WorksheetsNovember W-2 III
Total questions: 15
Worksheet time: 15mins
Name
Class
Date
1.
During the implementation phase of a construction project, a key supplier went bankrupt and cannot supply the contracted material. This issue could affect the project schedule What should the project manager do first?
a)
Update the issue log and act to minimize the impact
b)
Add the risk and the delay to the risk register
c)
Update the schedule to include the delay
d)
Escalate to the management team for delay approval
2.
The CEO has authorized the development of a complex financial product for a company to provide greater future benefits. The budget has been acquired through financing with global investors who expect all risks to be identified as soon as possible What should the project manager use to identify the risks?
a)
A risk value assessment
b)
Strengths, weaknesses, opportunities, and threats (SWOT) analysis
c)
An analysis of shared risks between parties
d)
Expert judgment
3.
A project manager finds an unexpected issue halfway through a customer's protect After analysis the project team determines that the issue will affect the timeline unless more resources are allocated to the project. What should the project manager do?
a)
Inform the customer of the issue and discuss the options so that they are able to make a decision on cost versus timeline
b)
Meet with the project team to discuss internally whether they think cost is more important to the customer than the timeline
c)
Absorb the additional cost for the additional resources internally so that the project completes within the timeline
d)
Adjust the timeline since in the past the customer would not pay any additional costs then inform the customer of the change
4.
Two learn members are consistently having misunderstandings and find it difficult to work together. How should the project manager handle this situation?
a)
Remove one of the team members
b)
Train the team members on communication techniques and interpersonal behavior
c)
Identify the issues between the team members and guide them toward a resolution
d)
Warn the team members about their behavior
5.
A team has been struggling with various issues during the course of an iteration. The project lead facilitates a discussion of the issues and the team forms new team agreements. During the next iteration, some of the same issues appear again What should the project lead do next?
a)
Notify senior management of the issues and have them review the importance of agreements with the team
b)
Post the agreements in a conspicuous place where all of the team members can see them.
c)
Challenge the team to determine if the issues surfaced again because agreements were not followed
d)
Let the team self-organize and determine the best means to prevent the issues from occurring again
6.
A project manager is hired by a global company. The project manager is an agile specialist and is tasked with supporting the project team to reduce rework and dissatisfaction. How should the project manager address these objectives?
a)
Adopt an incremental cycle of delivering value to the customer
b)
Decrease the scope of the portfolio and send new solutions to the customer
c)
Prepare deliveries with more details to satisfy the customer
d)
. Deliver a schedule with the portfolio timeline and delivery to the customer.
7.
A project manager is approaching the end of a project, and several tasks are now practically complete and ready for handover to the client How should the project manager proceed?
a)
Update the quality management plan for the overall project
b)
Update the communications management plan for the overall project
c)
Ask the client to verify and accept the tasks that have been completed
d)
Close out the project tasks that have been completed
8.
A project scope was developed with numerous assumptions. During the execution phase, the assumptions changed, which has jeopardized the planned business value of the project. What should the project manager do next?
a)
Update the assumptions log and change log, and implement the change control process
b)
Deliver what was planned in the project management document according to the specifications.
c)
Inform the client that the project cannot meet the project timeline and additional costs will be incurred
d)
Report on the changed assumptions to the project sponsor and seek support to prioritize the change requests
9.
A project manager and a stakeholder have different opinions on the budget estimates for a project that is being initiated based on a new consumer privacy law. What would be a reason for this difference in opinion?
a)
Relative estimation by the team resulted in two estimates
b)
Organizational assets were not available to back the rationale
c)
The use of the Monte Carlo method can result in different estimations
d)
The communications management plan was not used by all stakeholders
10.
During the third iteration, the team encounters a major delay that has not had significant improvements over the last few weeks What should the project manager do?
a)
Request additional team members to help with improvements
b)
Incorporate a predictive approach for this element
c)
Retrospect frequently and suggest improvements
d)
Implement mitigation strategies for this element
11.
A business stakeholder for a project is reluctant to accept an agile approach due to a previous bad experience, and is pushing for a predictive approach. What strategy should the project manager use to persuade the stakeholder to use an agile approach?
a)
Agree on a predictive approach, but apply agile concepts under the project management umbrella
b)
Ensure the stakeholder that an agile approach will deliver all of the expected results in a shorter period of time
c)
Document the request and escalate to upper management to consider a modification of the project charter
d)
Propose a phased project approach with multiple small interactions and build trust with the stakeholder through frequent value delivery
12.
A project manager is assigned to a technical research project. The project team has already been assigned, and the main subject matter expert (SME) sends the project manager a list of the technical skills required for the execution of this project. What should the project manager do next?
a)
Discuss the list with the project sponsor to confirm that the resources have the required skills
b)
Send the list to the project team and ask them to get training on the required skills.
c)
Ask the functional manager to review the resource pool and recommend the right individuals to join the team
d)
Meet with the project team to understand their skills and identify potential gaps and training requirements
13.
A project manager receives information in preparation for reporting the project's monthly performance to the project steering committee, * Actual progress = 2 units * Planned progress = 3 units * Actual cost (AC) = 2 units * Budgeted cost = 3 units What statement should the project manager make to the project steering committee?
a)
The project is currently behind schedule but is under the planned expenditure, and the project manager is pleased to declare a project cost savings
b)
The project is currently behind schedule with a corresponding lower cost, and every effort is being made to expedite the delayed activities
c)
The project is currently behind schedule but at a lower cost, and an application for a time and budget extension will be submitted
d)
The project is currently behind schedule with a corresponding cost savings, and no further actions should be taken
14.
A project manager has been assigned to manage multiple agile project teams. The project manager wants to empower the teams and make them self-organizing. What should the project manager do to create a positive environment?
a)
Copy the ground rules established by another project and provide them to the teams
b)
Help the teams in establishing and adhering to their ground rules and revisit after regular intervals
c)
Establish the team ground rules and share them with the team for strict adherence.
d)
Extract the organization's policies and processes, customize them, and give them to the teams to adhere to
15.
A project manager is managing a project which has a very complex and long execution period Although the project is mostly predictive, the team was able to break the design and execution into smaller packages using a hybrid framework The business wants to keep track of the value delivered by this framework application but there is no defined set of measurable items for the framework. What should the project manager do first?
a)
Research which templates of reports were used the most for this framework and incorporate them into the project
b)
Use the same benefits tracking process from the last predictive project and add this to the monthly status report
c)
Create a report based on the work breakdown structure (WBS) and update it on a regular basis
d)
Work with the stakeholders to determine which measurable benefits can be tracked and assign an accountable person to monitor and report them
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