Task 4 Identify Alternative Project Execution Options, Using Tools and Techniques Such as What-If Scenario Analyses, in Order to Optimize the Schedule. PMI-SP Practice Questions (Page 3)

Questions 11–15

1. 11foundation · easy

   A project manager uses what-if scenario analysis to evaluate the impact of fast-tracking two critical path activities. What is the primary output of this analysis?

   • AA risk register update listing new risks introduced by the fast-tracking
   • BA resource histogram showing the allocation of resources over time
   • CA list of all activities that have float or slack in the project network
   • DA revised project schedule showing the effect of the fast-tracking on the project completion date
   Reveal Solution Discussion Select an answer first
2. 12application · medium

   A manufacturing project is behind schedule because a critical machine is only available for a limited number of hours per day. The project manager wants to optimize the schedule without adding significant cost. Which alternative execution option should the project manager consider first?

   • ACrash the schedule by adding a second shift
   • BReduce the project scope to shorten the schedule
   • CFast-track activities that can be done in parallel
   • DApply resource leveling to optimize machine usage
   Reveal Solution Discussion Select an answer first
4. 13application · medium

   A project manager wants to evaluate the impact of a potential 2-week delay in a supplier delivery on the project completion date. The project manager has the project schedule and wants to see how this delay would affect the critical path. Which technique should the project manager use?

   • AEarned value management
   • BResource leveling
   • CWhat-if scenario analysis
   • DCritical chain method
   Reveal Solution Discussion Select an answer first
5. 14foundation · easy

   In schedule management, what-if scenario analysis is used to:

   • AAutomatically update the schedule baseline whenever a change occurs
   • BAssess the schedule impact of potential changes or alternative execution strategies
   • CGenerate a single deterministic schedule based on the most likely estimates
   • DReplace the need for a detailed project schedule by providing a high-level overview
   Reveal Solution Discussion Select an answer first
6. 15foundation · easy

   A project manager has run what-if analyses for two schedule optimization options: crashing and fast-tracking. The crashing option reduces the schedule by 10 days but increases cost by 15%. The fast-tracking option reduces the schedule by 8 days with no additional cost but increases rework risk. Which option should the project manager select?

   • AThe option that best aligns with the project's priorities for cost, schedule, and risk
   • BCrashing, because it provides the greatest schedule reduction
   • CNeither option, because both have drawbacks
   • DFast-tracking, because it has no additional cost
   Reveal Solution Discussion Select an answer first