Resource Planning

Correct Answer: Implement a resource calendar

The best course of action for the project manager is to implement a resource calendar. This is essentially a plan or schedule, outlining when and how resources are to be used, providing a structured methodology to manage the physical and human resources needed for the project. Using a resource calendar allows for better management of the utilization of resources and can help to prevent resource fatigue. The other alternatives are not ideal. Ignoring the possibilities of resource fatigue would only worsen the problem as the resources will continue to be overused, leading to a decrease in productivity and further damage to the project's progress. Requesting for a project deadline extension is not the best solution as it doesn't address the cause of the problem which is resource fatigue, it only delays the possible failure of the project. Finally, simply removing fatigued resources from the project might be seen as a temporary solution but it does not fix the actual problem of resource overuse and could also lead to other issues, such as loss in invested training and competence, and having to train new resources.

Correct Answer: Fast tracking

The best solution for a project manager with too few resources to meet a deadline would be 'Fast tracking'. Fast tracking involves performing more activities in parallel, it allows to complete the project within the specified timeline even with fewer resources. On the other hand, 'Gold plating' is unnecessary and can often lead to increased costs and risks. It involves adding extra features or functions to the product which were not included in the original plan. 'Prolong the project deadline' may not always be a feasible solution as it may not meet the client's requirements or the planned schedule. 'Reduce the project's quality' is not an ideal solution because compromising the quality of the project may lead to dissatisfaction among stakeholders and may not deliver the desired result.

Correct Answer: Negotiate with the vendor for an expedited replacement while implementing the temporary workaround to minimize delay.

Negotiating with the vendor for an expedited replacement while implementing a temporary workaround is the best course of action. This approach minimizes the delay while ensuring the project continues to progress. Halting all project activities would cause significant delays and waste resources. Redirecting resources to another phase may not be feasible if the faulty component is critical to the current phase. Leveraging the contingency budget for a more expensive replacement could strain the budget and may not be the most cost-effective solution. By working with the vendor and utilizing the team's capabilities, the project manager can address the issue while minimizing the impact on the project's timeline and quality.