A company is transitioning projects from a predictive to an agile approach. The CFO is concerned that one of the agile projects has an important feature for the financial department that is being delayed for a later iteration. What should the project manager do to clarify the situation?
A. Create an executive board to review the product backlog and replan the next iterations.A project manager is assigned to a project that will improve the business operations for a trading firm. The project team has just completed the discovery phase and needs to make a presentation to the business team in 4 weeks to showcase the feasibility of the solution.
How should the project manager advise the team to proceed?
A. Develop a conceptual framework.In the past year, a company paid US$60,000 to an external subcontractor for an ongoing project. The project manager has been asked to evaluate if the project can be delivered more cost effectively this year by using internal labor. The project manager used an optimistic term of 4 months, a pessimistic term of 6 months, and a most expected term of 5 months, and has concluded that the service can be delivered with the following resources:
Two engineers (monthly salary of US$700 each) One project manager (monthly salary of US$1,600) Additional estimated monthly expenses of US$2,000
The project manager used the program evaluation and review technique (PERT) to calculate the savings if the project is delivered with in-house resources. How much money will the project manager estimate the company can save?
A. US$35,000A project manager resigned from a recently approved project. A new project manager has been assigned to the project and needs to determine the delegated authority. What should the new project manager do next?
A. Refer to the project charterAn agile project manager would like to convert the requirements document into epics, capabilities, features and stories. In how many iterations should the project manager estimate the story duration?
A. Four iterationsDuring a retrospective meeting a project manager hears that stakeholders have been constantly complaining at iteration demos about product features not being delivered as requested. What advice should the project manager give to the Product owner to ensure that product features are always delivered as requested?
A. Include stakeholders during daily standup meetings to monitor progress.During the initial phase of a construction project, the team is confused about the safety requirements it needs to consider during implementation. The project manager recently met with the client to define the project scope.
How should the project manager share this information?
A. Meet with the team and present the scope of the safety requirements.A project is in its fourth iteration out of eight, with a delivery performance of 95%. A project stakeholder asks the project manager about the status of a specific deliverable that is not visible in the status report.
What should the project manager do?
A. Invite the stakeholder to the next iteration review.During the execution of a financial project, a project manager met with the project team weekly to evaluate the project's progress. However, the sponsor requests that project performance be checked daily. The key team members disagree with this requirement and argue that they do not have enough time to go to daily meetings because they are at an executive level.
What should the project manager do first?
A. Negotiate with the key team members to send a daily report and let the sponsor know that the project cost will increase. tyDuring the implementation phase of a project, a new regulation affects the project, and a critical status meeting discussing the scope changes is required. The project manager discovers that a key stakeholder cannot attend the scheduled meeting.
What should the project manager do?
A. Call for a change control board (CCB) meeting, and inform the stakeholder about the outcomeNowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only PMI exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your PMP exam preparations and PMI certification application, do not hesitate to visit our Vcedump.com to find your solutions here.