PMP Questions ID 2854 a project manager is preparing to lead a project status meeting later that afternoon the project

A project manager is preparing to lead a project status meeting later that afternoon. The project is currently 75 percent complete and is reaching the most critical point. Since the project sponsor is planning on attending the meeting, the project manager decides to update the earned value calculations to present the latest performance updates in terms that the sponsor will want to see. The budget at completion (BAC) is set at $550,000, and the current estimate at completion (EAC) is at $525,000. How is the project performing in terms of the budget?

Select one

It is under the planned cost.

It is over the planned cost.

It is on the planned cost.

Insufficient information was provided.

You are using the critical chain method to construct your schedule, and there are variances in your critical path tasks. Which of the following is true?

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Your schedule is not at risk yet, but you should monitor both critical and noncritical path tasks for further delays or variances.

You should compare the amount of buffer needed to what’s remaining to help assess if the schedule is on track.

You should use preventive actions to get the project back on track.

Delays to the noncritical path tasks won’t cause any further issues for the critical path.

You are the project manager for a project that will produce a mobile phone application that sends alerts when UV rays are at dangerous levels, alerting users to stay indoors. You are in the process of managing the schedule and use a chart to track the work that remains to be completed within the iteration backlog. What is this chart called?

Roshoud is the VP of customer operations for Galactic Kidz and is the project sponsor of the latest project, called Project G. He sits down with Sally, the project manager, to discuss resource utilization on the project. He expresses concern after recently hearing that resources have been unavailable as planned. Sally admits that this has been the case and that it has set the project back unexpectedly. What action should Sally take to remedy the situation?

Select one

Review the schedule to identify what resource gaps currently exist within the project.

Perform data analysis to determine what corrective action may be taken to get back on track with the plan.

Procure additional resources to take the place of those who became unavailable after the project work began.

Talk to the functional managers to ensure the unavailable resources receive poor performance reviews.

An Agile-based team holds monthly status review meetings with the product owner to review deliverables produced post-iteration. Following the demo, the product owner uses part of the meeting to facilitate a general status review for the project. A good status review meeting uses which type of communication method?

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