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NEW QUESTION: 1
Kay is the project manager of the QUI Project. This project is done but is also considerably over budget. Kay has elected to crash the project in order to recoup schedule delays but this increased the project costs. What should Kay do with the information regarding the schedule delays and cost overruns?
A. File the information as part of the project final report.
B. Create an exceptions report.
C. Create a variance report.
D. Create an entry in the lessons learned documentation and explain her reasoning behind the corrective actions.
Answer: D
Explanation:
When there have been significant corrective action decisions the reasoning behind the decision should be documented in the lessons learned documentation. What is lessons learned documentation? Lessons learned documentation is prepared to contribute to the lessons learned knowledge database of the organization. It includes the causes of issues, the reasoning behind the corrective action chosen, and other types of lessons learned about stakeholder management.
Lessons learned are documented so that they become part of the historical database for the
project/program and the performing organization. The lessons learned are compiled, formalized,
and stored through out the project's/program's duration.
Answer option C is incorrect. A variance report may be appropriate but cost and schedule
variances are reported differently. Kay could create a cost variance report and a schedule
variance report, but not one report for both project attributes.
Answer option B is incorrect. An exceptions report is the same as a variance report. Kay would
create a separate exceptions report for cost, and another for schedule.
Answer option D is incorrect. The information may go into the project final report but it should be
included in the project's lessons learned information when it is discovered.

NEW QUESTION: 2

A. Option B
B. Option C
C. Option A
D. Option D
Answer: D

NEW QUESTION: 3
Medicare is the federal government program established under Title XVIII of the Social Security Act of 1965 to provide hospital, medical and other covered benefits to elderly and disabled persons. Medicare is available for:
A. Persons with end-stage renal disease (ESRD)
B. Low income individuals
C. Persons with qualifying disabilities (over the age of 63)
D. Persons age 63 or older.
Answer: A