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arise in the team on both technical and interpersonal levels. What is an appropriate way of
handling conflicts?
● Conflicts should be addressed early and usually in private, using a direct, collaborative
approach.
2
stakeholder’s needs and expectations.
requirement—scope, time, or cost—will at least influence one other element.
● Triple constraint
The product from the project is forecasted to create revenues of $ 250 , 000 in the first year after the
end of the project and of $ 420 , 000 in each of the two following years.
● The net present value is negative, which makes the project unattractive.
5
● A specific sequence of work, described in terms of soft logic.
6
● Stakeholder communication requirements
organizational cultures and styles.
● Individual traits and attitudes of co-workers
element of active listening?
● Interrupting when appropriate
You used it to make a sequence of measurements directly at a production process output
and depicted the results on the following control chart. Which statement is the best
conclusion from these results?
9
lessons learned from quality control with stakeholders. What should you do with them?
10
● Document them and make them part of the historical database for the project and the performing
organization.
1 .
● The RACI matrix , describing accountabilities in case of product rejection.
12
● Change management can be planned in a set of management plans or a specific change
management plan.
13
14
● Lessons learned should focus on identifying those accountable for errors and
failures.
project team members?
1
● By observation and communication
processes from identify risks through plan and implement risk
responses to monitor risks?
16
● Risk register
common understanding of the procurement process and of the needs of your project. Which
technique may help you save time?
24 Bidder conferences
25
● When you decide upon recognition and awards during team development.
relating to project work and deliverables and to the level of overall complexity. What should you do
right now?
26 Organize meetings to identify and resolve misunderstandings between team members in order
to avoid interface problems, disintegration and costly rework early in the project
performing organization, but you sense a high level of resistance in various stakeholders right
from the start. What is the most appropriate action to resolve the problem?
27
● Schedule a meeting with these stakeholders to present the project, discuss and establish ground
rules, ensure their involvement and identify initial personal and organizational issues.
varying objectives and requirements. This makes it hard to come up with a plan with which all
objectives will be met. What is probably most helpful to ensure common understanding?
2
8 Ask the project stakeholders to build focus groups in order to discuss and remedy conflicting
interests.
reasons?
29
30
● Forward and backward pass analysis
making fast progress, and it is getting nearer to the day of product acceptance. Which technique
will be most important for product acceptance?
31
32
● Prevention costs – appraisal costs – failure costs
deep crisis. The project’s goal and objectives have been challenging right from the start, but now
you have discovered that your team members have become increasingly unaware of them. Being
busy solving detail problems, they often fail to understand the overall requirements. Then they
develop solutions which resolve issues in their area of limited responsibility, while causing new
problems at the interfaces with other system components. Meanwhile, the team members show
signs of growing frustration, and time is running away. How can you help your team in this
situation?
3
independence to interdependence.
SPI: 1. 12 BaC: $ 9 , 650 , 000
What is the earned value of the project?
the technical drawings. On an ad-hoc base, they had to find and implement a workaround to
avoid delays and mitigate technical problems. What should you do next?
project management plan, which will then be passed to the body responsible for the change
control decision.
developed. What is an appropriate next step for you?
3
● Develop management plans.
plan and develop consensus on it. Another topic will be explanation of each team member’s role.
In addition, you planned some time for discussions. You published the agenda of the kick-off
meeting some weeks ago to all invited attendees. Now, short term before the event, you receive
various cancellations by team members, who say that they cannot join the meeting. But they will
be with you when project work will start.
● You should insist on the presence of the team members to the appointed date.
following parameters:
Target cost: $ 1 , 000 , 000 Target contractor fee: $ 100 , 000 Cost benefit
sharing ratio: 80 %/ 20 % Price ceiling: $ 1 , 200 , 000
What is the point of total assumption ( PTA , breakpoint ) of the project?
47
● WBS dictionary, WBS, scope statement
qualified for their tasks. Which may be an appropriate solution to this problem?
4
● Develop a training plan
49
50
● ...assigning responsibilities for change control and documentation.
implement the performing organization’s quality policy
52
53
● They must be properly trained.
54
has developed a risk management plan, identified many risks, analyzed them and planned for
risk response. It is now two months later. What should you not do?
55 Ensure that they handle all risks to save you from project level risk control.
56
● Variables sampling includes collection of quantitative data on the degree of conformity for each
item of a sample.Notes
5
7 ...the significance of the person versus that of the group.
58
● Change requests are always a sign of bad planning and should therefore be avoided.
project. You then created the following resource histogram for your staff: 100% 0%
Project weeks
What does this diagram tell you?
5
9 The project can probably not be finished as scheduled.
members is dropping, while others are doing a consistently good job. This is endangering overall
project progress. What should you try first to bring the team as a whole back to performance?
6
6 Research causes for bad performance, solicit systematic feedback and search for solutions
based on that.
situation, you should consider that...
67
● ...key stakeholders must have timely and complete information regarding your qualifications to
make decisions regarding your suitability for the assignment.
project, you are guiding your project team through the first life-cycle phase of
conceptualization. Your next step is to call for a team meeting to let ideas emerge in an
unrestricted creative process. What exactly should that look like?
6 You creatively gather thoughts and ideas without any discussion or frowning. These ideas are
only filtered and structured after the end of the brainstorming session.
baselines?
69
● Releasing only approved changes for incorporation into products or services.
70
● The communications management plan describes the information delivery needs including
format and level of detail.
71
● Budget estimate
72
● Excessive team member commitment
cumulative likelihood distribution for the duration of a project: What kind of conclusion can you
draw from the information depicted in it?
73
● The likeliness that the project team will meet the deadline or will finish earlier is at 80 %.
100 %Deadline 0 %duration
of document do you now need, among others, to better understand and then be able to
improve the situation?
74
estimates on direct costs for an offer on a firm fixed-price contract. According to company
policies, indirect costs (overheads) are to be calculated as a percentage of the direct costs, the
sum of both cost types caused him to calculate a far too high price. How should you not react?
75 You reduce your direct cost estimates by reducing the amount of work and the rates
allocated to them. This allows a reduction of the overhead costs and a lower price
76
● ...authorizes the project and the use of organizational resources to meet project
requirements.
contingency reserves is part of which risk response strategy?
7
● Active risk acceptance
as a team?
78
79
● Changes in projects under contract are called constructive changes if they yield benefits for
both parties.
budgeting you discovered that there are peak times of costs during the project and other
times when costs are fairly low. What could this mean for the project?
80
for cost peaks in your project, and you may have to level out expenditures over time.
you. What should you investigate during the chartering process?
81 Enterprise environmental factors
current figures have been assessed:
88
contractually granted a three years warranty period for the product of the project. What should
you do first?
● Changes on the product can affect warranty clauses. Ensure that these clauses are aligned with
the final specifications.
you developed a risk management plan and identified risks which you documented in a risk
register. Then, the risks were analyzed and response was planned. During risk control meetings,
it gets obvious that the documents you created are not very helpful. What have you probably
done wrong?
9
0 You did the first processes alone..
should master?
91
● Project culture
Post-mortem analysis after scheduled finish date of a project shows a CPI of 0. 8 and an SPI of
9
2 The project was terminated early. At that time, it was over budget and ahead of schedule.
project by use of milestones only with durations between 1 and 4 weeks. What do you think?
● The approach is erroneous. A milestone is a significant point with zero duration to highlight
achievements.
of two activities. The following duration uncertainties are all calculated assuming a ± 3 sigma
confidence interval. The duration uncertainty—defined as pessimistic minus optimistic
estimate—of the first activity is 18 days; the second estimate has an uncertainty of 24 days.
Applying the PERT formula for paths (beta distribution), what is the duration uncertainty of the
entire path?
● 30 days
a project to build a sub-station that is part of a major electric power distribution system. The
decision to run the project has been made before your assignment and without your
involvement. Some basic decisions on deliverables, staffing, budgeting and on the
completion date have already been made as well. What should you do first?
organization and documents the initial decisions.
● Comparing the relative importance of variables that have a high degree of uncertainty with
those that are more stable.
97
● Triple constraint
amendments. Meanwhile you are afraid that the big number of Deltas may cause inconsistencies
and make you unable to understand the current system configuration. What should you do?
9
8 Revise the baseline.
compensation or payment under a legally binding contract, such as a disputed change,
is often referred to as a____.
99
● Claim
100
● the project team
cost and schedule risks of your project. During risk control , you repeat the technique, and it
leads to different results. What should not be the reason for that?
● Some dummy activities in the network logic have an element of uncertainty, which gets
bigger over time. While the project proceeds, it gets even harder to predict how the team
members assigned to them will perform.
in the cost baseline:
You expect the underestimation to influence the future as much as it did in the past.
If the value of the remaining work ( BAC – EV ) is at $ 1 , 000 , 000 , what should be your new EAC
( estimate at completion )?
109
acceptance of the completed project scope and deliverables.
solution. All deliverables have been handed over and are already in use by the company. There
is a minor last payment to be made by the customer on contract closure. You believe that it is
now getting time to finally close the contract with the customer and then administratively close
down the project.
You approached the customer this morning and found that they are reluctant to finally close
the contract. But you do not exactly understand why. What should you not do?
software. They will come back to you anyway after some weeks to terminate the contract and
make the last payment.
reluctant to finally accept all deliverables and then close the project. What should not be your next
step in this situation?
What does this mean?
budget at completion ( BAC ). Management has told you that they cannot make additional funding
available. You have to increase cost performance so that the project will be finished with costs not
exceeding the original BAC. Which metric describes the future performance to meet this objective?
processes?
output. Which is the best approach to raise team productivity in a project?
122
developmental.
gates.
What is this telling you?
schedule and on budget
does this mean for earned value data?
earned value analysis.
126
127
128
you?
130
by the project management team.
motivators in order to boost morale and team performance. What does that mean? The motivators
used…
equipment for a customer. Your organization took over the obligation to solve certain problems if
they come up during a contractual warranty period of one year after start of production. What do
you not have to consider during the warranty period?
failure.