PMP Question of the Week: Estimate Duration

March 16, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

You, the project manager, and your new, inexperienced project team are preparing initial activity duration estimates for a network upgrade project. You are relying on the team to provide the estimates because this project is not new to the enterprise. Which of the following tools and techniques should the project team use to estimate duration for this project?

PMP Question of the Week: Qualitative Risk Analysis

March 9, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

The project manager and several team members have worked together on two previous projects that ended unsuccessfully. The team is now performing qualitative risk analysis to review and rank over 100 possible risks for the next project. Which approach to qualitative risk analysis should they take?

PMP Question of the Week: Risk Strategies

March 2, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

A real estate company wants to produce detailed maps of local communities to provide prospective customers with more information. The company has the software to produce the maps,however, it does not have a printer to print the maps. The company must decide to either purchase a new, expensive printer to produce the maps in-house or to send the map files to a local printer. Sending the files to a local printer would be an example of which of the following risk strategies?

PMP Question of the Week: Statement of Work

February 23, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

You are putting together a statement of work (SOW) to be included in a signed agreement with a seller. Which of the following statements about this SOW is false?

PMP Question of the Week: Estimate at Completion

February 16, 2015 Guest Authors Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

Your project is over budget, behind schedule, and has a constrained project finish date. What is the best Estimate at Completion (EAC) formula to use?