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Your hardware vendor left you voicemail saying that a snowstorm in the Midwest will prevent your equipment from arriving on time. You identified a risk response for this risk and have arranged for a local company to lease you the needed equipment until yours arrives. This is an example of which risk response strategy?
A. Transference
B. Acceptance
C. Mitigation
D. Avoidance


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More Project Management Interview Questions

Explain the meaning of management.

0 Answers   Mahatma Gandhi University,


Which of the following is true regarding the Resource Planning process? A. Resource Planning involves the human resource aspect of planning only, and its output is staffing requirements. B. Resource Planning involves the human resource aspect of planning only, and its output is staffing requirements. C. Resource Planning encompasses all the physical resources needed for the project, and its output is staffing requirements. D. Resource Planning encompasses all the physical resources needed for the project, and its output is resource requirements.

0 Answers  


Your project is progressing as planned. The project team has comp up with a demo that the sales team will use when making presentations to perspective clients. You will do which of the following at your next stakeholder process. A. Report on the progress of the demo and note that it's a completed task B. Preview the demo for stakeholders and obtain their approval and sign-off C. Review the technical documentation of the demo and obtain approval and sign-off D. Report that the demo has been noted as a completed task in the information retrieval system

0 Answers  


Theory Y managers believe which of the following? A. That people are motivated only by money, power, or position B. That people will perform their best if they're given proper motivation and expectations C. That people are motivated to achieve a high level of competency D. That people are motivated by expectation of good outcomes

0 Answers  


Why would someone want to move from Operations to Project managemnet

2 Answers   Extreme Networks, IBM,


People are motivated by the need for achievement, power, or affiliation according to which theory? A. Expectancy theory B. Achievement theory C. Contingency theory D. Theory X

0 Answers  


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.

0 Answers  


How do you set goals for your team? And how do you track these goals?

0 Answers  


As a PMP, one of your responsibilities is to ensure integrity on the project. When your personal interests are put above the interests of the project or when you use your influence to cause others to make decisions in your favor without regard for the project outcome, this is considered: A. Conflict of interest B. Using professional knowledge inappropriately C. Culturally unacceptable D. Personal conflict issue

0 Answers  


What is raid in project management?

0 Answers  


You are the project manager for Changing Tides video games. You have gathered the inputs for the Activity Duration Estimating process. You will employ which tools and techniques to produce the outputs for this process? A. Activity list, analogous estimating, quantitatively based durations, and alternatives identification B. Activity list, analogous estimating, expert judgment, and quantitatively based durations C. Expert judgment, analogous estimating, quantitatively based durations, and reserve time D. Expert judgment, alternatives identification, quantitatively based durations, and reserve time

0 Answers  


What are the functions of project management tool?

0 Answers  


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