REMEDIAL 2024

A form of project organization where power is shared between the functional manager and the project manager is called:

• A week matrix
• A balanced matrix
• A strong matrix
• A tight matrix

A manufacturing project has a schedule performance index (SPI) of 0.89 and a cost performance index (CPI) of 0.91. Generally, what is the BEST explanation for why this occurred?

• The scope was changed.
• A supplier went out of business and a new one needed to be found.
• Additional equipment needed to be purchased.
• A critical path activity took longer and needed more labor hours to complete.

The project is in planning when three stakeholders come to the project manager asking for information on the company’s new project management methodology. They want to know where it came from and why is it different from the way they currently manage projects. These stakeholders are also friends of the project manager and the entire group has worked together for years. The project is using new terms like “corrective action” that are making some stakeholders nervous, as they are unsure whether the way the project will be managed is going to change along with new terms. What should the project manager do..?

• Notify the Project Management Office (PMO)
• Make sure she maintains her authority as the project manager even the stakeholders are her friends
• Supply a list of new terms and their terminology
• Advise the stakeholders that she will keep them in the communication loop for the project

A project manager analyzed a US $2,500,000 project that involves 75 team members and has three customers. Why is there a need for an analysis of secondary risks on this project..?

• It helps create prioritized list of risks
• It provides a way to effectively decrease the amount of contracting on the project.
• It helps determine and address new risks created as result of the risk response strategies chosen
• It provides a vehicle for efficient stakeholder involvement.

An activity has an Early Start (ES) of day 3, a Late Start (LS) of day 13, an Early Finish (EF) of day 9, a Late Finish (LF) of day 19. What is the duration of this activity..?

• 7
• 10
• 6
• 12

People from business development department are the only ones completing a project. Whenever questions arise, they are transmitted to the heads of other department, to the people in these departments and the back to the business development department. This is causing delays on the project. Why might this method of communicating be happening?

• There is no project charter
• The communication management plan is not clear
• The work break down structures does not show responsibilities
• The project is being managed in functional organization.

It is determined that the benefit of the internal ticket tracking system will be in the range of US $150,000 to US $230,000. The overall cost of the project is approximately US $250,000. Team members could learn new skills and their staff would benefit from its use. Which of the following tools could be used by management to determine whether this project should be done..?

• Design of experiments
• Cost of quality
• Cost-benefit analysis
• Statistical sampling

Company management is presented with the following information on the Net Present Value (NPV) of several potential projects. Which project is the BEST choice..?

• Project B with an NPV of $120,000
• Project A with an NPV of $20,000
• Project D with an NPV of -$30,000
• Project A with an NPV of $150,000

A project manager is working with quality professionals in the Perform Quality Assurance process of the project. Which of the following activities is being performed..?

• Determining if the right processes is being used
• Determining the right processes to use
• Control Quality
• Evaluating quality against the processes

Which of the following are ALL items included in the cost management plan?

• The level of accuracy needed for estimates, roles for measuring cost performance, specifications for how duration estimates should be stated
• Specifications for how estimates should be stated, rules for measuring cost performance, the level of accuracy needed for estimates
• Rules for measuring team performance, the level of accuracy needed for estimates, specifications for how estimates should be stated
• Specifications for how estimates should be stated, the level of risk needed for estimates, rules for measuring cost performance