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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:

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

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.

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

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

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Question 2

The type of culture typified in an organisation where there is a clear hierarchical structure, formalised rules for decision making and clearly defined jobs is called a

Options:

Task Culture

Person Culture

Power Culture

Role Culture

Question 3

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:

Michael Porter's Value Chain.

PESTEL analysis.

Michael Porter's Five Forces model.

Resource Audit.

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Project and Relationship Management Questions and Answers

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