In: Operations Management
18. As a project manager of a certain project you note that the project cannot proceed as planned due to several issues. In order to ensure the project objectives are met you should take the following measures except:
Select one:
A. Notify the project team about the issues and guiding them to resolve issues
B. Alert the project sponsor about the issues and seeking their advice
D. Change the business case of the project to match the alterations occurred due to issues
19. A technique which can be utilised to identify inconsistencies in the scope of a project is:
Select one:
A. Conduct a variance analysis
C. Inspecting change requests
D. Analysing work performance measurements
20. During the process of scope verification in a major IT project, it was revealed that there is a difference between the expected end products required by the customer and the product description in the project scope definition. What would be the most suitable immediate action to be taken after this discovery?
Select one:
A. Take no action and proceed with the product description in the scope definition
B. Re-evaluate the customer requirements and the product definition in the scope document and attend to any anomalies in consultation with relevant stakeholders
C. Issue a formal change request
25. A project manager aims to explore possible solutions to lower the budget of a project without trading-off time and quality, by conducting a series of discussions with several consultants. This scenario is more accurately depicted by an instance:
Select one:
A. where project manager’s soft skills are more important than the technical skills
B. where a project can be subjected to scope creep
C. where project time and quality is considered to be more important than the cost constraints
D. where the value engineering technique being applied to identify sources of improvement
Ans 18:
Correct answer is D. Change the business case of the project to match the alterations occurred due to issues
All the mentioned options are correct if the project having some issues and to be delayed due to certain issues need to escalate to project team members and top management except the option D which suggest to change the business case of the project.
Ans 19
Correct answer is A. Conduct a variance analysis
A variance analysis is the difference between the actual and planned behavior. This techniques is used to define the degree and criticality of the difference between actual and planned performance of the project.
Ans 20
Correct Answer is B. Re-evaluate the customer requirements and the product definition in the scope document and attend to any anomalies in consultation with relevant stakeholders
this refers to meeting with the customer and try to evaluate what customer actually wants and also to evaluate it in terms of cost,function,value,design etc if it is considerable under the project scope and thus try to correct it and inform about the action taken to all stake holders.
Ans 25
Correct answer is D. where the value engineering technique being applied to identify sources of improvement
Value can be defined as the ratio of function to cost. It's a systematic method to improve the value of products and services by using an examination of function.i.e value can be manipulated either by improving the functions or reducing the cost.