Questions with Verified Answers
b. interdependent tasks - CORRECT ANSWER A firm begins its strategic business
initiative of developing a new business model that will allow the firm to deliver an
efficient, tailored service to its customers. To accomplish this, the firm initiates a
business management project.
Which aspect of project management applies to this firm's project?
a. Independent operations
b. Interdependent tasks
c. Regulatory concept
d. External environment
c. Improvement in product design - CORRECT ANSWER A firm begins its strategic
business initiative of developing a new business model to enhance its
competitiveness.
,What can be identified as a strategic business initiative for this firm?
a. Timely payment of liabilities
b. Liaison with regulatory agencies
c. Improvement in product design
d. Environmental scanning
c. Project sponsor - CORRECT ANSWER A firm begins a strategic business initiative
of developing a new business model that will allow the firm to deliver an efficient,
tailored service to its customers.
Which stakeholder would have triggered this strategic business initiative?
a. Director of operations
b. Production supervisor
,c. Project sponsor
d. Financial controller
b. closing process group - CORRECT ANSWER Which group is included in the five
process groups?
a. Risk process group
b. Closing process group
c. Communication process group
d. Quality process group
d. Projects IN a Controlled Environment - CORRECT ANSWER What does PRINCE2
stand for?
, a. PRoject INsights for CompEtitiveness
b. PRojects IN a Competitive Environment
c. PRoject INsights and CompEtencies
d. PRojects IN a Controlled Environment
b. Executing - CORRECT ANSWER Which PMBOK process group is described as the
delivery part of project management where the main activity happens?
a. Planning
b. Executing
c. Controlling
d. Closing