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examout.co

Which of the following is a benefit for an organisation of joining a consortium?Select TWO

A.

it creates a new legal entity, thus reducing risk for the organisation

B.

it requires no capital outlay

C.

members are able to win bigger contracts that wouldn’t otherwise have been available

D.

it may result in additional risk of exposure to liability

At what point does aproject close?

A.

when the time allocated to the project runs out

B.

when the project success criteria have been achieved

C.

when the project executive leaves

D.

when the budget has been exhausted

What is adisadvantageof using anevolutionary approachto change management within an organisation?

A.

change is implemented too quickly that it may fail

B.

there is a lack of immediacy which means some people will be reluctant to change

C.

there is a lack of political capital to move the change along quickly

D.

the change cannot take advantage of favourable circumstances

In a project, when is thetension between cost, quality, and timemost prevalent?

A.

at the beginning of the project

B.

in the event of an unforeseen change

C.

at the end of the project when reviewing the objectives

D.

when the Steering Committee is set up

Which of the following is a‘push’strategy for change?

A.

coercion

B.

collaboration and communication

C.

goal-orientated change

D.

refinement

Cleo is a Project Manager and is drafting a set of objectives for her project. She has decided that the project must have completed stages 1 and 2before the end of the financial year. This is an example of what type of objective?

A.

achievable

B.

relevant

C.

specific

D.

time-bound

Zoo Ltd uses Lean manufacturing techniques and Six Sigma in order to improve process efficiencies. What type of changes would you expect to see at this organisation?

A.

evolution

B.

adaptation(spelling corrected from “adaption”)

C.

revolution

D.

reconstruction

Rachel is the Executive of a Project Board and is tasked with creating a Project Initiation Document (PID). Which of the following is TRUE about this document?Select TWO

A.

it is created once at the beginning of the project and reviewed at the end

B.

it is created before the project takes place but can be edited during the project

C.

it includes only the positive aspects of the project such as what the project will achieve

D.

it includes both positive and negative aspects of the project including constraints and risks

A florist is introducing a new electronic ordering system that will reduce staff numbers. The Managing Director is anticipating staff reactions. Which of the following stages of theChange Cyclewill staff likely experience first?Select TWO

A.

acceptance

B.

discovery

C.

loss

D.

discomfort

E.

doubt

Baby Socks Ltd is a retailer which is currently growing and expanding. Originally a start-up, the company is now transitioning into a more mature and functional organisation. More staff have been hired and lower-level managers will now need to take accountability for some business decisions. As the company evolves into the new structure, which of the following is likely to be a cause of crisis at the organisation?

A.

leadership

B.

red tape

C.

intellectual property

D.

wider marketplace