Explain these Macroeconomics test.

The project manager is managing the research and development of a new cancer screening test. The project manager would like to determine whether the processes currently in use in the project are effective in meeting the quality requirements specified by the customer.

What does the project manager need to obtain first to make this determination?

Quality control measurements

Resource breakdown structure

Requirements traceability matrix

Acceptance of deliverables from the customer

During an inspection of a project deliverable, the team detects the same defect in the deliverable that has already been identified during a previous inspection. The project manager is confused about how this could have happened since a change request was approved to repair the defect. After discussing the issue with the team, the project manager learns that the team never implemented the approved change request.

What could have helped prevent this situation?

Holding an approved change requests review

Conducting a retrospective meeting

Performing a root cause analysis

Creating a quality report

The team has just reported to you that they have completed the Plan Quality Management process. You review their work and see that they have produced the quality management plan, and made the necessary updates to the project management plan and project documents.

What did they forget?

Determine quality metrics

Define quality roles and responsibilities

Revise the lessons learned register

Update the requirements traceability matrix

You are managing a project to build a house for a private client. A few weeks before the project's planned completion date, the client calls and asks to add an outdoor sauna to the property. You analyze the project schedule and determine that this change would be fairly easy to implement without having an impact on the completion date.

What should you do first?

Begin construction since the project completion date is not violated

Review the requested change against all project constraints

Have the sponsor verify if the change violates construction regulations

Consult with the change control board on how to handle the change

You have been asked to lead a product development project which will use an agile framework. Currently, you are in the process of drafting the project charter, and you want to bring together stakeholders and subject matter experts to discuss perceived project risk, success criteria, and other topics.

What is the best way for you to accomplish this objective?

Facilitate an iteration retrospective

Invite the relevant participants to the daily scrum meetings

Conduct interviews with the identified individuals

Schedule a focus group

A multi-phase project has reached a phase gate. The key project stakeholders want to determine if the phase has met its success criteria and if the project should proceed to the next phase.

In addition to the project management plan, which documents will be required?

Risk register and risk report

Lessons learned register and lessons learned repository

Business documents and project charter

Agreements including procurement contracts

You are in the process of establishing a knowledge management system for your project.

Which of the following actions will be the least beneficial in this process?

Reviewing the lesson learned register

Monitoring stakeholder engagement

Examining the resource breakdown structure

Studying the project team assignments

You are leading a large project that involves many stakeholders. You want to get two new team members up to speed with the overall dynamics of the project and engage effectively with the project stakeholders.

What should you do?

Ask the team members to record any issues they encounter into the issue log

Review the stakeholder register with the new team members

Schedule a meeting with the new team members and all project stakeholders

Submit a change request to update the stakeholder engagement plan

You are facilitating a meeting with your project team to develop the team charter. At the start of the meeting, a team member states, "I don't understand the importance of this meeting. We are all professionals, and this isn't our first project working together. Wouldn't our time be better spent getting an early start on project execution?" The body language of the other team members suggests that they agree with the comments.

How should you respond to the team member?

As long as everyone is in agreement, then let's skip the team charter and get ahead of schedule

Let's use the team charter from our last project as a starting point and then update it as necessary

The team charter is required by the project management office (PMO) for all projects

The team charter will eliminate any potential conflicts which will improve our productivity

You are leading a project to build an oil pipeline in a foreign country. You want to outsource some of the construction work to local contractors and are in the process of preparing the bid package for prospective sellers.

Which of the following documents would you leave out of the package?

Request for proposal

Statement of work

Independent cost estimates

Bid documents

You are developing the communications management plan for a construction project. You want to determine the information needs of the project stakeholders, specifically focusing on the form and the format of information that will be required to communicate with the stakeholders.

What is your best course of action?

Develop the stakeholder register

Review the requirements documentation

Conduct a communication requirements analysis

Consult the stakeholder engagement plan

12. There is a Gantt chart displaying the schedule for a software upgrade project. The system analysis was completed on August 12th, but the system design and development activities are still in process as of October 3rd. Once the product is developed, the project team will need to test and deploy it, which must be completed by October 17th. The method used to determine the earned value is based on percent complete.

What is the cost variance as of October 3rd?