Your project schedule shows a 15 month finish, but your customer has just realized there is a regulatory requirement to complete the project by a certain date and insists this project must be finished in 12 months. Which of the following is the best approach?
A. Tell the customer it can be done, then cut your estimates by 20%. B. Cut the scope by 20%, tell the customer the critical path has changed, and resubmit the schedule for review. C. Stand your ground. Cutting scope or time will result in an inferior project outcome. D. Inform the customer of the impacts, then crash the project.
D. Inform the customer of the impacts, then crash the project.
You are just about to present your project’s status to your company’s executive team. One of your resources hands you an updated report on the progress of a critical deliverable as you are leaving your desk for the meeting. You review the report as you are walking to the conference room and notice that there is an error in the report. What do you do?
A. Do not report on that part of the project. B. Disclose that you have just discovered that there is an error in some of the information that you had intended to present, and only present the information that you know to be true. C. Cancel the meeting. D. Present the information as-it-is and revise it in the meeting minutes, which will be sent after 2 days
B. Disclose that you have just discovered that there is an error in some of the information that you had intended to present, and only present the information that you know to be true.
You have taken over the management of a project from another project manager, who is a certified PMP. This project has been completed and is in the process of closing. You discover that there is no project schedule. What do you do?
A. Add this issue to the lessons learned database. B. Do nothing. C. Notify the appropriate management immediately. D. Create a schedule.
A project manager colleague of yours is currently working under contract on a short term project. He has expressed some concerns about finding work after the project ends. The project he is working on is currently ahead of schedule and he expects they will finish a month sooner than initially expected. What advice would be appropriate to provide him?
A. Slow down work on the project to have it finish on schedule. B. Continue the work within the project’s scope and possibly finish ahead of schedule. C. Exaggerate his experience to the sponsor to try to get a project manager position for him on other upcoming projects. D. Inform the client the project is behind schedule and it will have to be extended.
B. Continue the work within the project’s scope and possibly finish ahead of schedule.
A project manager is just finishing a project that has not gone well. Apart from cost overruns and schedule overruns, there have been a lot of quality defects and the project required a lot of senior management intervention to finally reach completion. The project manager should now:
A. Focus on closing the project and moving on to the next one. Lessons learned is not applicable to this project since it has done badly B. Focus on presenting the data in positive light while ensuring that the reasons for the delays and problems are appropriately documented. C. Mask bad data and only present good data since his performance appraisal will otherwise be impacted. D. Document lessons learned from the project and update the lessons learned knowledge database.
D. Document lessons learned from the project and update the lessons learned knowledge database.
Your project sponsor has asked you to add 30% contingency to your project budget as a hedge against any unforeseen costs that could exceed the currently forecasted expenses, but has not provided any additional detail about why this is required. What do you do?
A. Add 30% to the management reserves. B. Ask the sponsor to elaborate the risks that are behind the request. C. Rebaseline the project budget. D. Add 30% to the total budget.
B. Ask the sponsor to elaborate the risks that are behind the request.
You are in the Validate Scope process of your electronic goods manufacturing project. While reviewing some products, you have noticed that the tolerance for one product is 0.01% less than what was listed in the requirements documentation. This deviation may not be a problem for the customers and it may not negatively impact the operations. What is your best immediate action in such a situation?
A. Notify the customers about thedeviation B. Change the project management plan to allow for small deviation C. Reject all products and restart the project D. Discuss with your team about the quality testing
Your company has temporarily assigned you to serve as a project manager at a company location outside your home country. While meeting with a vendor your first day on the job, you are presented with a gift. The corporate policy at the headquarters in your home country prohibits employees from accepting these types of gifts. However, as you are new to this location, you believe- but are not sure-that the local policy, as well as local custom may differ. How should you respond?
A. Provide a gift of similar value to the vendor at your next meeting. B. Accept the gift but do not tell anyone. C. Respectfully tell the vendor you are not sure of corporate policy, and will need to ask your management before you can accept gifts of any size. D. Accept the gift this time, but ask your manager about the local policy afterwards.
C. Respectfully tell the vendor you are not sure of corporate policy, and will need to ask your management before you can accept gifts of any size.