Is Eric’s organization liable to pay the ZAS Corporation for the work they have completed so far on the
Eric is the project manager of the NQQ Project and has hired the ZAS Corporation to complete part of the project work for Eric’s organization. Due to a change request the ZAS Corporation is no longer needed on the project even though they have completed nearly all of the project work. Is Eric’s organization liable to pay the ZAS Corporation for the work they have completed so far on the project?
Which risk analysis approach can Frank use to create an approach to make decisions in the presence of uncertai
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Frank is the project manager of the NHQ project for his company. Frank is working with the project
team, key stakeholders, and several subject matter experts on risks dealing with the new materials
in the project. Frank wants to utilize a risk analysis method that will help the team to make
decisions in the presence of the current uncertainty surrounding the new materials. Which risk
analysis approach can Frank use to create an approach to make decisions in the presence of
uncertainty?
What principle should you share with these project managers that counterattack the concept of padding activiti
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You are the program manager of the GHY Program in your organization. It has come to your attention that some of the project managers in your program are adding time to each project activity in an effort to pad their durations in case some event happens in their project that will cause delays. What principle should you share with these project managers that counterattack the concept of padding activities with additional time?
This is an example of what?
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Mike is the program manager of the NHQ Program. Mike and a vendor are in disagreement over the deliverable the vendor has created for Mike’s program. Mike does not believe the vendor has correctly created the deliverable, while the vendor is adamant that his company has indeed completed the contract. Both parties have documented their stance in the debate.
This is an example of what?
which contract type has the most risk for the project manager as a buyer?
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You are a risk auditor for your company. You are reviewing the contract types a project manager
has used in her project. Of the following, which contract type has the most risk for the project
manager as a buyer?
What type of report can you create that will help you track your staff and their performance?
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You are the program manager for your organization. Your program team has 43 people that all need to be monitored and controlled. You would like to create a standardized report that you can use to monitor, control, and record the performance of each staff member in your program. What type of report can you create that will help you track your staff and their performance?
What risk response has been given in this project?
Jane is the project manager of the GBB project for her company. In the current project a vendor
has offered the project a ten percent discount based if they will order 100 units for the project. It is
possible that the GBB Project may need the 100 units, but the cost of the units is not a top priority
for the project. Jane documents the offer and tells the vendor that they will keep the offer in mind
and continue with the project as planned. What risk response has been given in this project?
What is this phenomenon called?
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You have created a control chart for a repeatable process in your program. You have discovered that the seven most recent measurements are all on the positive side of the mean in your control chart. What is this phenomenon called?
How much capital should the project set aside for the risk contingency reserve?
You are the project manager of the GHE Project. You have identified the following risks with the
characteristics as shown in the following figure: How much capital should the project set aside for
the risk contingency reserve?
What component of the change management system is responsible for evaluating, testing, and documenting changes
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What component of the change management system is responsible for evaluating, testing, and documenting changes created to the project scope?