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E2 Exam Dumps : Project and Relationship Management

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Project and Relationship Management Questions and Answers

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Question 1

A Company achieves its competitive advantage by adopting a positioning view to strategy setting.

 

Which TWO of the technical models below are most suited to this approach?

Options:

A.

Michael Porter's Value Chain.

B.

PESTEL analysis.

C.

Michael Porter's Five Forces model.

D.

Resource Audit.

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Question 2

A building project for developing new homes to customers' own specification is behind schedule and will incur penalty payments if the next milestone is not achieved on time.

 

Which of the following strategies would be appropriate in order to get the project back on track and that will not compromise customer satisfaction and could still minimse the overall cost of development?

 

Select All that apply.

Options:

A.

Motivate labour resources to work smarter.

B.

Identify activities that are not adding value.

C.

Reduce the specification for the project build.

D.

Consider increasing the number of builders working on the project each day.

Question 3

Which of the following best describes generic competitors?

Options:

A.

Competitors which compete for the same income as the company.

B.

Competitors which compete with products which, although technically quite different, satisfy the same needs.

C.

Competitors which have similar goods but not necessarily the same size or structure organisation.

D.

Competitors which have similar size and structure and offer similar products to the same customers. 

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