If partway through the project we discover that more money has actually been spent to that point than was planned:     we do not know if the situation is good or bad until we examine earned value     we know the project is in trouble because there is a cost overrun     we know we are ahead of schedule on the project     we know the project is in trouble because there is a budget shortfall     we should attempt to convince management to cancel the project immediately

If it is a project at work, that means meeting with your boss and/or relevant parties. . 2) Conduct a 'needs analysis' for the project

1.      Which of the following is NOT an objective of the Monitor Risks process? a. Determine if implemented risk responses are effective   b. Project assumptions are still valid   c. Determine if risk management policies are being followed   d. Determine methods to eliminate all residual risks

You are managing a software development project. Only 35% of the work has so far been completed, while the planned schedule called for 50% completion by this date. Originally budgeted for $250,000, the team has already spent $150,000 on the project. What is the best way to describe the state of this project?     Ahead of schedule, within budget     Behind schedule, within budget     Ahead of schedule, over budget     Behind schedule, over budget

Part of monitoring a project as well as closing a project is to assess the project team's performance. In your opinion, why is it necessary for the project manager to assess the performance of both the individual team members and the project team as a whole? Is it necessary to assess both? Provide your opinion and support your answer with an explanation.

Consider a situation where an urgent IT project is nearing completion, and it is becoming clear to the Project Manager that many of the users of the new system are not pleased about the changes this will cause. Many attempts have been made to explain why the changes are necessary, but the users remain unconvinced – they feel the training has been inadequate, the new system is confusing, and their job descriptions appear to be significantly different as a result. The Project Manager has reported to the Project Steering Committee that resistance seems likely, and this will further delay full implementation at a time of urgency. It is decided that those users who engage with the new system and get through the urgent work will be offered a one-off bonus in their pay once the urgency has passed. Which one of the following best describes this change strategy?          Normative-re-education approach         Rational-empirical approach         Environmental-adaptive approach…

What is programme management? O A. Defining all work that needs to be done to achieve all project deliverables O B. The management of projects exploiting synergies across projects in order to reduce overall costs O C. The management of projects or programmes and other work with a common strategic business purpose O D. The application of knowledge, skills, tools and techniques to satisfy stakeholder expectations from a project.

Talk about the four different ways an organization that's working on a project might deal with or lessen the impact of risk in a certain circumstance.

Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Activity A B с D E F Description Plan needs Order equipment Install equipment Set up training lab Conduct training course Test system Immediate Predecessor A B A D C, E Time (weeks) Normal Crash 10 8 10 7 10 3 6 7 6 8 3 Cost ($1,000s) Normal 30 120 100 40 50 60 Crash 70 150 160 50 75