Refer Scenario 1 – Which of the following can be categorized as a benefit of the project?

Refer Scenario 1 – Which of the following can be stated as a ‘Reason’ to undertake the project?

Refer Scenario 1 – The business case had projected a saving of 20 million USD over 10 years in operating cost as a result of the implementation of the project. During the project execution, the project manager realized that a saving of only 10 million USD was possible. What should the project manager do?

Refer Scenario 1 – Initial estimates indicated that the project would cost 2.5 million USD and take two years to complete. There is an expected saving of 20 million USD over 10 years. Which of the following describes the term ‘Benefits’?

Refer Scenario 1 – The Project is divided into 4 stages. A stage gate meeting is planned at the end of every stage. What is the primary objective of Stage gate review?

Refer Scenario 1 – The Project lifecycle was divided into 4 stages. Which of the following statement is TRUE regarding the characteristics of this project life cycle?

Refer Scenario 1 – In the given project lifecycle, as work will progress, uncertainty about the expected outcome will ……

Refer Scenario 1 – The project manager thinks that , some project management processes will have to be tailored as appropriate. Tailoring is necessary in a project’s processes because:

Refer Scenario 1 – The project is divided in 4 stages. Which of the following statement is correct about Project Stage?

Refer Scenario 1 – “Include a clause in the contract with the selected external supplier stating that, if the full functionality of the software solution is not delivered, the selected external supplier will reduce their fees accordingly.” This statement is an example of which risk response strategy?

Refer Scenario 1 – Which of the following statement appropriately explains the term ‘Proximity’?

Refer Scenario 1 – “Identify ABC Company employees with knowledge or experience in restructuring and include them in the project team.” This statement is an example of which risk response strategy?

Refer Scenario 2 – The scenario states that you have to use Precedence Diagramming Method (PDM) to draw the network diagram. Which of the following statements is TRUE about Precedence Diagramming Method?

Refer Scenario 2 – Based on the data given in the scenario, what is the Critical Path of the network diagram?

Refer Scenario 2 – Based on the data given in the scenario, what is the float in activity “Create request for tender”?

Refer Scenario 3 – Based on the data in the scenario, What is the Cost Variance on the status date for four deliverables?

Refer Scenario 3 – Based on the data in the scenario, What is the Schedule Performance Index on the status date for four deliverables?

Refer Scenario 3 – Which of the following statement about Cost Baseline is NOT true?

Additional Information – “During planning the project manager conducts a brainstorming session with all team members and relevant stakeholders to identify innovative ways to ensure the project’s success.” Group brainstorming encourages all of the following EXCEPT ……

Additional Information – “During the course of the project, The project manager of Franklin Consultants thinks that he has discovered vital trade secrets of ABC Company’s business.” As a seller’s project manager, he should ……

Additional Information – “The Initiation phase is in its conclusion phase . However, one team member of Franklin Consultants informs the Project Manger that the QA representative of ABC is not satisfied about the quality of deliverables.” What the project team of Franklin Consultants has failed to do?

Refer Scenario 1 – Considering the strategic importance of the project, the CEO of ABC Company has taken the role of Project Sponsor. For the project manager of Franklin Consultants what is the most appropriate strategy for engaging with him?

Additional Information – Which of the following is a benefit of stakeholder engagement?

Additional Information – The Project Manager has sent a meeting request to the Sponsor to discuss the project’s stakeholder management plan. The sponsor believes that only the scope, schedule and cost management plans are sufficient for such projects. Which of the following is the best response to this request?

Refer Scenario 1 – The project manager is in the process of make or buy analysis for the deliverables in Stage 4. In which of the following scenario a customer would prefer outsourcing rather than developing the product In-house?

Refer Scenario 1 – For Stage 2 (Create a detailed design for the future Facilities staffing structure and a specification of the new hardware and software solution) the project manager plans to hire Restech resources on a per hour basis. This type of contract is typically known as …

Additional Information – The project manager is in the process of creating a contract document for stage 4. The contract must have what two things?

Additional Information – A stakeholder register is a dynamic document. It should be reviewed and updated as project progresses. Which of the following is NOT a reason for updating the stakeholder Register?

Refer Scenario 1 – Owing to the strategic importance of the project, the CEO of ABC Company decided to become a Project Sponsor. The project sponsor is responsible for the project business case …

Refer Scenario 1 – Which of the following statement appropriately reflects a Major Risk to the project?

Refer Scenario 1 – Owing to the strategic importance of the project, the CEO of ABC Company has taken the role of Project Sponsor. In other words the project has been directly undertaken by Portfolio. Which of the following statement is appropriate with reference to Portfolio Management?

Additional Information – “One of the Functional Manager resigned while the project was in execution phase.” What action should the project manager consider now?