Mark is the project manager of the NHQ Project. Mark wants to create a salience model as part of his communications planning and scheduling. What does a salience model do for a project?
Correct Answer:
A
A salience model uses three values to classify stakeholders: power, urgency, and legitimacy in the project. The salience model is a technique for categorizing stakeholders according to their importance. The various difficulties faced by the project managers are as follows: How to choose the right stakeholders? How to prioritize competing claims of the stakeholders communication needs? Stakeholder salience is determined by the evaluation of their power, legitimacy and urgency in the organization. Power is defined as the ability of the stakeholder to impose their will. Urgency is the need for immediate action. Legitimacy shows the stakeholders participation is appropriate or not. . The model allows the project manager to decide the relative salience of a particular stakeholder.
Answer option D is incorrect. This is a description of a power/interest grid.
Answer option B is incorrect. This is a description of an influence/impact grid over the project.
Answer option C is incorrect. This is a description of a power/impact over the project.
You are the project manager of the NHGQ project for your company. You must create and distribute performance reports every week to your key project stakeholders. What communication technique do you normally use to distribute reports?
Correct Answer:
A
Performance reports are distributed through the push technique. This means that the project manager distributes the reports regularly through a mechanism, such as email. Answer option C is incorrect. One-to-one technique describes a conversation between two people.
Answer option B is incorrect. Many-to-many technique describes a conversation between many people.
Answer option D is incorrect. A pull technique describes the recipients of the report "pulling" the information, such as from a Website.
Harry works as a project manager for the NHQ project. His project has a budget of $2,208,456 and is scheduled to last for three years. His project is currently forty percent complete though it should be forty-five percent complete. In order to reach this point of the project, he has spent $725,000. Management needs a performance report regarding the NHQ project. Management is concerned that this project will be over budget upon completion. What is the estimate at completion for this project that Harry will need to report to management?
Correct Answer:
C
The estimate at completion can be calculated by dividing the budget at completion by the cost performance index. Here,
CPI =EV/AC
= (0.40*2,208,456)/725000
= 1.21846
EAC = BAC/CPI
= 2,208,456/1.21846
= 1,812,498
What is Estimate at Completion (EAC)? Estimate at Completion (EAC) is a field that displays the final cost of the project including the actual costs and the forecast of remaining costs based on the cost performance index (CPI) so far. The formula used to calculate this estimate is as follows: ACWP+(BAC-BCWP)/CPI
The figure given below demonstrates the communication model for a project. What role does the component E play in the communications model?
Correct Answer:
C
Noise is anything that disrupts the communication method such as static on the telephone line, distracting conversations, or misunderstandings.
Answer option A is incorrect. Static is an example of noise, but it is not part of the communication model.
Answer option D is incorrect. A barrier to communication is when communication cannot happen under the present conditions.
Answer option B is incorrect. A deterrent is not a valid part of the communication model.
A project team installs 2,500 light fixtures in a new office building, and each light fixture takes one hour to install. The project manager can predict that it will take 2,500 hours to complete the work. However, which of the following statements most accurately describes this parametric estimate assumption?
Correct Answer:
A
When project team workers complete repetitive tasks, efficiency through learning will diminish the overall duration of the project tasks. A parametric estimate is an estimate that uses a parameter to predict the costs of the project, such as cost per network drop or cost per software license. Parametric estimating technique utilizes the statistical relationship that exists between a series of historical data and a particular delineated list of other variables.
Answer options B, D, and C are incorrect. These are not the valid statements.