Welcome to ExamTopics
ExamTopics Logo
- Expert Verified, Online, Free.
exam questions

Exam PMP All Questions

View all questions & answers for the PMP exam

Exam PMP topic 1 question 915 discussion

Actual exam question from PMI's PMP
Question #: 915
Topic #: 1
[All PMP Questions]

A project in the execution phase is part of a large transformation program. The project manager for this project reports to a program manager and also heads the steering committee for this project. A steering committee meeting will be held in the following 2 weeks, during which the approach to measure the schedule performance of the project thus far will be presented.

What should the project manager do in preparation for this meeting?

  • A. Prepare to demonstrate the cost-benefit ratio, business value, and return on investment (ROI) as the schedule performance metrics.
  • B. Update the cost performance index (CPI) and schedule performance index (SPI) to measure the performance of the project.
  • C. Prepare to explain that the schedule performance index (SPI), schedule variance (SV), and other performance metrics are being used.
  • D. Inform the program manager that the project is using an agile approach and schedule performance metrics are not applicable.
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️

Comments

Chosen Answer:
This is a voting comment (?) , you can switch to a simple comment.
Switch to a voting comment New
Kim222
1 month, 2 weeks ago
Selected Answer: C
This meeting is scheduled and announced. CPI is completely irrelevant. So it's C.
upvoted 1 times
...
UppersquareCapital
8 months, 2 weeks ago
Selected Answer: C
In preparation for the steering committee meeting, the project manager should be ready to explain the schedule performance using relevant metrics such as the Schedule Performance Index (SPI) and Schedule Variance (SV). These metrics provide insights into how well the project is adhering to the schedule and whether it is ahead or behind. While option B suggests updating the Cost Performance Index (CPI) and SPI, focusing specifically on schedule-related metrics (SPI) is more relevant for addressing schedule performance in this context.
upvoted 2 times
...
Abdelmonm
8 months, 2 weeks ago
Selected Answer: C
Option C is the most appropriate choice. When reporting to a steering committee in a large transformation program, it's essential to communicate the project's schedule performance using standard project management metrics. The schedule performance index (SPI), schedule variance (SV), and other relevant performance metrics provide a quantitative measure of how well the project is adhering to the schedule.
upvoted 1 times
...
odylec
9 months ago
Selected Answer: B
B is the answwer . In preparation for the upcoming steering committee meeting, the project manager should prioritize updating the Cost Performance Index (CPI) and Schedule Performance Index (SPI) to effectively measure the project's cost and schedule performance. These metrics are crucial for providing quantitative insights into the project's progress. While option A suggests financial metrics, the primary focus here is on schedule performance. Option C correctly mentions SPI and Schedule Variance (SV), reinforcing the importance of tracking these metrics. Option D, dismissing schedule performance metrics in an agile context, may hinder effective communication of project progress. Therefore, updating CPI and SPI aligns with standard project management practices and ensures a comprehensive assessment for the steering committee.
upvoted 3 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...