Understanding Accountability and Risk in Project Management

1 CONCEPT → Individual and Team Accountability 23/25  that's 92% RETAKE  23 questions were answered correctly . 2 questions were answered incorrectly . Which of the following is an example of team accountability? ●    Sara collaborated with Jerry to meet the new requirement for his deliverable. ● Tim approved a change request submitted by the project manager. ● Deborah completed the necessary website edits by the assigned deadline. ● Jerry made sure his deliverable met quality standards. UNIT 3 — MILESTONE 3 23/25

2 CONCEPT → Managing Project Risks 3 Report an issue with this question Stephon's homeowner's association rejects the roofing material he planned to use when adding a large, covered deck to his home. Which of the following is the next step Stephon will take to manage the risk? Report an issue with this question When a deliverable arrived, Craig met with the team member responsible for ordering the deliverable to confirm it was the correct model and size. Which of the following project elements was Craig monitoring in this scenario? ●   ●  ● Select a contingency ● Finalize the contingency  Reference contingency plans ● Implement a contingency plan

CONCEPT → Monitoring Scope 4 Report an issue with this question Zoe managed a project to develop a new type of potato chip for a snack company, and a drought occurred in the states that supplied potatoes for their chip production. Which of the following is the source of change?  ●   ● Schedule ● Budget ● Risk  Scope ● Project team  External forces ● New stakeholder ● Organizational force

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CONCEPT → Change Management 5 CONCEPT → Project Communications 6 Report an issue with this question Which of the following is true regarding status reports? Report an issue with this question ●   ●  ● Status reports focus more on schedule issues than budget issues. ● Creating status reports is the sole responsibility of the project manager.  Status reports should be shared on a regular basis to keep stakeholders informed. ● Status reports are not warehoused with other project documents.

CONCEPT → Managing Project Risks 7 Which of the following documents is used to monitor and track risks to a project? Report an issue with this question If Aiden managed a project to build a local amphitheater, which communication medium below would be most effective when he needs to share the architectural rendering with the project team?  ●   ● Network diagram  Risk register ● Status report ● Dashboard  Presentation ● Meeting ● Email

CONCEPT → Communication Mediums 8 CONCEPT → Overview of Monitoring Progress 9 Report an issue with this question Which of the following is the central focus of managing a project during Phase 3? Report an issue with this question Nate documents both a new stakeholder's request to modify a current deliverable and the requirements related to that request. Which of the following is the next step Nate will perform? ●    ●  ● One-to-one discussion ● Monitoring progress ● Documenting risks ● Identifying stakeholders  Evaluating deliverables

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CONCEPT → Change Management 10 Report an issue with this question Which the following is true regarding scope monitoring?  ●  ● Determine whether a new project is needed to satisfy the request ● Meet with stakeholders to present findings  Evaluate the impact on triple constraints ● Make recommendations ● Scope can be increased without affecting the budget, but it usually affects the schedule. ● Project managers usually start a new project to create a requested deliverable rather than change the scope. Scope changes can result from additional requirements added to

CONCEPT → Monitoring Scope 11 CONCEPT → Kickoff Meeting Report an issue with this question What is a RACI used for in the kick-off meeting?  ●    deliverables from stakeholder requests. ● Scope can be increased without affecting the schedule, but it usually affects the budget. ● Building trust among team members  Setting team-level expectations ● Reporting time spent on assigned activities ● Describing the preferred methods of communicating changes

12 CONCEPT → Kickoff Meeting 13 Report an issue with this question The timing of the kickoff meeting is critical for which of the following reasons? Report an issue with this question Which of the following is true regarding meetings? ●   ●  ● The project manager needs to ensure governance processes are in place before beginning. ● The project manager needs time to select the best team members once the scope is done. ● The project cannot begin unless the scoping phase is complete.  Team members must know what they are expected to complete before beginning project work.

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CONCEPT → Communication Mediums 14 Report an issue with this question Jeremy was a project manager for a book publisher that was converting traditional textbooks to digital versions. He assigned tasks to his team members based on how they described their experiences with publishing and technology. Which of the following keys to success in leading projects did Jeremy use?  ●  ● Project managers should be more involved in preparing for meetings than team members. ● It is not necessary to create an agenda for a last-minute, emergency meeting. ● A meeting agenda is used to document people who actually attended the meeting.  A meeting agenda is used to address the purpose of the meeting. ● Provide clear direction

CONCEPT → Leadership and Motivation 15 Report an issue with this question Which of the following best describes a deliverable coded yellow on a dashboard?  ●     Leverage project team members capabilities ● Approach problems as opportunities ● Facilitate a meeting in an organized manner ● Deliverable is currently on track.  Deliverable is significantly over budget. ● Deliverable is experiencing an unresolved quality issue. ● Deliverable is likely to cause a schedule delay.

CONCEPT → Project Communications 16 CONCEPT → Communicating Effectively 17 Report an issue with this question Which of the following is NOT a purpose of meeting management? Report an issue with this question Which of the following is the basis of motivating team members? ●   ●  ● Make decisions to improve project outcomes ● Share available project information ● Solve problems with project deliverables  Document lessons learned

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CONCEPT → Leadership and Motivation 18 CONCEPT → Change Request and Implementation Report an issue with this question Which of the following communication methods is used to communicate an approved change request to team members?  ●   ● To reduce errors  To provide encouragement ● To build relationships ● To resolve problems ● Status report ● Presentation  Project team meeting ● One-to-one discussion

19 CONCEPT → Change Request and Implementation 20 Report an issue with this question Which of the following is a key component to successfully implementing an approved change for a project? Report an issue with this question When monitoring the project schedule, which task is performed by the project team member? ●   ●  ● Updating the stakeholder expectations ● Ensuring scope creep has not occurred ● Adjusting the work breakdown structure  Communicating the change to the project team and stakeholders

CONCEPT → Monitoring Time 21 Report an issue with this question Which of the following is true regarding the monitoring of a project budget?  ●  ● Approves change requests to hire more labor to complete tasks  Records effort spent on tasks during the project ● Compares actual time to complete a task to original time estimates ● Considers resource realignment if tasks are off-track ● A project manager usually has authority to increase cost limits as needed. ● All organizations monitor budgets with the same frequency.

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CONCEPT → Monitoring Cost 22 CONCEPT → Overview of Monitoring Progress Report an issue with this question Which of the following is tracked by a project manager to evaluate the overall health of a project? Report an issue with this question  ●    Monitoring a budget involves comparing estimates to actuals. ● Project Manager tracks effort on fixed fee contracts. ● Project expectations ● Project risks  Project tasks ● Project requirements

23 CONCEPT → Communicating Effectively 24 Which of the following should Mandy do during a meeting of the project team and stakeholders to avoid confusing the stakeholders with the project's technical aspects? Report an issue with this question If a project manager increases resources to get a project that is behind schedule back on track, which of the following will likely increase as well? ●   ●  ● Provide written reports for them to refer to ● Provide a meeting agenda for everyone to follow  Explain terms and acronyms used by the team ● Take extra time to verbally describe the critical processes ● Number of requirements for a deliverable

CONCEPT → Monitoring Time 25 CONCEPT → Individual and Team Accountability Report an issue with this question Which of the following is one reason individual accountabilities are defined for team members?  ●   ● Likelihood of risks ● Impact of risks  Budget allocations for resources ● To allocate people resources ● To create a safe environment for team members to communicate  To provide task descriptions for work to be completed ● To ensure participation with people related to the project

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project management milestone 3

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