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  • in reply to: Project Management Fundamentals Question 7 #2204
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    Keymaster

    The correct answer is C.

    There are many things the project manager can do, but what should be done? The company policies are managed by the project management office, and the project manager should make sure the stakeholders have clear information by sending them directly to the authority on company policies for project management.

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    in reply to: Stakeholder Management Question 5 #2202
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    Correct answer is B.

    Stakeholders have varying levels of responsibility and authority when participating on the project. This level can change over the course of the project’s life cycle.

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    in reply to: Procurement Management Question 5 #2200
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    The correct answer is D.

    The best answer is D. Many people will select choice A, because, although they have learned from a textbook what a bidder conference is, they have never been there, and do not realize that the BEST thing is to make sure the sellers ask all their questions. Project managers should know that a seller’s competition (other sellers) will be in attendance, and sellers may not want to ask a question that gives away their edge to their competitors. If sellers? questions are not asked, it creates a risk of receiving less complete proposals from those sellers. That would make the procurement riskier. Without receiving and responding to the sellers’ questions, the buyer may make incorrect assumptions, and will be making decisions without all the facts.

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    in reply to: Quality Management Question 6 #2198
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    The correct answer is C.

    Choice A does not follow the rule to protect the best interests of the customer. Choice B does not solve the problem. Choice D will cause a default of contract. Although the deliverable meets the contractual requirements, it is best to bring the problem to the customer’s attention (choice C) so an option that does no harm can be found.

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    in reply to: Schedule Management Question 3 #2196
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    Keymaster

    The correct answer is C.

    Path 1 – Start 1, 2, 3, End
    Path 2 – Start, 1, 2, 5, End
    Path 3 – Start 1, 4, 5, End

    Path 1 would take 4 + 8 + 5 days or 17 days to complete.
    Path 2 would take 4 + 8 + 3 days or 15 days to complete.
    Path 3 would take 4 + 8 + 3 days or 15 days to complete.
    Therefore, Path 1 is critical path

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    in reply to: Scope Management Question 6 #2193
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    The correct answer is B.

    The project manager should validate with the customer that the change will add value, and then follow the change process.

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    in reply to: Resource Management Question 6 #2191
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    The correct answer is A.

    First action would be to find out whether working with family members is a common practice in that country (choice A), as there is nothing inherently illegal in this activity. Then, you would review qualifications (choice B). Choices C and D may not be necessary after choices A and B are done.

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    in reply to: Communication Management Question 4 #2188
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    The correct answer is A.

    It seems like all of these are good ideas, but choice A helps discover errors and changes, and could therefore be considered the best choice.

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    in reply to: Cost Management Question 5 #2180
    admin
    Keymaster

    The correct answer is C.

    This question is full of choices that are not correct project management actions. If you picked the wrong answer, look again at the choices and try to determine what you are missing. Whatever it is, it will show up more than once on the real exam!
    To answer the question, you must first realize that it is never appropriate for a project manager to just cut estimates across the board (choice B). The project manager should have created an estimate with realistic work package estimates that do not include padding. Then, if costs must be decreased, the project manager can look to cut quality, decrease risk, cut scope, or use cheaper resources (and at the same time closely monitoring the impact of changes on the project schedule).
    One of the worst things a project manager can do is to start a project knowing that the time or cost for the project is unrealistic. Therefore, choice A cannot be best. Notice that choice D suggests adding additional resources. That would cost more. Choice C involves evaluating, looking for alternatives, and then going to the sponsor to tell him the impact of the cost cutting.

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    in reply to: Risk Management Question 8 #2070
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    The correct answer is D.

    The question asks for the “appropriate” risk response strategy. The risk described is of such magnitude that choice A would not have enough of a clear effect on the risk. Choice B might decrease cost risk but not other types of risks. You might still have deaths. Classroom training, choice C, might also reduce the probability of the risk occurring, but it is not the best or most appropriate choice. Because of the company’s safety record and the impact of the risk, choice D is the only appropriate choice.

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    in reply to: Integration Management Question 6 #2067
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    The correct answer is B.

    Choice B looks at the impact of one change on other project constraints.

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    in reply to: Project Management Fundamentals Question 6 #2064
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    The correct answer is B.

    The PMO determines whether a project supports the organization’s strategic plan and can authorize exceptions to projects not linked to the strategic plan.

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    in reply to: Stakeholder Management Question 4 #2045
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    Correct answer is D.
    Functional managers head a function: Human Resources, Finance, Accounting, or Procurement, etc. Functional managers provide expert judgment, resources, and other services for the success of the project.

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    in reply to: Procurement Management Question 4 #2042
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    The correct answer is C.

    This is a large effort. No procurement statement of work can be developed, and expertise cannot be found internally. CPIF would be an incentive to the vendor to perform on or ahead of schedule.

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    in reply to: Quality Management Question 5 #2040
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    The correct answer is C.

    Choice A is not productive since it does not solve the problem. An analogous estimate (choice B) looks at past history of other projects. This would not be appropriate to determine how the current project is going. The quality management plan (choice D) does not provide results. Perform Quality Assurance (choice C) helps to determine if the project will satisfy the relevant quality standards.

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