PMP Questions ID 1134 which of the following statements is correct

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Project lifecycles are independent of product lifecycles.

Project lifecycles and product lifecycles are interdependent.

A product lifecycle is the same as a project lifecycle.

The last lifecycle for a project is generally the product's retirement.

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Nominal group technique

Mind mapping

Decision trees

Storyboarding

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Create WBS

Define Scope

Develop Project Management Plan

Define Activities

As an external vendor, you are managing a complex software project on a time-and-materials (T&M) contract. One of your team members reports a breakthrough in automating some of the testing activities. This may result in cost savings to the project and completion of the project one month ahead of schedule. Which of the following actions would you take?

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This is confidential information within your project team and there is no need to share with the customer. The savings will be additional profits on the project.

Communicate the current status and inform the customer you will incorporate some additional features to use up the savings in cost and time since it was budgeted.

Communicate the current status to the customer and indicate the potential changes to cost and schedule.

Communicate the savings in cost and time to the customer. At the end of the project, notify your billing department that they need to prepare an invoice for 50 percent of the cost saved.

A project team member finds that the color scheme of the webpage he is designing appears too gaudy and decides to change it to a melloweddown color scheme. The customer approved the original color scheme and the color palette. The independent testing team flags this as a defect, and a heated discussion ensues between the team member and the testing team. What is your view?

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The testing team is incorrect in flagging this as a defect. This is an example of expert judgment when historical expertise is brought into the project.

The testing team is correct. Even though the new color scheme is more pleasing than the old one, the appropriate change management process was not followed, and the work product is not as per design.

The testing team is not right in flagging this. The color scheme is a simple matter, and the new colors are definitely more pleasing than the old ones.

The testing team is correct in flagging this. The team member should have sent a note along with the work product indicating he or she made the color scheme change.

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