A product implementation project has a baseline schedule that indicates it should be complete within 30 days using three internal resources. As it nears completion, the project manager learns that one resource has left the project team. The sponsor approves
hiring an external resource at an additional cost.

To determine if the contingency reserve will be required, what should the project manager calculate?


A. Budget at completion (BAC)
B. Variance at completion (VAC)
C. Estimate at completion (EAC)
D. Cost variance (CV)

During the third year of a companys multiyear project, a small company is acquired. New project stakeholders are now identified, who begin suggesting several project changes.
What should the project manager use to manage these stakeholders recommendations?


A. Change log
B. Project charter
C. Stakeholder register
D. Risk register

A projects cost performance index (CPI) is 1.05 and its schedule performance index (SPI) is 0.95. Based on this information, what is the result of the project?


A. Behind schedule and over budget
B. Behind schedule and within budget
C. Ahead of schedule and within budget
D. On schedule and over budget

An issue requires the execution of the projects contingency plan, which impacts the schedule. What should the project manager do?


A. Initiate a risk audit.
B. Issue a change request.
C. Review the cost impact.
D. Update the contingency plan.

Midway through project implementation, stakeholders lose confidence in project management and want to withdraw. What should the project manager use to maintain and improve relationships with the stakeholders?


A. Interactive communication
B. Detailed project status reporting
C. Pull communication
D. Power/influence grid evaluation

A project has a time and material (T&M) contract with a third-party vendor. The project manager discovers that the law has changed, and that the current terms and conditions are no longer valid.
What should the project manager perform next?


A. Claims Administration
B. Conduct Procurements
C. Control Procurements
D. Manage Stakeholder Engagement

A project team member encounters an issue and identifies a workaround, but fails to inform the project manager. Two weeks later, a similar issue occurs that impacts the project.
What could have prevented this issues reoccurrence?


A. Documenting the organizational process assets
B. Revising the responsibility assignment matrix (RAM)
C. Performing a root cause analysis
D. Updating the risk register

During the deployment of a new system, an unexpected power outage occurs. What should the project manager do?


A. Perform a qualitative risk analysis.
B. Assess the risk probability and impact.
C. Categorize the risk, and update the assumptions log.
D. Refer to the risk register, and inform key stakeholders.

A project manager is managing a complex project under adaptive conditions. The project must deliver a new technology in a highly competitive environment, and the project owners can change the project requirements to fit this changing environment.
What should the project manager do to mitigate the possibility of the changing cost of risks?


A. Regularly analyze the contingency reserve.
B. Frequently examine the management reserve.
C. Submit regular change requests for additional funds to manage new risks.
D. Stop project owners from changing project requirements to prevent scope creep.

An approved change request adds an incentive to a lump sum contract if the contractor is able to maintain the current baseline schedule. What should now be updated?


A. Scope baseline
B. Project management plan
C. Cost baseline
D. Schedule baseline