Harry is the project manager of a large network installation project. This project requires Harry to
add network cable to each office and cubicle of a 14-story office building. Harry will receive a
bonus for good time and cost performance in this project. What law of economics would prevent
Harry from exponentially adding labor to the project work in an effort to complete the work in a
very small amount of time?

You are the project manager for your organization. You are coaching Allen, a junior project
manager, on how the details of the project’s critical path are calculated. Examine the figure given
below:

What is the critical path of this project?

You work as a stakeholder for ABC Inc. You are on an important feature of a project that appears
too difficult to execute. Issues like acceptable type of bugs and number of bugs for user
acceptance seem to have affected the project. What is the rate of risk factor in such a situation?

Jenny works as a Project Manager for Blue Well Inc. She is measuring the schedule efficiency of
her project. The key values are provided in the table below:
MeasurementsValues
BCWP (or EV) 425
BCWS (or PV) 400
ACWP (or AC) 510
What is the schedule performance index (SPI) of the project at the current point of time?

Fred is the project manager of a hotel restoration project. The hotel has 456 rooms. All rooms
need to be primed and painted. Before each room can be painted, the primer must cure for twenty-four hours. Fred has arranged these tasks with a finish to start relationship between the priming
and the painting. What else should Fred do to account for the twenty-four hours of cure time?

You work as a project manager for Honeywell Inc. You have been distributing performance
information, including status reports, progress measurement, and forecasts to various
stakeholders. A trainee of this company wants to know what are the inputs for generating
performance reports. Which of the following are the necessary inputs? Each correct answer
represents a part of the solution. Choose two.

Your project is installing 8,000 light fixtures in a new building. Each of the light fixtures is to be
installed exactly the same way but you have discovered that some of the fixtures are installed
incorrectly. You and the project team meet and agree to fix the fixtures and to install all future
fixtures the same way. This is an example of what executing activity?

You are the project manager of the GHY project. Your project has a BAC of $675,000 and is forty
percent complete though you were supposed to be forty-five percent complete. Due to some
errors early in the project, you had to spend $278,000 of your project’s budget to reach this point.
Management is asking for a variance report. What part of your project has the largest variance?

You work as a project manager for BlueWell Inc. Some of the activities in your project are not
being completed on time. You reviewed these activities with your project team and discovered that
the time estimates for the project are much more aggressive than what they are actually
experiencing in the completion of the activities. You elect to create a new schedule for the project.
What project Management process are you working with when you create a new target schedule?

Mark works as a project manager for BlueWell Inc. He is making relevant information available to
the project stakeholders as required. According to Mark, which of the following are NOT the tools
and techniques of the Distribute Information process?