The previous cost performance index was 1.1. The most recent calculation is at .89. The schedule variance is positive, but a critical path activity is trending to take longer than estimated, and there is inserted wait time between this activity and its successor activity. As discussed at the team meeting, the possibility that this activity would take longer than estimated had been identified in planning along with suggested responses. The team agrees that the suggested responses are still valid. You are analyzing this change before issuing the status report. All of the following are relevant for analyzing a cost overrun except:

A management team is trying to decide if it will continue working on a project that has spent us $500,000. The original estimate for work completed to date was us $200,000. The difference between the actual cost and the original estimate, is a(n):

For each activity on your project, you have worked with designers, engineers, technical experts, and consultants to come up with details on the resources needed to complete the activity. For some of the activities the lists are quite long, as you need raw and finished materials, equipment, and people. You have a limited amount of warehousing available, so you have to coordinate the deliveries and work so that the materials and equipment are delivered as close to the start of an activity as possible. You and the project management team have identified the amount of time and money needed for each of the activities, which you have then aggregated and analyzed with their help. These efforts will eventually result in the creation of a cost baseline for he project. In which process is the cost baseline developed?

The best description of costs that are directly impacted by the amount of production is:

While managing a project in another country, you are asked to make a "facilitting" payment so the country officials will issue a work order. What should you do?

Two of your team members are constantly arguing with each other about work assignments. Due to their attitude, the project is delayed, and pressure is building on other team members. What should you do?

In an IT project, after several brainstorming sessions with customers, Kurt established various project deliverables. Two weeks later, while reviewing the plan, Kurt identifies two similar deliverables and decides to merge them into a single deliverable. What should Kurt do next?

The management of a retail business unit has just assigned Mario to compare multiple projects and select the best project that will produce the most value for the unit. Although Mario has worked as a project manager for a long time, he has only a limited understanding of project selection methods. What should be the first course of action from Mario in this scenario?

A company hires you to work as a project manager in a foreign country. You discover that you must pay kickbacks to the officials there to get licenses for your project. What should you do?

In a manufacturing project, you have requested bids to procure stainlesssteel products. However, your sponsor insists that you conduct bidder conferences before selecting sellers. What mandatory standard in the PMI Code of Ethics and Professional Conduct is met by conducting bidder conferences?