PMP Questions ID 2441 a project manager is currently managing a manufacturing process improvement project which will be

A project manager is currently managing a manufacturing process improvement project which will be completed in five phases. The project manager has prepared the following chart to review the status of the project. Based on the information provided, what is the earned value of the project?

Select one

$20,000

$7,750

$9,000

$8,000

You are in the process of developing an approximation of the monetary resources needed to complete project work for a large-scale multinational project which will take at least seven years to complete. Your previous projects have all been domestic with short timeframes. As part of the process you are currently performing, what might you need to do differently compared with your past projects?

Select one

Create a stakeholder engagement assessment matrix

Develop a more robust risk management plan

Include additional organizational process assets

Consider additional enterprise environmental factors

A project manager is developing a cost management plan and needs to determine the best source of funding for a project that is dictated by a legal requirement. The cost of capital is estimated at 9.7% for non-dividend paying equity, 6.7% for debt, and 5.1% for self-funding. The NPV of the project is $500,000 with an opportunity cost of $750,000. What is the project manager's best course of action?

Select one

Fund the project with equity since there are no dividend obligations

Select the self-funding option since it provides the lowest cost of capital

Recommend the termination of the project since another project has a higher NPV

Perform an alternatives analysis since there are multiple factors to consider

The project has reached a stage where work is being done in seven countries. Project team members need to know in which currency they are to report their cost data. Which of the following should they reference?

A project team member runs an earned value analysis (EVA) report. There is an unexpected spike in actual costs over the last three weeks. The team member shows the report to the project manager and based on her analysis presents four possible reasons for the spike. Which reason is most probable?

Select one

There was a strike at the loading dock which delayed many needed steel shipments until today

Fewer employees are showing up for work the past two weeks causing a backlog of unfinished work

Much higher than expected quarterly bonuses were given to executives during that three week period

Soaring steel prices have impacted the fixed price with economic price adjustments procurement contracts

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