This document contains 10 questions related to project management best practices. It provides the questions, suggested answers, and brief explanations or hints for each question. The questions cover topics such as project initiation processes, managing project changes, scheduling, resource allocation, risk management, and stakeholder engagement. The explanations reference concepts and processes from the PMBOK Guide, such as the importance of proper contract drafting for issues like charging for productive vs unproductive time.
This project charter guide covers everything you need to know about the project charter. It is based on the free template you can download here: http://project-charter-template.casual.pm/
Project Selection in Large Engineering and Construction ProgramsBob Prieto
Project Selection in Large Engineering Construction Programs
By Bob Prieto
One of the most important steps in implementation of a program management approach is the selection of the projects which will comprise the program. This selection process, done appropriately, is neither intuitively obvious nor simple. Done poorly, the program may achieve less than optimum results or be exposed to risks which may degrade its value over time. Project selection must flow from strategy which in turn is defined by an organization’s strategic business objectives. Key performance indicators which are established to assure strategic business objectives are met, must cascade down through strategy assessment into overall project portfolio assessment and ultimately into individual projects.
This project charter guide covers everything you need to know about the project charter. It is based on the free template you can download here: http://project-charter-template.casual.pm/
Project Selection in Large Engineering and Construction ProgramsBob Prieto
Project Selection in Large Engineering Construction Programs
By Bob Prieto
One of the most important steps in implementation of a program management approach is the selection of the projects which will comprise the program. This selection process, done appropriately, is neither intuitively obvious nor simple. Done poorly, the program may achieve less than optimum results or be exposed to risks which may degrade its value over time. Project selection must flow from strategy which in turn is defined by an organization’s strategic business objectives. Key performance indicators which are established to assure strategic business objectives are met, must cascade down through strategy assessment into overall project portfolio assessment and ultimately into individual projects.
PMP study plan and lessons learned, by: Jamil Faraj Hassan
الزملاء الكرام
السلام عليكم
هذه الدروس المستفادة من تجربتي الشخصية مع اختبار ال PMP
أضعها بين أيديكم لعلكم تستفيدون منها
أتمنى من الأخوة الذين نجحوا في الأختبار ألا يبخلوا علينا بنصائحهم وتوجيهاتهم لمن بعدهم
واعلمو أنهم( زرعوا فأكلنا، ونزرع فيأكلون)، والسلام عليكم
أخوكم : جميل فرج
This is the updated version of my PMP certification for 2020.
Jamil introduce a full PMP online course with discount 20% for a limited period.
https://www.udemy.com/ma_jf_pmp/?couponCode=Discount_20%25
Running Head PROJECT PLAN-BUSINESS REQUIREMENT DOCUMENT .docxjeanettehully
Running Head: PROJECT PLAN-BUSINESS REQUIREMENT DOCUMENT
1
Project Plan-Business Requirement Document
Ali Allami
CIS 599
Graduate Information Systems Capstone
Supported by: Professor. Mark Cohen
Oct 27, 2019
PROJECT PLAN-BUSINESS REQUIREMENT DOCUMENT 2
Abstract
The project plan inception has been complete in last week with introduction documenting the cur-
rent IT network and that system is very important. Many kinds of businesses have an operation in place
to help with project management and implementation requirement. There is a chance for improvement
includes making suitable assessments of how to size a project is and project cost estimated.
There are multiple various names for tools that used with for this process: business needs requirement
and specification, requirements specification or, simply, business requirements. Business requirements
are the significant works of a company that must be done to make the company successful. And a busi-
ness requirements document (BRD) means company work documentation. The BRD process can be
incorporated within a Six Sigma DMAIC Define, Measure, Analyze, Improve, and Control culture.
Completion of a quality requirements document allows user needs and expectations to be captured, so
that infrastructure and information systems can be designed properly. Using the requirements document
provided in the course shell as a part of the requirements gathering process. You are to assess the needs
of the company as it prepares to become a multinational organization. You must consider current and
future trends and requirements; however, assumptions should be realistic and carefully considered. The
needs of the organization should be documented. Later deliverables will focus on specifics of all re-
quirements.
In the Business Require Document of this project I will describe the project summary and project
scope of work. In the scope, I will explain how to control the scope. Then I will describe the possible
risks, then integration with database and data warehousing, cloud technology and Virtualization, and
security level. The Project plan in MS Project (.mpp file) will be in the second attaced.
PROJECT PLAN-BUSINESS REQUIREMENT DOCUME ...
Running head PROJECT CHARTER ABOUT CREATING A WEBSITE FOR HR .docxtoltonkendal
Running head: PROJECT CHARTER ABOUT CREATING A WEBSITE FOR HR 1
PROJECT CHARTER ABOUT CREATING A WEBSITE FOR HR 2
Project Charter about Creating a Website for HR
Student’s Name
University Affiliation
Project Charter about Creating a Website for HR
Introduction
To many of the business enterprises of today, establishment of a project charter is of great importance towards the overall prosperity of the given project. Through its creation, an organization is at a position assessing the task and the prospective outcomes of the given project. Similarly, it is a component that ensures that the organization justifies its mission statement in relation to the project. An organization is also at a position of underlining scope statement of the project as well as the regulation of the utmost deliverables. Last but not least, a project charter ensures that the organization effectively applies the technical requirements, assumptions as well as to the constraints of the given project (Doraiswamy et al., 2012). In this paper, it takes turn emphasizing more regarding a description of a narrative project in conformance to all the components essential for a viable project charter development.
Narrative Project Description
In this paper, it mainly focuses on a project charter for Company Z that mainly operates in the production of cement. Due to the increase in the overall turnout
of employees, the company resorts to up scaling its operations through the establishment of a website for HR in conformance to the assessment of employee’s records. Through the given website, it enables the executives to effectively undertake valuation of the employee’s records in relation to their performance track at the company. Currently, the business is experiencing a good customer base majorly because it deals in one of the best cement variety in the construction industry. The business has employed an array of employees hence the need to go online in tracking employee’s performance is of great importance
to the business.
Through the online portal management of employees will be much easier for both the executive as well as to the junior employees. In the spirit of exploration on the project plans of opening up an online employee portal, this paper contributes a lot regarding an effective project plan layout
.
Problem and Result Statement
In the given project, it has a requirement of directing the entire employee’s performance in the online portal
. It includes daily update of each and every operation undertaken by the workers. In the project, there are little chances of any forthcoming defects based on the outcomes of the project
(Goldstein et al., 2012). Each and every worker should be conversant with the information being fed into the online portal as it is a great tool to be used by the company in undertaking benchmarking efforts
. In the project, there occur various forms of delivery failures that are u ...
FIN320 – Gallaher – Prep for Exam 3 – Computational Questions
1. Smallville Courier is a small town newspaper, with revenues of $200,000 and pre-tax operating income of $40,000. It is considering starting an online edition that would be accessible at no cost to the general public and has collected the following information:
1. The initial cost of setting up the online edition is $25,000. That expense will be capitalized and depreciated using the MACRS three-year schedule (33%, 45%, 15%, 7%). There is no salvage value.
1. You expect advertising revenues from the site of $30,000 per year.
1. The annual operating cost of maintaining the online edition will be $15,000.
1. The cost of capital is 15% and the tax rate is 40%.
1. The project has a life of 5 years.
Should Smallville go ahead with the project?
(Include in your answer the following: What are the annual incremental free cash flows associated with this project? What is the NPV? What is the IRR? What is the payback period?)
1. Wade Natural, a beverage company, is considering expanding into the snack business and you have collected the following information on the investment:
i. You estimate the beta of comparable companies in the snack business to be 0.92.
ii. The equity in Wade Natural has a book value of $ 500 million, but the market value of equity is $2 billion.
iii. The firm has $500 million (in market value terms) in interest-bearing debt with 10 year to maturity. The debt currently trades $900 per bond (Face Value = $1,000) and pays a 4% semi-annual coupon.
iv. The risk-free rate is 4% and the equity risk premium is 5%.
v. The marginal tax rate is 40%.
What is Wade Natural’s WACC?
Running head: ASSIGNMENT 2: PROJECT MOTORCYCLES
1
ASSIGNMENT 2: PROJECT MOTORCYCLES
9
Assignment 2: Project Motorcycles
M. Owens
Strayer University
Project Management BUS 375
Professor Puckett
October 31, 2013
Select one (1) of the types of project organization that would suit the development of the larger touring class motorcycles.
The project management organization I would use for this instance is pure project management organization. This helps to separate this project from the home company. It will be an independent segment. It will have its own technical staff and administration, which would be linked to the home company's administration. However, these links will not be strong, and it will enjoy some autonomy. This segment will be able to prepare its own reports on how the project is advancing, make minor purchases, and deliveries without consulting the home company. This will be in order to quicken the development of the motorcycles. The project manager is the head of this segment he will bear full responsibility for the project, although he will report to the senior staff at the home company. This decentralization will also lead to better communication in this segment as the project manager will be able to make some decisions without consulting senior staff in ...
Sheet2ScoresMaxActualComments1. Effort Estimate. Estimate the e.docxbjohn46
Sheet2ScoresMaxActualComments1. Effort Estimate. Estimate the effort necessary to complete the project. The estimate should be in units of days or fractions of days. All work to determine the effort should be shown. Provided estimate55Included software development tasks in estimate1010Broke down software development tasks1010Included standard software development phases1010Included project management tasks1010Broke down project management tasks1010Included other tasks (e.g., training)1010Used method described in #4552. Assumptions: Document the assumptions made to determine the effort estimate in a list. 10103. Describe the method(s) used to determine the effort estimate. 10104. Identify and describe the advantages and disadvantages of the method(s) used.10100100100Second submission90%90
Sheet3
Windshield Survey
Assignment Guidelines
A. Windshield Survey
The Windshield Survey is comprised of general qualitative observations that give you a snapshot of the community that you can capture as you drive/walk through the community. The demographic data can be obtained online, through the public library, county or township administration buildings. Please address the following in a narrative format following APA guidelines:
1. Geographical description
· Boundaries, geographical, political, or economic, how is it seen.
· Housing an zoning
· Sign of decay
2. Health Resources
a. Type of services available: health department, private MD, dentist, hospital clinic,
b. pharmacy, health promotion, mental health
c. School and occupational health services
d. Official and voluntary services
e. Self help and support groups
f. Service organizations, faith-based programs
g. Stores (grocery, retail, drug, dry cleaning, etc.
h. Transportation
3. Citizen safety and protective services
a. Police and fire
b. Shelters for victims of abuse
c. Others: neighborhood watch etc.
4. Services provided by senior citizens senior centers, meals on wheels, transportation, day care, long term care.
a. Parks and recreational areas
5. Community welfare services beyond city/state aid as provisions for emergency food, shelter and clothing.
Below please see the rubric that will be used to grade your survey and due date instructions.
Assignment must be presented in an essay style using APA format in the required Arial 12 font with minimum of 1000 words.
Project 1 – Estimating Project EffortLearning Objectives
This project has been designed to re-enforce the following concepts of developing software solutions:
· Requirements Elicitation
· Requirements Analysis
· Functional Decomposition
· Task Identification
· Effort Estimating
In addition, students will be introduced to the reality of quickly developing effort estimates with poor, incomplete and possibly conflicting information. Scenario
The Project Management Institute (PMI) has invited your company to respond to their Request for Proposal (RFP) regarding the deve.
Scope Statement
1
Scope Statement
10
Scope Statement
CPMGT/300
April 18, 2016
Tammy Marion
Scope Statement
Define Project Scope
Project Scope is, “the work performed to deliver a product, service, or result with the specified features and functions” (Project Management Institute, Inc, 2013, Chapter 5). The benefit of defining project scope is that, “it describes the product, service, or result boundaries by defining which of the requirements collected will be included in and excluded from the project scope” (Project Management Institute, Inc, 2013, Chapter 5.3). The project scope of the project at hand is to eliminate the human element in the inventory management process through software installed in technician’s computers that will allow inventory to be tracked while in trucks and warehouses and provide the purchasing department with real time information on inventory levels. Also, by removing human error, inventory levels will achieve 99% accuracy levels.
Project Deliverables
A project deliverable is the main purpose of a project. The premise of a project is built upon deliverables. Burley (n.d.), describes project deliverables as, “The product or service that is given to the client”. Burley (n.d.) further states, “A deliverable has a due date, is tangible, measureable and specific”. Deliverables include any one, or combination of the following: software, systems, training programs, and milestones. Inventory Management, as in Group A’s company falls as a system, software, and milestone deliverables. The systematic deliverables include creating the framework to automate the inventory management. Currently, the inventory process is manual. The end deliverable is to remove the human element in inventory management, as it is passed off between three different parties- technicians, warehouse, and office personnel. The software deliverable is to have software installed on technician’s computers this way when inventory is checked out in the field, the inventory is updated real-time, as opposed to manual transactions which can result in loss of information. The software will help manage truck inventory, and warehouse inventory, and provide the purchasing department real-time information to ensure inventory levels are up to par. The milestone deliverable, is to have the first version of the software available by the beginning of the first quarter of 2017.
Product User Acceptance Criteria:
The process of inventory automation at the end of the project will have multiple benefits:
1.
The first will be the ability of a field technician to cost off inventory from a computer in the field which will then reorder automatically resupplying the technician.
2.
The project will cut down on wasted time having technicians manually keeping track of their inventory. This will cause a 10% increase to their productivity.
3.
The automated inventory process will reduce the lost and unaccounted inventory by 10% which will save millions.
4.
The need for.
VoIP Implementation WBSTask NameDurationStart DateEnd DatePredeces.docxjessiehampson
VoIP Implementation WBSTask NameDurationStart DateEnd DatePredecessors% CompleteStatusAssigned ToCommentsStartFinishCritical1. Intiation14d10/02/1910/15/1999%CompleteJevin 1.1 Recommendation & evaluation3d10/02/1910/04/19100%CompletedJenny 1.2 Project chart Deveelopment2d10/05/1910/06/19100%CompletedJenny 1.3 Outline of deliverable2d10/07/1910/08/19100%CompletedMark 1.4 Stakeholders analysis3d10/09/1910/11/194100%CompletedJoe 1.5 Charter signed by Authority4d10/12/1910/15/1995%In ProgressJoe2. Planning22d10/16/1911/07/19 2.1 Make a scope management2d10/16/1910/17/190%Not StartedJudy 2.2 Design the project team4d10/18/1910/21/090%Not StartedMolly 2.3 Intial meeting to boost the project3d10/22/1910/24/190%Not StartedMolly 2.4 Development of project plan2d10/25/1910/26/19130%Not StartedJudy 2.4.1 Create the schedules2d10/27/1910/28/190%Not StartedAlex 2.4.2 Analysis the critical path3d10/29/1911/01/190%Not StartedAlex 2.5 Submission of Project plan4d11/02/1911/05/190%Not StartedTim 2.6 Approval for project Plan2d11/06/1911/07/19120%Not StartedTiana3. Designing20d11/08/1911/27/19 3.1 Meeting to boost the team2d11/08/1911/09/190%Not StartedMandy 3.2 Verify the user requirements3d11/10/1911/12/190%Not StartedMandy 3.3 Designing of system4d11/13/0911/16/190%Not StartedKathy 3.4 procurement of software and hardware3d11/17/1911/19/190%Not StartedKathy 3.5 Installation of development system2d11/20/1911/21/190%Not StartedTim 3.6 Initiate testing3d11/22/1911/24/190%Not StartedHarry 3.7 Installation of live system2d11/25/1911/26/19200%Not StartedHarry 3.8 Training of users1d11/27/1911/27/190%Not StartedTiana4. Control20d11/28/1912/18/19 4.1 Management of Project4d11/28/1912/01/190%Not StartedMolly 4.2 Meetings to track the status of the meeting4d12/02/1912/05/190%Not StartedMolly 4.3 Risk management8d12/06/1912/13/190%Not StartedManoj 4.4 Updation of project management plan5d12/14/1912/18/190%Not StartedMandy5. Closing11d12/19/1912/29/19 5.1 Audit procurement4d12/19/1912/22/190%Not StartedAlisha 5.2 Updating and revision of documents2d12/23/1912/24/19300%Not StartedPrem 5.3 Update records and files2d12/25/1912/26/190%Not StartedHari 5.4 Receive the acceptance formally1d12/27/1912/27/190%Not StartedJames 5.5. Archieve Documents and files2d12/28/1912/29/190%Not StartedJames
Comments
Running Head: PROJECT PLAN-BUSINESS REQUIRMENT DOCUMENT 1
PROJECT PLAN-BUSINESS REQUIRMENT DOCUMENT 21
Project Plan-Business Requirement Document
CIS 599 Graduate Info Systems Capstone
Abstract
After finishing project plan inception with introduction Docume ...
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RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Pmp exam q&a
1. 10 PMP Questions
1. Your company provides specialized IT support services for firmware upgrades. Your
country’s government has passed regulations stating that firmware of all
telecommunication equipment must be upgraded to support IPv6. A government
agency has approached your company to upgrade the firmware of all installed
equipment at the major airports in the country. For your company, this project is a
result of which of the following:
A) Market demand
B) Strategic opportunity
C) Customer request
D) Legal requirement
Anwer: C
Hint: The government agency is asking your company to do a project.
PMBOK Guide 5th Edition, page 69
This is a tricky scenario and the answer is at first a bit surprising. Let’s look at this from the point of
view of both the government and your company:
The government agency approached your company to do this project because they are bound by their
own regulations. So for the government, this project was initiated as a result of their own legal
requirement.For your company, however, the project is initiated by a customer request.
Remember that you don’t own the airports nor the equipment installed there so you don’t have a legal
requirement to update the firmware. The government, on the other hand, owns the airports/equipment
and is therefore asking you to perform this update. In this case, the government is a customer like any
other customer and you are doing this project as result of their request.
2. Nancy is the project manager for a project that will be closing shortly. During a quality
inspection, Nancy detects that the project team has added additional features to one of the
project deliverables that was not authorized. However, Nancy believes that these new
features will add to customer satisfaction. What is Nancy’s best alternative in this situation?
A) Submit a change request to remove these additional features
B) Accept these additional features and proudly present them to the customer
C) Ask the project sponsor for his opinion
D) Ask the customers for their opinion
2. Answer: A
Hint: Unauthorized feature additions are called gold-plating and this needs to be avoided.
Unauthorized feature additions are called gold-plating and this needs to be avoided. If such features have
been included, they need to be removed using a change request, even if they add to customer satisfaction.
Every project must conform to its approved requirements; nothing more, nothing less.
PMI Code of Ethics and Professional Conduct:
http://en.wikipedia.org/wiki/Gold_plating_(software_engineering)
3. Marilyn’s project is behind schedule. Marilyn opens her scheduling tool and adjusts some
leads and lags in order to fast track the project. As a result, the project is aligned with the
current time constraint. However, when Marilyn uses the “Level Resources” feature, the
project finish date again goes past the time constraint. What is Marilyn’s best option?
A) Marilyn must make sure that she did not make a mistake when using the “Level Resources”
feature
B) Marilyn must not use the “Level Resources” feature after fast tracking the project
C) Marilyn must crash the project after fast tracking it
D) Marilyn must issue a change request
Answer: D
Hint: When the “Resource Leveling” feature delays a project, it means that the resources were over-
allocated.
When the “Resource Leveling” feature delays a project, it means that the resources were over-allocated.
Completing the project on time at the cost of over-utilizing the resources, and especially human resources,
is not ethical. If fast tracking followed by resource leveling does not help in reducing the project time
requirements, Marilyn must consider issuing a change request to obtain additional resources or get the
project deadline extended.
PMI Code of Ethics and Professional Conduct, Honesty
PMBOK Guide 5th Edition, page 179
4. You are managing an automated security system design project. You now want to analyze the
relationship between the consumption of project funds and the physical work being
accomplished for these expenditures. Which of the following should you have completed
before you can perform this activity?
A) Deliverables
B) Reserve Analysis
3. C) Trend Analysis
D) Project Funding Requirements
Answer:D
Hint: The scenario describes an activity in the Control Costs process.
Did this question confuse you? If yes, then you first need to decipher it. The activity that you want to carry
out is an example of which project management process? The Control Costs process. Once you realize this,
you will see that “Project Management Plan”, “Project Funding Requirements” and “Work Performance
Data” are important inputs to the Control Costs process.
PMBOK Guide 5th Edition, page 215
5. You have just been assigned as the project manager for a process improvement project. You
have broken down your project work into a number of work packages including stakeholder
interviews, surveys, statistical analysis, flow charting of the current processes, analysis of the
processes, cost estimations, and recommendations. You are currently performing the Plan
Quality Management process. Which quality technique should you use during your project
and in your Quality Management Plan if you wish to analyze all the possible process points of
failure and the potential impact they may have?
A) Kaizen approach
B) Total Quality Management (TQM)
C) Failure mode and effects analysis
D) Six Sigma
Answer: C
This technique was formally introduced in the late 1940′s for military use by the U.S. Armed Forces. It was
later used for aerospace/rocket development to avoid errors in small sample sizes of costly rocket
technology. An example of this is the Apollo space program.
Failure modes and effects analysis (FMEA) is a procedure in operations management for analysis of
potential failure modes within a system for classification by severity or determination of the effect of
failures on the system. Failure modes are any errors or defects in a process, design, or item, especially
those that affect the customer, and can be potential or actual. Effects analysis refers to studying the
consequences of those failures.
en.wikipedia.org/wiki/Failure_mode_and_effects_analysis PMBOK Guide 5th Edition, page 540
6. You are in the executing phase of your project. You have spent a lot of time negotiating for
the best human resources but the people you have obtained do not have the expertise
4. necessary to complete the project activities, according to the Project Management Plan.
What is the first thing you should do to try to remedy this situation?
A) Update the Human Resource Management Plan
B) Issue a change request
C) Renegotiate for the required human resources
D) Provide training to the under-skilled human resources
Answer:A
The scenario says that you were unable to acquire a project team according to your plan.
Renegotiating is not a good option as you have already acquired resources. You only issue a change
request when there is a required change in the project baselines. You will also most likely need to provide
training to your under-skilled staff. However, the first thing you need to do is to update the Human
Resource Management Plan to reflect your current staff’s expertise levels and training requirements.
PMBOK Guide 5th Edition, page 272
7. You are managing a telecom project. You have two teams reporting to you. One team is
responsible for equipment installation and the other team is responsible for commissioning
and testing the equipment. Both teams are working in parallel so that as soon as the
installation team finishes equipment installation at one site, they move on to another site for
installation. This allows the commissioning and testing team to start their activities on the
newly installed site. The reporting structure is such that each of the teams has five engineers
and a separate team lead. Each team member interacts with each other but only the team
leads interact with you. Both team leads also interact with each other to synchronize their
operations. How many communication channels do you have on your project?
A) 33
B) 23
C) 42
D) 78
Calculate communication channels for each team and add them together.
This was a difficult question wasn’t it? Let’s analyze the scenario to calculate the answer. We have two
independent teams. Each team has six members (five engineers and one team lead). Each team
member is interacting with each other so communication channels for each team are (6)*(6-1)/2=15.
And because we have two teams like this, the total is 2*15=30. Both team leads are communicating
with you so there are two communication channels for this interaction. In addition, because both team
leads are interacting with each other, there is one additional communication channel. Therefore, the
total communication channels on your project is 30+2+1=33.
PMBOK Guide 5th Edition, page 292
5. 8. Rhonda’s project is half-way complete. None of the project risks have occurred and none of
the contingency reserves have been used. Rhonda finds a few new risks to the project that
were not added to the risk register during the planning phase. Rhonda quickly calculates the
expected values of these risks and requests management to increase the contingency reserve
by the amount required to manage these new risks. What’s wrong with Rhonda’s approach to
dealing with risks?
A) Rhonda should not have requested the increase
B) New risks must be managed with the available management reserves
C) Rhonda should have done a reserve analysis first
D) Rhonda should have first used the contingency amounts for those risks that did not occur
Answer: C
If new and unidentified risks occur, they are managed using management reserves (after management
approval to use the funds). However in this case, the new risks have not occurred, they have only just
been identified.
In this scenario, new risks have been identified. Rhonda can request an increase in the contingency
reserves after she carries out a reserve analysis to determine if the additional funds are indeed
required.
PMI Code of Ethics and Professional Conduct, Responsibility
PMBOK Guide 5th Edition, page 352
9. You are managing a construction project. You have outsourced the labor workforce to a
contractor using a Time and Materials contract. As per the contract, your contractor is
claiming $10 per hour for labor and an average of 10 hours a day per each labor resource
provided. You know that on average only 8 of these 10 hours per day were actually
productive time spent on the project. However, your contract doesn’t state anything
specifically about charging for unproductive time. You now have a hold on all of the
contractor’s invoices until you reach a resolution. Which of the following might be a factor
contributing to this situation?
A) Your contractor is being unreasonable
B) You are being unreasonable towards the contractor
C) You have not drafted the contract properly
D) You have not negotiated the contract properly
Answer: C
Why doesn’t your contract say anything about this?
Don’t get distracted by the scenario. The scenario may put you in the shoes of the project manger, but it
does not mean that you are always right! Assume that you are not the project manager for a moment. In
that case you cannot resolve this dispute in any party’s favor just with the information given. However, you
6. can easily spot the weakness in the contract since it should have clauses regarding issues such as these.
PMBOK Guide 5th Edition, page 364
10. You are running a public library construction project in which two key stakeholders are in
continuous conflict with each other over location and design of the building. As a project
manager, you have spent many hours resolving their conflicts, but it isn’t getting any better.
What should you do next?
A) Refer to the Project Charter for the escalation process
B) Refer to the Communications Plan for the escalation process
C) Involve the core project team
D) Involve the sponsor
Answer: B
The Communications Plan contains the information about the escalation process.
If a project manager cannot resolve the conflict between stakeholders, he/she should escalate the issue
based on the escalation process listed in the Communications Plan.
PMBOK Guide 5th Edition, page 406