You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail score for the option of opening two new stores in a foreign country. You know, but have not yet informed your company, that you are going to go to work for the competitor, which happens to be bidding for this same opportunity. What is the most appropriate response?
A. You decline to participate in the initial meetings with the foreign business partners due to conflict of interest.
B. You've not yet received an official offer from the competing company for your new job opportunity, so you choose to participate in the initial meetings with the foreign business partners.
C. You decide to participate in the initial meetings with the foreign business partners because any information you gain now will help you when you make the move to the new company.
D. You inform the foreign business partners that you're going to be working with a new company and that you know the deal they'll receive from the competing company is better than the one this company is proposing.
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The purpose of the Initiation process is to: A. Formally recognize the existence of a project or project phase B. Formally recognize the need that brought about the project be it marketing demand, customer requests, business need, technological advances, or legal requirements C. Formally recognize the stakeholders of the project and identify them in the project charter D. Formally recognize the project sponsor and document his or her project goals
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.
define the zero date in project management
You are a project manager for Candy Works candy factory. Your project involves reporting information from the newly installed candy-counting machine to the financial system. This will give executives the ability to see production run counts at any time during the day. You need to purchase　an expensive piece of hardware as part of this project. One of the vendors bidding on the project is a close friend. In order to win the bid, she needs to know how much money the company is willing to spend on the equipment and consulting. Your friend asks you to give her this confidential information and not tell anyone you did. Which of the following is the most appropriate response? A. Tell your friend that as a PMP, you're required to abide by the Project Management Professional Code of Professional Conduct and this would violate the code as it's a conflict of interest. B. Tell your friend that as a PMP, you're required to abide by the Project Management Professional Code of Professional Conduct and this would violate the code as it’s a personal gain. C. Tell your friend that as a PMP, you're required to abide by the Project Management Professional Standards and Ethics Code and this would violate the code as it’s a conflict of interest. D. Tell your friend that as a PMP, you’re required to abide by the Project Management Professional Standards and Ethics Code and this would violate the code as it’s an ethics violation.
You are the project manager for Fun Days vacation packages. Your new project assignment is to head up the Fun Days resort opening in Austin, Texas. You are estimating the duration of the project plan activities, devising the project schedule, and monitoring and controlling deviations from the schedule. Which of the Project Management Knowledge Areas are you working in? A. Project Scope B. Project Quality C. Project Integration D. Project Time
What are the inputs to the Initiation process? A. Product description, strategic plan, project selection criteria, and historical information B. Product description, strategic plan, project overview document, and historical information C. Strategic plan, project overview document, feasibility study, and historical information D. Product description, strategic plan, constraints, and assumptions
What are the csfs in the software project management ?
Describe capability maturity model (cmm).
Your company. Kick That Ball Sports, has appointed you project manager for their new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line involves three new products, some with multiple deliverables. The Scope Definition process is now complete. Which of the following is true? A. The WBS template, an output of the Scope Definition process, was used from the previous project to create the WBS for this project. The WBS encompasses the major deliverables for the project. B. The WBS template from the previous project, an output from the Scope Planning process, was used to create the WBS for this project. The WBS encompasses the major deliverables for the project. C. The WBS, an output of the Scope Planning process, has been created, and it encompasses the full scope of work for the project. D. The WBS, an output of the Scope Definition process, has been created, and it encompasses the full scope of work for the project.
You are the project manager for a cable service provider. Your project team is researching a new service offering. They have been working together for quite sometime and are in the performing stage of Team Development. A new member has been introduced to the team. Which of the following is true? A. The Team Development process will start all over again with the storming stage. B. The team will continue in the performing stage. C. The Team Development process will start all over again with the forming stage. D. The team will start all over again at the storming stage but quickly progress to the performing stage. ?
Your company has asked you to be the project manager for the product introduction of their new DeskTop Rock media system. You recently published a document that establishes the scope baseline. Which of the following is true? A. This is the scope statement, which is an output of the Scope Planning process. B. This is the scope statement, which is an output of the Scope Definition process. C. This is the scope statement, which is a tool and technique of the Scope Definition process. D. This is the scope management plan, which is an output of the Scope Definition process.
Which of the following is true? A. Discounted cash flow analysis is the least precise of the cash flow techniques as it does not consider the time value of money. B. NPV is the least precise of the cash flow analysis techniques as it assumes reinvestment at the discount rate. C. Payback period is the least precise of the cash flow analysis techniques as it does not consider the time value of money. D. IRR is the least precise of the cash flow analysis techniques because it assumes reinvestment at the cost of capital.
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