What development life cycle is Nicolas practicing on the project?

A Iterative

explanation

There are four development life cycles: predictive, iterative, incremental, and hybrid. The iterative development life cycle defines project deliverables early in the development life cycle and progressively elaborates them as the project or life cycle progresses.

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Your project evaluations have come in as follows: Most Likely is 100 days, Pessimistic is 250 days, Optimistic is 75 days. What is the expected value of this calculation?

120.83 days

Expected value is calculated as follows: (Optimistic + Pessimistic + (4 × Most Likely)) ÷ 6. The formula is as follows: ($75 + $250 + (4 × $100)) ÷ 6 = $120.83.

The Big Mouth grocery food chain is planning to modernize their IT department by creating a new bar coding system that will allow them to keep their shelves stocked more efficiently by exploiting the Just in Time strategy. But, during the project chartering phase the project manager explained to them that in order to execute the Just in Time strategy, a company must have a high level of:

Quality

With the Just in Time strategy, inventory costs are brought in just as they are needed. But to implement this type of strategy, a company must be highly efficient and have a high focus on quality, or the strategy won’t work, and the goods will arrive either too early or too late.

Your project selection committee is estimating three projects. They are using a weighted scoring scheme that has three criteria: decrease training time, streamline customer support functions, and return on investment. The weights for these criteria are 5, 4, and 2, respectively. Your selection committee has completed scoring the three projects and has given you the scores for the three criteria. They are as in the figure. Which project should you select based on the scores from the weighted scoring model?

Project 1

Weighted scoring models use the weight of the criteria multiplied by the score to derive an overall score. Project 1’s score is 47, Project 2’s score is 45, and Project 3’s score is 42. Based on this information, Project 1 is the best choice.

You are the project manager for Ooh La La Beauty Products. Your project concerns creating a new line of bath products. A quality inspection of one of the new products releases that the product is nonconforming. Which of the following lead in conforming or nonconforming measurements?

Attributes sampling

Attributes sampling is an inspection measurement technique with only two possibilities: conforming or nonconforming. In other words, the measurements conform (meet the requirement), or they do not conform. This can also be considered a pass/fail or go/no-go decision.

The next step (5) is:

Verifying the degree of decomposition

According to the PMBOK® Guide, decomposition of the total project work into work packages involves the following five steps: 1) identifying and analyzing the deliverables, 2) structuring and organizing the WBS, 3) decomposing the WBS into lower-level components, 4) developing and assigning the identification codes, and 5) verifying the degree of decomposition of the deliverables.

All of the following represent values solved in the Code of Ethics and Professional Conduct, except for which one?

Honor

According to the Code of Ethics and Professional Conduct, project management practitioners should adhere to the following four values: responsibility, respect, fairness, and honesty.

A project manager is applying a hybrid approach to manage his project. He discusses with the project’s sponsor to update him on progress achieved to date. To aid the discussion, the project manager represents a chart that visually shows how much work remains versus how much time is left for the project. What is the project manager performing?

A burndown chart

A burndown chart shows how much work remains versus how much time is left within a timebox. Examples of timebox include time remaining for the current or a future iteration, or it may reflect time remaining for the project.

While performing activities connected to controlling project and product scope, a project manager discovers scope creep. Select the action which the project manager is likely to do next to take corrective action.

Submit a change request and analyze the impact

The project manager will need to analyze the impact of the scope change and what options exist, such as whether to undo what has been completed, or analyze whether the scope change should be approved. This should occur through the formal change control process via a change request.

Who is responsible for taking over changes within a project?

Project manager

The project manager is responsible for ensuring that changes are managed properly throughout the project’s life cycle and that the organization’s change control policies are followed.

The project phases together constitute which of the following?

Project life cycle

The collective phases a project progresses through are known as the project life cycle.

What process is she currently doing?

Manage Team

Rianna is currently performing the Manage Team process. This process is concerned with tracking team member performance, providing feedback, resolving issues, and managing team changes to optimize project performance.