PMP micro learning videos Series - PMP Free Question 20: Payment issues on accepted deliverables

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PMP micro learning videos Series - PMP Free Question 20: Payment issues on accepted deliverables

Postby seema.sonkiya Fri Mar 01, 2019 7:11 am

This Video starts with the following question

You are doing project closure; the client's finance team does not understand accepted deliverable and finding it difficult to release the payment. What do you do next?
a. Share WBS with the finance team.
b. Share the Project Charter with the finance team.
c. Facilitate the conversation between finance team and other stakeholders.
d. Raise a risk in the risk register.

A. Share WBS with the finance team.
You as a Project Manager may think of sharing WBS with finance team so they can understand more about the deliverables. Finance team may need to understand more about the project before they can appreciate the deliverables.

B. Share the Project Charter with the finance team.
The project charter is an internal document for your project issued by the Sponsor; it is not a good idea to share this document with the finance team.

C. Facilitate the conversation between finance team and other stakeholders.
Good idea, you have accepted deliverables, which mean some of the client representatives already accepted the deliverables, facilitate the conversation among all stakeholders so they can explain each other.

D. Raise a risk in the risk register.
It is no more an uncertain event as of now. Yes while exploring this further it may raise some uncertainties.

Watch this video for the correct answer.

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