New PMP Question & Answers with explanation
Carina is a principal project manager of You’ve Got Dogs, a specialty company that creates custom dog apparel and toys. She has just finished developing the project charter of a project that will create a new line of high-tech dog bones. What is the significance of the project charter?
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Your organization uses a predicative approach to managing projects. You have recently kicked off your project, and you are beginning a series of overview sessions with key users to determine requirements for a new enterprise resource software implementation. What process group are the activities you are performing in?
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Which of the following techniques can provide the probability of a project completing on any given date?
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You are in the Monitor Communications process. Your organization has taken on a large, complex, multiyear project. You are coming in as the new project manager (the old project manager left one day for lunch and never came back). After you’ve spent some time working on the project, you begin to realize that the project sponsor doesn’t want to hear bad news. There is, unfortunately, some bad news related to the project, but you have a plan to get the project back on track. One of the other stakeholders on the project informed you that the sponsor had just told them that the project was proceeding as planned and was on time and on budget. You’ve found that the stakeholders are not communicating with each other and that since you’ve started working on the project, there have been no regularly scheduled meetings with stakeholders. All of the following are true regarding this question except which one?
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If earned value = 500, planned value = 700, and actual costs = 450, what is the schedule variance?
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