You are the project manager of the NHQ project. This project deals with a new technology
that your company has never used before. You have petitioned the management to hire a
consultant to help you and the project team to create the WBS, the activity list, and
complete the duration estimates. The management is concerned about the costs of the
consultant, but agrees to your request because of the nature of this new work. The
consultant can best be described as what type of resource for this project?
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?
Mary is the project manager for her organization. She is working with the project team to
define the project activities. She is concerned about some of the dependencies of the
project work, which may affect the project schedule. Which one of the following is the best
example of a project constraint that will likely affect the project's ability to finish by a given
deadline?
You work as a project manager for BlueWell Inc. You are calculating the performance
indexes of your project. The cost variance (CV) of your project is 30. What does this figure
depict?
Nancy is the project manager of the JJJ Project. This project has recently been approved
by the project customer as complete so Nancy must now finalize the administrative closure.
Nancy needs to create the final project report to report the successes and failures in the
project. Who should Nancy deliver this final project report to if she is participating in a
projectized structure?