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E2 Exam Dumps : Project and Relationship Management

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Project and Relationship Management Questions and Answers

Question 1

Porter's Diamond model suggests that there are four factors which determine national competitive advantage.  The four are listed below. Which has the incorrect definition?

Options:

A.

Factor conditions: includes the availability of raw materials and suitable infrastructure.

B.

Firm strategy, structure and rivalry: if the home market is very competitive, a company is more likely to be world class.

C.

Demand conditions: the goods and services have to be demanded internationally.

D.

Related and supporting industries: these allow easy access to components and knowledge sharing.

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Question 2

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.

Question 3

What event occurs between the second and third stages of Gido and Clement's Project Life Cycle?

Options:

A.

An agreement to proceed with the project is made

B.

A request for a proposal is made

C.

Several solutions are proposed

D.

The identification that there is a need a project

E.

A feasibility study is undertaken

F.

Project objectives are identified