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← Project Management Concepts practice sets

PK0-005 Project Management Concepts • Set 13

PK0-005 Project Management Concepts Practice Test 13 — 15 Questions

PK0-005 Project Management Concepts Practice Test 13 — 15 questions with explanations. Free, no signup.

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A small consulting firm is considering taking on a new project to develop a custom software application for a client. The firm has limited resources, and the owner, who is also the project manager, must decide whether to accept the project. The client has offered a fixed price of $50,000 with a six-month deadline. The firm estimates that the project will require 800 hours of work from a senior developer and a junior developer. The senior developer is currently assigned to another project that will last another four months, while the junior developer is available full-time. The owner has a decent cash reserve but is concerned about overextending the team. What should the owner do FIRST?

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