Questions PDF 20/26 SIMULATION You are overseeing a construction project for a new retail center. Midway through the project, the design team proposes a significant change to the building's layout, which they argue will improve overall functionality and therefore present better value for money. However, this change would require demolishing and rebuilding a section of the structure. Given the proposed changes, outline five actions you would take to evaluate the change request to provide an appropriate recommendation. Explanation: Conduct a cost-benefit analysis. Review the project scope and objectives. Assess risks associated with the change. Engage stakeholders for input and alignment. Develop a recommendation document. ee the Explanation for both solutions in detail: These actions ensure the proposed changes are evaluated thoroughly, balancing functionality improvement against potential costs, risks, and stakeholder concerns. Reference: PMBOK Guide (Integrated Change Control).
SIMULATION Identify one of the five steps of a benefits management plan and state one action you would take to apply it to ensure the successful realization of project benefits. Explanation: ee the Explanation for both solutions in detail: Benefit: Benefits Realization Tracking. Action: Regularly monitor key performance indicators (KPIs) to ensure the project is delivering the expected outcomes. Tracking KPIs allows project teams to measure the realization of benefits throughout the project lifecycle, ensuring alignment with objectives. Reference: PMBOK Guide (Benefits Management).
Questions PDF 21/26 Why should a project professional complete continuing professional development (CPD)?
You are the project manager of a project that’s currently in the definition phase. After your first meeting, the project sponsor has asked to see the integrated project management plan. In this scenario, which of the following best describes the importance of an integrated project management plan?
HOTSPOT Questions PDF 22/26 Select the correct options from the drop -down lists: xplanation: Work is completed on time. The skills required. Ensuring work is completed on time is critical to effective resource management, as it ensures the project meets its deadlines. Identifying the skills required through a work breakdown structure (WBS) ensures that the right resources are allocated to tasks, leading to project success. Reference: PMBOK Guide (Resource and Schedule Management).
SIMULATION You are managing a project that is approaching its final phase and is soon to be handed over to the operations team. One of the critical aspects of this transition is the effective engagement of stakeholders. Explanation: ee the Explanation for both solutions in detail: Questions PDF 23/26 Describe three key strategies you would use to engage stakeholders in agreeing to a transition plan (3 marks): Regular communication: Conduct consistent updates to build trust and clarify expectations. Collaborative workshops: Involve stakeholders in planning workshops to foster ownership. Tailored stakeholder engagement: Address individual needs with customized communication. Explain two ways you would ensure the transfer of risks is understood and accepted by all stakeholders involved in the transition (2 marks): Documented risk register: Provide a clear and shared record of risks with mitigation strategies. Risk workshops: Conduct sessions to explain residual risks and their management post -transition. These strategies ensure stakeholder buy -in and alignment on the transition plan, reducing resistance. Workshops and a documented risk register provide clarity on responsibilities. Reference: PMBOK Guide (Stakeholder Engagement and Transition Management).