50 You have just taken over a project from another project manager about 6

50 you have just taken over a project from another

This preview shows page 12 - 14 out of 24 pages.

50. You have just taken over a project from another project manager about 6 months into a12-month project. As you get to know the staff on the project, you become aware that 5staff members are relatives of the previous project manager. What do you do? A.Notify your project stakeholders there is a possibility that nepotism was behind some of the staffing decisions made on your project. B.Check recruitment records of all employees C.Report the HR manager to PMI. D.Interview these 5 employees 51. A seller organization was executing work for a project under a contract. During thecourse of the project, a number of disputes arose over the scope and quality of work.Which of the following is the preferred method of resolving these claims? 52. Which of the following is incorrect regarding a bidders conference?
Background image
13 53. The Actual Cost (AC) is the total cost actually incurred and recorded in accomplishingwork performed for an activity or work breakdown structure component. What is theupper limit for the AC? 54. You are the project manager of a project executing work under a contract signed with abuyer organization. Just after the project has started, you notice that the buyerorganization had made a mistake in the financial terms and your organization stands tobenefit considerably through this oversight. What should your stance be? A.Do not take any action since a contract is a binding and legal document. B.Discuss with your management on how you could gain a bonus due to the increased revenue your company stands to gain. C.Informally check with your counterpart in the buyer organization to see if they have noticed this error. D.Bring the error to the notice of the buyer organization and have an amendment made to the contract since this was in good faith.
Background image
Image of page 14

You've reached the end of your free preview.

Want to read all 24 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture