To maximize returns in the current cut-throat competitive environment, it is vital to 

manage the ____ effectively.

1 Answer

Answer :

Ans. Projects

Related questions

Description : Definition of energy management given by cape hart , turner and Kennedy is ____ A. The Judicious and effective use of energy to maximize profits and enhance competitive position B. The Judicious and ... The systematic approach for decision making in area of energy management. D. All of the above

Last Answer : The Judicious and effective use of energy to maximize profits and enhance competitive position

Description : A ____ needs to possess excellent analytical and organizational skills to manage a project team

Last Answer : Ans. Project Manager

Description : Diversity management is a management strategy to promote and maintain a ____  environment in the organization

Last Answer : Ans. Positive workplace

Description : A profitability index (PI) of .92 for a project means that . A. The project's costs (cash outlay) are (is) less than the present value of the project's benefits B. The project's NPV is ... is greater than 1 D. The project returns 92 cents in present value for each current rupee invested (cost)

Last Answer : C. The project's NPV is greater than 1

Description : Expert power is the power that comes from the amount of knowledge a person has obtained in  a specific area. This type ofpower is: 1. Critical to a project manager because the PM has to have ... by the PM because the PM cannot stay current on all areas of  expertise and also manage the project

Last Answer : 4. Used sparingly if at all by the PM because the PM cannot stay current on all areas of  expertise and also manage the project

Description : Project management provides the project managers and team members with the  principles they require to effectively meet the needs of the customer. (True/False)

Last Answer : Ans. True

Description : A Communications Management Plan does the following:  A. Coordinates an effort to communicate in meetings effectively B. Lays out a plan on how to communicate with your Project ... and  efficiently. D. Coordinates the communication between project leaders and uninterested project  members

Last Answer : C. Lays out the approach and method for delivering information effectively and  efficiently.

Description : How to Maximize Roth IRA Returns?

Last Answer : There are several different ways you can save for retirement and plan for the future. You certainly can save money under your mattress, but few people actually do that. The reason is, of course, ... invest in a wide range of investments rather than focus on investing in only one type of investment.

Description : An Expected Monetary Value (EMV) of $100000 on a potential project event in the  project means which of the following? Select one: a. A number that can be ignored b. An opportunity that ... Actual investment returns on the event e. A threat that must be considered to minimize the project risk

Last Answer : b. An opportunity that must be explored

Description : A project has a Profitability Index of 1.30. What does it mean?  A.The NPV is less than zero B.The payback period is more than one year  C.That the project returns Rs 1.30 for every Re 1 invested in the project  D.That IRR is 1.30 times that of the Hurdle Rate

Last Answer : C.That the project returns Rs 1.30 for every Re 1 invested in the project

Description : )Quality costs include : 1. the total of all costs incurred to assure the production and delivery of acceptable products and services.  2. Only costs classified as prevention, detection and ... rework due to defects, customer returns and warranty costs.  4. The expense of upper management

Last Answer : 1. the total of all costs incurred to assure the production and delivery of acceptable products and services.

Description : In market-penetration pricing, the company's objective is to ________, believing that higher sales volume will lead to lower unit costs and higher long-run profits. A. Block competitive launches B. ... their market share C. Minimize their market share D. Maximize volume E. None of the above

Last Answer : B. Maximize their market share

Description : The main aim of a project risk management process should be to: a. identify project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. c ... are threats or opportunities on a project. d. satisfy the organization's project management process.

Last Answer : a. identify project risks and then manage them appropriately.

Description : Which one of the following is a responsibility of the project steering group/board? a. To identify potential problems for the project team to solve. b. To provide strategic direction and guidance ... project team in all daily activities. d. To receive and consider daily reports from team members.

Last Answer : b. To provide strategic direction and guidance to the sponsor.

Description : Which one of the following statements is true? a. Business-as-usual activities cannot be improved. b. Business-as-usual activities are more difficult to manage than projects. c. Projects are ... change to business-as-usual. d. A project is always the starting point for operation refinement

Last Answer : c. Projects are transient endeavours that bring about change to business-as-usual.

Description : Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. ... Quality planning enables the project manager to manage the trade-off between customer expectations  and budget

Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and  meet stakeholder expectations.

Description : Identify, from among the following, the correct statement. a) One of the main challenges Engineering facing today is the requirement of most systems to work with a multitude of  homogenous systems ... of component based assembly, we find  that onlyless than 20% of today's is still custom built

Last Answer : c) does not wear-out in the traditional sense of the term, but  does tend to deteriorate as it evolves

Description : What combines procedures and tools to manage different versions of configuration objects that are created during the process? a) Change control b) Version control c) SCIs d) None of the mentioned

Last Answer : b) Version control

Description : A critical success factor for project management is to _____.  a. create a work plan  b. follow the three steps of project management  c. identify most project tasks  d. manage the hundreds of tasks

Last Answer : e. start with a realistic assessment of the work

Description : The most significant challenge to project managers is _____.  a. lack of project management training  b. no one really understands how to manage a complex systems development project  ... tools that can assist in controlling project progress  d. unrealistic schedule demands by project sponsors

Last Answer : d. unrealistic schedule demands by project sponsors

Description :  . Integrity in the project management field is accomplished through all of the  following except which one?  A. Training to learn how to manage relationships with others from different ... C. Applying established project management processes D. Following the PMP Code of Professional Conduct

Last Answer : A. Training to learn how to manage relationships with others from different cultures

Description : The main aim of a project risk management process should be to:  a. identifies project risks and then manage them appropriately.  b. identify all project risks and transfer them immediately.  ... are threats or opportunities on a project.  d. satisfy the organisation's project management process.

Last Answer : a. identifies project risks and then manage them appropriately.

Description : Which one of the following is a responsibility of the project steering group/board?  a. To identify potential problems for the project team to solve.  b. To provide strategic direction and ... project team in all daily activities. d. To receive and consider daily reports from team members.

Last Answer : b. To provide strategic direction and guidance to the sponsor.

Description : Which one of the following statements is true?  a. Business-as-usual activities cannot be improved.  b. Business-as-usual activities are more difficult to manage than projects.  c. Projects are ... change to business-as-usual.  d. A project is always the starting point for operation refinement.

Last Answer : c. Projects are transient endeavours that bring about change to business-as-usual

Description : Which one of the following statements is true?  a. Independent reviews and quality audits form part of quality assurance to ensure the project  manager delivers on time and to budget. ... planning enables the project manager to manage the trade-off between customer  expectations and budget.

Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for  purpose and meet stakeholder expectations.

Description : To successfully manage a project, the PM must play both a manager and leadership role. In the manager role the PM will do all but which of the following: 1. Develop procedures  2. Align people  3. Produce results for stakeholder  4. Focus on the organization and its structure 5. Both b and d

Last Answer : 2. Align people

Description : How can I manage my time effectively while studying?

Last Answer : Managing your time effectively while studying can help you make the most of your study sessions and improve your productivity. Here are some strategies that may help: Create a schedule: Plan out your study sessions ... to remember to be kind to yourself, it's ok if things don't go as planned.

Description : How to manage your working calendar effectively ?

Last Answer : Hi! It might sound funny and rather old fashioned, but using paper saves you time! Simply write on a peper everything you need to do on that day (make sure you do not delegate this task to secretaries or ... what takes longer to get done! At the end of the day you will have solved more tasks :)

Description : Which among the following is correct about ''Intelligent Agent": a) It is a system that perceives its environment and takes actions which maximize its chances ofsuccess. b) The simplest intelligent agents are ... organizations of human beings (such as firms) d) None of These e) All of the Above

Last Answer : e) All of the Above

Description : The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above

Last Answer : (B) Normal distribution curve.

Description : A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle

Last Answer : (A) Project

Description : Diversity management works on the principle of ____

Last Answer : Ans. Acceptance

Description :  A strong ____ program encourages the development of skills and talents of the  employees.

Last Answer : Ans. Diversity management

Description : Lack of motivation among employees and low quality of production occurs in ____.

Last Answer : Ans. Theory X

Description : In ____ style, project manager shares his or her vision with the team but permits them to  use their respective ideas to come up with a solution.

Last Answer : Ans. Authoritative

Description : In ____ style, a leader issues orders without any discussion with members

Last Answer : Ans. Coercive

Description : ____ identified six distinct leadership styles.

Last Answer : Ans. Daniel Goleman

Description : In large organisations, project management shall be of line type function where the  project manager shall have ____ and has total formal control over the division he or she  heads

Last Answer : Ans. Full line authority

Description : ____ have the principal responsibility of achieving the target goals of the firm and have  the decision-making authority.

Last Answer : Ans. Line managers

Description : ____ is the oldest and simplest type of organization where the line of command is  fulfilled from top to bottom.

Last Answer : Ans. Line organisation

Description :  ____ structures are also referred to as the Organisational Chart.

Last Answer : Ans. Organisational

Description : In the matrix-type organisation, ____ provide the resources needed and the ____ is  responsible for the project results.

Last Answer : Ans. The functional managers, project manager

Description : ____ is the most common type of project organisation.

Last Answer : Ans. Matrix-type organisation

Description : In a ____, the employees work for different projects in a team-like structure.

Last Answer : Ans. Project-type organisational structure

Description : ____ structures are typically used in businesses that primarily sell and produce standard  products and seldom conduct external projects.

Last Answer : Ans. Functional-type organisation

Description : All projects are basically ____, requiring huge money for completion and earning no  return till their successful completion.

Last Answer : Ans. Capital projects

Description :  ____ is a significant facet of project management.

Last Answer : Ans. Project planning