Sample Qns

The company 's sucess is depending on the sucess of the project .  what  organization structure the compant belongs to 

Functional, projectized, Matrix.

 

I  found these qns in some  web site . Could any one help me to figire out the  answersCry

 1)You are working  as PM  on a project   .You  have overheard a discuss that  one of your most valualble  team member 's   is planning to re-locate to some  other country  If his wife get a new job there .In that circumstance wht will you do

1.Keep queit . This is gainst the code of etthics that interfearing  some  one 's personnal matters.

2. Document  this is  in project Issue log

3. Notify the client and team members.

 you are in the middle og project  A. Your PM notofies that you  will not  be able to finish the jon on time because you are supporting some production applications also. Realizing this fact the PM  hires a  consultant for that activity . which risk  startegy  he adopted .

Avoid, Mitigate , Transfer, Accept

The company 's sucess is depending on the sucess of the project .  what  organization structure the compant belongs to 

Functional, projectized, Matrix.

How will  you allocate  Work Authorization to a virtual team

Conf call  from PM,Conf call from sponser,

Email from  PM , Email from sponser.

qns 4. Foundation to Wall is wht type of  relationshil?

mamdateroy,Descretionary

ee

Not so sure but it could be e-mail from PM

Pradeep

projectized

Pradeep

Mitigate.

Pradeep

Thanks pradeep. Is the answer could be  Avoid?

I am new to this but I believe PM should keep quite. The reason being the news is not confirmed and second is organisation (here project) runs on systems not through persons. One person how so ever important is, should not disturb the project performance. 

Pradeep

I do agree with pradeep, as overhearing itself is bad ethically, and no way to confirm this.

 

I have another question for you. Triggers are output of which one of risk processes, i believe its for risk identification. would you agree with me.

Some more questions

1) - what is EPV/NPV, net present value i am still sure, whats EPV

2) - if you need to chose between free float (4 days) and prjoect float (8 days), which one will you choose

3) - for procurement -  choosing one option over another is an example of weighting system, screening system, seller rating system, independent estimates

 

 

EPV considers risk but NPV  does not  consider risk

 I think we shoud you coose free float

thanks for the reply, any explanation why free float, why is it more accurate.

 and what does EPV stand for, just for my explanation

Some more questions

1) - what is EPV/NPV, net present value i am still sure, whats EPV stand for

2) - if you need to chose between free float (4 days) and prjoect float (8 days), which one will you choose and why

3) - for procurement -  choosing one option over another is an example of weighting system, screening system, seller rating system, independent estimates

4) - out of reward and expert, nothing else given, which is better

Some more questions

YEs. Its risk identification