What Should the Project Manager Do Last? | CompTIA Project+ Exam PK0-004
Question
| new stakeholder has been added to a project with a BAG of $850,000
The stakeholder has raised five change requests to the CCB; two of them have been approved, and three are awaiting initial review.
Considering the project has a CPI of 0.89 and an SPI of 1.14, and the approved ones will be implemented, which of the following should the project manager do LAST?
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.D.
Based on the information given, we can identify several important factors that should guide the project manager's decision-making process. These include the addition of a new stakeholder, the current budget at completion (BAC) of $850,000, the status of the change requests, and the project's current CPI and SPI.
The CPI (Cost Performance Index) is a measure of the project's cost efficiency, calculated as the ratio of earned value (EV) to actual cost (AC). A CPI of less than 1.0 indicates that the project is over budget, while a CPI of greater than 1.0 indicates that the project is under budget. In this case, the CPI of 0.89 indicates that the project is over budget.
The SPI (Schedule Performance Index) is a measure of the project's schedule efficiency, calculated as the ratio of earned value (EV) to planned value (PV). An SPI of less than 1.0 indicates that the project is behind schedule, while an SPI of greater than 1.0 indicates that the project is ahead of schedule. In this case, the SPI of 1.14 indicates that the project is ahead of schedule.
Given this information, let's consider each of the possible answers:
A. Identify and document the risk.
Identifying and documenting risks is an important part of project management, but it may not be the most urgent task in this scenario. While there is always a risk associated with change requests, the project manager already knows that three of the five requests are awaiting initial review. In addition, the project's CPI and SPI suggest that cost and schedule performance are more pressing concerns.
B. Evaluate the impact and justification.
Evaluating the impact and justification of change requests is an important step in the change management process. However, in this case, the project manager already knows that two of the five requests have been approved and will be implemented. Therefore, the focus should be on implementing those changes and reviewing the remaining requests.
C. Implement the change.
Implementing the approved change requests should be the project manager's top priority, as they have already been approved and will likely have an impact on the project's cost and schedule performance. However, before implementing the changes, the project manager should ensure that all relevant documents and plans are updated to reflect the new scope of work.
D. Update the documents and plans.
Updating project documents and plans is an essential part of implementing any change, as it ensures that everyone involved in the project is aware of the new scope of work. However, in this case, implementing the approved change requests should be the priority. Once those changes have been implemented, the project manager should update the documents and plans accordingly.
In summary, the project manager should implement the approved change requests first, then update the relevant documents and plans. Identifying and documenting risks and evaluating the impact of change requests are also important tasks, but they are not as urgent in this scenario.
