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L5M8 Practice Exam Questions and Answers

Project and Change Management

Last Update 2 days ago
Total Questions : 88

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Question # 1

In Project Management, what roles does theBoard/Steering Groupperform?Select TWO

Options:

A.  

authorises the initiation of the project

B.  

approves a budget to the project

C.  

approves major deviations from the original plan

D.  

replaces ineffective team members within the project group

Discussion 0
Question # 2

The analysis of roles, relationships and interdependencies within the supply chain network requires evaluation only at the start of a project. Is this correct?

Options:

A.  

yes – this allows for shared processes and pooled resources

B.  

yes – it is important to analyse the supply chain network before a project commences using the RACI model

C.  

no – this should be evaluated several times throughout the lifetime of the project

D.  

no – there is no requirement to analyse this as it will not affect the project’s performance

Discussion 0
Question # 3

The influence of the supply chain network can enable an organisation to benefit from increasedabsorptive capacity. What is meant by 'absorptive capacity'?

Options:

A.  

agility within the organisation to respond quickly to change

B.  

the capability to deal with fluctuations in prices

C.  

the capacity to work with a larger volume of supply network partners

D.  

the ability to apply new information and add value to the organisation

Discussion 0
Question # 4

Zoe is a Manager at Friends Incorporated. The company is undergoing a major change to working practices, and Zoe has noticed that several of her team seem cynical about the changes. What should Zoe do?Select TWO

Options:

A.  

cynical employees are a problem so should be dealt with via the disciplinary route

B.  

highlight key achievements of the company and areas where the change has been successful

C.  

allow for upwards communication and for staff to ask any questions

D.  

there is nothing Zoe can do as the Psychological Contract is under strain

Discussion 0
Question # 5

Which of the following would you expect to see in aProject Reportdrafted by a Project Manager?Select TWO

Options:

A.  

5–10 pages of detailed progress information

B.  

an indication of the overall health of the project using a RAG system

C.  

a list of issues currently facing the project

D.  

a stakeholder management plan

Discussion 0
Question # 6

XYZ Ltd is running a new project examining a possible expansion of its current offering. The project lead has identified stakeholders to keep up-to-date. One stakeholder hashigh powerbutlow interest. Which communication strategy is most appropriate?

Options:

A.  

minimal effort

B.  

keep informed

C.  

keep satisfied

D.  

key player

Discussion 0
Question # 7

Why would a project use aProject Baseline?

Options:

A.  

it holds Project Managers to account

B.  

it provides an optimal model for how the project should run

C.  

it ensures sign-off of the Project Initiation Document

D.  

it provides a framework of KPIs

Discussion 0
Question # 8

What is the purpose of theproject controlstage within the project lifecycle?

Options:

A.  

to ensure resources required to complete project tasks are available in a timely manner

B.  

to ensure there are no deviations from the project timeline

C.  

to monitor the project outcomes in terms of KPIs

D.  

to set limits and boundaries to what can be achieved

Discussion 0
Question # 9

When can aMultiple Cause Diagrambe of most help to an organisation?

Options:

A.  

to assess why a change has happened

B.  

to identify issues that can arise if changes are made

C.  

to forecast changes in the external environment

D.  

to assign blame for a problem that has occurred

Discussion 0
Question # 10

What is aTheory-Driven Evaluation?

Options:

A.  

an evaluation of the motives behind the project

B.  

an evaluation which looks at “lessons learned” from the project

C.  

an evaluation which provides quantifiable outcomes as to the success of a project

D.  

an evaluation which examines how and why a project succeeded/failed

Discussion 0
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