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E2 Exam Dumps : Project and Relationship Management

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Project and Relationship Management Questions and Answers

Question 1

After undertaking competitive analysis, a company has assembled the information and is now in a position to benchmark its performance against that of its competitor. A manager has been asked to carry out strategic benchmarking, but he is unsure of what information he should use.

 

Which TWO of the options below could be used to undertake Strategic Benchmarking?

Options:

A.

% Market Share

B.

% return on Non Current Assets

C.

% late deliveries

D.

% sales returns

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Question 2

Which of the following initiatives and schemes should be undertaken as a formal project?

 

Select ALL that apply.

Options:

A.

A head office relocation for an insurance company, involving the move to a new office for 250 staff.

B.

A long term health initiative which will put in place procedures to immunize every child in a country as they reach the age of three.

C.

Managing a national political campaign prior to an election.

D.

The design and launch of a new online order service for a global manufacturing company.

E.

A boat building company building motor yachts for a small market, generally building about three per month.

Question 3

The Board of organisation Y has authorised an upgrade to its computerised finance system.

 

The Finance Director, X, has been tasked with managing this project.  X has been requested to consult with stakeholders, in order that a Project Initiation Document (PID) may be produced.

 

What are the TWO main uses of a PID?

Options:

A.

To ensure that the project is broken down into work packages and a Work Breakdown Structure be produced.

B.

To produce a risk assessment of both internal and external risks that are likely to effect the project, and alternative actions to reduce the risks.

C.

To ensure that the project has a complete sound basis before any major commitment to the project.

D.

To act as a base document against which the project can be managed for progress, change management issues, and ongoing viability issues.