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NEW QUESTION 50
A global petroleum crisis has affected the distribution of crude oil in the region where the construction project is underway Materials are not being delivered on time and this phase of construction is already behind for what was initially planned.
What should the project manager do first to prevent the project from going further off track?

  • A. Propose a pause in this phase to save labor costs and asset depreciation.
  • B. Perform a risk assessment and define a risk response action plan.
  • C. Establish new partnerships with other suppliers in anticipation of any delays.
  • D. Proceed with the project using management reserves to cover any delays or losses.

Answer: B

 

NEW QUESTION 51
The project budget is set at $150,000. The project duration is planned to be one year. At the completion of Week 16 of the project, the following information is collected: Actual cost = $50,000, Plan cost = $45,000, Earned value = $40,000. What is the cost performance index?

  • A. 1.13
  • B. 1.25
  • C. 0.8
  • D. 0.89

Answer: C

Explanation:
Section: Monitoring and Controlling

 

NEW QUESTION 52
A new project manager is assigned to a project midway through its implementation During the first risk review meeting, the project manager notices that the version of the risk register used by the project team members is different from the one the project manager is using What should the project manager have done to avoid this issue?

  • A. Validated the issue log
  • B. Validated the project artifacts
  • C. Referred to the communications management plan
  • D. Performed expert judgment

Answer: B

 

NEW QUESTION 53
A project manager meets with the project sponsor and customer both of whom declare the project a success and agree to accept project deliverables The sponsor is impressed that the project was completed on schedule and within budget and wants the project manager to immediately assume a new, larger, and critically important project What should the project manager do next?

  • A. Verify that project deliverables conform to quality standards
  • B. Archive all project documents for the current project.
  • C. Ask the current project team to immediately begin work on the new project
  • D. Organize a team celebration for the current project

Answer: B

 

NEW QUESTION 54
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