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You are a project manager for Pizza Direct, which is a retail pizza delivery store.
Your company is competing with another retail store for the option of opening two new stores in a foreign country. You have been invited to dinner with the prospective foreign business partners and their spouses upon your arrival. You know that all of the following are generally true except:
A. You should spend time building relationships with your prospective foreign business partners before getting down to business.
B. You should explain your company's rules, standards, and operating policies at your first meeting with the prospective foreign business partners.
C. You should build an atmosphere of mutual trust and cooperation.
D. You should respect the cultural differences you'll encounter when working with your prospective foreign business partners.
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product development vs IT services
You are a project manager for a growing dairy farm. They offer their organic dairy products regionally and are expanding their operations to the West Coast. They're in the process of purchasing and leasing dairy farms to get operations under way. The sub project manager in charge of network operations has reported some hardware problems to you. You’re also having some other coordinating and integrating other elements of the project. Which of the following is true? A. You are in the Project Plan Execution process. B. Your project team doesn't appear to have the right skills and knowledge needed to perform this project. C. You are in the Information Distribution process. D. Your project team could benefit from some team-building exercises.
explain the contents of menubar
You are a project manager for a new software development project. You have a few activities that require specialized testing. The testing might need to be repeated more than once. Which of the following do you choose? A. The Graphical Evaluation and Review Technique because it allows for conditional branching and looping for the testing activity B. The Critical Path Method because it allows for float time to be calculated for the testing activity C. The Program Evaluation and Review Technique because it allows for conditional branching and looping for the testing activity D. The Program Evaluation and Review Technique because it allows for a weighted average distribution, which will even out the time needed for the testing activity
You work for a large manufacturing plant. You're working on a new project for an overseas product release. This is the company's first experience in the overseas market, and they hope to make a big splash with the introduction of this product. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the U.S. product uses. A new machine is needed in order to mix the first set of ingredients in the concentrated formula. Which of the following is true? A. The new machine, the concentrated formula, and the smaller package are each project constraints. B. The new machine, the concentrated formula, and the smaller package description must be incorporated into the product description document. C. The new machine, the concentrated formula, and the smaller package are each project assumptions. D. The new machine, the concentrated formula, and the smaller package are each considered deliverables.
You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You have been invited to dinner with the prospective foreign business partners and their spouses upon your arrival. You know that all of the following are generally true except: A. You should spend time building relationships with your prospective foreign business partners before getting down to business. B. You should explain your company's rules, standards, and operating policies at your first meeting with the prospective foreign business partners. C. You should build an atmosphere of mutual trust and cooperation. D. You should respect the cultural differences you'll encounter when working with your prospective foreign business partners.
You are the project manager for Heart of Texas casual clothing company. Your project involves installing a new human resources system. You've identified the risks associated with this project and are ready for the next step. What is the next step? A. You will evaluate the risks and assign probabilities and impacts using Qualitative and/or Quantitative Risk Analysis. B. You will use the Delphi technique to confirm the risks you've detailed and identify others you may have missed. C. You must evaluate the risks and assign probabilities and impacts using both Qualitative Risk Analysis, which comes first, then Quantitative Risk Analysis. D. You will define the steps to take to respond to the risks and detail them in the risk response plan.
How does a project manager can avoid the above given ten points for the success of project.
Scope definition is necessary for all of the following reasons except: A. To subdivide project deliverables into smaller components B. To assess the stability of the project scope C. To facilitate time and cost estimates D. To facilitate responsibility and assignment
You've constructed the WBS for your recent project. Level two assignments have been made, and you've requested that the sub project manager’s report back to you in 3 weeks with each of their individual WBS constructed. All of the following are true except: A. The work package level facilitates resource assignments. B. The work package level is the lowest level in the WBS. C. The work package level defines the agreed-upon deliverables. D. The work package level facilitates cost and time estimates. ?
You are preparing a cash flow analysis for a project the company is considering undertaking. The project's cost is $525,000, and expected cash inflows are $125,000 the first year and then $75,000 per quarter the second year and $100,000 per quarter after that. What is the payback period? A. 16 months B. 27 months C. 32 months D. 28 months
The VP of customer service has expressed concern over a project you're involved in. His specific concern is that if the project is implemented as planned, he’ll have to purchase additional equipment to staff his customer service center. The cost is substantial and was not taken into consideration in the project budget. The project sponsor insists that the project must go forward as originally planned or the customer will suffer. Which of the following is true? A. The VP of customer service is correct. Since the cost was not taken into account at the beginning of the project, the project should not go forward as planned. Project initiation should he revisited to examine the project plan and determine how changes can be made to accommodate customer service. B. The conflict should be resolved in favor of the customer. C. The conflict should be resolved in favor of the project sponsor. D. The conflict should be resolved in favor of the VP of customer service.
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