Reference no: EM132223723

1. During implementation of a major project, Fu, the project manager at SFIL Worldwide, instituted a system of monitoring and control. His system featured regular updates of issues by team members and prioritization of issues according to project goals. However, Fu noticed that the problems that came up during the project tended to linger or even be compounded. What critical element was missing from his monitoring and control system?

A) A mechanism for corrective response.

B) A mechanism for stakeholder communication.

C) mechanism for real-time notification of issues by team members.

D) Quality control benchmarks.

2. Project manager Matilda was assigned a team of people she has never worked with and does not know very well. She prepared a list of the people assigned to the project team and a list of the skills required to successfully complete each task. She then assigned each person to tasks based on her assessment of each person’s skills. Finally, she organized training for people who seemed to need new skills. What could Matilda have done better? Matilda should have ...

A) Assigned team members to tasks based on their availability, rather than their skills.

B) Given the team the responsibility for assigning people to the tasks.

C) Provided training for all team members.

D) Prepared a schedule before addressing task assignments.

3. Kate is developing her project budget. Once she’s got a list of all the costs, she shows it to her colleague Darren for suggestions. Darren sees that the budget thoroughly covers Personnel, Travel, Training, Supplies, Space, Research, Professional Services, and Capital Expenditures. But he recognizes another area that Kate should have covered. What has Kate not included?

A) An estimate of the cost of technical upgrades.

B) An estimate of whether the project's benefits will justify its costs.

C) An estimate for the cost of hiring an outside firm to conduct market research.

D) An estimate of the cost of specialized equipment required only for this project.

4. Midway through execution, Robin Johnson notices a cost overrun in the project he is managing. How should he communicate this news to stakeholders?

A) Provide full information on the overrun at the close of the project.

B) Do not report the overrun unless it has an impact on the project outcomes.

C) Report the problem as part of routine stakeholder communications.

D) Look for ways to recover costs during later stages of the project.