What is a market demand driven project

Assignment Help Management Theories
Reference no: EM13981630

QUESTION 1: The PMP exam is a challenging and expansive in terms of the knowledge required to pass the exam. To begin to prepare to sit for the exam, each individual should develop a?

Set of cheat sheets for creating projects.

Strategic plan to learn, understand, and apply knowledge across 10 knowledge areas.

Project lifecycle plan that captures all information needed to execute a successful project.

Project integration and framework plan to cover knowledge across all 10 knowledge areas.

QUESTION 2: A project is a temporary and unique effort. Projects are typically efforts that do not?

Fall into the category of normal operations.

Require a large team and support staff.

Require a span of control beyond the immediate organization.

Offer opportunities for advancement.

QUESTION 3: A deliverable is?

A way to address the unique features and requirement s of the project.

A product, service, or results created by project efforts.

The physical structures that surround the project team and project efforts.

The process of gathering project details.

QUESTION 4: A central office that typically oversees multiple projects and provides added support for all projects and PMs?

Project Management Office (PMO)

Project Management Professional (PMP)

Life Cycle Development Office (LCDO)

Project Portfolio Management (PPM)

QUESTION 5: Market demand is often discussed during the conception of a project. What is a market demand driven project?

Project that is being built as a service that may have a market

A project that is based on market research showing market need/demand

A project driven by the need for a new product line by an existing mature organization.

A project that incorporates a product that has a service component

QUESTION 6: The project life cycle is the process that creates a product - for example a software or hardware product. Which of the following is not a project life cycle characteristics?

A Cost are typically low at the beginning of the project

Stakeholders have the most influence early in the project

hases are typically sequential

Most of the project requirements are not known

QUESTION 7: Projects sometime go off the chart, encounter difficulties, or are cancelled if a better opportunity presents itself. This is common in projects that develop new products or services. Projects are typically killed at specific points including:

At the end of a phase or gate

When money runs out

In the middle of a phase or stage

When sponsors and stakeholders collide in terms of scope

QUESTION 8: Stakeholders include almost anyone that is involved in a project. All of the following are key stakeholder except?

Functional management

Sellers and business partners

PMO

Competitors

QUESTION 9: Stakeholder Management is the newest of the 10 knowledge areas identified by PMI. What is the first step in stakeholder management as related to a specific project?

Determining communication plan for all stakeholders

Working with the marketing department to define the project

Identification of all stakeholders

Identifying organizational influences

QUESTION 10: Culture is evident in all organizations. Cultural norms describe , structure, and style of an organization. All of the following are examples of cultural norms except?

View of authority

Shared values

Work hours

Matrix

Reference no: EM13981630

Questions Cloud

What are the underlying cultural assumptions : What are the underlying cultural assumptions for Mr. Bernard and how are these different from the basic assumptions of N'Diaye and Diop
Why did you suggest these specific procedures : Why did you suggest these specific procedures? Where and how could you compensate for the eliminated procedures?
What voltage should the battery supplying each coil have : If the resistance of each coil is 215 ?, what voltage should the battery supplying each coil have? What power is delivered to each coil?
What strategies can you use to overcome language barriers : Think of a culture of interest to you. Describe several things you could learn from that culture to enrich your life, deepen your business expertise, and improve your communication skills.
What is a market demand driven project : Market demand is often discussed during the conception of a project. What is a market demand driven project
Deliverables associated with coding : Q1. There are deliverables associated with coding, testing and installation. Discuss the deliverables for coding, testing and installation and explain how each is necessary before software implementation
Wayne owns a shaved ice stand : Based on the above Excel Problem; if the total capacity for this business is 725 will you stay in it? If you want to stay in it what price you need to obtain a break-even point of 725?
Employ the methods of data gathering : The student will learn how to provide management for projects that employ the methods of data gathering, fact-finding and input/output design. Using case problems, students will implement the techniques of system development and project management.
Determine the resultant and equilibrant vector : Using the graph method (head-to tail method or parallelogram method), determine the resultant and equilibrant vector (magnitude and direction)

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd