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Project Management Questions and Answers (Q&A)

John Smith
Answered: Aug 12, 2020
Corrective action-corrective actions are steps taken to bring future performance in line with the project plan. it is not a tool or technique used in cost control. recommended corrective actions are...Read More

1 Answer

207 views
T. Perez
Answered: May 10, 2018
Retaining customers is essential in business because it costs more to get a new customer than it does to keep an old one. It also helps for you to know the needs of the customer. Loyal customers...Read More

2 Answers

206 views
Wyatt Williams
Answered: Aug 12, 2020
Offers which are similar enough to allow a selection based on price.

1 Answer

206 views
John Smith
Answered: Aug 12, 2020
Sv // sv - shedule variance-if you know the values for budgeted cost of work performed (bcwp) and schedule performance index (spi) for your project, you can calculate schedule variance (sv)....Read More

1 Answer

206 views
John Smith
Answered: Aug 12, 2020
Schedule development-the schedule development process does not use the outputs of the performance reporting process as inputs. schedule development involves creating the project schedule, before...Read More

1 Answer

206 views
John Smith
Answered: Aug 12, 2020
1.5-your projects spi is 1.5. the schedule performance index (spi) can be calculated using this formula: spi = ev / pv in this scenario, the spi would be calculated as 750,000 / 500,000, or 1.5....Read More

1 Answer

206 views
John Smith
Answered: Aug 12, 2020
Tag the item as "not a defect" along with supporting documentation and ask the customer to submit a change request-you should tag the item as not a defect along with supporting documentation and ask...Read More

1 Answer

206 views
John Smith
Answered: Aug 12, 2020
In the case of a terminated project, the scope verification process would need to establish the level of completion of the deliverables-you should explain to your colleague that in the case of her...Read More

1 Answer

206 views
John Smith
Answered: Aug 12, 2020
Additional risk response planning-additional risk response planning, or risk reassessment, is done when a risk, which was not anticipated, occurs during a project or the impact of a documented risk...Read More

1 Answer

206 views
John Smith
Answered: Aug 12, 2020
Contract administration-correspondence, requested contract changes, and payment requests are results of the contract administration process. contract administration involves ensuring that the seller...Read More

1 Answer

206 views
B. Lazarus
Answered: Dec 06, 2019
The marketing of products and services has been meant to improve business growth. It is paramount to advertise your products and services, as that’s the best way to grab the attention of...Read More

1 Answer

205 views
John Smith
Answered: Aug 12, 2020
Duration compression-you will not use duration compression to calculate the schedule variance. duration compression is a technique to shorten the project schedule without changing the project scope....Read More

1 Answer

205 views
John Smith
Answered: Aug 12, 2020
Focus on the most significant problems-a pareto diagram helps the project team to focus on the most significant problems. a pareto diagram is a bar chart based on the pareto 80/20 law, which states...Read More

1 Answer

205 views
John Smith
Answered: Aug 12, 2020
The early start of succeeding activity b is delayed by three days, and the project finish date is not affected-in this scenario, the early start of succeeding activity b is delayed by three...Read More

1 Answer

205 views
John Smith
Answered: Aug 12, 2020
When individual team members are accountable to both a functional manager and a project manager.-manage project team is more complicated when individual team members are accountable to both a...Read More

1 Answer

205 views
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