Project Management Series-14 November 30, 2020December 28, 2020wefru Quiz Project Management Series-14 quiz you are applying for a job / interview / Competitive Exams RBB, SSC, MBA, B.Com, BBA Enterence exams Solving quiz you will prepare yourself.. 0 Created on November 29, 2020 By wefru Projects Series 14 TEST YOUR SKILLS BRODLY 1 / 10 Q131. You are the manager of a project for a company that is known to make heavyuse of extrinsic motivators in order to boost morale and team performance. Whatdoes that mean? The motivators used… …are tailored to the needs of individual team members …are incentives such as rewards, gifts, or money …are derived from within individual team members. …include the improvement of hygiene factors of the work environment 2 / 10 Q132. You are currently finishing a project under contract to develop and build somemachining equipment for a customer. Your organization took over the obligationto solve certain problems if they come up during a contractual warranty period ofone year after start of production.What do you not have to consider during the warranty period Parts which were marked as-is must be held available for free replacement in case of failure Incoming problems reported to the team must be handled immediately and with high priority Some team members must be held available during the warranty period in case that they have to solve problems. At the end of the warranty period, the responsibility for the equipment will be turned over to the customer 3 / 10 Q133. When should a time and material contract with a contractor been chosen insteadof a fixed price contract? When cost risks for the customer should be limited but not schedule risks. When project scope includes the progressive elaboration of the scope of deliverables When subcontractors are being used and the customer will reimburse their invoices When only a limited amount of money can be made available to fund the project. 4 / 10 Q134. You are the manager of a major project to develop a system of barriers toprevent a seaside city from flooding. Together with your team you created a codeof conduct stating that the change control board must be immediately notified ofgifts when the value exceeds $90. The same applies to invitations when the valueexceeds $150.Today, a contractor executive sent you an invitation for a night at an opera witha value of $95. It is a one-time event and you tried to obtain tickets by yourselfwithout success. The person told you that he would so much wish to join you, buthe will not be available on that day, and he could get hold of only one ticketanyway.What do you have to do? You are allowed to accept invitations with a value of up to $150, so there should be no problem. One may regard the ticket as a gift, but it is just at the limit: You do not have to notify the CCB The ticket is a gift and over of the limit. You have to notify the CCB who will make the decision. You are the project manager. The rules are in place to strengthen your position. They do not apply to you. 5 / 10 Q135. What is not a major benefit of co-locating team members from different culturesin one place instead of having a team dispersed over many countries? Short distance to the customer markets Reduced burden from travelling and international meetings Enhanced communications and a sense of community Identical working hours without time zone difference 6 / 10 Q136. You are running a project to develop the production process for a futureelectronic component. Evaluating some first test batches, you found out that theprecision is generally very good, but that you have some irregular outliers in acompletely unpredictable pattern. What should you do? Ignore the outliers; they are not relevant as long as the yield from the production is sufficiently high. Try to increase the accuracy of the process by adjustments, thus reducing the number of outliers. Inform the designated production manager of your observations and ask him to take care after handover. Research outliers, they may give you important insights into problems which may trouble later production. 7 / 10 Q137. As a leader, how should you deem ethical conduct? You should ensure ethical conduct throughout the team by use of means including recognition and awards and in tight cooperation with the team members’ line managers. Ethical conduct is all right as long as it does not impact the achievement of objectives and does not damage the performing organization’s immediate options for profits You are the role model for the team. Your personal integrity demonstrates the desired skills, behavior, and attitudes whose adoption may benefit team members. There are often dilemma situations in business. Then you may have to suspend your integrity and do what is appropriate. There may be long term negative effects, but these are not your responsibility 8 / 10 Q138. You have recently been named as the manager of a new project under contract.The sponsor of the project gave you the contract signed by the customer and astatement of work. He asked you to go on with initiation. Which document shouldyou develop next? Project management plane Milestone schedule Project charter Scope statement 9 / 10 Q139. You are defining evaluation criteria for your project. The procurement item isreadily available from a number of acceptable sellers. Which criterion can youfocus on in such a situation? Seller’s management approach Price offered by the seller Seller’s financial capacity Understanding of your need 10 / 10 Q140. When is passive risk acceptance an appropriate approach? When the likeliness of risk occurrence is very low When the risk occurrence is hard to identify When it is best to deal with a risk as it occurs When the risk cannot be assessed or analyzed Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz