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Project and Relationship Management

Last Update 4 hours ago Total Questions : 210

The Project and Relationship Management content is now fully updated, with all current exam questions added 4 hours ago. Deciding to include E2 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our E2 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these E2 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Project and Relationship Management practice test comfortably within the allotted time.

Question # 21

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

A.

Critical Activity

B.

Float

C.

Critical Path

D.

Node

Question # 22

Which THREE of the following are determinants of national competitive advantage outlined in Porter ' s Diamond?

A.

Demand Conditions

B.

Factor Conditions

C.

Related and Competitive Industries

D.

Firm, Strategy, Structure and Rivalry

E.

Firm Infrastructure

F.

Technology Development

Question # 23

KK manufactures mobile phones and it possesses an inimitable resource in the mobile phone market in which it currently competes.

Which of the following  best describes this type of resource?

A.

It will provide wide access to a variety of markets

B.

A competitor will see the perceived benefits

C.

A competitor will find it difficult to copy

D.

A competitor could substitute the resource

Question # 24

The initial Balanced Scorecard design, defined by Kaplan and Norton, used four perspectives (or legs) for management control and the implementation of strategy. What are the FOUR original perspectives?

A.

Learning and growth

B.

Internal business

C.

External issues

D.

Competitors

E.

Financial

F.

Customer

Question # 25

After undertaking competitive analysis, a company has assembled the information and is now in a position to benchmark its performance against that of its competitor. A manager has been asked to carry out strategic benchmarking, but he is unsure of what information he should use.

 

Which TWO of the options below could be used to undertake Strategic Benchmarking?

A.

% Market Share

B.

% return on Non Current Assets

C.

% late deliveries

D.

% sales returns

Question # 26

P is an experienced engineer and project manager that has just been appointed to manage a complex multi-million pound engineering project. It is the start-up stage of the project and nothing at all has been done so far except for the design work. No other team members have been appointed.

 

P decides to start by firstly decomposing the full scope of the project into a hierarchy of work packages.

 

Secondly P intends to create a structure showing the reporting relationships and communications channels for the entire project team.

 

Thirdly, P  plans to embark on a systematic process of identifying all the individual elements that comprise the total cost of the project in order to calculate a bottom-up budget.

 

Select the structures that P will adopt in the correct order.

A.

Work Breakdown Structure / Organisation Breakdown Structure / Cost Breakdown Structure

B.

Organisation Breakdown Structure / Work Breakdown Structure / Cost Breakdown Structure

C.

Organisation Breakdown Structure / Cost Breakdown Structure / Work Breakdown Structure

D.

Work Breakdown Structure / Cost Breakdown Structure / Responsibility Assignment Matrix

Question # 27

F Company is an international fast food company and is committed to the rational model for strategy.

 

A senior team has carried out a comprehensive study of the environment in which it currently operates, its resources, distinctive competences and a corporate appraisal. The mission and objectives have been set in accord with stakeholder directives, which are based on twin objectives to grow profits by 5% year on year and become one of the top 100 global brands.

 

The team has generated a short-list of different strategic initiatives which it believes may deliver the primary objectives required by the stakeholders. Each initiative has been examined separately on its merits in terms of feasibility, suitablity and acceptablity. As many factors as possible have been taken into account such as market analysis, economic growth and competitors.

 

In terms of the rational model, select the actions that the company has now carried out:

A.

Strategic analysis / options generation / options evaluation

B.

Strategy selection / options evaluation / implementation of strategy

C.

Strategy selection / options generation / strategic choice

D.

Strategic analysis / options evaluation / implementation of strategy

Question # 28

GG, the new CEO in an organisation, was surprised to find out that the company does not undertake competitor analysis. He was told that, as the organisation operates in a very dynamic market,  things change too quickly to make analysis worthwhile.

 

Choose from the following the option that presents why competitor analysis is important.

A.

It allows the organisation to use the budget that the Marketing Department has been allocated so it doesn ' t lose it in the future.

B.

It is an activity that satisfies the senior managers ' requests.

C.

If competitor analysis is not undertaken a new competitor could have entered the market and could reduce the sales of the organisation.

D.

It can help the company to market its products.

Question # 29

WBS organisation has recruited a new project manager to manage the implementation of a new accounting package for its UK division.

 

The previous project manager created a hostile environment for the team involved in developing the new system.

 

How could the new project manager foster a more motivated team environment?

A.

By taking control of all meetings and inform the team only when a major issue needs dealing with.

B.

By recruiting a new team from outside the organisation that may be more motivated from the start.

C.

By adopting an autocratic management style that does not allow participation of the team.

D.

By adopting a participative style of management, recruiting a team with the correct skills, holding regular meetings and managing any conflict.

Question # 30

Under UK Law it is an employer ' s duty to protect the health, safety and welfare of the employees and other people who may be affected by their business. In what manner must employers act?

 

Select the THREE that apply.

A.

Carry out risk assessments to address all risks that might cause harm in the workplace.

B.

Provide information in the workplace about how employees and others are protected and instruct them how they can deal with the risks.

C.

It is the duty of all employees to take reasonable care for the health and safety of themselves and of other persons who may be affected by their acts and omissions at work.

D.

The employee has a duty to cooperate with his/her employer so far as is necessary to enable health and safety requirements to be performed and complied with.

E.

Display Health and Safety Regulations in a prominent position in every workplace or provide each worker with a copy.

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