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NEW QUESTION # 36
Which of the following statements best describes the purpose of an integrated project management plan?
Answer: D
Explanation:
Detailed Explanation:
* Purpose of the Plan:It provides a comprehensive roadmap for executing, monitoring, and controlling the project.
* Why Other Options Are Incorrect:
* A: Integrated plans are not limited to linear life cycles.
* B: Sponsors use it but do not manage it.
* C: Plans can evolve to reflect project changes.
NEW QUESTION # 37
You are the project manager on a construction project for a client in the defence sector. The client has strict regulatory requirements and expects a high level of control and governance throughout the project. Which life cycle would be most suitable?
Answer: A
Explanation:
Detailed Explanation:TheLinear(or Waterfall) lifecycle is the most suitable for projects that require high levels of governance, control, and strict adherence to regulatory requirements.
* Applicability:Linear project management focuses on predefined stages (e.g., requirements, design, implementation) that align with regulatory needs.
* Advantages:It allows detailed documentation, structured review processes, and adherence to pre- approved plans, ensuring compliance with defence sector standards.
* Alternative Options:Iterative and incremental approaches are less appropriate due to the less structured nature of deliverable evolution in these methods.
NEW QUESTION # 38
You are leading a large-scale information technology project to migrate your company's data to the latest hardware. The delivery is being led by third-party suppliers, who were not involved in the design phase. The supplier has completed their capacity planning and has raised a potential risk that the current data may exceed the storage capacity of the new hardware purchased.
What type of risk response would you choose to mitigate this risk?
Answer: B
Explanation:
Detailed Explanation:The best approach is to use the contingency budget because:
* Defined Risk Response:Contingency budgets are designed to handle identified risks without impacting the project's main budget.
* Stakeholder Agreement:It avoids escalating disputes with suppliers by addressing the issue proactively.
* Unsuitable Options:
* A: Tolerating the risk is impractical when the risk is confirmed.
* B: Re-forecasting creates unnecessary delays and increases costs.
* D: Transferring risk to the supplier could damage partnerships.
NEW QUESTION # 39
PESTLE is a technique that can be used to determine factors that may impact or influence a project's business case. What does the letter "S" in PESTLE represent?
Answer: B
Explanation:
Detailed Explanation:
* Sociological Factors:Include societal norms, demographics, and cultural aspects that influence project success.
* PESTLE Context:Addresses Political, Economic, Sociological, Technological, Legal, and Environmental factors.
NEW QUESTION # 40
A construction company is planning to build a new office complex. The project manager is considering integrating sustainability principles and priorities into the project management process.
How can integrating sustainability principles and priorities into the management of this project positively impact its long-term success?
* By fostering innovation and creativity, leading to more resilient solutions that adapt to changing environmental and social conditions in the construction of the office complex.
* By requiring additional planning and coordination to integrate sustainability measures seamlessly into existing project timelines and workflows, potentially leading to short-term disruptions in scheduling.
* By enhancing stakeholder trust and reputation, which can attract investors and clients committed to sustainable practices in the development of the office complex.
* By restricting resource consumption and waste generation during the construction process, to guarantee cost savings and improved resource efficiency in this phase of the project.
* By improving worker safety through sustainable construction practices.
* By reducing upfront costs but increasing long-term maintenance expenses due to sustainable building materials.
Answer: D
Explanation:
Detailed Explanation:Sustainability principles help projects by:
* Fostering Innovation (Option 1):Sustainability encourages long-term adaptability and resilience in designs.
* Enhancing Stakeholder Trust (Option 3):Sustainable practices attract socially responsible investors and build client trust.
* Other Options:While 5 (worker safety) is essential, it's less directly tied to sustainability's core purpose in this context.
NEW QUESTION # 41
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