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You work as a Project Manager for Tech Perfect Inc. Several projects are running under your supervision. Martha, a team leader of a project, informs you about the performance indexes of her project. The schedule performance index (SPI) of her project is 0.835. What does this figure indicate?
According to the question, the SPI of Martha's project is 0.835. This figure is less than 1.
Hence, it shows that the schedule performance is
below expectation.
What is SPI?
Schedule performance index (SPI) is the measure of schedule efficiency on a project. It is used in
trend analysis to predict
future performance. SPI is the ratio of earned value to planned value. The SPI is calculated based on
the following formula:
SPI = Earned Value (EV) / Planned Value (PV)
If the SPI value is greater than 1, it indicates better than expected performance, whereas if the value
is less than 1, it
shows poor performance. The SPI value of 1 indicates that the project is right on target.
Answer options B and A are incorrect. An SPI value of 1 or above indicates that the schedule
performance is either right on target or better
than expected.
Answer option C is incorrect. SPI has nothing to do with cost performance.
You work as a project manager for BlueWell Inc. You are creating the activity list for the project. The activity list is based on the work packages defined in the project's WBS. Activities provide a basis for all of the following information except for which one?
The project's scope baseline is not derived or provided by the project's activity list. The
scope baseline is made of the project's WBS, WBS
Dictionary, and the Project Scope Statement. The activity list provides for estimating, scheduling,
executing, and monitoring and controlling the
project work.
The scope baseline is an element of the project management plan. The contents of the scope
baseline include the following:
Project scope statement: It includes the product scope description and the project deliverables, and
defines the product user
acceptance criteria.
WBS: It defines each deliverable and the decomposition of the deliverables into work packages.
WBS dictionary: It contains the detailed description of work and technical documentation for each
WBS element.
Answer option D is incorrect. Estimates do provide a basis for creating time and cost estimates.
Answer option B is incorrect. Activities are executed in the project.
Answer option C is incorrect. Activities are scheduled as part of project planning.
The figure given below demonstrates the communication model for a project. What role does the
component D play in the communication model?
The phone lines are the medium between the sender/encoder and the
decoder/receiver.
The communication model shows the traversal of information between two hosts, known as the
sender and the receiver. The key components
of the model are as follows:
Encode: It is used to crypt or code the message into a language that is understood by others.
Decode: It is used to decrypt the message back into the meaningful codes.
Message and feedback message: It is the output of encoding.
Noise: It is referred to anything, which interferes with the transmission and understanding of the
message.
Medium: It is the method used to convey the message.
In the communication process, it is the duty of the sender to send clear and complete information to
the receiver so that it is properly received
by the receiver, and for confirming that it is properly understood. The duty of the receiver is to make
sure that the information received is
understood and acknowledged properly. A failure in communication can negatively impact the
project.
Answer option A is incorrect. The sender is the person sending the message.
Answer option C is incorrect. The encoder is the outgoing fax machine.
Answer option D is incorrect. The transporter is not part of the communication model.
John works as a project manager of the NHQ Project. He has created the project network diagram as shown in the figure:
Based on the project network diagram, how much float is available for Activity H if Activity B is delayed by four days and Activity E is delayed by two days?
The path of ABEHJ will take 22 days to complete and cannot exceed 28 days or else the project will be late. If Activity B takes four additional days and Activity E takes two additional days, this adds (4+2= 6) six days to the path, bringing the path's duration to exactly (22+6 = 28) days. There is no available float left for Activity D or H. Float or total float (TF) is the total amount of time that a schedule activity may be delayed from its early start date without delaying the project fish date, or violating a schedule constraint. It is calculated by using the critical path method technique and determining the difference between the early finish dates and late finish dates. Answer options B, C, and D are incorrect. There is no float available because the path's duration has increased to 28 days.
Bonnie is the project manager for her organization. She is developing a strategy to manage the project stakeholders. She wants to identify the key stakeholders, their influence over the project, their interest in project, and an assessment of methods. What can Bonnie create to gain support from the stakeholders in her project?
A stakeholder analysis matrix is a simple table that identifies stakeholders, their attitude towards the
project, their perceived threats and concerns, and strategies the project manager can use to gain
stakeholder support and remove obstacles.
Answer option A is incorrect. Stakeholder identification tools are not a precise answer for this
question.
Answer option D is incorrect. The communications management plan is a broad plan and may
reference the stakeholder analysis matrix, but it
is not the best answer for this question.
Answer option B is incorrect. In some cases the project manager could rely on expert judgment, but
in all projects the project manager can
use a stakeholder analysis matrix.
