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Task 6: Plan and manage scheduleschedule managementestimationMonte Carlouncertainty management

PMP · Question 20 · Task 6: Plan and manage schedule

A project manager is developing a schedule for a complex software implementation that involves multiple interdependent workstreams: data migration, system configuration, user training, and testing. The client has requested an aggressive timeline, but the project manager's initial estimates suggest the timeline is unrealistic. Historical data from similar projects shows significant variability in task durations. What should the project manager do FIRST?

Answer options:

A.

Accept the client's timeline and plan to add resources if needed to meet the deadline

B.

Use three-point estimation and Monte Carlo simulation to develop realistic schedule ranges with confidence levels

C.

Create a detailed work breakdown structure and use expert judgment to refine the estimates

D.

Negotiate with the client to extend the timeline based on the initial estimates

How to approach this question

Look for estimation approaches that account for uncertainty and variability using historical data and statistical methods.

Full Answer

B.Use three-point estimation and Monte Carlo simulation to develop realistic schedule ranges with confidence levels✓ Correct
B
Effective schedule management requires using appropriate estimation techniques that account for uncertainty and provide decision-makers with realistic ranges and confidence levels.

Common mistakes

Students often choose simple estimation or negotiation approaches rather than recognizing the need for statistical methods when dealing with uncertainty.
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