E2 Exam Dumps : Project and Relationship Management

F Company is an international fast food company and is committed to the rational model for strategy.

A senior team has carried out a comprehensive study of the environment in which it currently operates, its resources, distinctive competences and a corporate appraisal. The mission and objectives have been set in accord with stakeholder directives, which are based on twin objectives to grow profits by 5% year on year and become one of the top 100 global brands.

The team has generated a short-list of different strategic initiatives which it believes may deliver the primary objectives required by the stakeholders. Each initiative has been examined separately on its merits in terms of feasibility, suitablity and acceptablity. As many factors as possible have been taken into account such as market analysis, economic growth and competitors.

In terms of the rational model, select the actions that the company has now carried out:

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.

A project manager is calculating the budget cost of a single project task called "Server Configuration".

This task is estimated to last 8 weeks and requires the full-time services of two software consultants, both for the entire duration of the task.

One consultant commands an inclusive rate of $400/day and the other $40/hour based on an eight hour day. Fixed hardware costs of $12,000 have also been estimated for the task.

Calculate the total budget cost for the task (ignoring any other resources or costs) - assuming a five day working week.

Give your answer as a whole number.

The total cost is $    .