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Project 1’s payback period is 19 months. Year 1 inflows are $528,000. Year 2 inflows are $39,000 per month, making the total payback period 19 months. Project 2’s payback period is 16 months. Year 1 inflows are $72,000. Year 2 inflows are $45,000 per month, which makes the payback period 16 months.
Select three components of the sender/receiver communication model?
In flow-based Agile, select two questions are teams likely to pose during stand-ups?
What do we need to finish as a team?
Is anyone working on anything that is not on the board?
Your project sponsor has requested you to monitor the project outcome for conformity to standards. You will use the tools and techniques of the Control Quality process to assist accomplish this. You know that these tools can be exploited with which of the following to help identify and address problems related to quality defects?
The project team recently joined in a working session to determine the costs associated with individual activities. To yield a more accurate estimate, they decompose each activity down further into smaller chunks. What estimating technique is the team practicing?
A small sample of your project’s critical path is represented in the following table. Assuming each activity must complete before the next activity can begin, select the late start and late finish date for activity 3?
Late start is 5/29, and late finish is 6/4.
Mike is a seasoned project manager who has been tasked with mentoring Bernard, a junior project manager. During a mentoring session, Mike shares about the importance of regularly monitoring enterprise environmental factors. Bernard shows confusion and asks Mike to explain why he should be concerned with something that is out of his control. What is Mike most likely to reply as the primary cause?
Enterprise environmental factors may positively or negatively affect a project.
A project manager of a large manufacturing company is working on a new system that will decrease the bolt manufacturing process by 30 seconds, saving the company 2 percent in annual operating costs. This project will touch all departments and involve senior leadership. The project manager understands stakeholder engagement will be critical to success and spends time analyzing levels of anticipated engagement. She starts by contemplating the head of logistics, who has not commented on or shows any reactions about the project. The executive was present at a recent briefing where she oversaw the charter. What level of engagement will the project manager record for this stakeholder?
This methodology uses an iterative-based Agile approach. It is a single-team framework that is primarily practiced to manage product development. At the end of each iteration, the team facilitates a meeting to oversee what went well and ideas for improvement. Which methodology does this represent, and what technique is this question reflect to? (Select two.)
A project manager is in the process of building the project team and gaining the materials and supplies the team will need to obtain the project’s planned outcomes. In what activity are they involved?
A project manager recently received agreement to crash the schedule. He started negotiating with the head of development to utilize their most senior Java developer. What project management activity is the project manager displaying?
You have recently transitioned leadership of a project to another project manager and have been mentoring him as he gets up to speed on the project. During a mentoring session, he shares that a senior engineer critical to the project has been disruptive during discussions and has blatantly been violating team ground rules. How should you advise your co-workers?
Address the ground rule violation directly with the engineer as a first step.
You are handling a project using the Crystal methodology. As is customary within your organization, you leverage a communications platform that allows the team to chat, upload and download files, and host meetings virtually. Using this platform, you upload a document and email an electronic link to the team to ask that they review it within two business days. You know that some members of the team are not proactive about downloading key project documents, so you set up time with them to oversee the information. Which of the following statements is correct regarding this scenario?
You are using a combination of methods to communicate with the team.
You work as a project manager for Community Trends, a nonprofit organization. Your project has come about because of a social need. You’re calculating performance measurements, and you know the following information: BAC = 900, ETC = 65, PV = 500, EV = 475, and AC = 425. Which of the following statements is correct?
This project is behind schedule, but costs are lower than planned.
Select the best definition that expliciting knowledge?
Knowledge that can be captured and expressed using words, pictures, and numbers
Which of the following phrase of the Tuckman ladder solves the stage at which the team is the most productive and effective?