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Questions # 11:

With respect to the management of quality on projects, which of the following statements is true?

Options:

A.

The only actions required are to inspect the final deliverables and reject items that do not meet specifications.

B.

A key responsibility of a project manager is to ensure that design specifications are met.

C.

The central theme of project quality is to exceed the expectations of the client by building to the highest standards.

D.

Most project processes produce outputs with no variation in quality characteristics.

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Questions # 12:

Because of the severity of actions of the employer an employee takes the decision to resign. This could be classed as which of the following?

Options:

A.

Calculative dismissal

B.

Wrongful dismissal

C.

Redundancy

D.

Constructive dismissal

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Questions # 13:

Which of the following is NOT designed to deal with risk and uncertainty when planning for time?

Options:

A.

Project evaluation and review

B.

Resource histogram

C.

Buffering

D.

Scenario Planning

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Questions # 14:

Identify THREE advantages of a matrix organisation structure for the execution of significant business projects:

Options:

A.

Combines functional knowledge with project accountability

B.

Provides flexibility in terms of meeting concurrent priorities

C.

Enables staff to focus on a single professional commitment

D.

Involves staff answering to more than one supervisor or line manager

E.

Fosters interdisciplinary co-operation in pursuit of project goals

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Questions # 15:

A project manager is calculating the budget cost of a single project task called "Server Configuration".

 

This task is estimated to last 8 weeks and requires the full-time services of two software consultants, both for the entire duration of the task.

One consultant commands an inclusive rate of $400/day and the other $40/hour based on an eight hour day. Fixed hardware costs of $12,000 have also been estimated for the task.

 

Calculate the total budget cost for the task (ignoring any other resources or costs) - assuming a five day working week.

 

Give your answer as a whole number.

 

The total cost is $    .

Options:

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Questions # 16:

Bob is the Finance Director of a manufacturing business selling luggage sucn as suitcases. He decides to undertake a business process re-engineering of the credit control function in order to achieve dramatic

improvements.

What wouldn't be classed as the main improvements bob expects to deliver?

Select ALL that apply.

Options:

A.

To change the culture of the team

B.

To improve security of information

C.

To automate the credit control process to reduce costs

D.

To improve the speed of the process to improve efficiency

E.

To reduce errors in credit control and produce more accurate information

F.

To do this in line with new sophisticated information systems

G.

To improve the motivation of the team

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Questions # 17:

There are many implications for an organisation when using PRINCE 2 for managing projects. Which of the following statements are correct?

Options:

A.

The Project Manager can make decisions independently without the approval of the board

B.

The Project Manager must follow a restricted step by step procedure

C.

All six processes and the many sub processes must be followed

D.

Project staff must operate under a strictly managed and controlled regime

E.

All actions must be within the bounds of agreed project objectives and scope

Expert Solution
Questions # 18:

The B Car Company is considering a joint venture with a company in Country X. It is undertaking a political risk analysis at both a micro and macro level. Which of the following is a micro level risk?

Options:

A.

Threat of civil war in Country X

B.

Government expropriation of private company assets wtthout compensation

C.

Government regulation of the Car Industry in Country X

D.

Political boycott of goods from Country X by several other countries

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Questions # 19:

Which of the following options contains the four criteria of a unique resource identified by Barney (1991) ?

Options:

A.

Valuable, Extendable, Rare, Substitutable

B.

Unsubstitutable, Valuable, Imperfectly Imitable, Rare

C.

Extendable, Substitutable, Imperfectly Imitable, Valuable

D.

Rare, Substitutable, Imperfectly Imitable, Valuable

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Questions # 20:

James argues that performance appraisal has its roots in three substantiated psychological principles, meaning that people work / learn / achieve more when they are given the opportunities.

 

Which of the following does NOT apply?

Options:

A.

Information for human resource planning.

B.

Involvement in the setting of tasks and goals.

C.

Adequate feedback as to how they are performing, in other words knowledge of results.

D.

Clear attainable goals so they know what to strive for.

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