QUESTION: 93

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?

Project calendar
Resource calendar
Organizational calendar
Company calendar

Answer(s): A

Explanation:

The project calendar defines the working hours for the project, including any days that project work will not happen due to the organizational calendar.

Answer option D is incorrect. The company calendar is not the correct choice for this question.
Answer option C is incorrect. The organizational calendar is not the correct choice for this question.
Answer option B is incorrect. The resource calendar defines whether resources the project needs will be available. The resources include people, facilities, equipment, and other things that project needs to be completed.

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QUESTION: 94

Management is concerned about your project. They want to know how the project is performing specifically the schedule performance index.
What formula do you use to find the schedule performance index?

PV/EV
EV-AC
EV-PV
EV/PV

Answer(s): D

Explanation:

The schedule performance index is earned value divided by planned value. The close the result is to 1, the better the project is performing.

Answer option B is incorrect. This is the cost variance formula.
Answer option C is incorrect. This is the formula to find schedule variance.
Answer option A is incorrect. This is not a valid formula.

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QUESTION: 95

You work as a project manager for BlueWell Inc. You want to increase the overall duration of the project. If the management elects to use resource leveling, then what will happen to the project duration?

The duration will increase, but the labor will stay the same.
The duration will decrease as new team members are brought onto the project.
Nothing, new resources will be incorporated into the project team.
The duration will increase, but the labor will decrease.

Answer(s): A

Explanation:

Resource leveling usually increases the overall duration of the project because management restricts the amount of labor which can be utilized in a given time period. Resource leveling heuristics is a prioritization method that allocates inadequate resources to critical path activities first. It is a schedule network analysis technique useful to a schedule that has already been analyzed by the critical path method. It is used when shared or critical
essential resources are only available at certain times, in limited quantities, or to keep resource usage at a constant level. It is a technique that resolves resource conflicts by delaying tasks within their slack allowances. Resource leveling is the process in which project teams come
across problems when developing their project schedules. If a company has multiple projects running simultaneously that require the same resources, then problems can arise. It can often cause the critical path method to change.

Answer option C is incorrect. New resources are not added as part of resource leveling.
Answer option D is incorrect. Labor remains the same in resource leveling, but their availability decreases.

Answer option B is incorrect. New resources are not added as part of resource leveling.

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QUESTION: 96

You work as a project manager for BlueWell Inc. Your project is falling behind though the project team reports that the actual durations of their work is what they estimated. You investigate the cause and determine that the project team is not starting their assignments early enough to finish their work on time. While the duration of the assignments may be in synchronization with the duration estimates, the completion time is causing the project schedule to slip from the baseline.
What can you do to rectify this problem?

Increase the duration estimates for each activity.
Discipline the project team.
Add management reserve.
Corrective actions.

Answer(s): D

Explanation:

Corrective actions should be taken to move the results of the project work back into alignment with the project scope. The project team must start their activities on time and finish on time. A corrective action is a change implemented to address a weakness identified in a management system. Normally corrective actions are implemented in response to a customer complaint, abnormal levels of internal nonconformity, nonconformities identified during an internal audit or adverse or unstable trends in product and process monitoring such as would be identified by SPC. It is method of identifying and eliminating the causes of a problem, thus preventing their reappearance. Examples of a corrective action are :Improvements to maintenance schedulesImprovements to material handling or storage.
Answer option C is incorrect. Management reserve is time and funds allotted for unforeseen issues and risks within the project.

Answer option A is incorrect. Padding each estimate may cause the project to succumb to Parkinson's Law: work expands to fill the amount of time allotted to it. In addition, the project team may still delay the start time of their project assignments.

Answer option B is incorrect. Disciplining the project team may be a good option if the problem continues. The best option is to first apply corrective actions.

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