What document is Frank and the NHH Project team creating in this scenario?
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Frank is the project manager of the NHH Project. He is working with the project team to create a
plan to document the procedures to manage risks throughout the project. This document will
define how risks will be identified and quantified. It will also define how contingency plans will be
implemented by the project team. What document is Frank and the NHH Project team creating in
this scenario?
Which of the following inputs of the identify risks process is useful in identifying risks…?
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Tom works as a project manager for BlueWell Inc. He is determining which risks can affect the
project. Which of the following inputs of the identify risks process is useful in identifying risks, and
provides a quantitative assessment of the likely cost to complete the scheduled activities?
Which one of the following is a benefit of creating a program?
You are coaching Tammy, a project manager in your program, on the benefits of program management. She is stumped as to why you would create a program so you’re sharing with her all the difference benefits of a program. Which one of the following is a benefit of creating a program?
which component in this scenario is the decoder?
Holly is the project manager of the NSS Project for her company. She is discussing some of the
project risks and the issues that have happened in the project. Holly has faxed the status report to
her project client for their review. Based on the standard communication model, which component
in this scenario is the decoder?
which need is at the top of the hierarchy?
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Part of program management is to identify what motivates your program team members. If you subscribe to Maslow’s Hierarchy of Needs which need is at the top of the hierarchy?
What is the cost performance index for this project to determine if the contingency response should happen?
Pete works as a project manager for BlueWell Inc. The Management has told him that he must
implement an agreed-upon contingency response if the cost performance index in his project is
less than 0.90. Consider that Pete’s project has a budget at completion of $275,000. His project is
65 percent complete and he has spent $175,000 to date. However, Pete is scheduled to be 78
percent complete. What is the cost performance index for this project to determine if the
contingency response should happen?
What kind of chart can show the utilization of project team members used in your program?
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Your program exists within a matrix structure. Your program has eight projects that all share resources from around the organization. You are concerned that some of the project team members may be over allocated and want to create a chart that will reflect the utilization of resources. What kind of chart can show the utilization of project team members used in your program?
What should you tell Nancy?
You work as a project manager for BlueWell Inc. You are working with Nancy, the COO of your
company, on several risks within the project. Nancy understands that through qualitative analysis
you have identified 80 risks that have a low probability and low impact as the project is currently
planned. Nancy’s concern, however, is that the impact and probability of these risk events may
change as conditions within the project may change. She would like to know where will you
document and record these 80 risks that have low probability and low impact for future reference.
What should you tell Nancy?
What approach could Robert take that would not dramatically add risks to program if he added labor to the effo
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Robert’s program is slipping on its schedule and management has asked that Robert find a method to compress the duration of the program. What approach could Robert take that would not dramatically add risks to program if he added labor to the effort-driven activities within the program?
Which one of the following will NOT help you, the project manager, to prepare for risk monitoring and controll
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There are four inputs to the Monitoring and Controlling Project Risks process. Which one of the
following will NOT help you, the project manager, to prepare for risk monitoring and controlling?