You are a project manager for Candy Works candy factory. Your project involves reporting information from the newly installed candy-counting machine to the financial system. This will give executives the ability to see production run counts at any rime during the day. The project sponsor has promised you a bonus if you get this project completed two weeks sooner than the scheduled project end date. The bonus will come in handy on your trip to the Bahamas planned for later this spring. You've got a few remaining project activities to wrap up before you can close out the project. Which of the following is the most appropriate response?
A. You tell the sponsor the project is complete and treat the remaining activities as though they're problems that came up after project closure so that you can still get the bonus.
B. You tell the sponsor the remaining activities are outside the scope of the project so the project really is completed and collect your bonus.
C. You tell the sponsor the stakeholders added these requirements after the project was well under way and you never agreed to include them in the project so the project really is complete, and you collect your bonus.
D. You tell the sponsor you aren't going to make the two-week early completion date as there are remaining activities to finish up.
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The lowest level of the WBS is called what? A. Code of accounts B. Requirement C. Milestone D. Work package
What is eXtreme methodolgy ?
You are a project manager for a software manufacturing firm. The project you've just finished created a new software product that is expected to become a number-one seller. A friend of yours is a certified software instructor. They have asked you for a copy of the software prior to the beta release through the marketing department so they can get familiar with it. What is the most appropriate response? A. Since your friend is certified to teach your company's brand of software, provide them with a copy of the software. B. Ask them to sign a nondisclosure agreement before releasing a copy of the software. C. Decline the request since you stand to gain from this transaction by receiving free training. D. Decline the request because the software is the intellectual property of the company.
You are a project manager working in a foreign country. You observe that some of your project team members are having a difficult time adjusting to the new culture. You provided them training on cultural differences and the customs of this country before arriving, but they still seem uncomfortable and disoriented. Which of the following is true? A. This is the result of working with teams of people from two different countries. B. This condition is known as culture shock. C. This is the result of jet lag and travel fatigue. D. This condition is known as global culturalism.
Which of the following is constraint chat you might find during the Organizational Planning process? A. Organizational structure, expected staff assignments, collective bargaining agreements, and project management team preferences B. Organizational structure, organizational interfaces, technical interfaces, and interpersonal interfaces C. Organizational interfaces, expected staff assignments, collective bargaining agreements, and project management team preferences D. Organizational interfaces, technical interfaces, and interpersonal interfaces
Your project was just completed. Due to some unfortunate circumstances, the project was delayed causing cost overruns at the end of the project. Which of the following is true? A. You document the circumstances as lessons learned. B. You pay particular attention to archiving the financial records for this project. C. Your project ended due to starvation because of the cost overruns. D. You document the circumstances surrounding the project completion during the Scope Verification process.
During which project management process are risk and stakeholder's ability to influence project outcomes the highest at the beginning of the process? A. Planning B. Executing C. Initiation D. Controlling
You are a project manager for Fountain of Youth Spring Water bottlers. You are installing a new accounting system and have identified several problems and their causes. You decide to use which of the following flowcharts to diagram the problems' causes and effects? A. Decision tree diagram B. Fishbone diagram C. Benchmark diagram D. Simulation tree diagram
You are the project manager for Design Your Web Site, Inc. Your company is designing the website for a national grocery score chain. You have your activity list in hand and are ready to diagram the activity dependencies using the PD technique. You know that: A. PDM uses AON diagramming methods. B. PDM uses AOA diagramming methods. C. PDM uses ADM diagramming methods. D. PDM uses PDM diagramming methods.
Explain the Principals of Management
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The purpose of a quality audit includes all of the following except: A. Examines the work of the project and formally accepts the work results B. Determines how the project is progressing and makes corrections C. Identifies lessons learned D. Reviews quality management activities to ensure the right quality elements are being examined
HI everyone, I am commerce graduate, completed MBA Finance in Distinction. I would like to do FI/CO. Could any one of you please suggest, which is the best instistute for FI/CO training in Hyderabad. Compulearn, Reliance, or other. Thanks in advance Rupa Gupta