While preparing an earned value analysis (EVA) for a project sponsor, the project manager provides the following information in the latest project report:
Approved work package cost estimates: US$9,500
Contingency reserves: US$500 Management reserves: 10% of contingency reserves Percent complete of the project: 50% Planned percent of the project: 40% Actual cost (AC) of the project: US$4,500
According to the project status, the current budget at completion (BAC) is considered achievable.
What value represents the cost performance required for the remaining work to keep the project cost goal within the baseline?
A. 0.91
B. 0.88
C. 0.64
D. 1.25
A pharmacy needs to launch a medication delivery service. An interdisciplinary team was created in order to have the service ready in one-month when it usually takes five months to complete. What should the project manager do?
A. Register a risk and define a contingency plan.
B. Review and reduce the project backlog.
C. Assist the team in proposing a minimum viable product (MVP).
D. Ask to increase the capacity of the team.
A construction company recently won the bid for a project to build a cable bridge. A project charter has been prepared and a project manager has been assigned. The project manager is creating a work breakdown structure (WBS) for the project.
To what level should the project manager decompose their project?
A. To the lowest level where cost and duration can be estimated and managed
B. To the level where the highest level of quality is maintained
C. To level four of the schedule for bridge construction
D. To the level where the bridge can be constructed safely
A project team consists of eight resources working on a complex project. The chief technical designer prefers to work alone and seldom talks in meetings, but produces good designs. The technical lead is always energetic, has lots of opinions about the project, and constantly clarifies their thoughts in discussions.
What should the project manager do to improve overall team performance?
A. Ask the chief technical designer to provide their feedback by email.
B. Let the team dynamics continue as is since the current team mix works well.
C. Encourage the chief technical designer to engage more with the team.
D. Ask the technical lead to drive the project s technical discussions.
A project manager held a meeting and framed the project schedule. A critical stakeholder, who was not consulted at the time of the schedule discussion, complained that the published dates are not agreeable due to a prescheduled task for another assignment.
What should the project manager do first?
A. Organize a new schedule framing meeting with the critical stakeholder to obtain input.
B. Discuss with the project sponsor and create a new project schedule.
C. Analyze the root cause of the issue and update the communications management plan.
D. Reach out to the project sponsor and request additional resources.
Team members of a new scrum team are skilled and excited about the project, despite never having worked together before. The project leader requested an offsite team building activity to talk about the project and get familiar with each other, but the activity was not approved by the sponsor who is trying to save money. The project leader believes it is important to hold a team building activity to bring the team together.
What should the project leader do?
A. Tell the team that the event will be handled at the end of the project due to current financial constraints
B. Bypass the event because the team members' seniority is enough to engage without further activities
C. Explain the financial constraint and ask each team member to pay their own share for the event
D. Use the office facilities and support to organize an interactive event for the team members in-house
A project manager is working on a global project. One team member is from a different country and is unable to attend project meetings on a regular basis. Because of this, other team members have started questioning the need for the project meeting. This issue is affecting the time line deliverable and quality parameters.
What should the project manager do to manage the project deliverables?
A. Define the rules for the project meeting.
B. Make it mandatory for all members to attend all project meetings.
C. Make it mandatory for all members to discuss their work at project meetings.
D. Define the agenda for the project meeting.
At a project status meeting, different activities were agreed upon for the following weeks. At the end of the first week, the project team realizes that the activities were executed in the wrong way because each team member had a different understanding. These misunderstandings have caused a delay in the project.
Which of the following actions should the project manager take to avoid this situation in the future?
A. Conduct reviews prior to performing activities.
B. Monitor the team's performance metrics.
C. Document the agreement in the meeting minutes.
D. Use a common communication terminology.
A project manager has been assigned to a new project. The project schedule is extremely short. During an iteration review meeting, the key stakeholder mentions that they are experiencing some inefficiencies in their work processes. What should the project manager do?
A. Perform a schedule impact analysis with the team.
B. Ask the team to evaluate their process
C. Review deliverables with the key stakeholder.
D. Seek support from the project sponsor.
A project team is working hard to reach a milestone. The team morale is low because of the extended hours worked to meet the deadline. Adding to this tension is the fact that the team works remotely, and there has been little time to build relationships or get to know team members beyond the tasks that everyone performs.
What should the project manager do to address the remote team's morale?
A. Evaluate the challenges and capture them with the team as part of the lessons learned
B. Plan a party to celebrate everyone's accomplishments after reaching the milestone
C. Offer opportunities for coworkers to interact beyond tasks, and model this behavior to create a safe space
D. Invite the team to a work retreat to allow the team to build relationships in person and reach the milestone as planned
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only PMI exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your PMP exam preparations and PMI certification application, do not hesitate to visit our Vcedump.com to find your solutions here.