Your company is way behind schedule in the deployment of a government mandated change to a health care processing system that must be in production by the end of the year. You and your team have met and decided to hire an additional 50 programmers to work with the existing staff on the activities in order to meet the due date. This is an example of what?
A. Resource Leveling
B. Fast Tracking
C. Crashing
D. Risk Transference
Which of the following statements about project teams is incorrect?
A. The project management team is usually a team external to the project team.
B. The project management team is a subset of the project team.
C. For smaller projects, the project management responsibilities can be shared by the entire team.
D. For smaller projects, the project management responsibilities can be administered solely by the project manger.
A project manager is giving a project update to the key stakeholders. During the meeting, he finds out that most of the stakeholders are busy checking and replying to their emails. Which of the following is the best action that could have eliminated this issue?
A. A meeting ground rule on active listening
B. Providing snacks to the stakeholders during the meeting
C. Including the company’s code of conduct in the presentation handouts
D. Asking sudden unexpected questions outside the scope of the project
You have just learned that your project’s sole equipment supplier has gone out of business. This is an unanticipated risk, and will cause a delay in the project until a new vendor can be selected and contracts put in place. What do you do?
A. Continue working on non critical path tasks.
B. Put out on RFP for new vendors.
C. Notify the project stakeholders.
D. Consult with legal counsel.
John is managing a simple construction project. For this project, the stakeholder register exists, but the stakeholder engagement plan was not developed during the planning phase of the project. During the project execution, a big number of change requests came in and got approved. John now believes that a formal stakeholder engagement plan should be in place in order to guarantee the project’s success. What must John do?
A. Continue with the project and delegate the plan development to one of the project team members.
B. Terminate the project and start the project from scratch.
C. Go ahead and develop the project’s stakeholder engagement plan.
D. Hold the project work till the management prepares the new stakeholder engagement plan.
A seller organization was executing work for a project under a contract. During the course of the project, a number of disputes arose over the scope and quality of work. Which of the following is the preferred method of resolving these claims?
A. Alternative dispute resolution (ADR)
B. Claims court
C. Appeals court
D. Negotiation
A project manager was involved in preparation of the project charter for an external project. One of the inputs to the project charter was a statement of work (SOW). The SOW may have been received from the customer as part of all of the following except:
A. As part of a request for information
B. As part of the business case
C. As part of a request for proposal
D. As part of a contract
All of the following are components of an effective change control, EXCEPT:
A. Variance analysis
B. Expert judgment
C. Change control tools
D. Meetings
The cost of running a project management office is an example of what type of cost?
A. Reimbursable
B. Fixed
C. Direct
D. Indirect
A project was estimated to cost $ 200,000 with a timeline of 10 months. Due to a shipment delay, the schedule was slightly delayed. This was however made up by receiving the first batch of materials for the project by air. The net result was that there was some additional cost in the project. At the end of the second month, the Project Manager reviews the project and finds that the project is 20% complete and Actual Costs are $ 50,000. The Estimate to complete (ETC) for the project would now be:
A. $160,000
B. $210,000
C. $250,000
D. $200,000