You have replaced an earlier project manager in a project. But it is recommended to take the test when you are ready for best practice experience. Practicing from these sources is a sheer waste of time. In such contracts, you, the buyer, needs to pay the seller for all the costs and also an agreed percentage of the cost. Number of questions: 200 Multiple Choice Questions 4. Explanation: All of the statements are true except the statement regarding Quantitative Risk Analysis.
As a senior member in the executive management team, you have tasked project managers within your team to provide cost estimates for a huge project. You decide to make use of Contingency reserves, but your senior manager advises you to make use of the Management reserve. You are managing a software development project in the banking domain. You subscribe to the belief that to get things done and to motivate staff, they must be rewarded with monetary rewards. Your friend, Joe, who works as a project manager in a pharmaceutical company meets you over dinner.
You are in charge of a project to build a bridge across a river. Generally speaking, free tests from the companies selling paid content are reliable. The client has planned a visit the next month to go over the plans for the next phase of the project as well as to meet with the project team. The Achievement Theory of Motivation states there are three types of motivational needs: need for achievement, need for authority and power, and need for affiliation. This is also not about Quality Control, so that leaves us with only two options - Corrective or Preventive actions. One of the subject matter experts reports that there is a possibility of the monsoons to be heavier this year. You and experts in your organization are evaluating if the rail line alignment machinery should be purchased outright or if it would be better to lease.
However tough the problem is, a project manager must not act impulsively by seeking legal action or refuse or immediately start making the changes. Fast tracking is a schedule compression technique, so it too is not the correct answer. As a Project manager, what is the next thing to do? You decide to review the schedule network diagram created by the earlier project manager and realize that the project is 3 weeks behind schedule. Ask management how the new project will use resources B. You and your team are very confident of continuing at the same rate as till now. Work is now in progress, and you and senior management are happy with the work.
Valence - Preference of an employee for a certain reward. Laura has a lot of interest, while Sean is disinterested. Option B is not correct since who performs the work comes from the responsibility assignment matrix and neither is option C the right answer. Employees will put in an effort in direct proportion to the perceived review and reward Explanation: Option A and Option D are related to Expectancy theory; Option B is related to Theory X style of management. External and Internal Failure costs Explanation: All of the above are correct, except option A since hiring costs have nothing to do with Cost of Quality.
While sequencing activities, one of the team members, who is an Architect, indicates that rather than interacting with the database on every activity, you should introduce an activity which would cache the data. Neither is transfer correct as the question does not state that someone else will be responsible for handling the risk. As a Project manager, which is the best course of action? All the risks have been identified and the design phase is just completed. However, you choose to ignore the current work performance and decide to go with what was originally planned. One day, she informs you that some government body has been sending her a lot of queries related to the project and its layout.
Cost-reimbursable contracts are the least risky for the seller since the costs are not fixed and paid at actuals. What would be your best immediate course of action? There are a few projects that are about to start. After going through the details, you have come up with the cost estimates which have been approved to arrive at the cost baseline. You get all relevant stakeholders together and conduct mammoth discussions. Initially, the team member is reluctant to discuss but finally opens up and indicates that the cause of the delays is often different instructions coming in from you as well as the project manager. What could be the root cause of this issue? The project stakeholders want a performance report to date.
You have asked your team members to provide estimates of tasks. Option B is clearly unrelated to this theory, so it is not the correct answer. You decide to check with the progress regarding when development will start. Recently I started to improve my Java programming skills and that's why I decided to take the 1Z0-808 Certification. Hence, this is an example of Preventive action. Your team is in its eighth month of execution.