Notes this document may be freely printed copied and

81. You are going to take over a new project as the project manager in an enterprise
unknown to you. What should you investigate during the chartering process?
82. A project was budgeted at $1,000,000. Meanwhile, the project is executed, and
the following current figures have been assessed:
PV: $500,000
EV: $450,000
AC: $550,000
Assuming that the cost variance was caused by one-time cost drivers, which are
no more effective, what estimate at completion ( EaC ) can you derive from these
figures?
Notes
This document may be freely printed, copied and distributed for private and commercial use, as long as the
layout, contents and the copyright notes remain unchanged. Please verify that you have the most up-to-date
version at: .
42
© 2007-2013 Oliver F. Lehmann, Munich, Germany

83. An organization is considering various contract types in order to motivate sellers
and to ensure preferential treatment. What should they consider before deciding
to use an award fee contract?
84. What is least important when it comes to archiving project records?
Notes
This document may be freely printed, copied and distributed for private and commercial use, as long as the
layout, contents and the copyright notes remain unchanged. Please verify that you have the most up-to-date
version at: .
© 2007-2013, Oliver F. Lehmann, Munich, Germany
43
o
A well-designed records management system
o
Integration of the archive with business software
o
Updated records reflecting final results
o
Easy availability of information for future use
85. _______ are not necessarily used to establish the cost baseline of a project.
85
o
Schedule activity or work package cost estimates
o
The work breakdown structure and WBS dictionary
o
The project schedule and resource calendars
o
The risk breakdown structure and the risk register

Notes
This document may be freely printed, copied and distributed for private and commercial use, as long as the
layout, contents and the copyright notes remain unchanged. Please verify that you have the most up-to-date
version at: .
44
© 2007-2013 Oliver F. Lehmann, Munich, Germany
86. You took over a customer project for your company. From the inputs available,
including contract , statement of work and project charter , you have developed a
project management plan .
You already presented that plan in a meeting with key stakeholders including
your project sponsor and some representatives from the customer organization.