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E2 Exam Dumps : Project and Relationship Management

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Project and Relationship Management Questions and Answers

Question 1

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.

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Question 2

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 $    .

Options:

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.