Question: 1
As a project manager for your organization, you're working with your team to define the difference between projects and operations. You explain that projects are unique while operations are the core business. Projects were typically initiated for all of the following reasons except for which one?
Question: 2
You're a project manager for a large project. Early on, you can identify a number of risks in the project and want to prepare them, and during the implementation phase, you have identified a potential risk. You have identified the response strategy for this risk, you have decided to purchase insurance to deal with this risk; however, the purchase of insurance will cost you $500. This is an example of which risk response strategy?
Question: 3
schedule overruns A project manager is just finishing up a project that has not gone well. Apart from cost overruns and, there have been a lot of quality defects and the project required a lot of senior management intervention to finally reach completion. As well as a long list of uncontrolled changes. Uncontrolled changes are also known as:
Question: 4
You are a senior project manager and member of the Project Management Office. The CIO wants you to present a snapshot of the status of various projects going on in the organization. Which of the following charts would be most suitable for the purpose?
Question: 5
International Management Company recently terminated a consulting project because it no longer seemed commercially viable for the company. What is the first thing the project manager should do?