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NEW QUESTION # 13
Why should a project professional complete continuing professional development (CPD)?
Answer: A
Explanation:
Detailed Explanation:
NEW QUESTION # 14
Explain how business-as-usual activities can impact the project schedule, considering each of the following elements:
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
* Cost:Additional operational expenses reduce project funding.
* Quality:Competing priorities can lead to rushed deliverables, affecting quality.
* Scope:Limited resources may result in deprioritizing certain scope items.
* Risk:Overlapping activities introduce unforeseen risks.
* Resource Allocation:Business-as-usual tasks strain shared resources, delaying progress.
Detailed Explanation:
* Cost:Regular operations may consume budgetary reserves, requiring reallocation.
* Quality:Lower prioritization of project tasks can lead to reduced standards.
* Scope:Non-critical deliverables may be delayed or omitted.
* Risk:Uncoordinated overlaps increase vulnerabilities.
* Resource Strain:Teams split between routine and project tasks face inefficiencies.
NEW QUESTION # 15
Which of the following statements best describes the purpose of an integrated project management plan?
Answer: A
Explanation:
Detailed Explanation:
* Purpose of the Plan:It provides a comprehensive roadmap for executing, monitoring, and controlling the project.
* Why Other Options Are Incorrect:
* A: Integrated plans are not limited to linear life cycles.
* B: Sponsors use it but do not manage it.
* C: Plans can evolve to reflect project changes.
NEW QUESTION # 16
You are a project manager taking over a project that's in the definition phase. The project sponsor asks you to prepare for an upcoming budget review as they have concerns regarding the lack of cost control shown by the project to date.
Which of the following actions would best improve the project sponsor's confidence in how you will control costs?
Answer: C
NEW QUESTION # 17
A financial services company is launching a new banking product for which the sponsors have set a challenging timeline for an initial launch. The stakeholders have provided a list of conflicting requirements to be included in the new product design and build.
The project manager has decided to deliver the project in an iterative life cycle due to the time constraints.
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
Part A:State two reasons why an iterative approach would benefit solutions development in this scenario.
* Faster delivery of prioritized features.
* Flexibility to adapt to evolving stakeholder requirements.
Part B:Explain three requirement prioritization approaches the project team could focus on to meet the deadline in this scenario.
* MoSCoW Method:Categorizes requirements as "Must Have," "Should Have," "Could Have," and
"Won't Have," focusing on essential features.
* Cost-Benefit Analysis:Focuses on implementing high-value, low-cost features first.
* Value-Risk Matrix:Balances high-value requirements with low risk to ensure a feasible and impactful scope.
Detailed Explanation:
NEW QUESTION # 18
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