You are the project manager of the GHY Project. Management wants you to create a process
improvement plan for your project. Your project will be studied by management and will become a
standard for all future organizational projects based on your project’s performance, approach, and
implementation of project processes. All of the following should be included in your project’s
process improvement plan except for which one?

George is the project manager of the NHQ Project and has a budget of $778,000. The project is
scheduled to last for one year with an equal amount of work completed each quarter. The second
quarter of the project has ended and George has spent $325,000 but has only finished forty
percent of the project. Management needs a variance report for the project schedule. What value
should George report in this instance?

You are the project manager of the NHQ Project. Management has set a conformance to the
project schedule for your project at 0.95. What does this term mean?

Which one of the following estimate types is a form of expert judgment?

You are the project manager of the NHA Project. This project is expected to last one year with
quarterly milestones throughout the year. Your project is supposed to be at the third milestone
today but you’re likely only 60 percent complete. Your project has a BAC of $745,000 and you’ve
spent $440,000 of the budget-to-date. What is your schedule performance index for this project?

CORRECT TEXT
Fill in the blank with an appropriate phrase.
The __________ includes a description of any collateral services required, such as performance
reporting or post-project operational support for the procured item.

Mark is the project manager of the GHQ Project. He is happily reporting that his project has a
schedule performance index of 2.12. Management, however, does not think this is good news.
What is the most likely reason why management does not like an SPI of 2.12?

You are the project manager of the BHG Project. You are creating a network diagram as shown in
the figure:

Mary, a project team member, reports that an identified risk is likely to happen in the project that
will affect the completion date of Activity D . She reports that the risk event will likely cause the
duration of the activity to increase by six days. If this happens what is the earliest the project can
complete?

Sam is the project manager of the NQQ project. He and the project team have completed the
stakeholder identification process for his project. What is the main output of the identify
stakeholders process?

You work as a project manager for BlueWell Inc. Management has asked you not to communicate
performance unless the CPI is less than 0.96 or the SPI dips below 0.98. What type of report
would you create for management, if these instances develop in your project?