Question: 1. Once signed, a contract is legally binding unless: Select one: a. One party is unable to perform. b. One party is unable to finance

1.

Once signed, a contract is legally binding unless:

Select one:

a. One party is unable to perform.

b. One party is unable to finance its part of the work.

c. It is in violation of applicable law.

d. It is declared null and void by either partys legal counsel.

2.

You are a project manager for one of many projects in a large and important program. At a high-level status meeting, you note that another project manager has reported his project on schedule. Looking back on your project over the last few weeks, you remember many deliverables from the other project that arrived late. What should you do?

Select one:

a. Meet with the program manager.

b. Develop a risk control plan.

c. Discuss the issue with your boss.

d. Meet with the other project manager.

3.

A project manager is being considered for a complex project that will deal exclusively with global virtual teams. He only has experience with local teams. What should he do when discussing the opportunity with the sponsor?

Select one:

a. Since he managed many projects and teams, it does not make any difference that the new project involves global virtual teams. He should tell the sponsor he has the relevant experience.

b. He should avoid any conversation regarding the types of teams involved so the sponsor does not know he lacks experience in this area.

c. The project manager should point out to the sponsor that he has not had experience with global virtual teams but discuss why he thinks he is a good fit for the project anyway.

d. The project manager should point out to the sponsor that he has not had experience with global virtual teams and therefore must decline the assignment.

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