Answer all questions

1) A project manager is overseeing a complex custom CSM solution that has rigorous quality standards and tight schedule constraints. Since the project manager is working in a weak matrix environment, none of the resources are reporting to her functionally. She also does not have either the power or the budget to reward the team members to encourage and motivate them for their performance and contribution to the project. What kind of power should the project manager try to use in this type of situation?

Group of answer choices

Expert

Punishment

Formal

Referent

2) The scope management plan, schedule management plan, schedule baseline, process improvement plan, change management plan, and others are which one of the following to the project plan?

Group of answer choices

Subsidiaries

Glossary

Constraints

Appendixes

3) A project manager for a pharmaceutical project is reviewing the project contract and going through the narrative description of products and services to be supplied under the contract. He is meeting with subject matter experts, key stakeholders, and business analysts to evaluate whether or not the project is worth the required investment of $1 million. He also asked the team members to carry out a feasibility study on the project and report to him the findings as soon as possible. Which of the following documents would be created as an output in the process?

Group of answer choices

Project management plan

Project charter

Requirements documentation

Project statement of work

4) You are one of the members of the project prioritization and selection committee in your organization. The selection team is debating between two projects, which are both considered to be very important. The organization has to make an initial investment of $250,000 with expected cash inflows of $75,000 in the first year and $25,000 per quarter thereafter for the first project. The second project has a payback period of thirty-five months. Based solely on this information, which project should the selection committee recommend?

Group of answer choices

Second project as it has a smaller payback period

First project as it has a smaller payback period

None of them since both of them have the same payback period

Either of the two projects since payback period is not important

5) You are working as a project manager at a consulting firm and recently received a statement of work (SOW) from the client. As per your expectation, the SOW should contain or reference which of the following elements?

Group of answer choices

Measurable project objectives, business need, product scope description or what is to be done, and how the project supports the strategic plan

Business need, product scope description or what is to be done, and project purpose

Project purpose, business need, product scope description or what is to be done, and how the project supports the strategic plan

Business need, product scope description or what is to be done, and how the project supports the strategic plan