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NEW QUESTION 26
The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also
producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early
release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar,
thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under the Risk tolerance heading?

• A. The Project Board's threshold level of risk exposure is any combination of medium, high and very high
  impact, with high and very high probability.
• B. Corporate management's threshold level of risk exposure is any combination of high and very high impact
  and probability.
• C. The Project Manager's threshold level of risk exposure is low impact and probability.
• D. The risk budget will have a tolerance of +/~ 10%.
• E. The cost of all fallback plans must be contained within the project's tolerance.

Answer: A,E

Explanation:
Explanation/Reference:
Risk Theme
Question Set 2

NEW QUESTION 27
HOTSPOT
Extract from the Project Product Description (with errors)

Column 1 is a list of objectives. For each objective in Column 1, select from Column 2 the quality activity that addresses it. Each selection from Column 2 can be used once, more than once or not at all. Drop down the right answer.

Answer:

Explanation:

NEW QUESTION 28
Project Scenario - Health and Safety Training Project:
ABC Company is a well-established training company that uses a standard model to develop training materials and deliver courses to customers.
ABC Company has commissioned a project in response to recent changes in government legislation relating to health and safety on construction sites. The project will deliver "capability to provide health and safety training", including the materials needed for classroom-based training and e-learning. The expected benefits for construction companies include a reduction in lost days and legal costs due to accidents.
The e-learning course will be developed by a specialist external consultancy. The materials for classroom- based training will be delivered by ABC Company's development team. All course materials will be piloted before they are used. ABC Company will deliver training to its customers and also hopes to sell the course materials to other training companies as part of their operational business. ABC Company will use their own sales and marketing departments to promote the courses.
The legislation requires construction companies to comply with the new legislation within two years. The course materials and trainers have to be accredited by a government agency before courses can be delivered. ABC Company is planning to deliver pilot courses within five months of starting the project.
The ABC Company standard development model for new courses recommends the following stages:
End of the Project scenario.
Additional Information:
The Chief Executive Officer (CEO) founded the company five years ago. Under her leadership, ABC Company has grown quickly into a successful training company. It delivers a range of accredited professional training.
The Finance Director is also a founder member of ABC Company and is responsible for authorizing budgets for the Operations and Development Teams. She authorizes all large contracts personally.
The Purchasing Manager reports to the Finance Director and is responsible for managing and monitoring supplier contracts.
The Operations Director is responsible for the delivery off all training and for the training development budget. His department organizes courses, venues and trainers. They work with the Product and the Sales teams to provide a comprehensive training schedule. ABC Company's IT manager reports to the Operations Director.
The Business Development Director has recently been appointed to identify new training needs and propose new products. She will work with the Operations. Director to ensure a cost-conscious approach and that appropriate development technologies are used for the health and safety course.
The Training Development Manager reports to the Business Development Director and is responsible for developing training materials and gaining accreditation, in accordance with the standard course development model. Course developers in his team have skills in a range of development technologies and are allocated to projects as needed.
The Training Delivery Manager, who reports to the Operations Director, is responsible for ensuring that internal and external trainers deliver ABC Company training courses to the required standard. He also checks course materials to ensure they are fit for purpose and of the required quality.
The Central Services Director has responsibility for corporate communications, facilities management and configuration management. He recently led a project to consolidate all company quality systems into one quality management system and set up a corporate quality department, now managed by the Corporate Quality Manager.
The Corporate Document Manager reports to the Central Services Director. She helped establish the company's document management system and now operates it across the business. She manages a team of administrators and contracts staff when workload is high.
The Sales Director joined ABC Company two months ago and is keen to establish himself by suggesting new markets for the courses and material. All account managers and the marketing team report to him.
They promote existing training courses to other training companies and existing customers.
End of the additional information.
The development of the 'e-learning course' will be outsourced to an external supplier and their key members will join the project management team. The supplier wants to keep their work processes confidential and not share these with ABC Company. ABC Company has agreed.
Who should approve the external supplier's team plan?

• A. Project manager
• B. Corporate, programme management or customer
• C. Supplier assurance
• D. Senior supplier

Answer: B

NEW QUESTION 29
Which 2 alternative actions apply to the proposed user assurance for this project?

• A. Retain because they are able to help identify stakeholders and their communication requirements.
• B. Retain because they are both very positive about outsourcing the selected business functions.
• C. Remove because neither of these individuals are from the business functions to be outsourced.
• D. Retain because their divisions will be the major users of the outsourced services and they can provide the
  user perspective on the impact of any proposed changes.
• E. Retain because selecting only one of them may cause unnecessary conflict.

Answer: A,D

Explanation:
Explanation/Reference:
Organization Theme
Question Set 3

NEW QUESTION 30
Which of the following is NOT a trigger for the project manager to authorize a work package?

• A. Corrective Action
• B. Reporting highlights
• C. Exception plan approved
• D. Stage Authorization

Answer: B

NEW QUESTION 31
......