question archive You have recently been assigned as a program manager to implement an ERP solution in your organization
Subject:Project ManagementPrice: Bought3
You have recently been assigned as a program manager to implement an ERP solution in your organization. Initially, the team will only work on five key modules in the first phase of the project. The second phase of the project has not been approved yet. You have estimated that three of the modules will take ten days each, and the remaining two will be completed in fifteen days each. It is not possible to work on these modules in parallel. What would be the approximate duration for the first phase of your project?
Fifty-five to sixty-five days
Fifty days
Ten days
Ninety days
20)
Which of the following details can be obtained from the Stakeholders Engagement Assesment Matrix?
The current level of engagement of a stakeholder.
The skill levels of each stakeholder.
The relationship between stakeholders.
The communication needs of a stakeholder.
21)
You just completed developing the schedule for your project and got the approval from stakeholders and the sponsor. One of the team members assigned to work on a critical component informs you that she needs additional time to complete her activities as several relevant pieces were missed during planning. Her updated estimate would have no impact on the critical path; thus, the project duration would be the same. The best approach the project manager may take in this situation will be:
Find a replacement for the resource who can complete the task within the allocated time.
Inform the resources that it is too late for any kind of change in the project schedule.
Inform the resources that it is OK as you have sufficent schedule reserve to handle this kind of situation.
Updaate the project schedule and other relevant plans to reflect the new estimate.
22)
In which of the following contract types does the buyer have least cost risk?
Firm Fixed Price.
Time and Materials.
Cost Plus Fixed Fee.
Cost Plus Award Fee.
23)
Your project currently has ten more people assigned to the team besides you. As your project is getting delayed, management wants you to add four additional team members to your project at the end of the month. How many more communication channels will you have once the additional team members are added?
55
50
105
160