed in reference to:
e-Reads (No Date) //Effective Project Management: Traditional, Agile, Extreme, Fifth Edition./Chapter 5 - Conducting the Project Kick‐Off Meeting [Item]
| Fundamentals of Technology PM, 2nd Ed (2nd) Colleen Garton, Erika McCulloch/Mc Press/6/195 [Item]
| PMBoK, Sixth edition (2021) PMI/PMI/3/ [Item Project Initiation and Project Communications Management]
Question
A project manager is leading a project with seven key stakeholders. What should the project manager consider as the most important part of stakeholder management?
A.Avoid challenging stakeholders.
B.Make changes to the project schedule in real-time.
C.Ensure all stakeholders receive the same information.
D.Establish good working relationships with all stakeholders.
Solution: D. Establish good working relationships with all stakeholders.
Relationships between the project manager, the project’s stakeholders, and the project team are very important. The most critical part of stakeholder management is relationships.
This question and rationale were developed in reference to:
https://www.pmi.org/learning/library/project-relationships-stakeholder-circle-8092 [Item Project relationships are those relationships that occur between the project manager and the project’s stakeholders as well as those that occur among the project stakeholders themselves. This network, comprising all the relationships both within and around the project ( Bourne & Walker, 2003; Briner, Hastings & Geddes, 1996; Frooman, 1999), forms the project environment, or sphere of influence and support, on which a project depends for its very existence and has to be managed.]
Question
A project manager has just started building the team for a huge and complex project. The project manager is highly interested in having effective communication with their large team.
What should the manager do to achieve this?
A.Organize team activities to help team members express their interests.
B.Establish a process of sharing information with all team members.
C.Use timely and clear assessment of the situation with team members.
D.Allow free exchange of ideas and opinions between team members.
Solution: B. Establish a process of sharing information with all team members.
Building relationships with your stakeholders also helps to build trust between you, them, and your project team – and trust around the project. Trust is a key component of effective communication with others. Stakeholders who feel they can trust you are more apt to share information with you and be engaged in the project.
The other options are incorrect. Organizing team activities to help team members express their interests, might help to build morale and teamwork, but it would not necessarily improve communication. Using timely and clear assessment of the situation with team members is important, but it is not enough on its own. The project manager also needs to have a process for sharing information with team members. Allowing free exchange of ideas and opinions between team members is important, but it is not enough on its own. The project manager also needs to have a process for ensuring that all team members are aware of the project’s progress and that they have a way to communicate their ideas and concerns.
This question and rationale were developed in reference to:
https://www.pmi.org/learning/library/managing-communications-effectively-efficiently-5916 [Item Arredondo, 2000). ]
Question
After completing the stakeholder analysis, the project manager is in the action planning phase. What should the project manager do with the stakeholders that have no interest or influence in the project?
A.Closely monitor these stakeholders
B.Highly encourage these stakeholders
C.Attentively focus on these stakeholders
D.Visibly harness these stakeholders
Solution: A. Closely monitor these stakeholders
Stakeholders who have no interest or influence in the project may not be actively involved in the project, but they may still be affected by the project’s outcome. It is important to keep these stakeholders informed of the project’s progress and address any concerns. By closely monitoring these stakeholders, the project manager can ensure that they are not negatively impacted by the project and that they are aware of the project’s progress.
The other answer choices are incorrect. Highly encouraging these stakeholders is not necessary because they are not interested in the project, so they are unlikely to be persuaded to become more involved. Attentively focusing on these stakeholders is not necessary because they are not influential, so they do not need to be given a lot of attention. Visibly harnessing these stakeholders is not necessary. These stakeholders are not interested in the project, so they are unlikely to be willing to help the project succeed.
This question and rationale were developed in reference to:
https://www.pmi.org/learning/library/engaging-stakeholders-project-success-11199
Question
A vendor informs a project manager that the project’s equipment can be delivered earlier than anticipated. The project manager recognizes that this is an opportunity to complete the project ahead of schedule.
What should the project manager do next?
A.Request management approval.
B.Use the equipment offered.
C.Revise the project schedule.
D.Determine if there is a risk.
Solution: D. Determine if there is a risk
The project manager should determine if there is a risk before making any decisions. The early delivery of equipment could create a risk if the project team is not prepared to use it or if the vendor is unable to meet the quality standards. The project manager should assess the impact of the early delivery on the project schedule and budget, and review the vendor’s quality assurance process to ensure that the equipment meets the project’s requirements.
The other answer choices are incorrect. Requesting management approval is important, but it should not be done before the project manager has determined if there is a risk. Using the equipment offered could create a risk if the project team is not prepared to use it or if the vendor is unable to meet the quality standards. Revising the project schedule should not be done before the project manager has determined if there is a risk.
This question and rationale were developed in reference to:
PMBOK Guide Sixth Edition (2018) PMI/PMI// [Item]
| PMBoK, Sixth edition (2021) PMI/PMI/3, 9 and 11/ [Item Identify Risks
Acquire Resources]
Question
A large risk to a project is identified, and the risk management plan is executed. Upon completion of the approved actions, what should the project manager do?
A.Update the risk management plan.
B.Revise the project schedule and the budget.
C.Update the lessons learned.
D.Identify new risks, and monitor residual risks.
Solution: D. Identify new risks, and monitor residual risks
PMBoK Sixth Edition states: “11.2 IDENTIFY RISKS
Identify Risks is the process of identifying individual project risks as well as sources of overall project risk, and documenting their characteristics. The key benefit of this process is the documentation of existing individual project risks and the sources of overall project risk. It also brings together information so the project team can respond appropriately to identified risks. This process is performed throughout the project
Identify Risks considers both individual project risks and sources of overall project risk. Participants in risk identification activities may include the following: project manager, project team members, project risk specialist (if assigned), customers, subject matter experts from outside the project team, end users, other project managers, operations managers, stakeholders, and risk management experts within the organization. While these personnel are often key participants for risk identification, all project stakeholders should be encouraged to identify individual project risks. It is particularly important to involve the project team so they can develop and maintain a sense of ownership and responsibility for identified individual project risks, the level of overall project risk, and associated risk response actions”
The correct answer is: “Identify new risks and monitor residual risks”
The distractors are valid
This question and rationale were developed in reference to:
e-Reads (No Date) ///Modern Corporate Risk Management: A Blueprint for Positive Change and Effectiveness by Glenn Koller, Chapter 7 - Solutions to the Problems-The Aftermath [Item]
| e-Reads (No Date) ///Practical Project Risk Management: The ATOM Methodology by David Hillson and Peter Simon, Chapter 9 - Just Do It (Implementation) [Item]
| PMBoK, Sixth edition (2021) PMI/PMI/11/ [Item Identify risks]
| PMBOK® Guide–Fifth Edition (5th) PMI/PMI//Chapter A1.7.9 control risk, pg 457 [Item]
Question
The project manager is having difficulties persuading stakeholders to adopt new technlogy in the project.
What should the project manager have done to avoid this resistance?
A.Invest in stakeholders’ communication
B.Provide technical support to stakeholders
C.Propose an agreement to stakeholders
D.Engage stakeholders as early as possible
Solution: D. Engage stakeholders as early as possible
The best way to avoid resistance to new technology is to engage stakeholders as early as possible. This means involving them in the decision-making process from the beginning and giving them a chance to provide input on the new technology. By engaging stakeholders early on, the project manager can assess their needs and concerns, address objections, build trust and rapport, and get their buy-in.
The other answer choices are incorrect. Investing in stakeholders’ communication is important, but it is not enough to avoid resistance. The project manager also needs to engage stakeholders early on. Providing technical support to stakeholders may help to address some of their concerns, but it is not enough to overcome their resistance. Proposing an agreement with stakeholders may be a good way to get their buy-in, but it is not as effective as engaging them early on.
This question and rationale were developed in reference to:
https://www.pmi.org/learning/library/improve-stakeholder-management-9901 [Item Utilizing change management tools and techniques can help a project or program manager more effectively identify, plan, and engage stakeholders. This targeted approach can strengthen stakeholder assessment capabilities to build a better stakeholder management plan, communications plan, schedule, budget, and other project management tools. It can also help build value into the delivery of the changes themselves by strengthening adoption]
Question
A supplier reports that they are over capacity, which may delay their delivery. What should the project manager update?
A.Risk register
B.Stakeholder register
C.Issue log
D.Project schedule
Solution: A. Risk register
PMBoK Sixth Edition Chapter 4 and 11 states: “
11.2.3.1 RISK REGISTER
The risk register captures details of identified individual project risks. The results of Perform Qualitative Risk Analysis, Plan Risk Responses, Implement Risk Responses, and Monitor Risks are recorded in the risk register as those processes are conducted throughout the project. The risk register may contain limited or extensive risk information depending on project variables such as size and complexity.
On completion of the Identify Risks process, the content of the risk register may include but is not limited to:
List of identified risks. Each individual project risk is given a unique identifier in the risk register. Identified risks are described in as much detail as required to ensure unambiguous understanding. A structured risk statement may be used to distinguish risks from their cause(s) and their effect(s).
Potential risk owners. Where a potential risk owner has been identified during the Identify Risks process, the risk owner is recorded in the risk register. This will be confirmed during the Perform Qualitative Risk Analysis process.
List of potential risk responses. Where a potential risk response has been identified during the Identify Risks process, it is recorded in the risk register. This will be confirmed during the Plan Risk Responses process.
Additional data may be recorded for each identified risk, depending on the risk register format specified in the risk management plan. This may include: a short risk title, risk category, current risk status, one or more causes, one or more effects on objectives, risk triggers (events or conditions that indicate that a risk is about to occur), WBS reference of affected activities, and timing information (when was the risk identified, when might the risk occur, when might it no longer be relevant, and what is the deadline for taking action).
4.4.3.1 LESSONS LEARNED REGISTER
The lessons learned register can include the category and description of the situation. The lessons learned register may also include the impact, recommendations, and proposed actions associated with the situation. The lessons learned register may record challenges, problems, realized risks and opportunities, or other content as appropriate.
The lessons learned register is created as an output of this process early in the project. Thereafter it is used as an input and updated as an output in many processes throughout the project. The persons or teams involved in the work are also involved in capturing the lessons learned. Knowledge can be documented using videos, pictures, audios, or other suitable means that ensure the efficiency of the lessons captured.
At the end of a project or phase, the information is transferred to an organizational process asset called a lessons learned repository”
Therefore, the correct answer is: “Risk Register”, because that is where all the risks related to the project should be recorded.
The Distractors are correctly worded and accepted
This question and rationale were developed in reference to:
PMBoK, Sixth edition (2021) PMI/PMI/4 and 11/ [Item Risk Register and Lessons Learned Register]
| PMBOK® Guide–Fifth Edition (5th) PMI/PMI/11.6/349 [Item]
| Project Risk Management Guidelines: Managing Risk in Large Projects and Complex Procurements (2005) Dale Cooper, Stephen Grey, Geoff Raymond and Phil Walker/John Wiley & Sons/7/ [Item]
Question
Due to increased price volatility, a vendor asks the project manager of a large development project to make a price change that will affect the project contract.
What should the project manager do?
A.Request the change control board (CCB) to meet with the vendor to discuss the change.
B.Execute the price change requested by the vendor and update the project contract.
C.Comply with the vendor’s request and update the project management plan.
D.Analyze the impact and submit a formal change request, if appropriate.
Solution: D. Analyze the impact and submit a formal change request, if appropriate.
The project manager should thoroughly asses how the proposed price change will affect various aspects of the project, including scope, budget, schedule, and quality. If it is determined that the vendor’s request would significantly impact the project, such as changes to the project’s cost, scope, or schedule, the project manager should submit a formal change request. Submitting a formal change request is the appropriate way to document and communicate the proposed change to relevant stakeholders and decision-makers.
Requesting a meeting with the CCB and the vendor is not the most efficient approach. It is important to keep the CCB informed of any potential changes to the project, but the project manager should first assess the impact of the price change before requesting a meeting.
Complying with the vendor’s request and executing the price change without prior analysis and approval disregards the need to understand how the change affects the overall project. The price change may significantly impact the project’s scope, budget, schedule, and other aspects, potentially leading to uncontrolled project changes. Further, it is important to get input from all stakeholders before making a decision.
This question and rationale were developed in reference to:
PMBOK Guide Seventh Edition (2022) PMI/PMI/ [2.4.7 CHANGES]
Question
A project manager is leading a project to develop a new system for a government agency using a predictive approach. The project’s governance framework is designed to ensure that the system meets the needs of the stakeholders and complies with all applicable regulations. The project manager receives an approved change request related to a project’s governance framework.
What should the project manager do to implement this change?
A.Review the changes to the governance framework and update relevant planning documents.
B.Recalculate the durations of project activities affected by the change to the governance framework.
C.Put the project on hold until the impact of the governance framework can be assessed.
D.Submit the formal change request to the project steering committee for final approval.
Solution: A. Review the changes to the governance framework and update relevant planning documents.
The project manager needs to fully understand the nature and extent of the approved changes. Without a thorough review, it’s impossible to know how these changes will impact the project. After reviewing the changes, the project manager should update planning documents to ensure that the project aligns with the new governance framework and maintains alignment with stakeholder needs and regulatory requirements.
Recalculating the durations of project activities is not necessary until the project manager has reviewed the changes and determined their impact on the project.
Putting the project on hold is not necessary unless the changes require a major overhaul of the project plan. Putting the project on hold could be costly and disruptive; the focus should be on implementing the approved changes effectively.
Submitting the formal change request to the project steering committee is not necessary, as the change request has already been approved.
This question and rationale were developed in reference to:
Adv PM: A Structured Approach 4th Ed (Jan 1 2004 12:00AM) Frederick Harrison and Dennis Lock/Gower Publishing Co.//Change implementation and integration, page 253 [Item]
PMBOK Guide Seventh Edition (2022) /// [2.5.7 MONITORING NEW WORK AND CHANGES]
Question
Which is the process that the project manager performs to prioritize individual project risks for further analysis or action by assessing their probability of occurrence and impact, as well as other characteristics?
A.Quantitative Risk Analysis
B.Qualitative Risk Analysis
C.Identify Risks
D.Plan Risk Management
Solution: B. Qualitative Risk Analysis
The choices list four processes within Risk Management. They are done in the order of 1) Plan Risk Management, 2) Identify Risks, 3) Qualitative Risk Analysis, 4) Quantitative Risk Analysis. Qualitative Risk Analysis prioritizes identified risks by assessing their probability and impact, and is relatively simple, compared to Quantitative Risk Analysis. Quantitative analysis uses mathematical models to calculate risk responses, and can be time consuming and expensive. Therefore, only the highest priority risks are advanced to quantitative analysis.
This question and rationale were developed in reference to:
https://standardsplus.pmi.org/posts/idbeta5/13aec16b-9482-47f7-88e6-72e3449b604f [Item This process allows you to prioritize individual project risks for further analysis or action so you can focus your energy on the risks that pose the greatest threat to the project.]
Question
A project manager has finished a qualitative risk analysis with their team. Which project documents may require updating based on this information?
A.Risk Register, Risk Report, Lessons Learned
B.Plan Risk Management, Assumption Log
C.Risk Register, Assumption Log, Issue Log, Risk Report
D.Risk Register, Risk Report
Solution: C. Risk Register, Assumption Log, Issue Log, Risk Report
The correct answer is risk register, assumption log, issue log, and risk report.
At a minimum, the risk register, issue log, assumption log, and risk report should be reviewed for revision upon completion of the qualitative risk analysis. Other documents, such as the lessons learned database and stakeholder register may require an update, but it is likely that the four above will be affected. The other answers are either incomplete or include possible optional but not the most likely affected documents.
The next step after qualitative risk analysis is to update those all-important project documents. These include:
Risk register: The results of qualitative risk analysis will largely be added to the risk register. These items include probability and impact assessments for each individual project risk, as well as priority levels, identified risk owners, risk urgency information, and risk categories. Risks judged to be a high priority should be separated for further analysis and response planning (in general, they should also be monitored more frequently). A watch list should also be created for low-priority risks.
Risk report: The risk report should be updated to indicate the overall project risk and the most important individual project risks, sorted by category and trends. It should also include a prioritized list and summary of all identified risks.
Assumption log: The log should be updated if new assumptions have come to light or new constraints have been identified during the process.
Issue log: This should be updated to capture any new issues you’ve discovered or changes in currently logged issues.
This question and rationale were developed in reference to:
https://standardsplus.pmi.org/posts/idbeta5/13aec16b-9482-47f7-88e6-72e3449b604f
Question
A supplier for a regulatory project is responsible for making the component changes. The supplier is unlikely to meet the project schedule. Based on the risk response plan, the project manager secured stakeholder approval to use paper forms until the component changes go live. It is still possible, however, that the paper form changes may not be ready in time.
Which risk type is the project manager facing in this situation?
A.Secondary risk
B.Residual risk
C.Primary risk
D.Compliance risk
Solution: B. Residual risk
The correct answer is a residual risk.
Residual risks are the leftover risks that are expected to remain after the planned response of risk has been taken. In this case, the residual risk is the chance that the paper form changes may not be ready in time; there isn’t much the project manager can do to prevent this delay.
A residual risk is a risk that remains after risk responses have been implemented.
A secondary risk is a risk that arises as a direct result of implementing a risk response.
Risk responses, when implemented, can have potential effects on the objectives and as such, can generate additional risks. These are known as secondary risks and are analyzed and planned for in the same way as those risks that were initially identified. There may be residual risks that remain after the responses are implemented. The risk is that the supplier is unlikely to meet the project schedule. Even after consulting the risk response plan, it is still possible that the risk remains.
This question and rationale were developed in reference to:
https://www.pmi.org/learning/library/overall-project-risk-assessment-models-1386 [Item]
| PMI.org (2016) //https://www.pmi.org/learning/library/isd-project-performance-residual-risk-10223// [Item]
The Standard for Risk Management in Portfolios, Programs, and Projects (2019)