Tag: pmp exam prep

You have just been hired by an accounting firm to manage a project to upgrade the company’s billing system. The previous project manager has managed the project since its inception and dutifully collected weekly activity reports from all team members. In reviewing the reports, you notice that CV = –$1,938, CPI = 0.74, AC = $8,338, EV = 6,400, ETC = $32,658, and BAC is $36,000. As the new project manager, you are preparing a report for your first presentation to senior management. What is the EAC you will report if past assumptions are flawed?

The team has identified the risk of delayed completion of technical deliverables due to the use of multiple vendors. Missing several project schedule deadlines is an example of a what?

Your project—building a barbed-wire fence around a factory—is undergoing a formal halfway point audit review by your organization’s accounting department. Right at the beginning of the session, one of the accountants publicly berates you for overrunning your budget. You were to spend $250,000 by this time, and you’ve actually spent $300,000. Which of the following should be your reaction?

You are new to XYZ Corporation and have been named the project manager of Very Important Project. On this project, you have a team member who is unproductive and for whom you need to provide feedback for performance improvement. To do this, you coordinate a coaching session with the employee by going through that employee’s functional manager. In which organizational environment are you operating?

It has been discovered that the Director of Accounts Payable in your company has been redirecting funds from new projects to help an adult son escape financial difficulties. Your executives are very apprehensive because this director has a highly successful track record in financing successful new product rollouts key to the organization’s market survival. Which of the following would best illustrate a transfer strategy during the Plan Risk Responses process?