You are halfway through a 12-month project. Your BAC is $12,000. The contractor’s performance to date is PV = $8,000, EV = $7,000, and AC = $9,000. Your SPI = 0.87, and CPI = 0.77. The contractor tells you this is okay because the project still has six months to go, and they can make it up in the last half of the project. This is the first time you have worked with this contractor, so you have no history of past performance. For the contractor to get back to the original due date, the performance level must be:

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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