New PMP Question & Answers with explanation
You are the project manager for the Heart of Texas casual clothing company. Your project involves installing a new human resources system, and you are using a hybrid approach to delivering project outcomes. You’ve identified the risks associated with this project and are ready for the next step. What is the next step?
Select one
Your project selection committee is meeting later this week and is considering initiating one of two projects. They’ve asked you to recommend the project that will benefit the organization the most. The information you’ve gathered shows the initial investment for Project 1 is $795,000. Monthly cash inflows for the first year are $44,000, and expected cash inflows beginning in year 2 are $156,000 per quarter. Project 2 has an initial investment of $845,000. Expected quarterly inflows for the first year are $180,000. Beginning in the second year, inflows are expected to be $136,000 per quarter. Which project should you recommend to the committee and why?
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Which of the following is a valid input that aids the project manager in managing the overall work of the project?
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Which of the following stages of the Tuckman ladder addresses the stage at which the team is the most productive and effective?
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Marysil recently accepted a new role as lead project manager within a well-established healthcare company. Over the past three months she has worked hard to introduce new concepts and styles into the environment. She has been met with some resistance by Rachel and Ron, two colleagues who prefer different styles of leadership. Rachel prefers to use a combination of transactional, transformational, and charismatic approaches. What type of leadership style does Rachel follow?
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