You are the project manager of the AHQ project. This project is scheduled to last for six
months and will require $345,000 to complete. If the project completes earlier than
scheduled, your organization will receive a bonus of $5,000 per day of early completion.
Management has asked you to develop an aggressive schedule to realize as much of the
bonus as possible, but management does not want you to increase the costs of the project
beyond $1,000 per day of the bonus realization. Which of the following approaches will
likely add costs to the project?
You are the project manager for your organization. You are working with your virtual team
to create activity duration estimates for your current project. This virtual team is comprised
of team members from around the world. Much of this process will be completed by
geographical locations though some conferences will require all the team members to
participate and to coordinate the activities that will interact between the different sites. The
project manager must consider all of the following when creating the activity duration
estimates except for which one?
Tom is the project manager of the GHQ Project for his organization and he is working on
recovering the project schedule. As Tom examines his schedule, he is especially aware of
project activities with hard logic. What is hard logic?
John works as the project manager for Blue Well Inc. He is identifying the phases within the
scope of work for the project plan. Which of the following can be categorized as a project
phase? Each correct answer represents a complete solution. Choose all that apply
You are the project manager of the GHY Project. This project is scheduled to last for one
year and has a BAC of $4,500,000. You are currently 45 percent complete with this project,
though you are supposed to be at your second milestone which accounts for half of the
project completion. There have been some errors in the project which has caused you to
spend $2,073,654. What is this project's schedule performance index?