Having completed designing the plan, in which order should the next steps take place to produce a plan?1. Prepare Estimates2. Define and analyze Products3. Prepare the schedule4. Identify activities and dependencies
Answer(s): D
A plan should first identify products and their structure, then determine activities and dependencies, then estimate, then schedule. Correct: DA) 2, 4, 3, 1: includes scheduling before defining activities and dependencies, and prepares estimates after scheduling—wrong sequence.B) 4, 2, 1, 3: starts with dependencies before defining products, and sequence of estimates and scheduling inappropriate.C) 4, 3, 2, 1: begins with identifying activities before defining and analyzing products, and places estimates after scheduling—incorrect.
Product based planning focuses on which of the following:1. Creating product descriptions2. Identifying activities3. Creating a Product hierarchy4. Creating a Product sequence
Answer(s): A
Product based planning focuses on defining what needs to be produced and how it is structured, including product descriptions, the product flow, and the decomposition into a Product Breakdown Structure (product hierarchy). It does not prescribe identifying activities or sequencing in isolation; those are covered by downstream planning steps.A) 1, 2, 3B) 2, 3, 4C) 1, 3, 4D) 1, 2, 4
Who sets the tolerances for a work package?
Answer(s): B
A project manager sets the tolerances for a work package, defining acceptable variation within the agreed baseline. A) The project board approves tolerances at the level of the project plan, not individual work packages, so this is incorrect. B) Correct: the project manager defines and monitors tolerances for each work package, enabling escalation if limits are breached. C) The team manager is responsible for day-to-day activity within the work package but not for setting tolerances. D) Corporate or programme management may set overall governance tolerances, but the specific work package tolerances are delegated to the project manager.
Which of the following is not part of the composition of a Plan?
Answer(s): C
A plan comprises predefined elements, including prerequisites, assumptions, and product descriptions; quality responsibilities are not part of the Plan composition. A) Pre-requisites are inputs informing feasibility and constraints of the plan. B) Assumptions document uncertainties that underpin planning assumptions. C) Quality responsibilities belong to Quality Management approach, not the Plan structure. D) Product descriptions define the deliverables the plan will produce and track.
Who is responsible for committing user resources to the project?
A) The Senior User is accountable for validating user requirements and committing user resources to the project, ensuring resources align with business benefits and user needs. B) The Senior Supplier is responsible for ensuring supplier resources and capabilities, not user resources. C) The Executive has overall ownership and direction, not the event of committing user resources. D) The Project Board governs at a higher level; detailed resource commitment is delegated to the Senior User within the benefits and user requirements domain.
HOTSPOTDrop down the right answer from Column 1 to column 2.
HOTSPOTThe project has a cost tolerance of +5% I ·5%, of which stage 2 has a tolerance of +£45k 1-£45k.Lines 1 to 6 in the table below consist of an assertion statement and a reason statement. For each line identify the appropriate option, from options A to E, that applies. Each option can be used once, more than once or not at all.
, Risk Theme
HOTSPOTAdditional InformationA photographer from Portraits Ltd, a professional photographic company, has taken on the role of Team Manager after taking some time to understand the requirements of the project. A contract for their services has been set up and is being monitored by the Purchasing Manager and a Work Package has been agreed. This contract specifies that the photographer must arrange a meeting with the Engineering Manager to establish a schedule for the photo sessions to minimize the impact on the Engineering staff. This meeting should have occurred by now.The Engineering Manager was made aware of this requirement but when asked he reported that he has received no communication from the photographer. The Project Manager has tried to call the photographer and has had no response. The Project Manager believes there is a risk that Portraits Ltd are overbooking work and prioritizing other clients' work. If Portraits ltd do not deliver on schedule the project will be delayed and the expected benefits will be reduced.The contract is to be reviewed and Portraits Ltd reminded of their agreement.The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.Column 1 contains a number of risk responses identified by the Project Manager following an assessment of this risk. Column 2 contains a list of threat response types. For each risk response in Column 1, select from Column 2 the type of response it represents. Each option from Column 2 can be used once, more than once or not at all.Drop down the right answer.
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