DRAG DROP
RISK
The following risk has been recorded:
“There may not be enough participants for the pilot courses to justify the continuation of the project.”
The recommended risk response is to improve the marketing campaign, and a risk budget exists to fund the response.
Here are three risk actions related to this response?
Which role (A-F) should be responsible for each action?
Choose only one role for each action. Each role can be used once, more than once, or not at all.
Select and Place:
Which of the following represents the four key characteristics a good Project board should display?
A. Authority, Credibility, Commitment, Availability
B. Authority, Credibility, Delegation, Availability
C. Authority, Availability, Connections, Delegation
D. Authority, Credibility, Connections, Delegation
Who is responsible for reviewing the risk management practices to ensure they are in line with the project's risk management strategy?
A. Project Support
B. Project Manager
C. Team Manager
D. Project Assurance
Who is responsible for the initial creation of the Configuration Item records?
A. Project Manager
B. Team Manager
C. Project Assurance
D. Project Support
During a work package the Team manager needs to keep the project manager informed, which management product is used for this?
A. Highlight report
B. Checkpoint Report
C. Issue Report
D. End Stage Report
The change control approach defines how products should be controlled and protected during the project. The accreditation of the 'classroom-based training materials' was planned to take place during stage 2. At the end of the stage, the configuration item record shows that the 'classroom-based training materials' have been accredited. However, the project manager decides to request an audit of the product as well.
Is this appropriate, and why?
A. Yes, because the project should verify that the recorded status reflects the actual status of the products.
B. Yes, because the change control approach should specify how the configuration item records are approved.
C. No, because the project manager should ensure that the change control approach is tailored to the project.
D. No, because the issue management and change control procedures can be treated as separate, but related, procedures.
The project is now in stage 2. The 'training venue specifications' will not be delivered to schedule and the stage is forecast to exceed its time tolerance. As a result, the project manager has agreed with the team manager that the 'training venue specifications' will be delivered in stage 3 instead of stage 2.
Is this an appropriate action, and why?
A. Yes, because the project manager should recommend corrective actions required.
B. Yes, because moving the work enables stage 2 to be delivered within tolerance.
C. No, because the team manager should inform the project manager by raising an issue.
D. No, because the stage deviation should be referred to the project board for a decision.
Which 2 statements explain why the Sales Manager should be appointed as User Assurance for this project?
A. He joined the company last year with huge enthusiasm and is keen to increase sales.
B. He can provide an evaluation of the potential impact the calendar will have on sales.
C. He is able to advise on suitable stakeholder engagement of current and prospective customers.
D. He would like to move into the Marketing department in the future and sees this as an opportunity to work closely with the Marketing Director.
E. He can resolve any conflict in requirements between the Sales department and the Marketing department.
The `classroom-based training materials' will be used as the basis for developing the `e-learning course'. As a result, the executive wants to ensure that the `classroom-based training materials' are of the required standard. The executive has asked to meet the project manager every day during stage 2 to discuss progress and identify any concerns regarding quality.
Is this an appropriate approach to applying the organization theme, and why?
A. Yes, because the executive should be available to provide ad hoc direction to the project manager.
B. Yes, because the executive should be the key decision-maker on the project, supported by other project board members.
C. No, because the senior user should be responsible for specifying the quality criteria for the training materials.
D. No, because the project manager should be given authority to manage the project on a day-to-day basis.
The executive has set the following tolerances for stage 2:
Time (+/- 1 week)
Cost (+/- ?0,000)
Scope (using MoSCoW prioritization technique)
Risk (based on the risk appetite defined in the risk management approach)
These tolerances have been recorded in the stage plan. The project manager will report progress regularly via highlight reports to the project board and use exception reports to raise exceptions. In addition, the project assurance role will
monitor the stage to provide confidence to the project board that exceptions are being reported.
How well does this apply the `manage by exception' principle, and why?
A. It applies the principle well, because tolerances should be set for the related aspects of project performance for each stage.
B. It applies the principle well, because the project manager needs to control the project using discrete management stages.
C. It applies the principle poorly, because tolerances should be set for each stage against each of the six aspects of project performance.
D. It applies the principle poorly, because it is the regular reporting of progress that should give the project board the required confidence.
