Charlie has just completed the project according to the terms of the contract. She and the customer are completing a walk through of the project deliverables, and the customer is asking for changes to the deliverables before she'll accept the product. What project management Mprocess should manage the documented change request that may come from scope verification?
In which of the following process groups is the initial scope defined and are the initial finances committed?
You work as a project manager for PassGuide Inc. You are starting a project. Which of the following elements must be included while initiating a project?
Each correct answer represents a complete solution. Choose all that apply.
Which of the following individuals strategically handles the human resource tools and assists the organization in attracting talented people for the required job?
Thomas is a key stakeholder in your project. Thomas has requested several changes to the project scope for the project you are managing. Upon review of the proposed changes, you have discovered that these new requirements are laden with risks and you recommend to the change control board that the changes be excluded from the project scope. The change control board agrees with you. What component of the change control system communicates the approval or denial of a proposed change request?
Which of the following process groups involves coordinating people and resources, as well as integrating and performing the activities of the project in accordance with the project management plan?
Your project spans the entire organization. You would like to assess the risk of the project but are worried that some of the managers involved in the project could affect the outcome of any risk identification meeting. Your worry is based on the fact that some employees would not want to publicly identify risk events that could make their supervisors look bad. You would like a method that would allow participants to anonymously identify risk events. What risk identification method could you use?
You, with your team, are performing the work defined in the project management plan to achieve the project's objectives. In which of the following processes are you working on?
Sam is the project manager of a construction project in south Florida. This area of the United States is prone to hurricanes during certain parts of the year. As part of the project plan Sam and the project team acknowledge the possibility of hurricanes and the damage the hurricane could have on the project's deliverables, the schedule of the project, and the overall cost of the project. Once Sam and the project stakeholders acknowledge the risk of the hurricane they go on planning the project as if the risk is not likely to happen. What type of risk response is Sam using?
Fill in the blank with the appropriate term.
______describes the utilization of formal econometric techniques to evaluate the aggregate risk in a financial portfolio