A project manager for a projectized organization is notified that a team member is ill and will be out for an extend period of time. This team member is the only person with a key skill set.
Which of the following should the project manager notify FIRST regarding the team member's absence? A. Project sponsor B. Human resources office C. Budget office D. Project team
A company has decided to bring in outside consultants to assist with the risks that have the greatest effects.
The consultants will take ownership of those risks and will be contractually liable if the impact is greater than a predetermined cost value. Given the information in the table below:
Which of the following risks have the GREATEST effect? A. 1, 2, 3 B. 1, 2, 5 C. 1, 3, 5 D. 2, 4, 6 E. 4, 5, 6
A project manager is overseeing a project to analyze large amounts of data to find customer preferences. The large data sets are hosted by an external provider, and the project manager is concerned about losing access to the data.
Which of the following documents is appropriate for use in this situation? A. Project schedule B. Risk register C. Action item log D. Issue log
Which of the following activities is MOST likely to be completed in the closing project phase? A. Operational training B. Testing deliverables C. Updating the scope statement D. Performing a final quality check
A project sponsor no longer wants to receive email communications and insists on physical paper copies.
Which of the following BEST describes this situation? A. Cultural differences B. Personal preferences C. Intraorganizational differences D. Technological factors
A functional manager pulled a resource from a current project to work on a higher-priority project but did not offer a backfill resource.
Which of the following should the project manager do FIRST? A. Report the project as at risk and share the issue with the project team. B. Meet with the functional manager to discuss the issue. C. Delay the task in the schedule and inform the sponsor. D. Open a change request to reduce the project scope.
A sensitive project requires activities to occur with very specific, to-the-minute timing. Which of the following would BEST ensure on-time delivery? A. Text messaging B. Face-to-face activity monitoring C. Video conferencing D. Voice conferencing
A project portfolio will MOST likely align to: A. consumer demand. B. corporate strategy. C. lessons learned. D. PMO guidelines.
Correct Answer: B
Explanation:
Explanation:
Programs and projects within a portfolio are not necessarily related to one another in a direct way. And projects may independently exist within the portfolio (in other words, the project isn’t related to a program but belongs to the portfolio). However, the overall objective of any program or project in a portfolio is to meet the strategic objectives of the portfolio, which in turn should meet the strategic objectives of the business unit or corporation.
A politically sensitive project is being proposed. The sponsor decides to outsource the work despite having a highly capable team.
Which of the following BEST describes the risk mitigation strategy being used? A. Acceptance B. Avoidance C. Transference D. Exploitation
During a meeting, a new member of the PMO says, "If this project fails, then the portfolio fails, and the program as a whole ultimately fails."
Which of the following errors is the new PMO member making? A. The new PMO member has not review the intra organizational strategy. B. The new PMO member does not realize that although a project can fail, a program cannot, as it contains all projects in a company. C. The new PMO member has confused the relationship between portfolio and program. D. The new PMO member has not had an opportunity to review the company's project list.
Correct Answer: C
Explanation:
Explanation:
Projects are sometimes managed as part of a program or portfolio. A program is a group of related projects that are managed together using coordinated processes and techniques. The collective management of a group of projects can bring about benefits that wouldn’t be achievable if the projects were managed separately.
Portfolios are collections of programs, subportfolios, and projects that support strategic business goals or objectives. Unlike programs, portfolios may consist of projects that are not related.
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