Assume you have identified your stakeholders and are preparing your stakeholder management plan. You are fortunate that your team is a collocated team as you are working on an internal project to reorganize your IT Department so it is focused more on its customers. The project sponsor is the Chief Operating Officer, and the IT Department Director was surprised as she thought all was well. However, you notice when planning meetings are held, the Chief Financial Officer never attends. You feel since IT affects the entire company, all the senior leaders need some type of involvement. You therefore feel the Chief Financial Officer may be______________

• A.Resistant
• B.Unaware
• C.Uninterested
• D.Satisfied

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You are a project manager responsible for the construction of a new office complex. You are taking over for a project manager who recently left the company. The prior project manager completed the scope statement and scope management plan for this project. In your interviews with some key team members, you conclude which of the following?

• A.They understand that the scope statement describes how the high-level deliverables and requirements will be defined and verified.
• B.They understand that the scope management plan describes how project scope will be defined and verified and used to control project scope.
• C.They understand that the scope management plan is deliverables oriented and includes cost estimates and stakeholder needs and expectations.
• D.They understand that the scope statement assesses the stability of the project scope and outlines how scope will be verified and used to control changes.

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You are in the process of estimating the number of work periods that will be needed to complete individual schedule activities. All of the following are tools/ techniques you can use EXCEPT:

• A.Estimating duration by multiplying the quantity of work to be performed by productivity rate
• B.Estimating duration from a previous, similar schedule activity based on historical information and expert judgment
• C.Estimating duration by calculating the average of three duration estimates (most likely, optimistic, pessimistic)
• D.Estimating duration by calculating multiple project durations with varying sets of activity assumptions usingMonte Carlo analysis
• E.Estimating duration by using contingency reserves

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All the following statements about Cost Baseline are correct EXCEPT:

• A.It is used to measure and monitor project performance
• B.It is a time phased budget
• C.All projects have one cost baseline
• D.To measure disbursements, a spending plan can be used as a cost-baseline

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Due to increased price volatility a vendor asks the project manager to make a price change that will affect the project contract What should the project manager do next?

• A.Execute the approved change
• B.Evaluate the impact, then update the risk register project management plan and budget
• C.Ask the change control board (CCB) for approval
• D.Submit a change request and analyze the impact

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