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E2 Exam Dumps : Project and Relationship Management

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Project and Relationship Management Questions and Answers

Question 1

A low cost airline is operating three flights a day between two industrial cities in neighbouring countries. The cities are 300 km apart and the terrain between the two countries is mostly flat grasslands. The two cities are also linked by motorways and a railway line.

 

At first the airline enjoyed first mover advantage and generated healthy profits for three years. But more recently, the airline is experiencing intense competitive pressures, reduced passenger numbers and lower returns. The airline directors are using Porter's Five Forces framework to analyse the nature and severity of the various competitive forces being experienced.

 

In the context of this model which of the following forces would be considered as a threat of a substitute product or service?

Options:

A.

High speed rail connection between the two cities

B.

National airlines competing in low cost markets

C.

Foreign airline now offering a service on this route

D.

Corporate customers driving down ticket prices

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Question 2

The difference between the latest event time and the earliest event time in a project network analysis is referred to as:

Options:

A.

Critical Activity

B.

Float

C.

Critical Path

D.

Node

Question 3

Which THREE of the following would be considered as reasonable expectations of the mentoring process, for the mentee?

Options:

A.

Career enhancement

B.

Solving all problems

C.

Support with new challenges

D.

Discipline would be dispensed if they make a mistake

E.

Personal development