You work as a project manager for BlueWell Inc. You are in the process of identifying all the people and organization impacted by the project. Mark, a project team member, has some doubts about the inputs of the Identify Stakeholder process. What is referred to as an input to the identify stakeholder process in project communication management?
Answer(s): B
The project charter is an input to the identify stakeholder process. It provides information about the internal and external parties concernedand is affected by the project.The project charter is the document that formally authorizes a project. The project charter provides the project manager with the authority toapply organizational resources to project activities. According to PMBOK Guide, the project charter should address the following information:Requirements that satisfy customer, sponsor, and other stakeholder needs, wants and expectations Business needs, high-level project description, or product requirements that the project is undertaken to address:-Project purpose or justification-Assigned Project Manager and authority level-Summary milestone schedule-Stakeholder influences-Functional organizations and their participation-Organizational, environmental and external assumptions-Organizational, environmental and external constraintsBusiness case justifying the project, including return on investment Summary budget if required, it also authorizes the next project phase, and updates the charter. The project manager should always be assigned prior to the start of planning, and preferably while the project charter is being developed. Answer option A is incorrect. Expert judgment is a technique based on a set of criteria that has been acquired in a specific knowledge area or product area. It is obtained when the project manager or project team requires specialized knowledge that they do not possess. Expertjudgment involves people most familiar with the work of creating estimates. Preferably, the project team member who will be doing the task should complete the estimates. Expert judgment is applied when performing administrative closure activities, and experts should ensure the project or phase closure is performed to the appropriate standards. Answer option C is incorrect. Stakeholder analysis is the identification of stakeholder needs, wants and expectations. It involves the documentation, prioritization, and quantification of the needs to help define the project scope.Stakeholders' interests may be positively or negatively affected by execution or completion of the project and they may also exert influence over the project and its deliverables.Answer option D is incorrect. The stakeholder register is a project management document that contains a list of the stakeholders associated with the project. It assesses how they are involved in the project and identifies what role they play in the organization. The information in thisdocument can be very perceptive and is meant for limited exchange only. It also contains relevant information about the stakeholders, such as their requirements, expectations, and influence on the project.
Thomas works as a contract-based project manager for BlueWell Inc. Management has hired Thomas to manage a high-risk project because Thomas has years of experience with this technology and similar project. Thomas would like to use his own templates for the project schedule, quality, and risk management approach. Management is fine with this, except after reviewing the template they had preferred Thomas to use 24-hour time periods for his project calendar rather than the 8-hour time periods as indicated. Thomas agrees, but now he has to update what document in his project management plan?
Answer(s): A
The project calendar needs to be updated to reflect the 24-hour time period rather than the 8-hour time period.The project calendar is used to define the working and nonworking days and times for tasks. This calendar is usually used to represent an organization's traditional working hours. Project uses this calendar to schedule tasks that do not have resources assigned or that have a tasktype of fixed duration. By default, the Standard base calendar is used as the project calendar. A user can also reflect alternative schedules by using other base calendars.The working days and hours in the project calendar reflect the working days and hours for the whole project. A user can also specify special days off, such as company holidays. A user can also indicate other nonworking times to reflect periods when the whole team will be workingon nonproject activities, such as company meetings or department retreats. Answer option D is incorrect. The schedule management plan will reference to the project calendar and the resource calendar. It does not need to be updated directly as a result of the time period change. Answer option C is incorrect. The resource calendar does not need to be updated as this document defines when resources are available.Answer option B is incorrect. The activities of the project are not changing, only the time periods of the project calendar.
You are the project manager of the SWC project. You have created the stakeholder register. In the stakeholder register of your project, you will have all of the following information except for which one?
The stakeholder register does not contain the project management team's classification information. The stakeholder register is a project management document that contains a list of the stakeholders associated with the project. It assesseshow they are involved in the project and identifies what role they play in the organization. The information in this document can be very perceptive and is meant for limited exchange only. It also contains relevant information about the stakeholders, such as their requirements, expectations, and influence on the project.Answer options D, C, and A are incorrect. These are the parts of the stakeholder register.
Choose and reorder the essential steps required in developing the scheduling framework. Select an item from the right pane. Click button to move the selected item to the left pane. Click button to move the item back to the right pane. Click and buttons to sort the list, if required.
The essential steps required in developing the scheduling framework are as follows:1.Determine how the schedule model will be developed.2.Understand the full scope of the project.3.Identify the project and schedule.4.Establish project calendars and work periods.5.Establish the optimum project update cycle.6.Design an effective activity coding structure.7.Determine resource planning requirements.
You are the project manager of the HQQ Project. Your project is running late by ten percent of where you should be at this time. Management is concerned and they'd like to know what is your schedule performance index. Considering that the project has a BAC of $567,899, you are thirty percent complete, and you have spent $179,450, what is the SPI for this project?
The schedule performance index is found by dividing the earned value by the planned value. In this instance, the planned value is ten percent more than where the project is forty percent of the budget at completion.Schedule performance index (SPI) is the measure of schedule efficiency on a project. It is used in trend analysis to predict future performance.SPI is the ratio of earned value to planned value. The SPI is calculated based on the following formula:SPI = Earned Value (EV) / Planned Value (PV)If the SPI value is greater than 1, it indicates better than expected performance, whereas if the value is less than 1, it shows poor performance. The SPI value of 1 indicates that the project is right on target. Answer option C is incorrect. 0.95 is the project's cost performance index. Answer options A and D are incorrect. An index is a decimal value.
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