Question: 1
You are the Project Manager and are currently in the monitoring process group. You and your team are trying to determine whether or not a process is stable or has predictable performance, and if the project management processes are in control. What tool will help with this?
Question: 2
You have just joined a new organization as a project manager. The new organization has a policy that any project changes that increase the budget by more than $100,000 should be signed off by the project management office. You have a change that was requested by the customer that will increase the budget by $150,000; however, the customer has offered to pay for all of this change and does not want to slow it down. As a Project Manager, What should you do next?
Question: 3
You are managing a construction project. You have included the measurable project objectives and related success criteria in the Quality Management Plan. While reviewing your plan, the project sponsor asks you to reconsider this. You then realize that what you did is incorrect. Where should you place the measurable project objectives and related success criteria?
Question: 4
You work as a project manager for a construction project. During the implementation phase, one of your project team members tells you that a hurricane is likely to happen and will affect the equipment of your project. So, you have decided to take out an insurance policy to cover your project risks in case if the hurricane occurs. However, buying insurance will cost your company $200,000. This is an example of:
Question: 5
ZULFI is the Project Manager of a new product development project- His team is getting the project deliverables accepted as per the specified project acceptance criteria. Why does the team need acceptance criteria for the project's final deliverables?
