Ben is the project manager of the NHF Project for his organization. Some delays early in the project have caused the project schedule to slip by nearly 15 percent. Management would like Ben to find a method to recoup the schedule slippage and to get the project back on track. Management is risk-adverse with this project. Which of the following methods should Ben avoid to recoup the project time?

1. A. Crashing
2. B. Fast tracking
3. C. Critical chain methodology
4. D. Adding lead time

Correct Answer: B
Of all the choices, Ben should avoid fast tracking, as it allows complete phases of the project to overlap, and this increases project risks. Management wants to avoid risks, so fast tracking would not be helpful. Fast tracking is a technique for compressing project
schedule. In fast tracking, phases are overlapped that would normally be done in sequence. It is shortening the project schedule without reducing the project scope. Answer option A is incorrect. Crashing adds people and costs but is relatively safe in regard to risks.
Answer option C is incorrect. Critical chain is not a schedule compression technique and would not necessarily help the project get back on schedule.
Answer option D is incorrect. Lead time, similar to fast tracking, can increase project risks; however, fast tracking is more risky than lead time. Lead time allows individual activities to overlap, while fast tracking allows entire project phases to overlap.

Adrian is the project manager for her project. This new project needs to identify all the
stakeholders that will be affected by the project's outcome. How stakeholders are usually identified?

1. A. Stakeholders are usually identified through a stakeholder register.
2. B. Stakeholders are identified by the project team, project sponsor, and management.
3. C. Stakeholders are identified through the project customers.
4. D. Stakeholders are usually identified by interviewing identified stakeholders and expanding the list until all potential stakeholders are included.

Correct Answer: D
Stakeholders are interviewed and can help identify other stakeholders that should be included in the project communications.
Answer option B is incorrect. According to the PMBOK, this is not the best answer. Answer option A is incorrect. Stakeholders are entered into a stakeholder register, not identified by it.
Answer option C is incorrect. Project customers are stakeholders.

Which of the following is an output of the Develop Project Charter process?

1. A. Enterprise environmental factors
2. B. Contract
3. C. Business case
4. D. Project charter

Correct Answer: D
The Develop Project Charter process documents the formal authorization of a project or a
phase. It also documents initial requirements that satisfy the stakeholder's needs and expectations. It is used to validate the decisions made during the previous iteration of the Develop Project Charter process. The various inputs of this process are as follows: Project statement of work
Business case Contract
Enterprise environmental factors Organizational process assets
The output of the Develop project Charter process is as follows: Project charter

Your project is installing 8,000 light fixtures in a new building. Each of the light fixtures is to be installed exactly the same way but you have discovered that some of the fixtures are installed incorrectly. You and the project team meet and agree to fix the fixtures and to install all future fixtures the same way. This is an example of what executing activity?

1. A. Risk response
2. B. Team development
3. C. Risk mitigation
4. D. Corrective action

Correct Answer: D
This is an example of corrective action. The project team will fix the mistake and they have learned from their mistake so it won't happen again.
Answer option C is incorrect. Risk mitigation is defined as monies spent or actions taken to reduce the probability and impact of an identified risk event.
Answer option A is incorrect. A risk response is an action to counteract an identified risk. Answer option B is incorrect. There may be some team development happening in this instance but we don't have enough information to know for certain. Team development is an activity that brings the whole team cohesion, interdependency, and trust.

You are the project manager for the NQQ Project for your organization. You and the project team are creating the activity list for the NQQ Project. You have instructed the project team members that they should include an activity identifier and a scope of work description for each activity in the activity list. Why is this information needed?

1. A. To track the work to the project requirements
2. B. To maintain profit and loss statements for the project
3. C. To help the project team understand what work is required to be completed
4. D. To communicate the work to be completed to the project stakeholders

Correct Answer: C
The primary reason for including the activity identifier and the scope of work description for each activity is to ensure the project team understands what work is required to be completed.
Answer option B is incorrect. Profit and loss statements are not required for all projects and they are linked to actual performance against a project baseline.
Answer option D is incorrect. Communicating to the stakeholders is always a good idea, but stakeholders would not usually need to know the activity details. Their focus is on project benefits and deliverables.
Answer option A is incorrect. A requirements traceability matrix is the tool to link requirements to project deliverables.