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NEW QUESTION # 35
Answer:
Explanation:
Explanation:
Directive
Democratic
Detailed Explanation:
* Directive Leadership:In crises requiring urgent attention, a directive approach ensures quick decision- making and compliance. It allows the leader to control processes to restore stability effectively.
NEW QUESTION # 36
You are the project manager for a large-scale rebranding project. During a critical phase, it becomes evident that additional funding is necessary to address unforeseen challenges.
Which role within the project would you approach to authorise the updated business case and secure the necessary funds to ensure the project's continuation?
Answer: C
Explanation:
Detailed Explanation:
* Theproject sponsoris responsible for securing and authorizing funding for the project.
NEW QUESTION # 37
A financial services company is launching a new banking product for which the sponsors have set a challenging timeline for an initial launch. The stakeholders have provided a list of conflicting requirements to be included in the new product design and build.
The project manager has decided to deliver the project in an iterative life cycle due to the time constraints.
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
Part A:State two reasons why an iterative approach would benefit solutions development in this scenario.
* Faster delivery of prioritized features.
* Flexibility to adapt to evolving stakeholder requirements.
Part B:Explain three requirement prioritization approaches the project team could focus on to meet the deadline in this scenario.
* MoSCoW Method:Categorizes requirements as "Must Have," "Should Have," "Could Have," and
"Won't Have," focusing on essential features.
* Cost-Benefit Analysis:Focuses on implementing high-value, low-cost features first.
* Value-Risk Matrix:Balances high-value requirements with low risk to ensure a feasible and impactful scope.
Detailed Explanation:
NEW QUESTION # 38
You are a project manager taking over a project that's in the definition phase. The project sponsor asks you to prepare for an upcoming budget review as they have concerns regarding the lack of cost control shown by the project to date.
Which of the following actions would best improve the project sponsor's confidence in how you will control costs?
Answer: A
Explanation:
Detailed Explanation:
* Cost Breakdown Structure:Provides transparency into how the budget is allocated across tasks, improving confidence in cost control.
* Why Other Options Are Incorrect:
* A: Focuses on task definitions, not cost control.
* C: Earned value assesses past performance but doesn't address current concerns.
* D: Financial appraisal doesn't provide actionable insights for cost management.
NEW QUESTION # 39
You are in the design phase of a project to deliver offices on a newly acquired plot of land. You have now completed extra surveys and discovered that the ground conditions are a lot softer than expected, meaning the design and delivery will be far more complex and costly. You did not account for this in your risk register.
Which of the following statements about the project business case is true?
Answer: A
Explanation:
Detailed Explanation:
NEW QUESTION # 40
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