What is not from the following a part of project phasesO a. ExecutionO b. PlanningO c. InitiationO d. SelectionO e. Monitoring and controlProject management leader is;O a. Corporate intensiveO b. Leader intensiveO c. Human intensive What is project?O a. Have defined start and end datesO b. All of theseO c. Have funding limits (if applicable)O d. Consume human and nonhuman resourcesProject management is designed to manage or control company resources onO a. All of theseO b. Within costO c. within performanceO d. Within timeO e. Given activity

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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If objectives are thought of as statements of where one wants to go, then a(n) ________ plan is a map that tells them how to get there. a. operational b. strategic c. contingency d. action QUESTION 7 A(n) ________ is defined as a plan for spending money. a. budget b. contingency plan c. schedule d. action plan
The more formal term for what is often referred to as 'Plan B' is a Select one: a. convergence plan b. catastrophe plan c. circumstantial plan d. contingency plan What is "the service concept"? Select one: a. How profitable the service is expected to be over the long term. b. A detailed description of customer requirements and how they are to be satisfied. C. The definition of the market the service will serve. d. The communication skills, qualifications and interests of the workforce.
a. If you are senior managment what are the challenges of implementing a project management information system in an organization that manages several projects? b. If you are a project manager what are the challenges of implementing a project management information system in an organization that manages several projects? c. If you are a general employe what are the challenges of implementing a project management information system in an organization that manages several projects?
Creative Homework/Short Project. As a director of purchasing for a firm thatmanufacru.res motorcycles. you have been notified that the price of animportant part used in the manufacture of the bikes has nearly doubled from$100 to nearly $200. You see your company having three choices: buying thepart and passing the cost on to the customer by increasing your price; buyingthe pa.rt and absorbing the increase in cost, keeping the price of your bikesthe same; or buying a lower-priced part that will be of lower quality. Preparea list of pros and cons for each aJternative. Then ex.plain your recommenda·cion and justification for it.
Which of the following areas of planning is most likely to lead to a project failure if not performed Question 20 options: a Stakeholder analysis b Gantt chart c Dedicated team focused solely on the project d Evaluation report
Each response should be 3/4 of a page to 1 page in length. 1. As the new QI Director of an 800 bed Acute Care Hospital, you have been asked to develop a strategic plan to assess the current QI program and determine any required revisions or updates. Please complete a hypothetical assessment and a plan to address any required updates. Additionally develop a brief QI work plan of proposed topics for the remainder of 2022.
a. Give 3 reasons why is it important to conduct resource analysis when doing project management. b. Show with examples how IT/MIS tools can assist with conducting resource analysis
Part I. True/False Questions. (1) ______ A linear PMLC model consists of a number of dependent phases that are executed in a sequential order with no feedback loops. (2) _____ The purpose of the planning process group is to develop and gain approval of a general statement of the goal and business value of the project. (3) ______ Estimating the total cost of the work belongs to the launching process group. (4)_______Excellent time management in project management requires the planning, scheduling, monitoring and controlling of all project activities. (5) _______Databases belong to the electronic communications management. (6) _______A requirement is a desired end-state whose successful integration into the solution meets more than one needs and delivers specific, measurable, and incremental business value to the organization. (7) _______Functional requirements specify what the product or service must do. (8) _____The work breakdown structure is a hierarchical description…
Project risk management involves: O A. Analogous estimating, bottom-up estimating and parametric modelling O B. Cost estimating, cost budgeting and cost control O C. Risk identification, contingency budgeting and contracts management O D. Net present value, return on investment and payback analysis
I. MULTIPLE CHOICE . Which of the following statements concerning CPM activities is false?. A. The late finish is the earliest of the late start times of all successor activities. 1. B. The late start of an activity is its late finish less its duration. C. The early start of an activity is the latest early finish of all preceding activities. D. The late finish of an activity is the earliest late start of all preceding activities. E. The early finish of an activity is the early start of that activity plus its duration. 2. Which of the following would not be an operations function in a fast-food restaurant? A. designing the layout of the facility B. advertising and promotion C. maintaining equipment D. making hamburgers and fries E. purchasing ingredients 3. Which of the following is not a reason for globalizing operations? A. reduce costs B. improve the supply chain C. stockholder approval ratings D. attract new markets E. provide better goods and service An activity on a PERT network…
Which of the following describes the contents of a staffing managementplan?A. Organizational Chart, Training needs, Estimated Labor Cost, and Release CriteriaB. Sponsor, Organizational Chart, Scope Verification Plan, and ScheduleC. Resource histogram, Training Needs, Recognition and Rewards, and ReleaseCriteriaD. RACI Matrix, Organizational Chart, Performance Improvement Plan, and Budget Which of the following is NOT a part of the preliminary scope statement?A. A list of requested changesB. A list of project deliverablesC. The project objectivesD. A rough order of magnitude cost estimate
No written by hand solution You are to select any Product of your choice that is currently in the market. Your Project entails developing a Proposal for a 4-6 page double spacing Marketing Management Plan on a Product Launch. Kindly observe the Project format of the College. However, the headings should be as follows: i. Introduction/Background information on the Company. ii. Product Profile. iii. Target Market. iv. Marketing Objective. v. The Market (including Analysis) vi. Recommendation. vii Reference or Reference Page.

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What is not from the following a part of project phases a. Execution O b. Planning O c. Initiation O d. Selection O e. Monitoring and control