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How well does this apply the ‘manage by exception’ principle, and why?
The executive has set the following tolerances for stage 2: Time (+/- 1 week) Cost (+/- £20,000) Scope (using MoSCoW prioritization technique) Risk (based on the risk appetite defined in the risk management approach) These tolerances have been recorded in the stage plan. The project manager will report progress regularly...
Using the additional Information provided for this question In the Scenario Booklet, answer the following question
HOTSPOT Using the additional Information provided for this question In the Scenario Booklet, answer the following question. Lines 1 to 5 in the table below consist of an assertion statement and a reason statement. For each line identify the appropriate option, from options A to E, that applies. Each option...
Which 2 statements should be recorded under the Expected benefits heading?
Which 2 statements should be recorded under the Expected benefits heading?A . Increase orders by at least 10% with a minimum of 10 further orders from the list of prospective customers within 12 months.B . It will be similar to calendars sent out in previous yearsC . The Marketing department...
Which of the following statements is TRUE with regard to expected benefits?
Which of the following statements is TRUE with regard to expected benefits?A . They cannot be assignedB . They don't need to follow corporate objectivesC . They should be measurableD . Tolerances cannot be set against expected benefitsView AnswerAnswer: C
The Health and Safety Training Project is part of a programme of strategic expansion, which is important for ABC Company’s continued operation. At the end of stage 2, the estimated project costs are greater than the expected benefits in the business case. The project board has reviewed the situation and asked programme management to decide whether the project should be closed prematurely. Is this an appropriate application of the ‘manage by stages’ principle, and why?
The Health and Safety Training Project is part of a programme of strategic expansion, which is important for ABC Company’s continued operation. At the end of stage 2, the estimated project costs are greater than the expected benefits in the business case. The project board has reviewed the situation and...
Why is this an appropriate application of the plans theme to control the project?
The delivery of the pilot courses has been split into two separate products: ‘planned pilot courses’ and ‘delivered pilot courses’. ‘Planned pilot courses’ will be produced during stage 3, and the ‘delivered pilot courses’ will take place during stage 4. This will allow the project board to approve the plan...
Is this an appropriate approach to applying the organization theme, and why?
The ‘classroom-based training materials’ will be used as the basis for developing the ‘e-learning course’. As a result, the executive wants to ensure that the ‘classroom-based training materials’ are of the required standard. The executive has asked to meet the project manager every day during stage 2 to discuss progress...
Is this appropriate, and why?
The executive identified that there would be a benefit to the construction companies as their working time lost due to accidents would be reduced. This was included as a benefit to ABC Company in the business case for the Health and Safety Training Project. Is this appropriate, and why?A ....
Which project management team role (A-F) would be the most appropriate for each individual?
DRAG DROP ORGANIZATION Use the ‘Additional Information’ in the Scenario Booklet to answer this question. Here are three individuals who work for ABC Company. Which project management team role (A-F) would be the most appropriate for each individual? Choose only one role for each individual. Each role can be used...
The Purchasing Manager has been assigned as the risk owner. Is this an appropriate approach to managing this risk, and why?
An external consultant has signed a contract and agreed a work package to accredit the trainers. The Purchasing Manager will monitor the contract, which states the requirement to organize the accreditation with the Training Delivery Manager. The Training Delivery Manager has tried to contact the consultant but there has been...
