A project manager is managing a project that has a new sponsor who is cutting the budget. As a servant leader, how should the project manager handle the budget cuts with the team?
A. Notify the project sponsor that the budget reduction will require a schedule slip and scope reduction.
B. Inform each team member that they must release a portion of their budget but must remain on schedule with no change to the scope.
C. Meet with the schedule coordinator and financial analyst to tell them which budget lines to reduce and where to release slack.
D. Collaborate with the team to assess the impact of the change on the project and recommend an updated project plan.
A company has undertaken a large transformation project in preparation for the changing economy. During the planning of the transformation project, the key resource from human resources (HR) refuses to approve the proposed project plan. What should the project manager do to gain an understanding of the cause for the resource's refusal?
A. Speak directly with the resource.
B. Communicate with their supervisor.
C. Organize a team meeting.
D. Speak with their colleague.
A project manager identifies a risk that has a high probability of occurring. How should the project manager manage this risk?
A. Submit a change request to transfer the risk to a third party in case it becomes an issue.
B. Remove the user stories associated to that risk and avoid the impact to the project deliverables.
C. Assign a qualified team member to be the risk manager for the project.
D. Ask the team to monitor the risk and provide an alert if it becomes an issue.
The current incremental revenue expected by a project deliverable is not fulfilling the business case requirement. The deliverable was already closed and handed over to the operations team.
Which two actions should the project manager take? (Choose two)
A. Review the issue with project sponsor and submit a change request.
B. Report the issue to the product manager and business segments.
C. Analyze the business benefits criteria and assumptions.
D. Discuss the issue with the operations team to assess expense overruns.
E. Schedule a project review meeting to analyze the root cause.
A project manager is newly appointed to an ongoing project that will develop a new solution using an affiliate of the company. The deploying resources will come from another entity of the company. When asked to confirm the availability of the deploying team, the deploying manager declined.
What should the project manager do first?
A. Reschedule the project taking this new information into account.
B. Refer to the project's resource management plan.
C. Ask the project sponsor for external resources.
D. Create a change request to be validated by the project sponsor.
A project manager wants to ensure that the project acceptance criteria are met for all project deliverables. What should the project manager do to accomplish this?
A. Schedule regular meetings with project stakeholders to make sure they are satisfied.
B. Include project stakeholder expectations and needs while creating project acceptance criteria.
C. Create a statement of work (SOW) and ensure it remains unchanged during the project life cycle.
D. Discuss project acceptance criteria with the project sponsor before the execution phase.
A project manager is about to start the testing phase of a new project. Historical data shows there is a high risk of failing to meet the agreed-upon acceptance criteria. How should the project manager ensure the acceptance criteria are met?
A. Perform tests and routinely track results as per the quality management plan.
B. Make sure the stakeholders are aware of the acceptance criteria.
C. Negotiate to obtain approval if most of the tests have passed.
D. Modify the acceptance criteria before the official delivery.
The investment committee is the authority for approving the funding required for a business improvement project. The committee approved funding to complete the preliminary feasibility study. The project is on an expedited schedule, and the project manager requires interim funding to continue with the preliminary feasibility activities that must commence immediately.
How should the project manager get these funds approved?
A. Wait until the next investment committee meeting to submit the request and include the delay in the schedule due to work that could not start.
B. Continue with the preliminary activities and inform the investment committee at the next monthly meeting.
C. Exclude the preliminary scope from the full project scope and continue it as a new project that does not require investment committee approval.
D. Submit the request to the project director for interim approval and include this approval for discussion at the next investment committee meeting.
A project manager is managing a technical project that requires intensive documentation as part of the key deliverables. In a project review meeting, a key stakeholder reports that the latest documentation provided by the project manager includes a reference to unrelated products.
What should the project manager do?
A. Ask the project management office (PMO) to support and review all deliverables.
B. Log the issue in the risk register and the issue log.
C. Assign a technical writer to the project.
D. Develop a standard for document quality control.
A project manager has been assigned to a hybrid project. The project manager needs to ensure all team members are collaborating and are aware of the project's ongoing changes. What should the project manager do?
A. Send out daily emails with the project status and task lists to all team members.
B. Meet daily with the project team and include a monthly report on the risks and issues.
C. Distribute a project newsletter that includes any project changes and required project information.
D. Encourage collaboration on a daily basis, facilitating different communication channels.
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