Question 27 (1 point) A Project Manager is conducting cost risk planning and is calculating Earned Monetary Value for a high-risk work activity estimated at $20,000. The risk probability is 25%. The risk estimated residual value is $ 4,000. The Project Sponsor is assigning a total Management reserve of $8,000 for the project. What is the total amount the Project Manager should assign as the cost estimate? $ 36,000 $ 25,000 $ 29,000 $ 24,000 Question 28 (1 point) How can the project manager best use Critical Path information when planning quality processes into a project? Implement Quality Control techniques at key project Milestones Create duplicate/alternate critical paths that could offload quality concerns Establish Quality Assurance processes on critical path activities Have additional resources available that when needed can be quickly moved onto critical path activities Question 29 (1 point) In which manner can a Project Manager best act in an Influencer role? Clearly express expectations and when they must be accomplished by Promote the benefits of contributing towards joint success Hold each individual accountable and responsible for their activities Propose initial expectations and then develop agreed-upon outcomes Question 30 (1 point) A project manager is told that due to customer requirements a project must be accelerated. Which of the following actions should the Project Manager do FIRST, after being advised of this news? Implement risk qualitative analysis related to acceleration risks previously planned for Procure additional resources required to meet acceleration schedule Prepare a full business case outlining the importance of this project and a clear rationale explaining why acceleration should not occur Determine impact upon the project