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Question:

What action should Sally take to the situation?

A Perform data analysis to determine what corrective action may be taken to get back on track with the plan.
explanation

When performing activities relating to controlling resources, data analysis may be used to evaluate what alternatives exist to completing activities with resources, such as alternate resources. Data analysis also includes performing cost-benefit analysis, performance reviews, and trend analysis.

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Related Questions

A project manager has organized his project in a way that will allow for the planning of the project to happen during the early stage of the life cycle, with minimal changes thereafter. This approach is referred to which development life cycle?

Predictive

In a predictive life cycle, the project’s scope, time, and cost are determined during the early phases of the project, meaning that the majority of planning occurs up front. Changes are closely managed following a change control process.

Which of the following is one of the most important criteria in evaluating the responses to your proposal?

Determining whether the vendor has a clear understanding of what you’re asking them to do 

One of the most important criteria for evaluating sellers is to determine whether they have a clear understanding of what you’re asking them to do or perform. Information such as past performance, financial records, and predetermined performance criteria are also important, but only after you are sure they have a clear understanding of what you’re asking them to do.

Which of the following values refers to the value of the work planned to be finished?

Planned value

Planned value is the authorized budget assigned to the scheduled work; in other words, it refers to the value of the work to be completed.

The activity that Julie performs with the team is?

Backlog refinement

Backlog refinement, also referred to as backlog grooming, is where the product owner works with the team to ensure that the stories are prepped and ready for the upcoming iteration. Stories should be clear enough for the team to understand the work, and they should be appropriately sized relative to each other.

What way is Yasmin practicing to manage the project?

Waterfall

Yasmin is using a Waterfall approach, which involves a greater level of up-front planning during the early stages of the project life cycle. In this approach, changes to requirements tend to follow a change control process.

All of the following are Agile and Lean frameworks except?

Waterfall

Waterfall is a methodology that follows a predictive life cycle. While there are many Agile and Lean frameworks, the Agile Practice Guide addresses the following: Scrum, eXtreme Programming, Kanban Method, Crystal Methods, Scrumban, Feature-Driven Development, Dynamic Systems Development Method, and Agile Unified Process.

What document can Brad reference to know whether this falls within the allowable threshold for budget overages?  

Cost management plan 

The cost management plan contains the approved approach for determining the budget, managing it, and controlling it. It also captures additional key details, such as the rules of performance measurement, control thresholds, units of measure and levels of precision used, and so on.

Choose the process that does not belong to the Project Integration Management Knowledge Area?

Identify Stakeholders

Identify Stakeholders belongs to the Project Stakeholder Management Knowledge Area. The Project Integration Management Knowledge Area contains the following processes: Develop Project Charter, Develop Project Management Plan, Direct and Manage Project Work, Manage Project Knowledge, Monitor and Control Project Work, Perform Integrated Changed Control, and Close Project or Phase.

How is the project presenting in terms of the budget?

It is under the planned cost.

To determine performance against the budget, you must first calculate variance at completion. To calculate variance at completion, subtract the estimate at completion from the budget at completion (BAC – EAC): $550,000 – $525,000 = $25,000. A positive VAC means that the project is performing under the planned costs.

Choose the correct statements (Select 2)

You’ve determined a quantitative estimate of the cost to the organization to perform the activities of the project.

You should use purchase price as the sole criterion for choosing among vendors when you have multiple qualified sellers from which to choose.    

The procurement SOW can be prepared by progressively elaborated throughout the procurement processes and will likely change prior to the contract award. 

You work as the project manager for Ooh La Beauty Products. Your project is  developing a new line of bath products. You also serve on the change control board, which has just accepted a scope change. You know that which of the following statements are correct? (Select three.)  

Scope changes include modifications to the agreed-upon WBS. 

Scope changes could result in schedule revisions. 

Scope changes should be reflected in the product scope.

Scope changes might affect the schedule, cost, quality, and other processes and should be thoroughly integrated with all the Monitoring and Controlling processes. Scope changes may reduce the project requirements and thus reduce the number or hours needed to complete the project. This, in turn, could cause a reduction in the project budget.

If the functional manager succeeds in reallocating the resources, what type of ending will the project experience?

Integration

Integration occurs when the resources of the project are distributed to other areas in the organization or are assigned to other projects. In this case, the functional manager is reassigning resources to another project.

Which of the following is the right expected total cost at completion, given this circumstance?

850

Since EAC is based on actual costs to date and assuming ETC work will be completed at the budgeted rate, the equation to use for EAC is EAC = AC + (BAC – EV). In this case, your formula looks like this: $425 + ($900 – $475) = $850.

Which of the following you might do in this situation?

Develop a mitigation plan for installation and setup

You should develop a mitigation plan for installation and setup to reduce the probability and/or impact of this risk on the project. Option "Develop a shared response strategy" is not correct because the sharing response strategy is a strategy for positive risks. This is a negative risk to the project.