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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 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.

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Question 2

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.

Options:

A.

Motivate labour resources to work smarter.

B.

Identify activities that are not adding value.

C.

Reduce the specification for the project build.

D.

Consider increasing the number of builders working on the project each day.

Question 3

The advantages of effective delegation include which THREE of the following?

Options:

A.

Workloads of managers are reduced with subsequent reduction in stress.

B.

The aspiration through eventual promotion of subordinates who accept delegated duties must be met.

C.

Managers are left free to carry out non-routine tasks while passing on more routine tasks to subordinates.

D.

Training of subordinates is assisted by the delegation of tasks and is thus a very effective method of training.

E.

Effective delegation can be achieved by assigning agreed tasks, specifying performance levels and ensuring they are understood.