Quiz Monitoring-Schedule

In evaluating the schedule performance of the project you are leading, you determine that corrective actions are needed. Which of the following is the tool or technique that could be used to evaluate the impact of pending change requests that may be needed?

The project manager of a global business expansion project lost a key resource on the project due to a sudden illness. The resource is expected to recover in 3 weeks. Luckily, the resource needs to start working on a deliverable exactly after 3 weeks. What is the best option for the project manager?

You are the project manager of a large municipal road construction project. In completing the Control Schedule process, you calculate that the project is currently operating with an SPI of 0.78. You are presenting on the schedule progress of your project later today. What is the most appropriate summary of your project’s schedule progress?

In an effort to maintain constant awareness of your project’s cost and schedule performance versus the baselines you calculate CV, CPI, SV, SPI at the end of every week. In which process should you feed these values as inputs to help maintain constant awareness of the effectiveness of the work completed?

The project team has spent the last two weeks translating the project scope into a detailed schedule of actions to be completed. Knowing that the timely delivery of the project is essential to supporting the company’s aggressive growth plans, the team has begun evaluating the inherent flexibility in the schedule and is attempting to identify which path has the greatest risk in impacting the overall schedule duration. Which technique is the team most likely utilizing?

Your management has asked you to review a troubled project and suggest actions to improve the project’s schedule performance. The project is expected to deliver an internal rate of return of 15%, is currently four weeks behind schedule, and has performed with a CPI of 1.13. In analyzing the activities remaining, you determine that these activities can be classified as low risk and that there are a large number of the discretionary dependencies defined between activities. Management has also informed you that there is no budget to obtain additional resources. What activity should you suggest the current project manager conduct in order to improve schedule performance?

Your project has an approved budget of $250,000 and currently has a planned value to-date of $150,000 and earned value of $165,000. What is the project’s schedule variance?

The project conditions have changed radically during the course of the current project. Additionally, a risk has recently occurred that initiated the use of a planned risk response. Due to the changes in the project conditions, the team has questioned whether the planned risk response was still valid and has asked your opinion before implementing the response. What is the most appropriate action that should be taken?

You are managing a large complex project. Four weeks into its execution, additional work within the scope has been identified that will likely push the schedule beyond the contingency defined. Which of the following actions is the most appropriate action to pursue first?

The project network diagram for a project defines that a project contains six activities (A, B, C, D, E, F). Activities A and B require 4 and 5 days respectively to complete and each can start immediately. Activity C can only start after activity A is complete and will take 7 days. Activity D, which takes 8 days, can only start after activities B and C are complete. E must start after C is complete and takes 10 days. Activity F must wait until both E and D finish and takes 2 days. The project manager has been asked to crash the project. Which activities should be considered in the crash analysis?