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A project manager has been given a critical, 5-day window and is allocated a maximum of US$100,000 as a contingency reserve. Subsequently, the project manager drafted a course of action based upon the best available information. Overall, five actions were required to be completed at a cost of US$20,000 and a duration of 1 day each. After 3 days of work, the project manager completed two actions and spent US$80,000.
What should the project manager do next?

  1. Complete all actions and then inform the client of the additional cost and schedule overrun needed to complete the project
  2. Stop the work and raise a project change request to the change control board (CCB) for additional funds and a project schedule extension
  3. As the CPI and SPI are greater than 1.0, reevaluate and prioritize the remaining actions
  4. As the cost performance index (CPI) and schedule performance index (SPI) are less than 1.0, reevaluate and prioritize the remaining actions

Answer(s): D



A project manager wants to make sure that similar projects in the future use the project's performance data as a reference. However, the project manager is not sure how to accomplish this.
What should the project manager do?

  1. Keep project artifacts up-to-date and accessible to all stakeholders
  2. Share project documentation in a repository with exclusive access
  3. Schedule weekly knowledge-sharing sessions with key stakeholders
  4. Send periodic emails to senior management with the latest project updates

Answer(s): A



During a system demo, a project stakeholder rejects the features completed from the most recent user stories. According to the stakeholder, the product does not meet the quality standards required by regulations.
What should the project manager have done to avoid this?

  1. Ensured that the project sponsor understood the scope of the project to avoid any future complaints
  2. Ensured the stakeholder concerns were properly addressed in the iteration to avoid future setbacks
  3. Reviewed with the product owner that all acceptance criteria were met for the stories worked on in the iteration
  4. Reviewed with the product owner that all the stories worked on in the iteration were in the project backlog

Answer(s): C



A project is 70% complete when the project sponsor requests an additional deliverable.
What should the project manager do first?

  1. Negotiate with the project sponsor on the possible alternatives
  2. Determine the possible impact of this change on all aspects of the project
  3. Reject the request as being too late and leading to major scope creep
  4. Submit the request to the change control board (CCB) for a decision

Answer(s): B






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