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NEW QUESTION # 11
You are managing a large UK-based team to design and build a multi-billion dollar railway in the Middle East. You have completed a stakeholder analysis and identified a diverse range of stakeholders, each with differing levels of power and interest in the project.
Describe the engagement approach you would take with both of these stakeholder groups and why you would take that approach.
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
* International Banking Group:Inform and consult regularly to build confidence and align interests.
* Local Government Department:Actively engage and ensure compliance with regulations to avoid permit-related delays.
Detailed Explanation:
* Engagement for International Banking Group:As financial backers, keeping them informed ensures alignment with long-term funding goals.
* Engagement for Government Department:Their regulatory authority can impact project timelines; active collaboration avoids unnecessary delays.
Communication Barriers and Mitigations:
* Cultural Differences:Sensitivity training and local liaisons.
* Language Barriers:Professional interpreters and translated materials.
* Time Zone Differences:Schedule meetings at convenient times and use asynchronous updates.
NEW QUESTION # 12
Select the correct options from the drop-down lists:
Answer:
Explanation:
Explanation:
Work is completed on time.
The skills required.
Ensuring work is completed on time is critical to effective resource management, as it ensures the project meets its deadlines.
NEW QUESTION # 13
You start mentoring a junior team member who is new to the project profession. In the first month of mentoring them, you notice their attitude towards stakeholders is poor.
State two impacts this lack of professionalism and knowledge could have on the project's performance.
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
* Stakeholder disengagement.
* Decreased team morale.
Detailed Explanation:
* Poor stakeholder management leads to reduced buy-in and lack of valuable input, which can derail project objectives.
NEW QUESTION # 14
Identify one of the five steps of a benefits management plan and state one action you would take to apply it to ensure the successful realization of project benefits.
Answer:
Explanation:
See the Explanation for both solutions in detail:
Explanation:
Benefit:Benefits Realization Tracking.Action:Regularly monitor key performance indicators (KPIs) to ensure the project is delivering the expected outcomes.
Detailed Explanation:
NEW QUESTION # 15
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 # 16
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