Question 16
Question Statement:
During execution of a project, an identified risk event occurs that results in additional cost and time. The project had provisions for contingency and management reserves. How should these be accounted for?
Choices:
A. Contingency reserves
B. Residual risks
C. Management reserves
D. Secondary risks
Question 17
Question Statement:
Which one of the following is the last step of project closing?
Choices:
A. Client has accepted the product
B. Archives are complete
C. Client appreciates your product
D. Lessons learnt are documented
Question 18
Question Statement:
Who should be involved in the creation of lessons learned, at closure of a project?
Choices:
A. Stakeholders
B. Project team
C. Management of the performing organization
D. Project office
Question 19
Question Statement:
An organization has recently started outsourcing work to a low cost, high value, engineering center located in a different country.
Which of the following should the project manager provide for the team as a proactive measure?
Choices:
A. A training course on the laws of the country
B. A course on linguistic differences
C. An exposure to the cultural differences
D. A communication management plan
Question 20
Question Statement:
While reviewing the progress, the project manager assesses that an activity has been missed out from the implementation plan. A milestone, scheduled to be achieved within another week, would be missed with the current implementation plan.
Which of the following is the next best action for the project manager in this situation?
Choices:
A. Report the error and the expected delay
B. Omit the status update on the milestone
C. Report the error and the planned recovery actions
D. Assess alternatives to meet the milestone
End of Test!
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