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Daily Question #4716
A project manager is managing a project that will handle sensitive data for millions of users. The sponsor mentioned that, to his knowledge, the project does not seem to have any compliance requirements in their country.
What should the project manager do in this situation?
Answers:
a. Request expert advice from the compliance leader to confirm if there are any compliance requirements for the project.
b. Check with the national compliance agency to determine if the project has any compliance requirements in this country.
c. Trust in the expertise of the sponsor and believe that there are no compliance requirements for this project.
d. Conduct independent research regarding the data protection policy of the country for legal and regulatory compliance.
A project manager is managing a project that will handle sensitive data for millions of users. The sponsor mentioned that, to his knowledge, the project does not seem to have any compliance requirements in their country.
What should the project manager do in this situation?
Answers:
a. Request expert advice from the compliance leader to confirm if there are any compliance requirements for the project.
b. Check with the national compliance agency to determine if the project has any compliance requirements in this country.
c. Trust in the expertise of the sponsor and believe that there are no compliance requirements for this project.
d. Conduct independent research regarding the data protection policy of the country for legal and regulatory compliance.
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Daily Question #59
The primary collaboration skills you will use in working with members of your project team will be:
The primary collaboration skills you will use in working with members of your project team will be:
Anonymous Quiz
23%
a. Problem solving
17%
b. Negotiating
58%
c. Team building
1%
d. Public relations
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Uncertainty in Project Management
We have long noticed that uncertainty has the greatest impact on my projects and the implementation of project management systems. This 'uncertainty' is essentially the inverse measure of knowledge and understanding. If we know everything, have statistics, experience, and established processes, then project management isnโt neededโsimple work administration would suffice...
The full article is here - https://pmdoc.ua/en/uncertainty-in-project-management, and I have the resulting questions:
PMI defines 'uncertainty' as 'a lack of understanding and awareness of issues, events, paths to follow, or solutions to pursue.' It also uses terms like 'degree of uncertainty,' 'measure of uncertainty,' 'amount of uncertainty,' and 'value of uncertainty,' without offering any clear indication of how uncertainty can actually be measured. So:
1. How exactly can uncertainty be measured?
2. What could be the unit of measurement for uncertainty?
We have long noticed that uncertainty has the greatest impact on my projects and the implementation of project management systems. This 'uncertainty' is essentially the inverse measure of knowledge and understanding. If we know everything, have statistics, experience, and established processes, then project management isnโt neededโsimple work administration would suffice...
The full article is here - https://pmdoc.ua/en/uncertainty-in-project-management, and I have the resulting questions:
PMI defines 'uncertainty' as 'a lack of understanding and awareness of issues, events, paths to follow, or solutions to pursue.' It also uses terms like 'degree of uncertainty,' 'measure of uncertainty,' 'amount of uncertainty,' and 'value of uncertainty,' without offering any clear indication of how uncertainty can actually be measured. So:
1. How exactly can uncertainty be measured?
2. What could be the unit of measurement for uncertainty?
PMDocโข
Uncertainty in Project Management
Uncertainty is essentially the inverse measure of knowledge and understanding. If we know everything, have statistics, experience, and established processes, then project management isnโt neededโsimple work administration would suffice...
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Daily Question #5298
During the implementation stage of a project, a newly appointed team leader approaches the project manager to verify the team's tasks and schedule. The work did not go as planned due to the team leader's lack of management experience. This could cause delays for the project.
What should the project manager do?
During the implementation stage of a project, a newly appointed team leader approaches the project manager to verify the team's tasks and schedule. The work did not go as planned due to the team leader's lack of management experience. This could cause delays for the project.
What should the project manager do?
Daily Question #133
A medium-sized company has been exploring new marketing tactics with regard to launching a new product. New product creation is no small task. In the end, it was too big of an expenditure for the company to undertake.
What should the project manager do in the future when working on new product projects?
Answers:
a. Make use of kanban boards so all stakeholders have a clear view of the project and provide their help accordingly.
b. Increase the contingency reserve and prepare the team for applying fast-failing techniques when the estimates veer from the initial plan.
c. Adopt a chain management approach, developing products based on the same platform and infrastructure.
d. Train the team to first find the minimum viable product (MVP) that will deliver value to the customer.
A medium-sized company has been exploring new marketing tactics with regard to launching a new product. New product creation is no small task. In the end, it was too big of an expenditure for the company to undertake.
What should the project manager do in the future when working on new product projects?
Answers:
a. Make use of kanban boards so all stakeholders have a clear view of the project and provide their help accordingly.
b. Increase the contingency reserve and prepare the team for applying fast-failing techniques when the estimates veer from the initial plan.
c. Adopt a chain management approach, developing products based on the same platform and infrastructure.
d. Train the team to first find the minimum viable product (MVP) that will deliver value to the customer.
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Daily Question #1853
A common reason that a story may not be estimable is that the:
A common reason that a story may not be estimable is that the:
Anonymous Quiz
20%
a. team lacks domain knowledge.
14%
b. business needs are prioritized over the system design.
53%
c. developers do not understand the tasks related to the story.
14%
d. team has no experience in estimating.
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Daily Question #1410
Projected spending for the project depicted in the chart is:
Projected spending for the project depicted in the chart is:
Anonymous Quiz
24%
a. Front loaded
16%
b. Back loaded
31%
c. Normally distributed
28%
d. Out of control
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Daily Question #4739
A new marketing vice president just joined a software startup and is concerned that the agile model does not provide the needed accountability for their role.
What should the responsible project manager do to ensure the vice president is comfortable with the project meeting its agreements?
Answers:
a. Require proper approval of all requirements from the marketing vice president and formally document the agreements.
b. Foster an environment of open communication where all parties can discuss issues and agree on objectives.
c. Establish an executive review board where all stakeholders discuss and approve features and requirements.
d. Leverage the use of the review/demo sessions with the vice president to acknowledge that the agreements were met.
A new marketing vice president just joined a software startup and is concerned that the agile model does not provide the needed accountability for their role.
What should the responsible project manager do to ensure the vice president is comfortable with the project meeting its agreements?
Answers:
a. Require proper approval of all requirements from the marketing vice president and formally document the agreements.
b. Foster an environment of open communication where all parties can discuss issues and agree on objectives.
c. Establish an executive review board where all stakeholders discuss and approve features and requirements.
d. Leverage the use of the review/demo sessions with the vice president to acknowledge that the agreements were met.
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Daily Question #1383
What information is <b>NOT</b> appropriate for a lessons learned document?
What information is <b>NOT</b> appropriate for a lessons learned document?
Anonymous Quiz
8%
a. Causes of variance.
9%
b. Reasons for corrective action choices.
14%
c. Best practices that were developed.
69%
d. Personnel performance issues
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Daily Question #1377
The Communication Management Plan provides all of the following except:
The Communication Management Plan provides all of the following except:
Anonymous Quiz
12%
a. Methods or technologies used to convey the information.
48%
b. Stakeholder restrictions of information.
27%
c. Flow charts of the information flow in the project.
13%
d. Timeframe and frequency for the distribution of required information.
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Daily Question #3470
Approved corrective action is an input to:
Approved corrective action is an input to:
Anonymous Quiz
17%
a. Validate Scope.
23%
b. Direct and Manage Project Execution.
7%
c. Develop Project Charter.
52%
d. Perform Integrated Change Control.
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Daily Question #273
A project manager is being considered for a particular project that will deal exclusively with global virtual teams. He only has experience with local teams.
What should he do when discussing the opportunity with the sponsor?
Answers:
a. Since he has led projects and teams, it does not make any difference that these are all global virtual teams, so he does not need to bring it up.
b. He should avoid any conversation regarding the types of teams involved so the sponsor does not know he lacks experience in this area.
c. The project manager should point out to the sponsor that he has not had experience with global virtual teams, but discuss why he thinks he is a good fit for the project anyway.
d. The project manager should point out to the sponsor that he has not had experience with global virtual teams and therefore must decline the assignment.
A project manager is being considered for a particular project that will deal exclusively with global virtual teams. He only has experience with local teams.
What should he do when discussing the opportunity with the sponsor?
Answers:
a. Since he has led projects and teams, it does not make any difference that these are all global virtual teams, so he does not need to bring it up.
b. He should avoid any conversation regarding the types of teams involved so the sponsor does not know he lacks experience in this area.
c. The project manager should point out to the sponsor that he has not had experience with global virtual teams, but discuss why he thinks he is a good fit for the project anyway.
d. The project manager should point out to the sponsor that he has not had experience with global virtual teams and therefore must decline the assignment.
Daily Question #1534
Assume you are co-owner of a small consulting firm. Previously, you worked as a managing partner in one of the larger consulting firms in your country that had a defined portfolio management process to determine key opportunities to pursue to focus not solely on proposal win ratio but to aggressively emphasize capture ratio. Now in your new company in terms of portfolio management, the best practice to follow is to:
Answers:
a. Work with your business partner in terms of portfolio management
b. Have your Board of Directors serve as a Portfolio Review Board
c. Involve your business partner plus the firmโs subject matter experts in portfolio decisions
d. Set up an independent group of advisors to meet quarterly as a Portfolio Review Board
Assume you are co-owner of a small consulting firm. Previously, you worked as a managing partner in one of the larger consulting firms in your country that had a defined portfolio management process to determine key opportunities to pursue to focus not solely on proposal win ratio but to aggressively emphasize capture ratio. Now in your new company in terms of portfolio management, the best practice to follow is to:
Answers:
a. Work with your business partner in terms of portfolio management
b. Have your Board of Directors serve as a Portfolio Review Board
c. Involve your business partner plus the firmโs subject matter experts in portfolio decisions
d. Set up an independent group of advisors to meet quarterly as a Portfolio Review Board
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