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Mary is the project manager for her organization. She is working with the project team to define the project activities. She is concerned about some of the dependencies of the project work, which may affect the project schedule.
Which one of the following is the best example of a project constraint that will likely affect the project's ability to finish by a given deadline?

  1. The project must use internal team members to complete the project work.
  2. The project must adhere to several regulations.
  3. The project must use the BGH company to deliver the software portion of the project.
  4. The project must not exceed $1,250,000.

Answer(s): C

Explanation:

Of all the constraints listed only this is an external dependency, which can directly affect the project manager's control over the project work.
If the BGH company is late delivering the software portion of the project, it will likely have an effect on the project's ability to complete the
project on time.

Answer option B is incorrect. While regulations may affect the project timing, this is not the best choice.

Answer option D is incorrect. The $1,250,000 is an example of cost constraint.
Answer option A is incorrect. This is only constraint if the project team members are not available, or do not have the required skills to
complete the project work.



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?

  1. Project scope statement
  2. Project schedule network diagram
  3. Activity list
  4. Organizational process assets

Answer(s): B

Explanation:

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.

Inputs
Following are the inputs to this activity:
Activity list
Activity attributes
Milestone list
Project scope statement
Organizational process assets

Outputs
Following are the outputs of the sequence activities process:
Project schedule network diagrams
Project 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?

  1. $163,626
  2. $130,901
  3. -$985,040
  4. 0.16

Answer(s): C

Explanation:

The schedule variance for a project can be found by subtracting the planned value from the earned value. In this instance, it would be as
follows:
SV = EV - PV
=(0.85*9,850,400) - (0.95*9,850,400)
= 8,372,840 - 9,357,880
=-985,040
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 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?

  1. Organizational process asset
  2. Lessons learned documentation
  3. Process input
  4. Predecessor project

Answer(s): A

Explanation:

This is an example of an organizational process asset. The previous project is the historical information that the current project can use. This
could 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 their
projects. 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, but
this 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 the
question.






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