A pharmaceutical company is developing three new drugs. Each one is a part of a line of products. One of the drugs is used over the counter. The second is a prescription for retail purchase. The third is used exclusively in hospitals during critical operations as a router point for small businesses to provide broadband capability to customers. You are over budget by 20% and your schedule for the project has slipped by several weeks. To compound your problems, marketing is recommending releasing the products simultaneously to the market at least three weeks earlier than planned. Your budget is thin, and your sponsor has informed you that no additional funding is available at this time. In this case, to deliver ahead of schedule, which of the following constraint adjustments will be most useful in resolving this challenge?

Includes questions from the following tasks:     Task 1 Measure project performance using appropriate tools and techniques in order to identify and quantify any variances and corrective actions.     Task 2 Manage changes to the project by following the change management plan in order to ensure that project goals remain aligned with business needs.     Task 3 Verify that project deliverables conform to the quality standards established in the quality management plan by using appropriate tools and techniques to meet project requirements and business needs.     Task 4 Monitor and assess risk... Show more

Includes questions from the following tasks:    
Task 1 Measure project performance using appropriate tools and techniques in order to identify and quantify any variances and corrective actions.    
Task 2 Manage changes to the project by following the change management plan in order to ensure that project goals remain aligned with business needs.    
Task 3 Verify that project deliverables conform to the quality standards established in the quality management plan by using appropriate tools and techniques to meet project requirements and business needs.    
Task 4 Monitor and assess risk by determining whether exposure has changed and evaluating the effectiveness of response strategies in order to manage the impact of risks and opportunities on the project.    
Task 5 Review the issue log, update if necessary, and determine corrective actions by using appropriate tools and techniques in order to minimize the impact on the project.    
Task 6 Capture, analyze, and manage lessons learned, using lessons learned management techniques, in order to enable continuous improvement.    
Task 7 Monitor procurement activities according to the procurement plan in order to verify compliance with project objectives.    

The Monitoring and Controlling domain accounts for 25% (50) of the questions on the PMP exam.

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