Which of the following individuals performs various management roles within an administrative or functional area of the business, such as human resources, finance, accounting, or procurement?
The role of a functional manager is to perform various management roles within an administrative or functional area of the business, such as human resources, finance, accounting, or procurement. He is assigned his own permanent staff to carry out the ongoing work. He should have a clear directive to manage all tasks within his functional area of responsibility. Answer option D is incorrect. A project manager is an expert in the field of project management. He is responsible for the entire project from inception to completion. The project manager leads the team and helps negotiate the multiple relationships within any project whether with clients, team members, firm principals or any variety of partners and functions as the hub of a project. Answer option A is incorrect. Seller is also known as a vendor, supplier or contractor. They are external company's elements that enter into a contractual agreement to provide components or services necessary for the project. Answer option B is incorrect. The role of operations manager is to perform various management roles in a core business area, such as research and development, design, manufacturing, provisioning, testing, or maintenance. The operations manager directly deals with constructing and maintaining the saleable products or services of the enterprise.
Mary is the project manager of the H1QZ Project. This project is a subproject of the HQZ Project and the project schedule is fixed and cannot vary. Stephen, a project team member, reports that he's having trouble completing his project assignment and will likely be at least two days late. Examine the figure given below:

If Stephen's assignment is Activity B, what impact will his two days of lateness have on the project end date?
You work as a Project Manager for Tech Perfect Inc. Several projects are running under your supervision. Martha, the team leader of a project, provides you performance indexes of her project. The cost variance (CV) of her project is -20. What does this figure depict?
According to the question, the cost variance of the project is -20, which is a negative
figure. The negative CV depicts that the costs are higher
than planned.
What is CV?
Cost variance (CV) is a measure of cost performance on a project. The variance notifies if costs are
higher than budgeted
or lower than budgeted. The cost variance is calculated based on the following formula:
CV = Earned Value (EV) - Actual Cost (AC)
A positive value means that spending is less than budgeted, whereas a negative value indicates that
costs are higher than
originally planned for the project.
Answer option B is incorrect. This result is drawn when the CV value is positive.
Answer option A is incorrect. If the CV is zero, it shows that spending is right on target.
Answer option C is incorrect. This result is depicted by viewing the schedule variance (SV), not the
CV.
What is SV?
Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that
the schedule is ahead
or behind what was planned for this period in time. The schedule variance is calculated based on the
following formula:
SV = Earned Value (EV) - Planned Value (PV)
If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater
than 0 shows that the
project is ahead of the planned schedule. A value of 0 indicates that the project is right on target.
with an appropriate phrase.
The __________ includes a description of any collateral services required, such as performance reporting or post-project operational support for the procured item.
The procurement SOW consists of a description of some collateral services required, such as performance reporting or post- project operational support for the procured item. The procurement SOW is revised and refined as required when it moves through the procurement process until incorporated into a signed contract award.
You are the project manager of the NNN Project. Stakeholders in the two-year project have
requested to send status reports to them via email every week. You have agreed and are sending the
reports on each Thursday. After six months of the project, the stakeholders are pleased with the
project progress and they would like you to reduce the status reports to every two weeks. What
process will examine the change to this project process and implement it in the project?
Although this appears to be a simple change the project manager must still follow the
rules of the project's change control system. 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 D is incorrect. Communications management is the execution of the communications
management plan.
Answer option A is incorrect. The project change control process not valid as it's the parent of the
integrated change control process, which is
more accurate for this question.
Answer option C is incorrect. Configuration management is the documentation and control of the
product's features and functions.
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