Clarification of questions
I need some clarification on certain questions I came across while studying. These are some free questions I found on the net.
1)
What is the minimum total duration between the Milestones A and B? This is a question from oliver lehman free questions. The answer is 37 days. Am not sure how to arrive at this answer . Please let me know if any of you are able to get this right. 2) Your manager is assessing an international investment, for which he asks you to estimate the rate which occurs as the present value of the cash inflows equals to that of the cash outflows. Which of the following is used by your manager to assess this investment? 1. Internal rate of return 2. Net present value 3. Opportunity cost 4. Discount rate IS the answer to this 1 or 4 as i have seen two different sources with answer 1 and another saying its answer 4 3)ORGANIZATION A commissions ORGANIZATION B to develop a project, and ORGANIZATION B sub-contracts to ORGANIZATION C. One day, ORGANIZATION A's project manager thinks there are problems with the orders being carried out by ORGANIZATION C's project team members and orders them to stop work. What should the project team members of ORGANIZATION C do? 1. Coordinate and communicate with the project manager of ORGANIZATION B. 2. All of these statement are true. 3. Carry on with their work. 4. Ask the project manager of ORGANIZATION A to propose a change requests. I thought the answer to this is 3 but another source told me that the answer is 1 . Which one of these is true . Any pointers with explanations to these questions would be great . Thanks , Hari 42 days
Activity 1 has a duration of 20 days, Activity 2 of 10 days, Activity 3 of 5 days and Activity 4 of 6 days.
36 days
37 days
39 days


admin
Tue, 11/17/2009 - 04:52
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Network diagram is straight
Network diagram is straight forward
20+10-2+3+6 = 37
Activity 3 will finish 2 days before Activity 2 which is 28 days. and after 3 days Activity 4 starts == 31 and takes 6 days to complete which is 37 days.
admin
Tue, 11/17/2009 - 05:03
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For Question 2 ) --- I
For Question 2 ) --- I think the answer is 1) Internal Rate of return. By elimination other options dont make sense.
For Question 3) 1. Coordinate and communicate with the project manager of ORGANIZATION B.
B has outsourced to C -- C is only obliged to follow instructions of B and not A. However since A is end customer and has expressed concerns, C should immidiately get in touch B to take further actions. C cannot stop work based on directions of A .
This is different from organization hierarchy. Here there is outsourcing and legal contracts are involved. For Org C, A is not hierarchy and is not obliged to follow any instructions of A unless specified in the contract.
hm_v2005
Tue, 11/17/2009 - 08:07
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Thankyou for the reply.
Thankyou for the reply.