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| Section | Weight | Objectives |
|---|---|---|
| Tools and Documentation | 19% | - Project Management Tools
|
| Project Life Cycle Phases | 30% | - Executing
|
| Project Management Concepts | 33% | - Given a scenario, apply the appropriate project management methodology
|
| Basics of IT and Governance | 18% | - IT Basics
|
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NEW QUESTION # 392
A project manager and team are reviewing a task that is supposed to take nine days to complete and cost
$3,000. There is a 20% chance that an associated risk related to changing requirements could occur, resulting in rework that would add an additional five days and $1,000 in costs. Which of the following represents the total amount that should be budgeted for the task?
Answer: C
Explanation:
The total amount that should be budgeted for the task is calculated by adding the expected value of the risk to the original estimate. The expected value of the risk is the product of the probability and the impact of the risk.
In this case, the expected value of the risk is 0.2 x (5 days and $1,000) = 1 day and $200. Therefore, the total amount that should be budgeted for the task is 9 days and $3,000 + 1 day and $200 = 10 days and $3,2001.
NEW QUESTION # 393
Due to multiple changes, the sign-off for the project scope baseline is delayed. The project sponsor has
restricted the budget for this project. Which of the following should the project manager MOST likely do to
move forward?
Answer: D
Explanation:
The project manager should communicate with the affected stakeholders first after realizing that the sign-off
for the project scope baseline is delayed due to multiple changes and that the budget for this project is
restricted by the project sponsor. The affected stakeholders are those who have an interest or influence on the
project and may be impacted by any changes or delays. Communicating with them can help to explain the
situation, assess the impact, seek feedback, and manage expectations.
NEW QUESTION # 394
A lessons-learned meeting took more than two hours and ended without defining a standardized process. The project manager decides to move forward without allowing changes to the existing process. Which of the following techniques is the project manager using?
Answer: C
Explanation:
Forcing is a conflict resolution technique where the project manager makes a decision unilaterally, without seeking consensus. According to CompTIA Project+, forcing may be used when time is critical, and decisions need to be made promptly.
NEW QUESTION # 395
During the execution phase, a new PM was assigned to a project. The PM received a request to add new functionality to the system that is being developed. While the PM was conducting a preliminary review with the team, the technical lead highlighted that this functionality request was rejected during the planning phase. Which of the following documents is the best source for the PM to use to confirm this assertion?
Answer: B
Explanation:
A change log is a document that records and tracks the changes that are made to the project scope, schedule, budget, or quality. It helps the project manager to monitor and control the project performance and ensure that the changes are aligned with the project objectives and stakeholders' expectations. A change log can also include information such as the change description, impact, status, approval, and date. A change log is the best source for the PM to use to confirm the assertion that the functionality request was rejected during the planning phase, as it would show the details and reasons for the rejection12.
NEW QUESTION # 396
A project manager and team are currently in the planning phase of a project. Which of the following should the team do during this phase?
Answer: A
Explanation:
The project manager and team should review assumptions and constraints for input to the risk register during the planning phase of a project. Assumptions are statements that are considered to be true for the purpose of planning, but may or may not be valid in reality. Constraints are factors that limit the project scope, time, cost, quality, or resources. Both assumptions and constraints can introduce risks to the project, which are uncertain events or conditions that can have a positive or negative impact on the project objectives. The risk register is a document that records the identified risks, their causes, impacts, probabilities, responses, owners, and status. Reviewing assumptions and constraints can help the project manager and team identify, analyze, prioritize, and plan for the potential risks that may affect the project12.
The other options are not the correct activities that the team should do during the planning phase of a project. Identifying and assessing stakeholders (option A) is an activity that is done during the initiating phase of a project, not the planning phase. Stakeholders are individuals or groups that have an interest or influence in the project, and their identification and assessment is important to define the project scope, objectives, and success criteria, and to establish a communication plan12. Holding daily status meetings (option B) is an activity that is done during the executing and monitoring and controlling phases of a project, not the planning phase. Daily status meetings are short and frequent meetings where the project team members report on their progress, issues, and plans for the next day. Daily status meetings can help the project manager track the project performance, resolve problems, and communicate updates12. Removing access and planning the project sign-off (option C) is an activity that is done during the closing phase of a project, not the planning phase. Removing access is a security measure to ensure that the project resources do not have access to the project systems, data, or assets after the project is completed. Planning the project sign-off is a process to obtain the formal acceptance and approval of the project deliverables from the stakeholders and customers12.
NEW QUESTION # 397
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