You work as a project manager for Blue Well Inc. According to you, which of the following is an output of the Sequence Activities process?
Answer(s): B
Sequence Activities is one of the twenty processes of the Planning Process group. It is the process of identifying and documenting relationships among the project activities.InputsFollowing are the inputs to this activity:Activity listActivity attributesMilestone listProject scope statementOrganizational process assetsOutputsFollowing are the outputs of the sequence activities process:Project schedule network diagramsProject document updates
Holly is the project manager of the NDS project and she is 85 percent complete with her project though she should be 95 percent complete. Her project has a BAC of $9,850,400 and she has spent $8,011,221 to date. What is Holly's schedule variance for this project?
Answer(s): C
The schedule variance for a project can be found by subtracting the planned value from the earned value. In this instance, it would be asfollows:SV = EV - PV=(0.85*9,850,400) - (0.95*9,850,400)= 8,372,840 - 9,357,880=-985,040Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that the schedule is ahead or behind whatwas 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 ofthe planned schedule. A value of 0 indicates that the project is right on target. Answer option B is incorrect. $130,901 is the cost variance. Answer option A is incorrect. $163,626 is the variance at completion for this project. Answer option D is incorrect. 0.16 is the difference between the schedule performance index of .84 and a perfect schedule.
Gary is the project manager of the GHY project. He has elected to use a previous, but similar, project to guide him and the project team through the estimate activity duration process. The previous project schedule could best described as which one of the following?
Answer(s): A
This is an example of an organizational process asset. The previous project is the historical information that the current project can use. Thiscould also be, with a bit more information, an example of an analogous estimate. Organizational process assets are forms, templates, and other support pieces that the project managers can use to help manage theirprojects. It is usually something that has been created before the project begins and often, but not always, comes from historical information.Answer option D is incorrect. This is not a valid term for this question. Answer option B is incorrect. The lessons learned documentation is a separate document that Gary might reference for his current project, butthis is not a valid choice.Answer option C is incorrect. While organizational process assets are inputs to this process, this choice is not the best selection for thequestion.
Anna is the project manager of the NHQ project. Her project has 1,500 stakeholders, some of which are external to her organization. In this project, Anna wants to create a method to classify the stakeholders based on their level of authority and their level of concern regarding the project outcomes. This model will help Anna determine the communication demands and when information should be distributed. What does Anna want to create in this instance?
Anna needs to create a power/interest grid. This grid groups the stakeholders based on their level of authority and level of concern regardingthe project outcomes.The power/interest grid forms a group of the stakeholders based on their level of authority (power) and their level of interest in the project.Interest accounts to what degree the stakeholders are affected by examining the project or policy change, and to what degree of interest orconcern they have about it. Power accounts for the influence the stakeholders have over the project or policy, and to what degree they canhelp to accomplish, or block, the preferred change.Stakeholders, who have high power and interests associated with the project, are the people or organizations that are fully engaged with the project. When trying to generate strategic change, this community is the target of any operation. Answer option B is incorrect. A salience model classifies stakeholders based on their power, urgency, and legitimacy.Answer option C is incorrect. A power/influence grid groups the stakeholders based on their power and influence.Answer option D is incorrect. A communications matrix simply maps which stakeholder need to communicate with other stakeholders.
You work as the project manager for Blue Well Inc. You are reviewing and regulating the progress to meet the performance objectives defined in the project management plan. Mark, a trainee, has a doubt related to the inputs of monitor and control project work. Which of the following is the input to monitor and control project work?
Performance report is an input of monitor and control project work. Reports are prepared by the project team detailing activities, milestones,and problems.A performance report is made by the project team detailing activities, milestones, problems, accomplishments, and identified issues.Performance reports are used to report some key information as follows:Current statusScheduled activitiesSignificant accomplishment for the periodForecastsIssuesAnswer option B is incorrect. It is the tool and technique used for monitoring and controlling project work.Answer options A and D are incorrect. These are the outputs to monitor and control project work.
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