Implementing Project And Program Benefit Management 1st Edition Dolan, Kenn - Solutions

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You have been hired as a contract project manager for Grapevine Vineyards. You have been told to use an agile methodology to develop this project. Grapevine wants you to design an Internet wine club for its customers. You'll need to develop a programming routine for customers to register with
You calculate duration in workdays, and the team does not work on Saturdays or Sundays.How many days is the total duration of this task in workdays?A. 9 days B. 10 days C. 8 days D. 7 days
Activity B on your project schedule starts on Monday, October 3, and ends on Wednesday, October
Which of the following is true for float?A. It's calculated by adding the durations of all tasks and dividing by the number of tasks.B. It's time that you add to the project schedule to provide a buffer or contingency.C. It's the amount of time an activity can be delayed without affecting the
What are the crashing and fast‐track techniques used for?A. Duration compression B. Activity sequencing C. Precedence diagramming D. Task definition
You are working on your network diagram. Activity A is a predecessor to Activity B. Activity B cannot begin until Activity A is completed. What is this telling you?A. There is a mandatory dependency between Activity A and Activity B.B. There is a finish‐to‐start dependency relationship between
You are a project manager for a major movie studio. You need to schedule a shoot in Vail, Colorado during ski season. This is an example of which of the following?A. External dependency B. Finish‐to‐start relationship C. Mandatory dependency D. Discretionary dependency
Your team has already created a WBS for the ABC product launch project. You are kicking off phase II of this project, which is the product Development phase. Which of the following is an example of what might appear in the second level of your project's WBS?A. ABC Product Launch Project B. Project
All of the following are true regarding code of accounts identifiers except for which one?A. They are unique numbers for each component on the WBS.B. They are documented in the WBS dictionary.C. They are tied to the organization's chart of accounts.D. They are assigned to the resources who are
Which of the following is not a benefit of a WBS?A. A WBS is an excellent tool for team building.B. A WBS helps prevents critical work from being overlooked.C. A WBS can become a template for future projects.D. A WBS can be used to describe how the deliverables will be validated.
What is the lowest level of the WBS?A. Work package B. Level 5 C. Milestone D. Activities
Which of the following is a characteristic of a WBS?A. A cost center structure for the project that describes the work of the project and the costs per work component to complete the deliverable B. A deliverables‐oriented chart of the work of the project, with assignments showing the project
Which framework combines teams from different areas in IT to deliver projects faster, provide more reliable systems, and improve collaboration and communication among team members?A. XP B. DevOps C. PRINCE2 D. FDD
This person assists the business analyst in requirements gathering and serves as a translator of sorts between the business and development team. They are responsible for ensuring the technical solution will solve the business problem. What role does this question describe?A. Enterprise architect
You are a project manager for a plumbing supply company and are heading up a project that will replace the current inventory system. You have interviewed stakeholders and gathered their project requirements. Which of the following is true regarding this question?A. The requirements traceability
You are working on a project where the requirements and scope are well‐defined, but you know there will be changes when performing the work of the project. Your stakeholders will need to provide continuous feedback during the development stages of this project. Which of the following are true
Which of the following are true regarding assisting the team in subdividing tasks into the minimum viable product?A. Each iteration will produce enough features to examine whether the product is viable.B. Each iteration will provide an opportunity for feedback on future iterations.C. The minimum
You are using an agile project management methodology to deliver your project. During each iteration, you and the team members are breaking down tasks into tangible components that have enough features and functionality to allow the customer to examine value and provide feedback to the team. Which
Your project team has a solid idea of the requirements for the project up front. Some specific elements of the deliverables are known at this point. Not all deliverables have been completely defined yet. The team would like to start with the known requirements and specific deliverables and then
Which of the following are true regarding the Agile Manifesto?(Choose two.)A. It is concerned with the quality of the deliverable.B. Success is measured in incremental steps.C. The focus is on the value to the customer.D. It measures how efficient the process was performed.E. It is concerned with
Which of the following are characteristics of a waterfall methodology? (Choose three.)A. The results of the work of the project are often not delivered until the end of the project.B. This methodology requires continuous feedback from your stakeholders throughout the project.C. Changes to the
Which agile methodology strongly encourages teams to sit in collocated workspaces and programmers make use of refactoring techniques?A. FDD B. XP C. Scrum D. Kanban
Which of the following agile methodologies are a type of pull system? (Choose two.)A. Kaizen B. AUP C. Lean D. XP E. Scrum F. Kanban
Which of the following agile methodologies describes the seven wastes?A. Scrum B. Six Sigma C. Kaizen D. Kanban
Your sprint is nearing completion. The product owner reminds you they will not accept the deliverable unless it measures 3 centimeters exactly. If the measurements are off, the next sprint will be delayed, and the entire project could be at risk. This is an example of which of the following?A.
There are three primary constraints on most projects. Your customer, or project sponsor, will stipulate which of the three is the most important to them. Which three are the typical constraints found on the majority of projects? (Choose three.)A. Budget B. Team members C. Scope D. Quality E. Time
Which of the following involves changing the project or product scope without considering the impacts it will have to the project schedule, budget, and scope statement?A. Change request B. Scope creep C. Stakeholder/management directive D. Quality deficiency
Which of the following describes influencers?A. Influencers can impact, change, or create a new constraint.B. Scope creep is an example of an influencer.C. Change request is an influencer.D. Interaction between constraints is an example of an influencer.E. All of the above.F. A, B, D.
Which of the following are components of a scope statement?(Choose three.)A. General project approach B. Project description C. Assumptions and constraints D. Exclusions E. Stakeholder list F. High‐level milestones G. Change request process
Which of the following does not describe a constraint?A. The project team is directed to report to the main headquarters for all project meetings.B. The budget is $1.8 million.C. The deadline to complete the project is June 27.D. The project sponsor will remain the sponsor for the duration of the
Greg is a key technical resource for your project. You've worked with Greg on past projects and have identified him as one of the team members who will work on the project. The charter has been published, and there is great excitement about this project. You've scheduled a meeting to talk to Greg's
Identify the items that should not be included in a project charter.(Choose two.)A. High‐level budget B. Project objectives C. High‐level cost–benefit analysis D. Equipment and resources E. Project description F. High‐level list of risks
You have just defined the major events for the project that will be used to determine and measure checkpoints throughout the project and determine whether the project is on time. What are they?A. Deliverables B. Objectives C. Milestones D. Tasks
Your project involves implementing a new human resources system. Certain roles with the human resources department will have differing levels of access. The director of human resources can access all human resources–related data while a recruiting manager may only access applicant data. Which of
This stakeholder analysis tool is most useful on small projects where it's easier to identify the relationship. It's a quadrant that describes how to maintain relationships, including whether you should meet expectations, maintain good relationships, keep stakeholders updated, or keep them engaged
This software system manages the life cycle of these items that starts with creation, use, maintenance, and archival or disposal.A. Enterprise resource planning system B. Customer relationship management system C. Records management system D. Cloud management system
Which of the following is performed once the project charter is signed?A. You should hold a project kickoff meeting.B. You should write the preliminary scope statement.C. You should begin the Planning phase.D. You should develop the project schedule.
Which of the following are true regarding the project baseline?(Choose four.)A. The project baseline is approved by the project manager.B. The project baseline includes the approved project scope.C. The project baseline includes the approved business justification.D. The project baseline includes
Your project team members and key stakeholders are confused about the project you are all working on. What is the most compelling reason for this?A. The problem or need generating the project request was not defined well in the preliminary scope statement.B. The project sponsor has not signed the
The project sponsor (who is also the project champion in this question) provides which of these functions to the project?(Choose three.)A. Preparing the stakeholder matrix B. Marketing the project C. Removing roadblocks D. Preparing the project charter E. Defining the business justification F.
Which of the following does a PMO provide to the overall project management processes? (Choose three.)A. Preliminary scope statement B. Business case C. Tools D. Governance process E. Change control F. Templates
You are using a document from the Discovery phase to help you write a document produced in the Initiating phase. You have documented the objectives of the project as well as the business problem the project is attempting to resolve, which you know are the primary purposes for this document. Which
Your project's objective is to implement a new financial system.Ravi is a key stakeholder on the project. He, along with others from his team, will provide critical input on the functioning of the system. One of the objectives Ravi would like to see is reducing the amount of clicks it takes to
Zack is a key resource for the project. He is responsible for designing the overall technology infrastructure, network, storage, and security for the cloud application the IT team is developing.What type of stakeholder is Zack?A. QA technician B. Developer/engineer C. End user D. Architect
Zoe is a key resource for the project. She has certifications on the PaaS product you are implementing. She will help determine duration estimates, cost estimates, and perform application development. What type of stakeholder is Zoe?A. Tester/QA technician B. SME C. Business analyst D. Architect
You have identified all the key stakeholders on the project. You've listed their names, departments, interests in the project, and level of influence. What have you created? (Choose two.)A. A stakeholder contact list B. A stakeholder register C. An artifact D. A business case with a list of key
Which person is responsible for authorizing the project to begin and for signing the project charter?A. Project sponsor B. Executive in the organization who requested the project C. Program manager D. Project manager
The Initiating phase includes which task?A. Assigning work to project team members B. Sequencing project activities C. Approving a project and authorizing work to begin D. Coordinating resources to complete the project work
Your organization was hacked and PII data was exposed. All of the following are true except which one?A. This is a breach of confidentiality.B. Significant fines could be imposed on the organization as a result of exposing this data.C. This could cause emotional distress to those individuals who
All of the following are examples of secondary storage except which one?A. NAS B. SAN C. Flash drive D. RAM
In the United States, which organization is responsible for publishing rules that control personally identifiable information standards (PII)?A. GDPR B. HIPAA C. EPHI D. NIST
In the multitenant model of cloud computing, providers that offer their services to a variety of customers can utilize which of the following?A. Single‐source computing B. Resource pooling C. Multitiered architecture D. CMS
Your company has decided to use an application that was developed by a cloud provider and hosted on the cloud. The executives like this because someone else is responsible for the development and support of the application. What kind of cloud does this describe?A. XaaS B. IaaS C. SaaS D. PaaS
Who is responsible for documenting the various systems, applications, databases, and other computing infrastructure the company owns?A. Risk management B. Human resources C. The Procurement department D. Information technology
What is the purpose of a data warehouse?A. To bring all the company's unstructured data together in a central location B. To bring various data sources together for the purpose of analysis and decision‐making C. To handle an extremely large data environment D. To separate the data's physical
A user you support has worked for hours on a spreadsheet document. A sudden power outage to the building causes their computer to power down. When the power comes back, they cannot find the spreadsheet they've been working on. Why is this?(Choose two.)A. The user was working on the document in RAM
Suppose that you work for a company that has gone through a rapid growth cycle and now has several one‐off systems for activities like the company's finances, manufacturing, and human resources. The leaders of the company want to have a system that brings these activities together. What kind of
In a multitiered architecture, which tier helps the user interact with the system?A. Presentation B. Processing C. Data D. Application
Suppose that you work for a company that has several campuses located in different locations in the city. Which network will connect them together?A. LAN B. SAN C. WAN D. GAN
Why are you required to stand far back from the pharmacy counter when you are waiting to talk to a customer service person about refilling a prescription?A. It is PHI data and is required by HIPAA.B. It is not a requirement, but it is a good idea in a place where there are so many sick people.C. It
Which of the following is an example of linkable data becoming SPII?A. When the link connects an individual's name to a corporate website B. When an individual's name is linked to their Taxpayer Identification Number (TIN)C. When the IP address of an individual's cable modem is shown D. When an
Which of the following data sources are considered SPII? (Choose two.)A. First name B. Social Security number (SSN)C. City D. Political party E. Driver's license number
A database that consists of tables and relationships can be considered which kind of data?A. Structured B. Unstructured C. Flat D. Unregulated
Your company currently has a large data center that consists of hundreds of servers and a host of enterprise applications such as large databases. Corporate stakeholders want to get away from the costs of maintaining a data center but also want to continue their operations in much the same way as
You work for a company that is growing rapidly. The company's leadership wants to install a system that will allow both current and future customers to interact with the company to learn more about the company's products and to obtain support. What kind of a system will you recommend be
All of the following are true regarding ESG except which one?A. It's imperative the project manager understands ESG as it relates to the project so that regulations, standards, and guidelines are followed.B. S in ESG stands for social.C. Awareness of applicable regulations and standards are an ESG
Which general management skill concerns obtaining mutually acceptable agreements with individuals or groups?A. Leadership B. Problem solving C. Negotiating D. Communicating
Which of the following general management skills consumes up to 90 percent of a project manager's time?A. Programming B. Communicating C. Leading D. Problem solving
Your selection committee is reviewing two projects that will attempt to improve the efficiency of your current procurement process. They have engaged key team members and subject matter experts to compare two projects. This team is charged with analyzing the current process and determining how this
Which of the following are the steps required to validate a project? (Choose two.)A. Analyze the feasibility.B. Justify the project.C. Align it to the strategic plan.D. Create the business case.E. Identify and analyze stakeholders.
Your project has expected cash inflows of $7.8 million in today's dollars. The project's initial investment is $9.2 million. Which of the following is true?A. The discounted cash flows are lower than the initial investment, so this project should be rejected.B. The discounted cash flows are lower
Your project involves implementing a software platform to manage the organization's general ledger, budget, and financial information. The company you have engaged with recommended three implementation firms for you to choose from in helping to configure the system. What is this known as?A.
Which of the following are used as project selection methods?A. Cash flow techniques B. Constrained optimization models C. Expert judgment D. Decision models E. A, D F. A, B, D G. A, B, C, D
Your selection committee has approved a project that requires specialized skills that are not available in the organization. This project has a tight timeline and you are looking for ways to get resources on board as quickly as possible. Which of the following will help you speed up the procurement
You've been given an idea for a project by an executive in your organization. After writing the business case, you submit it to the executive for review. After reading the business case, they determine that the project poses a significant amount of risk to the organization. What do you recommend
Your initial investment was $850,000. What is the payback period?A. 21 months B. 20 months C. 2 years D. 18 months
Your project has projected revenues of $500,000 in year 1 and$700,000 in year
Federico, the director of the marketing department, has approached you with an idea for a project. He has prepared a draft business case and included two alternative solutions. What should this section of the business case contain?A. High‐level description of the costs B. Feasibility of
The idea behind most cash flow techniques is that money today is worth more than money in the future. What is this known as?A. Present value of money B. Future value of money C. Time value of money D. Discounted value of future money
Your selection committee wants to compare the profitability of three projects against each other to determine which should move forward. The projects do not have equal timelines. You are using this formula:(Current Value or Gain from the Investment – Cost of Investment)/ (Cost of the
Your project has expected cash inflows of $1.2 million in year 1,$2 million in year 2, and $4.4 million in year 3, for a total of $7.6 million in today's dollars. Which technique was used to determine this?A. Discounted cash flow B. IRR C. NPV D. Cost‐benefit analysis
Preexisting contracts, prequalified vendors, and project documents such as the scope statement, schedule, risk log, and lessons learned are known as which of the following? (Choose two.)A. Vestige B. Relic C. Historical information D. Artifacts
Your project stakeholder is working on the business case. They ask you for some assistance. You suggest to them that the business case should include which of the following?A. Feasibility study B. Alignment to the strategic plan C. Justification D. Alternative solutions E. All of the above
You receive a request from customer service to purchase and implement a customer management system for the service‐support staff. What type of need or demand does this describe?A. Organizational need B. Market demand C. Legal requirement D. Technological advance
Which of the following make up the life cycle phases according to the CompTIA exam objectives?A. Initiating, Planning, Executing, Closing B. Discovery/Concept, Initiating, Planning, Executing, Closing C. Discovery/Concept, Planning, Executing, Monitoring and Controlling, Closing D. Initiating,
Which of the following are true regarding project portfolios?(Choose two.)A. The independent projects in the portfolio may not have anything in common.B. The programs in the portfolio are related to one another.C. The programs and projects within the portfolio support the strategic goals of the
What is the definition of operations?A. Activities that have a definitive start and end date B. Activities that are ongoing that support the organization's business C. Activities that are unique to the organization and are temporary in nature D. Activities that are time bound
What is the definition of a project? (Choose two.)A. A group of interrelated activities that create a unique benefit to the organization B. A set of processes repeated multiple times to produce the same result C. A temporary endeavor undertaken to create a unique product, service, or result D. A
Discuss how the implementation of three of the approaches could make a significant improvement to the adoption of BRM.
What would be the most difficult aspects of embedding BRM into your organization?
Discuss how the induction of stakeholders can be accomplished.
Provide an example of an emergent benefit and discuss how it was identified and managed.
Figures 10.2 and 10.3 show a situation where benefits are not achieved (identified as the “lost benefits”) as forecast. Provide examples of how this may arise and the options for addressing this situation.
Discuss how, and under what circumstances, the process of reviewing the initiative would trigger each of the other processes in the benefits life cycle.
Discuss the role of the BCMs during this process and how they can influence the achievement of the overall objectives.
Provide an example of “decommissioning obsolete systems” and discuss how it was managed.
Discuss an example of reinforcement activities and the circumstances in which it was recognized that these were necessary.
Consider initiatives within your organization. Discuss the initiative and the establishment of baselines for comparison with future benefits.
Consider a program within your organization or with which you are familiar. What sustainment activities would be required to establish a long-term environment in which the benefits will continue to be realized?
What front-end loading activities could be undertaken in your organization’s program environment?

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Implementing Project And Program Benefit Management 1st Edition Dolan, Kenn - Solutions

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