2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation
2151.
Tim is the project manager of a project that has a timeline of 18 months. Tim plans to send daily status reports to all stakeholders. After receiving two such reports, Sue, the project sponsor, informs Tim she would like to have reports every two weeks only. Tim did an analysis of communications requirements and considered various attributes for the communications management plan. What aspect has he missed, which resulted in a daily status report being sent instead of two-week status reports?
Select one
2152.
As part of the Risk Response planning for your project, you are trying to come up with a strategy to deal with negative risks or threats. In order to eliminate the impact of a particular risk, you relax the objective that is in jeopardy by extending the project schedule. This is an example of:
Select one
2153.
A large network hardware upgrade project was scheduled to take place over a weekend. During the course of the implementation, several previously unidentified dependencies on additional materials were discovered. The project manager gave approval for the tech staff doing the implementation to procure with corporate credit cards several hundred dollars’ worth of additional equipment required to complete the implementation. However, these additional expenses caused the project to exceed its budget. How should the project manager handle this?
Select one
2154.
You have been offered a position managing a project that will last 12 months. However, you know that in six months, you will be relocating to another state for family reasons. What should you do?
Select one
2155.
A project is contracted on a Cost-Plus-Incentive-Fee (CPIF) basis. The contract states that if the final costs are less than expected costs, the sharing formula for cost savings is 80:20. The targeted cost is US$500,000 with a 10 percent fee. If the project comes in at US$450,000, what would be the total cost of the contract?
Select one
2156.
You are a project manager for an automotive parts company. Your organization was hired to produce clutches for an exotic car company. This will involve the design and production of custom clutches. During the course of the project, as you review a quality control statistics chart that examines every clutch produced for the month, you notice several cases where the spring component of the clutch is expanding with too much force and is falling outside the upper control limit. Which type of Quality Control tool are you most likely using?
Select one
2157.
Prompt lists are usually developed based on historical information and knowledge accumulated from previous similar projects. Which of the following statements about risk prompt lists is wrong?
Select one
2158.
Which of the following quality control tools and techniques may not be used for root cause analysis?
Select one
2159.
A project manager manages a distributed team with team members located in five countries. Due to time zone differences, he cannot find a time that is acceptable to all team members. Which conflict resolution technique is best suited for this situation?
Select one
2160.
Which of the following is not an example of parametric estimating?
Select one