QUESTION: 89

Gary is the project manager for his organization. At each weekly status meeting with his project team, Gary collects information on the work that has been completed and reviews the work that is remaining in the project. Alice, one of Gary's project team members, consistently reports that she's late on her project work. After the meeting, Gary and Alice discuss why the work is late as it is causing other delays in the project.
What is the review of the late work commonly called?

Variance analysis
Leadership
Quality control
Discipline

Answer(s): A

Explanation:

Variance analysis is the study to determine why a variance in the project exists. Alice's late work may be for a number of reasons so Gary needs to determine why in order to address the problem. Variance analysis is a process that examines the dissimilarities between the planned and the actual budget or schedule in order to discover unacceptable risks to the budget, schedule, quality, or scope of the project. It is a method for resolving the total variance in the set of scope, schedule, and cost variables into particular component variances that are associated with defined factors affecting the cost, scope and schedule variables.
Answer option D is incorrect. Discipline is not the best answer as Gary, at this point, is simply reviewing the situation to determine why the variance exists.

Answer option C is incorrect. Quality control is the inspection of the work results to prove the existence of quality and to prevent mistakes from reaching the customer.
Answer option B is incorrect. This may be a type of leadership, but it is not the best answer for the question.

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QUESTION: 90

You have a project to install 45,900 emergency exit signs throughout a university campus. You have a crew of 45 project team members to install the signs and they are making good progress on the installation but it looks like they'll miss the promised end date. Your project requires all of the signs to be installed one week before classes are scheduled to begin. You elect to crash the project in an effort to shorten the installation duration activity.
What does it mean to crash the project?

Increase the working hours.
Level the project schedule.
Add more workers.
Reduce the project scope.

Answer(s): C

Explanation:

Crashing adds more workers to the project team. Crashing allows the project to complete faster because there are more people helping with the project work.
Answer option D is incorrect. Reducing the project scope is called descoping or project scope changes.

Answer option A is incorrect. Crashing does not consider the working hours.
Answer option B is incorrect. Resource leveling actually increases the project duration.

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QUESTION: 91

Fred is the project manager of the NHA project. This project has a BAC of $2,456,900 and is sixty percent complete. Fred has crashed the project, which has driven the project costs to date to $1,525,140, but his project is five percent more complete than what was planned.
What is the schedule variance for this project that Fred needs to report to the management?

$176,675
$122,845
-$85,000
-$51,000

Answer(s): B

Explanation:

There is positive variance of $122,845 on Fred's project. Variances can be either positive or negative. Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that the schedule is ahead or behind what was planned for this period in time. The schedule variance is calculated based on the following formula:
SV = Earned Value (EV) - Planned Value (PV).
If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater than 0 shows that the project is ahead of the planned schedule. A value of 0 indicates that the project is right on target.

Answer option C is incorrect. This is the project's variance at completion.
Answer option D is incorrect. This is the cost variance for the project.
Answer option A is incorrect. This is not a valid answer for the project.

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QUESTION: 92

Tom works as the project manager for Blue Well Inc. He is working with his project to ensure timely and appropriate generation, retrieval, distribution, collection, storage, and ultimate disposition of project information.
What is the process in which Tom is working?

Work performance measurement
Stakeholder expectation management
Project communication management
Stakeholder analysis

Answer(s): C

Explanation:

Tom is working with the project communication management process, as it is required to ensure the timely disposition of project information. Project Communications Management is one of the nine Knowledge Areas. It employs the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information. The following processes are part of Project Communications Management:
Identify Stakeholders
Plan Communications
Distribute information
Manage Stakeholder Expectations
Report Performance
The Project Communications Management processes provide the critical links among people and information that are necessary for successful
communications. These processes interact with each other and with the processes in the other Knowledge Areas as well.

Answer option B is incorrect. Managing stakeholder expectation is the process of working and communicating with the stakeholders to meet
their requirements.

Answer option A is incorrect. Work performance measurement uses the information to create project activity metrics to evaluate actual
progress compared to planned progress.

Answer option D is incorrect. Stakeholder analysis is the process of gathering and analyzing quantitative and qualitative information to determine the interest of the stakeholders.
You are the project manager for your organization. Management has asked you to document the holidays, weekends, and other corporate working hours, which will supersede the project timings for your schedule.
Which calendar will communicate to the project stakeholders, when the project work will take place within the organization?

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QUESTION: 89

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QUESTION: 91

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