A project manager for a small construction company has a project that was budgeted for $130,000 over a six-week period. According to her schedule, the project should have cost $60,000 to date. However, it has cost US $90,000 to date. The project is also behind schedule, because the original estimates were not accurate. Who has the PRIMARY responsibility to solve this problem?

A project manager for a small construction company has a project that was budgeted for $130,000 over a six-week period. According to her schedule, the...
The project is calculated to be completed four days after the desired completion date. You do not have access to additional resources. The project is...

You have a project with the following activities: Activity A takes 40 hours and can start after the project starts. Activity B takes 25 hours and should happen after the project starts. Activity C must happen after activity A and takes 35 hours. Activity D must happen after activities Band C and takes 30 hours. Activity E must take place after activity C and takes 10 hours. Activity F takes place after Activity E and takes 22 hours. Activities F and D are the last activities of the project. Which of the following is TRUE if activity B actually takes 37 hours?

You have a project with the following activities: Activity A takes 40 hours and can start after the project starts. Activity B takes 25 hours and should...

You are a project manager on a $5,000,000 software development project. While working with your project team to develop a network diagram, your data architects suggest that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development journal. Which of the following BEST describes what this type of input is called?

You are a project manager on a $5,000,000 software development project. While working with your project team to develop a network diagram, your data...

You are a project manager on a $5,000,000 software development project. While working with your project team to develop a network diagram, you notice a series of activities that can be worked in parallel but must finish in a specific sequence. What type of activity sequencing method is required for these activities?

You are a project manager on a $5,000,000 software development project. While working with your project team to develop a network diagram, you notice...

The float of an activity is determined by:

The float of an activity is determined by: A. Performing a Monte Carlo analysis B. Determining the waiting time between activities C. Determining...

What is the duration of a milestone?

What is the duration of a milestone? A. Shorter than the duration of the longest activity B. Shorter than the activity it represents C. There is...

Which of the following is CORRECT?

Which of the following is CORRECT? A. The critical path helps prove how long the project will take B. There can be only one critical path C. The...

Lag means:

Lag means: A. The amount of time an activity can be delayed without delaying the project finish date B. The amount of time an activity can be delayed...

A heuristic is BEST described as a:

A heuristic is BEST described as a: A. Control tool B. Scheduling method C. Planning tool D. Rule of thumb Answer...

Decomposition occurs during:

Decomposition occurs during: A. Define Scope B. Verify Scope C. Create WBS D. Control Scope Answer ...

Verify Scope is closely related to:

Verify Scope is closely related to:  A. Perform Quality Control B. Sequence Activities C. Perform Quality Assurance D. Time Management Answer...

A project manager's scope management efforts are being audited. The cost performance index (CPI) on the project is 1.13, and the benefit cost ratio (BCR) is 1.2. The project scope was created by the team and stakeholders. Requirements on the project have been changing throughout the project. No matter what the project manager has tried to accomplish in managing the project, which of the following is he MOST likely to face in the future?

A project manager's scope management efforts are being audited. The cost performance index (CPI) on the project is 1.13, and the benefit cost ratio...

During the completion of project work, the sponsor asks the project manager to report on how the project is going. In order to prepare the report, the project manager asks all the team members what percent complete their work is. There is one team member who has been hard to manage from the beginning. In response to being asked what percent complete he is, the team member asks, "Percent complete of what?" Being tired of such comments, the project manager reports to the team members boss that the team member is not co operating. Which of the following is MOST likely the real problem?

During the completion of project work, the sponsor asks the project manager to report on how the project is going. In order to prepare the report, the...

One of the stakeholders on the project contacts the project manager to discuss some additional scope they would like to add to the project. The project manager asks for details in writing and then works through the Control Scope process. What should the project manager do NEXT when the evaluation of the requested scope is complete?

One of the stakeholders on the project contacts the project manager to discuss some additional scope they would like to add to the project. The project...

You are managing a six-month project and have held biweekly meetings with your project stakeholders. After five-and-a-half months of work, the project is on schedule and budget, but the stakeholders are not satisfied with the deliverables. This situation will delay the project completion by one month. The MOST important process that could have prevented this situation is:

You are managing a six-month project and have held biweekly meetings with your project stakeholders. After five-and-a-half months of work, the project...

A new project manager has asked you for advice on creating a work breakdown structure. After you explain the process to her, she asks you what software she should use to create the WBS and what she should do with it when she is finished creating it. You might respond that it is not the picture that is the most valuable result of creating a WBS. It is:

A new project manager has asked you for advice on creating a work breakdown structure. After you explain the process to her, she asks you what software...

You have just joined the project management office after five years of working on projects. One of the things you want to introduce to your company is the need to create and utilize WBSs. Some of the project managers are angry that you are asking them to do "extra work". Which of the following would be the BEST thing you could tell the project managers to convince them to use WBSs?

You have just joined the project management office after five years of working on projects. One of the things you want to introduce to your company...

The project is mostly complete. The project has a schedule variance of 300 and a cost variance of -900. All but one of the quality control inspections have been completed and all have met the quality requirements. All items in the issue log have been resolved. Many of the resources have been released. The sponsor is about to call a meeting to obtain product verification when the customer notifies the project manager that they want to make a major change to the scope. The project manager should:

The project is mostly complete. The project has a schedule variance of 300 and a cost variance of -900. All but one of the quality control inspections...

When should the Verify Scope process be done?

When should the Verify Scope process be done?  A. At the end of the project B. At the beginning of the project C. At the end of each phase of...

A new project manager is being mentored by a more experienced certified project management professional ("PMP"). The new project manager is having difficulty finding enough time to manage the project because the product and project scope are being progressively elaborated. The PMP-certified project manager mentions that the basic tools for project management, such as a work breakdown structure, can be used during project executing to assist the project manager. For which of the following can a work breakdown structure be used?

A new project manager is being mentored by a more experienced certified project management professional ("PMP"). The new project manager is having difficulty...

During a meeting with some of the project stakeholders, the project manager is asked to add work to the project scope. The project manager had access to correspondence about the project before the project charter was signed and remembers that the project sponsor specifically denied funding for the scope mentioned by these stakeholders. The BEST thing for the project manager to do is to:

During a meeting with some of the project stakeholders, the project manager is asked to add work to the project scope. The project manager had access...

Approved corrective action is an input to

Approved corrective action is an input to A: Verify scope B. Direct and manage project execution C. Develop Project charter D. Develop Schedules Answer...

The project charter is:

The project charter is: A. Developed before the project statement of work, and after the project management plan. B. Developed after the project statement...

You are meeting with a new Project Manager who has taken over a project that is in the middle of executing. The previous project manager has left the company and the new project manager is upset that the change reports are streaming in from numerous sources including his boss, the customer and various stakeholders. The project manager is not even aware of how to process all of these incoming change requests. Where would you refer him?

You are meeting with a new Project Manager who has taken over a project that is in the middle of executing. The previous project manager has left the...

Your company can accept one of the three posible projects. Project A has a net present value (NPV) of $30,000 and will take six years to complete. Project B has a net present value of $60,000 and will take three years to complete. Project C has an NPV of $90,000 and will take four years to complete. Based on this information, which project would you pick?

Your company can accept one of the three posible projects.Project A has a net present value (NPV) of $30,000 and will take six years to complete.Project...

Your existing project has a cost performance index (CPI) of 1.2 and a schedule performance index (SPI) of 1.3, so you have some room to add work without delaying your existing project or going over budget. However, you cannot see how the new work fits within the project charter for your existing project. After some analysis, you determine that the new work and existing work do not overlap and can be done concurrently. They also require different skill sets. Which of the following is the BEST thing to do?

The engineering department has uncovered a problem with the cost accounting system and has asked the systems department to analyze what is wrong and...

The project was going well when all of a sudden there were changes to the project coming from multiple stakeholders. After all the changes were determined, the project manager spent time with all the stakeholders to find out why there were changes and to discover any more. The project work has quieted down when a team member casually mentions to the project manager that he added functionality to a product of the project. "Do not worry," he says, "I did not impact time, cost, or quality!" What should a project manager do FIRST?

The project was going well when all of a sudden there were changes to the project coming from multiple stakeholders. After all the changes were determined,...