Proj Management 7 Questions and Answers with Complete Solution

1. Which statement describes best the purpose of the communications management plan?70 a. The project management plan is a subsidiary document of the overall communications management plan. b. The communications management plan describes rules of behavior and respect for communications in cross-cultural teams. c. The communications management plan describes the information delivery needs including format and level of detail. d. The communications management plan focuses on the use of communications technologies by the project management team C 1. While executing a project, you sense a slightly negative attitude in your team. Which type of document do you now need, among others, to better understand and then be able to improve the situation?74 a. Project charter b. Team performance assessments c. Cost baseline d. Statement of work B 00:02 01:22 1. You identified a technical risk in your project and assigned a contingency for that. Planning contingency reserves is part of which risk response strategy?77 a. Active risk mitigation b. Passive risk avoidance c. Passive risk acceptance d. Active risk acceptance D 1. Which concept of locating team members can help them best to enhance their performance as a team?78 a. Co-location b. Cross-functional dispersion c. Virtual e-teams d. Global team dispersion A 1. What is least important when it comes to archiving project records? a. A well-designed records management system b. Integration of the archive with business software c. Updated records reflecting final results d. Easy availability of information for future use B 1. Your project, run for a customer, is coming to an end. The customer has been contractually granted a three years warranty period for the product of the project. What should you do first? a. Hand all relevant documentation over to the organizational unit responsible for handling the warranty. b. There is no additional work to be done. The contract should describe all processes in sufficient detail. c. Changes on the product can affect warranty clauses. Ensure that these clauses are aligned with the final specifications. d. According to many legislations, you cannot formally close a project before the end of the warranty period. C 1. Post-mortem analysis after scheduled finish date of a project shows a CPI of 0.8 and an SPI of 1.25. What is a plausible explanation for that?92 a. The project was terminated early. At that time, it was over budget and ahead of schedule. b. The project has produced additional deliverables which were originally not required. c. The project has evidently been finished under budget and behind of schedule. d. The project has evidently been finished over budget and ahead of schedule. A 1. Which is not a goal in both project management and quality management? a. Prevention over inspection b. Customer satisfaction c. Management responsibility d. Triple constraint D 1. When finishing a project, which factors that influence customer satisfaction the most should you be aware of? 106 a. Attractive price of the project and low running costs of the product b. Friendly project manager and effective after-project service c. Efficiency of the project and skills of the project manager d. Conformance to requirements of the project and fitness for use of the deliverables D 1. You finished your project for a customer to implement a business software solution. All deliverables have been handed over and are already in use by the company. There is a minor last payment to be made by the customer on contract closure. You believe that it is now getting time to finally close the contract with the customer and then administratively close down the project. You approached the customer this morning and found that they are reluctant to finally close the contract. But you do not exactly understand why. What should you not do?110 a. Update all documents related to the project and the product so that they reflect the final specifications and the status of both the project and the product. Organize them in a fashion for easy access. b. Focus on your next project and leave the customer the time to get familiar with the software. They will come back to you anyway after some weeks to terminate the contract and make the last payment. c. Based on the contract and all documents which are relevant for the formal relationship with the customer, write a close-out report describing what was contractually required and what was obtained. d. Make sure that there are no active purchase orders against the contract or any other pending obligations, requests or claims from either party which need to be resolved. Then insist on formal contract closure. B 1. At the end of an internal project, you find several key stakeholders including the sponsor reluctant to finally accept all deliverables and then close the project. What should not be your next step in this situation? a. Identify any open issues and get them solved. Then be firm on formal closure. b. Formally close the project. Stakeholders will find a way by themselves to sort things out. c. Identify and openly discuss personal rationales underlying the reluctance. d. Invite earnest feedback from all sides and try to identify misunderstandings. B 1. When running a project as a project manager, what should you focus on during the executing processes? a. Doing project work b. Coordinating people and resources c. Ensuring accountability for errors d. Avoid third-party influence B