Helping Hand Questions for PMI-SP

Because this project needs the specific resource of Henry, the application developer, and Henry is not available, it is considered as a resource constraint. Recall that a constraint is anything that limits the project manager's option.

Answer option C is incorrect. A resource requirement is simply the need for an application developer.

Answer option B is incorrect. This is likely a matrix organization, but it is not the best answer for this question.

Answer option A is incorrect. While there may be some competition for skilled resources, such as Henry, the application developer, it is not the best answer for this question.

The schedule performance index can be found by dividing the earned value by the planned value. In this instance, it is $180,000 / $247,500 for a value of .73. Schedule performance index (SPI) is the measure of schedule efficiency on a project. It is used in trend analysis to predict future performance. SPI is the ratio of earned value to planned value. The SPI is calculated based on the following formula: SPI = Earned Value (EV) / Planned Value (PV) If the SPI value is greater than 1, it indicates better than expected performance, whereas if the value is less than 1, it shows poor performance. The SPI value of 1 indicates that the project is right on target.

Answer option D is incorrect. This is the schedule variance formula of EV-PV.

Answer option A is incorrect. This is the TCPI formula of 1.04.

Answer option B is incorrect. This is the VAC formula with a result of -$27,500.

According to the PMBOK, automated scheduling tools expedite the scheduling process. The scheduling tool is used in combination with manual methods or further project management software to carry out the schedule network analysis to produce an updated project schedule.

Answer option C is incorrect. The project management information system is the complete project management software package beyond just the scheduling portion.

Answer option D is incorrect. This is not a valid answer.

Answer option A is incorrect. While the software may be made available as a part of organizational process assets, the best answer is the scheduling tool.

The schedule development process is used for selecting a scheduling method, scheduling tool, incorporating project specific data within that scheduling tool to develop a project specific schedule model, and generating project schedule. Schedule development is the process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule. Inserting the activities, durations, and resources into the scheduling tool generates a schedule with planned dates for completing the project activities. The goal of the schedule development is to form the processes such that the stakeholders can use it in the creation of the project. Schedule development consists of two main sections:

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1.Input and Data: The starting point for any schedule is the input of information developed during the planning process.

Define schedule scope

Breakdown structure relationships

Schedule specification

Feedback from stakeholders

Cost estimate model

2.Creating Schedule: This process provides basic knowledge in an outline structure for a study of the means, methods, and tools necessary for the project schedule development process.

Types of schedules

Activities

Durations

Relationships

Constraints and calendars

Cost and resource loading

Schedule quality analysis and compliance review

Schedule basis documentation

Answer option B is incorrect. Schedules maintenance is a method to account progress and to forecast trends, progress, and completion. Schedules are used to manage successful execution of projects. A schedule models the plan using resources and execution strategy to gather the project objectives. Periodic updates are undertaken to determine the actual progress achieved. Information obtained in the updating process, along with trend analysis and forecast of future progress, is reported to stakeholders. These progress updates include schedule maintenance to account for nominal changes to the execution plan. Depending upon the nature of change, the schedule and assumptions upon which the schedule was based significantly change. The schedule must be re-examined and updated, as necessary, to develop a new baseline for measuring further progress. Schedule maintenance consists of the following elements:

Baseline Schedule

Tracking Schedule Progress

Cost and Resource Management

Schedule Change Management

Acceleration

Schedule Maintenance Feedback

Answer option D is incorrect. Perform Integrated Change Control is the process of reviewing all change requests, approving changes, and controlling changes to the deliverables and organizational process assets in a project. Perform Integrated Change Control has to do with influencing the things that cause change, determining that the change is required or has happened, and managing the change.

Answer option A is incorrect. Constructability analysis is a process that starts in the initial planning phases and persists all over the entire planning cycle and into the implementation phase of the project. Constructability analysis during the planning process examines the methods and cost of installed equipment and materials, technology, site conditions, resources, and related infrastructure. The benefit of constructability analysis is to reduce both the time and cost of a project. Constructability analysis is repeatedly performed throughout the life-cycle of a project in order to optimize cost, plan, and schedule while mitigating risk. It is a very important process that needs to be performed early in planning to allow alternatives to be considered and integrated into the design.