This assignment is needed with detailed explanation and linked to macroeconomics theories

A servant leader has just been assigned to an upcoming product development project and believes that the project is well-suited to Kanban. However, the development team is unfamiliar with this approach.

What is the servant leader's best course of action?

Discuss Kanban during a daily standup meeting

Review Kanban at the iteration retrospective

Let the team members learn Kanban on their own

Have the team attend a workshop on Kanban

You are developing the project scope statement. You have specified the deliverables for the project, included the requirements under which the deliverables will be accepted, and explicitly stated what is out of project scope.

What else should you include in the project scope statement?

Project exclusions

Acceptance criteria

Project approval requirements

Product scope description

A project manager is in the process of obtaining team members. She wants to understand the availability of the team members required to complete project work.

What should the project manager do to find this information?

Look at the resource calendars

Contact the project management office

Review the resource requirements

Examine the resource breakdown structure

A project to reduce the defect rate of the manufacturing process is underway. To analyze and improve the process, the project team is now carrying out the quality assurance activities.

Which of the following would be the most beneficial for this project?

Introducing the use of a kanban board into the manufacturing process

Consulting with a certified Six Sigma Black Belt expert

Utilizing rolling wave planning for the project

Adopting a just-in-time (JIT) manufacturing process

During project planning of a large, complex project, project management best practices were rigorously and thoroughly followed. During project execution, the project experienced several critical risks, which were foreseen and previously identified. Despite the meticulous planning, the project failed to achieve the established objectives due to these realized risks.

What may have gone wrong in this scenario?

The realized risks had not been identified earlier in the project

The risk responses were poorly devised

The qualitative risk analysis was inadequate

There was little or no action taken to manage the known risks

A team member volunteered to provide the project status update in a weekly presentation to the key stakeholders. After the first meeting has taken place, feedback from the stakeholders suggests that the presentation was not very engaging.

What is the best way for the project manager to address this situation with the team member?

Discuss the issue with the team member

Set a formal written document

Utilize formal verbal communication

Send an email to the team member

A corporate restructuring project is in execution. The job responsibilities of many key stakeholders are being disrupted, which has caused challenges in keeping the stakeholders engaged in a positive manner.

Which of the following actions is the project manager least likely to perform in this situation?

Manage stakeholder expectations through negotiation and communication

Develop approaches to involve stakeholders based on their needs, expectations, interests, and potential impact on the project

Address any risks or potential concerns related to stakeholder management and anticipate future issues that may be raised by stakeholders

Engage stakeholders at appropriate project stages to obtain, confirm, or maintain their continued commitment to the success of the project

You are leading a software development project where the developers are colocated within rented office space. Writing the code is taking longer than anticipated, and you have contacted the landlord requesting to rent the office for another week. Unfortunately, the landlord tells you that the office is already booked. You capture the problem in the project documents.

What should you do next?

Record the issue in the issue log

Revise the resource management plan

Update the risk register

Request additional funds

During a bidder conference, a supplier asks why a section is missing from the request for quotation (RFQ). Upon realizing that the section is indeed missing, the project manager becomes flustered and stumbles through a brief reply. When the seller responses were received, all but three prospective suppliers fail to address the missing section.

What is the best course of action?

Hold the bidder conference again, and explain the importance of the point that was initially missed

Select from the three vendors that submitted complete proposals

Send a revised RFQ to all prospective suppliers and allow them the opportunity to resubmit their proposals

Extend the deadline and allow all of the vendors to resubmit their proposals

You are leading a project to develop a new web application. Together with your project team you reprioritize the product backlog, determine velocity for the past iterations, and adapt your work plans accordingly. Additionally, you facilitate retrospectives every two weeks.

Which of the following processes describes the work you are performing?

Monitor Risks

Manage Quality

Control Schedule

Develop Schedule

You are part of a cross-functional development team piloting an adaptive approach to project management in an organization that has traditionally used a predictive approach. You realize that you have to tailor the template of the schedule management plan.

Which of the following components of the template are you likely to tailor the most?

The rules of performance measurement, the summary milestones, and the key deliverables

The organizational procedures links, the units of measure, and the project organization charts

The schedule model development, the release and iteration length, and the reporting formats

The project schedule model maintenance, the level of accuracy, and the level of precision

12. A project team performs monthly risk audits for a project, where a large number of identified risks have been realized. So far, the risk responses have been appropriate, and the reserves sufficient. An executive for the requesting organization criticizes the project manager improper risk audits, stating that only independent, external resources should perform risk audits.

How should the project manager respond?

Explain that risk audits can be performed either internally or externally as long as they follow the project management plan

Agree with the executive and submit a change request to update the project management plan to have the audits conducted externally

Follow the guidance provided by the executive and hire a team of external auditors to conduct the risk audits going forward

Explain that if the current risk audits are not sufficient, then a comprehensive project audit should be carried out