2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation

2871.
Sally, a project manager who is a PMP, discovered an error in the estimation of a project. A certain cost was double calculated; as a result, the budget, which is already approved, was now in excess by $25,000. She knows that publicizing this information may cause her to get a poor performance appraisal, since her company is meticulous about such matters. What should she do?
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2872.
You are in the process of collecting and disseminating performance information to the stakeholders in the project. You want to predict the future performance of the project based on the current information. This performance information includes status reports, current status of risks, and summary of changes approved in the period. Which of the following methods will help you in predicting the future performance of the project?
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2873.
You are working as a project manager for MALTEX, an IT organization having a projectized organization structure. You have recently started managing a project that involves stakeholders from within and outside your organization. The stakeholders external to your organization are highly critical since the project negatively affects their interests. You are making serious efforts to gather their expectations and influence levels early in the project to ensure their voice is heard and proper communication needs can be planned in the project’s future phases. The outcome of your effort can be documented in:
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2874.
You have managed a federal highway construction project, which is intended to improve transportation between north and south regions of the country. In the execution phase, you received many complaints from stakeholders, including the highway transportation agency. At least half these complaints were regarding the quality of the micro texture of the road, and the nonconformance to the quality levels incorporated in the project quality management plan. So far, you have successfully fixed all the reported issues, but you are concerned by this recurrent event. What should you do to avoid future similar issues?
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2875.
During a key stakeholders’ update meeting, George’s project was challenged. The project is currently in the executing phase. One of the key stakeholders claimed the project no longer makes any business sense. What must George do next?
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2876.
To communicate with stakeholders on the resolved issues and the issues that are hard to resolve, you use an issue log in your project. Since you assign an owner for every issue and resolve it by working on it, your stakeholders actively support all your efforts in managing the project. This method of actively resolving issues and reducing risks to the project is known as:
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2877.
You have been assigned as the project manager for a software development project. You are currently communicating with stakeholders and addressing their issues and expectations. Which of the following documents are inputs to this effort?
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2878.
Many organizations favor fixed-price contracts because the buyer's risk is minimized by such contracts. However, to minimize the seller's risk, which of the following is crucial for a fixed price contract?
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2879.
Which of the following is not an effective influencing technique?
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2880.
The project manager of a long-term project to develop a new medical device waits until the later phase where the deliverables are more clearly defined before adding those details to the WBS. This is an example of:
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