IIA IIA-QIAL-Unit-1 Q&A - in .pdf

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  • Exam Code: IIA-QIAL-Unit-1
  • Exam Name: QIAL - Unit 1: Internal Audit Leadership
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NEW QUESTION: 1
You are the project manager of the NHL Project for your organization. You are working with your project team to create the schedule baseline for this project. According to you, which of the following statements describes how the schedule baseline is created?
A. It is assigned to the project by management.
B. It is developed from the schedule network analysis.
C. It is created by the stakeholders.
D. It is derived from the constraints of the project.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The schedule baseline is a specific version of the project schedule developed from the schedule network analysis. It is built by networking individual work elements and verifying the path or paths with the longest total duration. That path is then compared against the project due date, or it may serve as the determinant of the project end date. Schedule baseline is a project schedule used in measuring project progress. It helps provide a comparison with the actual progress of work against the schedule and to determine if performance to date is within acceptable parameters. Any change caused by change in scope of the project invalidates the original schedule and requires a new baseline schedule.
Incorrect Answers:
A: Management may impose constraints on the project, but according to the PMI, the baseline is developed from schedule network analysis.
B: Constraints on the project typically include time, cost, and scope (among others), but the schedule baseline is only concerned with the time limits of the project.
C: Project stakeholders are those entities within or without an organization, which: Sponsor a project or, Have an interest or a gain upon a successful completion of a project. Examples of project stakeholders include the customer, the user group, the project manager, the development team, the testers, etc.
Stakeholders are anyone who has an interest in the project. Project stakeholders are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion. They may also exert influence over the project's objectives and outcomes. The project management team must identify the stakeholders, determine their requirements and expectations, and, to the extent possible, manage their influence in relation to the requirements to ensure a successful project.

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