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E2 Project and Relationship Management Questions and Answers

Questions 4

The means by which competitive advantage might be gained differs, depending on whether a resource based approach or a positioning approach is adopted.

 

Which of the following options characterises the resource based approach?

 

Select ALL that apply:

Options:

A.

Superior profitability depends on the firm ' s possession of unique resources.

B.

Super normal profits result from either cost leadership, differentiation or focus.

C.

Competitive advantage derives from a firm ' s position in relation to its competitors, customers and stakeholders.

D.

Competitive advantage stems from some valuable asset or competence possessed by the firm.

E.

Organisations need to ensure they are continually monitoring the market place to make sure that their core competences are still valid.

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Questions 5

The advantages of embedding the finance function within the business unit include which THREE of the following?

Options:

A.

It allows the accountant to provide information specific to a particular business unit with greater efficiency.

B.

It prevents duplication of effort across the organisation.

C.

It enables strong relationships to be developed between the accountant and the rest of the management team within a particular business unit.

D.

It means that the accountant is able to develop best practice that can be of benefit to the whole company.

E.

It allows the accountant to build up detailed local knowledge and understanding of the business unit.

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Questions 6

Which THREE of the following would be considered as reasonable expectations of the mentoring process, for the mentee?

Options:

A.

Career enhancement

B.

Solving all problems

C.

Support with new challenges

D.

Discipline would be dispensed if they make a mistake

E.

Personal development

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Questions 7

What are the disadvantages of a divisional organisational structure? Select ALL that apply.

Options:

A.

Knowledge may not be shored between different divisions

B.

Divisions may end up competing with each other

C.

Potential duplication of activities may occur

D.

There may be a lack of specialisation on a particular product

E.

It con be difficult to undertake expansion in the form of new divisions

F.

It is difficult to develop managers due to a lack of responsibility in their roles

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Questions 8

A pharmaceutical organisation, whilst developing a drug for the remedy of a cold, discovered by carrying out research tests that the drug made people feel drowsy.

 

It decided to market this product as a night time cold remedy.

 

Which of the following best describes this organisation ' s approach to strategy?

Options:

A.

Logical Incrementalism

B.

Rational

C.

Muddling through

D.

Emergent

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Questions 9

The new Chief Executive of P Company has recently announced that there will be significant changes made to how the company operates. He has stated that his vision for the company cannot be achieved within the existing organisational paradigm.

 

Although the changes are significant, due to increased competitive pressures, the Chief Executive has commented that changes will need to be made quickly.

 

Which of the following types of change will occur in P Company?

Options:

A.

Evolution

B.

Adaptation

C.

Reconstruction

D.

Revolution

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Questions 10

Which of the following are influential drivers of outsourcing?

 

Select ALL that apply.

Options:

A.

Cost savings

B.

Synchronised deliverables

C.

New skill sets

D.

Rapid growth

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Questions 11

Identify ways in which an orgnisation can undertake qualitative research.

 

Select ALL that apply.

Options:

A.

Conducting a focus group

B.

Carrying out observations

C.

Calculating ratios on sales data

D.

Carrying out interviews

E.

Studying organisations operating statements

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Questions 12

Leading and developing a high performing team that has only recently come together is a challenge requiring leaders to prioritise different issues and adopt different styles and tactics at different stages of team development.

 

At one point the leader will need to:-

   • confirm personal roles and responsibilities,

   • plan the workload and agree working practices,

   • ensure all sources of conflict have been resolved, and

   • motivate team members to deliver their full potential.

With respect to the Tuckman model of team development, which is the stage where these leadership actions are most appropriate?

Options:

A.

Norming

B.

Storming

C.

Forming

D.

Performing

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Questions 13

An organisation manufacturing cosmetics was set up five years ago and has since grown considerably.

 

The organisation did not have clear strategies and as such any approaches emerged. The directors feel a new way to strategy setting would be more appropriate; one that could offer a more thorough, intended, deliberate approach.

 

Which of the following is a suitable approach to developing strategy for this organisation?

Options:

A.

Rational Strategy

B.

Resource based strategy

C.

Emergent strategy

D.

Shareholder strategy

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Questions 14

The manager of Company A has decided to upgrade the IT systems in 18 months time. Although the employees understand the need and benefits from the change there is still some resistance from fear of the unknown and a question mark over the security of their jobs.

 

Which TWO of the methods below for dealing with change are most appropriate under these circumstances?

Options:

A.

Coercion

B.

Education and communication

C.

Facilitation and support

D.

Participation

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Questions 15

Kumari is about to start her new roie in the secretarial function of a law firm.

Which of the following is likely to be key part of her job?

Options:

A.

Ensuring legal duties are undertaken correctly at board level

B.

Controlling the provision of internal information

C.

Controlling the processing of transactions

D.

Ensuring internal processes are well controlled, efficient and effective

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Questions 16

A building project for developing new homes to customers ' own specification is behind schedule and will incur penalty payments if the next milestone is not achieved on time.

 

Which of the following strategies would be appropriate in order to get the project back on track and that will not compromise customer satisfaction and could still minimse the overall cost of development?

 

Select All that apply.

Options:

A.

Motivate labour resources to work smarter.

B.

Identify activities that are not adding value.

C.

Reduce the specification for the project build.

D.

Consider increasing the number of builders working on the project each day.

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Questions 17

The ability to negotiate is an important management skill. Which approach to negotiation is less likely to result in future further conflict?

Options:

A.

Lose - Win

B.

Win - Lose

C.

Lose - Lose

D.

Win - Win

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Questions 18

Which TWO of the planning tools listed below show the minimum completion time of a project?

Options:

A.

Gantt Charts

B.

Resource Histograms

C.

Network Diagrams

D.

Milestones

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Questions 19

The task of C the project manager and his management team is to implement a new examination system. The success of the project depends on the expertise, skill and commitment of both C ' s project team and that of examiners contracted to produce examination material in a radically new format.

Which of the following leadership styles should C adopt in order to gain maximum commitment from both his project team and from the examiners contracted to produce the new examination material?

Options:

A.

Exploitative authoritative

B.

Benevolent authoritative

C.

Consultative

D.

Participative

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Questions 20

A publishing business prints thousands of books every week. The Managing Director employed Taylor ' s Principles of Scientific Management in order to run the business efficiently. Which of the following would not have

been initiatives he would have introduced into the business?

Select ALL that apply.

Options:

A.

There was a focus on rewarding teams on each of the print presses for good performance

B.

Jobs were re-allocated on a monthly basis to maintain motivation

C.

Procedures were quickly adapted for flexibility when volumes increased

D.

All roles on the printing presses were analysed and the optimum method of working identified

E.

The employees on the production line were selected based on their physical capability to operate heavy print presses

F.

The managers spent most of their time planning the production to make it as efficient as possible

G.

Workers on the print presses followed the set procedures so need little supervisions

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Questions 21

An insurance group is contemplating a proposal to outsource its customer call centre. The centre is currently managed as an internal function. Before taking a strategic decision, the group directors are assessing not only the long term operating costs but all the transaction costs associated with a change to an external provider.

 

In the context of this proposal, what are the transaction costs that would need to be considered by the directors?

 

Select ALL that apply.

Options:

A.

Contract drafting and negotiations

B.

Incentive payments for call centre staff

C.

Enforcing the terms of the contract

D.

Setting and monitoring service standards

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Questions 22

The Finance Director in an organisation has suffered from some criticism in her management approach, in particular her poor communication methods. For example, using finance jargon in her emails and sending messages out of normal office working hours.

 

This has lead to some of the members of staff being demotivated.

 

Which of the following possible recommendations would improve the communication situation present in this organisaion?

 

Select ALL that apply.

Options:

A.

Arrange meetings whereby the Finance Director is the facilitator and an agenda is set which ensures clear objectives are established and action points noted and followed up.

B.

Send the members of staff on an away day event to improve morale.

C.

Have a glossary of key terminology, e.g. the meaning of the financial information abbreviations.

D.

Recruit a new Finance Director.

E.

Ensure the appropriate channels of communication are used to suit the situation and timing of responses is allowed.

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Questions 23

KK manufactures mobile phones and it possesses an inimitable resource in the mobile phone market in which it currently competes.

Which of the following  best describes this type of resource?

Options:

A.

It will provide wide access to a variety of markets

B.

A competitor will see the perceived benefits

C.

A competitor will find it difficult to copy

D.

A competitor could substitute the resource

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Questions 24

 Which of the following does NOT describe the theory of the transformational super-leader?

Options:

A.

Someone with the right personality, appearance and attributes.

B.

Someone who is caring, inspirational, visionary, ethical and a risk-taker.

C.

Someone with a style consistent with a hostile and rapidly changing environment, with the need to develop flexible organisational forms, to motivate knowledge workers and develop a learning organisation.

D.

Someone who has followed a leadership course at Harvard Business School.

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Questions 25

WBS organisation has recruited a new project manager to manage the implementation of a new accounting package for its UK division.

 

The previous project manager created a hostile environment for the team involved in developing the new system.

 

How could the new project manager foster a more motivated team environment?

Options:

A.

By taking control of all meetings and inform the team only when a major issue needs dealing with.

B.

By recruiting a new team from outside the organisation that may be more motivated from the start.

C.

By adopting an autocratic management style that does not allow participation of the team.

D.

By adopting a participative style of management, recruiting a team with the correct skills, holding regular meetings and managing any conflict.

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Questions 26

Charles Handy described organisational culture as:

Options:

A.

The way we do things around here

B.

Values embedded in an organisation

C.

An invisible bond which ties the people of the organisation together

D.

The way of the employees and their beliefs

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Questions 27

The concept of core competences is key to successful outsourcing strategy. Organisations should:

Options:

A.

focus on core competences and outsource non-core competences to external firms that can add more value.

B.

focus on non-core competences in order to drive down the cost of non value adding activities.

C.

focus on core competences by outsourcing these functions to external firms that can add more value.

D.

focus on non-core competences by applying transaction cost theory to external firms.

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Questions 28

The purpose of PEST analysis is described by which of the following?

Options:

A.

To examine the competitive forces at work in the industry.

B.

To determine the strengths and weaknesses of the organisation.

C.

To assess the power of the internal stakeholders.

D.

To assess the threats and opportunities posed by the wider environmental forces.

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Questions 29

What event occurs between the second and third stages of Gido and Clement ' s Project Life Cycle?

Options:

A.

An agreement to proceed with the project is made

B.

A request for a proposal is made

C.

Several solutions are proposed

D.

The identification that there is a need a project

E.

A feasibility study is undertaken

F.

Project objectives are identified

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Questions 30

A number of managers in an organisation approach change using a variety of techniques. Manager A focuses on staff training. Manager B provides large bonuses for effective project management. Manager C

restructures his team to reduce headcount. Manager D lays out the financial problems in the business and why change is unavoidable. Manager E calls his team together to openly discuss the issues. Manager F calls

for ideas from his team to make the change happen.

Based on Beer and Nohria ' s change theory, which of these managers can be described as Theory 0 managers?

Select ALL that apply.

Options:

A.

Manager A

B.

Manager E

C.

Manager F

D.

Manager B

E.

Manager C

F.

Manager D

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Questions 31

A company displaying creativity in its workforce, and an ability to react to the dynamic environment in which it operates, is most likely to avoid which of the approaches to strategy formulation listed below?

Options:

A.

Emergent

B.

Freewheeling opportunism

C.

Rational

D.

Incremental

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Questions 32

 

Examine the network diagram shown and identify ALL of the statements below that are true.

E2 Question 32

Options:

A.

Task C is a predecessor of E

B.

Task G may begin when either Task B or Task F have finished

C.

When Task A is complete, three tasks may begin

D.

Task D is a successor to F

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Questions 33

Michael Porter argued that nations can develop advanced business environments that are conducive to business development and lead to firms from one nation gaining a competitive advantage over firms from other countries. Porter used a diamond shaped diagram as the basis of a framework to illustrate and analyse the determinants that lead to national advantage.

 

Which of the following factors are present within the diamond framework?

 

Select ALL that apply.

Options:

A.

Factor conditions

B.

Demand conditions

C.

Firm strategy, structure and rivalry

D.

Related and supporting industries

E.

Export opportunities

F.

Education resources

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Questions 34

Which of the following statements relate to Handy ' s role culture?

Select ALL that apply.

Options:

A.

People act in accordance with rules and requires of their position.

B.

There is a formal structure with clear responsibilities for each individual.

C.

Individuals operate independently.

D.

Organisations exist to satisfy the requirements of the individual.

E.

There are few procedures or rules.

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Questions 35

DD is in charge of a group of twelve people involved in complex work. The group work together amicably and DD ' s leadership is valued. DD is supported by KK, who often deals with the group on behalf of DD.

 

Recently KK resigned for family reasons, along with another member of the group who became despondent with change and DD has now recruited new members to the group.

 

DD has found the group dynamics have changed and various members complain about what they are expected to do.

 

Which of the following is the least appropriate approach that DD should adopt to ensure the group reverts back to its former cohesiveness?

Options:

A.

Break the group into smaller teams and allow the groups to evolve again.

B.

Introduce a series of team building training sessions.

C.

Become directly involved in structuring the progression of the group, influencing the development of roles.

D.

Emphasise the need for a new approach by carrying out disciplinary procedures for the individuals who are complaining.

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Questions 36

JJ is the project manager implementing a new software system in the customer services department of a large manufacturing organisation.

 

As part of the new ways of working, JJ is introducing changes to the working hours of the customer services team.

 

The customer services team is not happy with the changes and is complaining that it does not report to JJ, so why should it have to adapt its working hours.

 

This is an example of:

Options:

A.

Triggers for change

B.

Resistance to change

C.

Tolerance of change

D.

Acceptance of change

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Questions 37

Which of the following statements does NOT help characterise Quinn ' s notion of logical incrementalism?

Options:

A.

The alternative to having a long-term strategic plan is not having a plan at all, or having a series of short-term plans as a replacement.

B.

Generally managers know where they want to go and initially work out a few integrating principles that help guide the company ' s overall actions.

C.

Strategy is a step by step learning process which proceeds from early generalities toward later specifics, clarifying the strategy as events permit and dictate.

D.

Managers consciously keep their decisions small and flexible. In the early stages they avoid precise statements that might impair their flexibility to seize new opportunities.

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Questions 38

An organisation undertakes a planned strategy and it is currently at the stage of completing a strategic analysis.

It has defined what it is seeking to achieve, identified the strengths and weaknesses of the company and has undertaken a corporate appraisal.

What stage of its strategic analysis has the organisation failed to carry out?

Options:

A.

An external analysis of the business ' s environment

B.

Identification of strategic options

C.

Identification of functional policies

D.

Making strategic choices

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Questions 39

Which of the following statements relating to negotiation are incorrect?

Select ALL that apply.

Options:

A.

There are always at least two parties present in any negotiation process.

B.

Negotiation occurs when parties prefer to search for an agreement rather than openly fight.

C.

Negotiation takes place when there are no established set rules for resolving the conflict, or the parties prefer to work outside of an established set of rules to reach a solution.

D.

The negotiation process isn ' t always voluntary and a contract of agreement should be signed.

E.

The bargaining phase is the last stage of the negotiation process.

F.

The preparation phase is the first stage of the negotiation process.

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Questions 40

GG, the new CEO in an organisation, was surprised to find out that the company does not undertake competitor analysis. He was told that, as the organisation operates in a very dynamic market,  things change too quickly to make analysis worthwhile.

 

Choose from the following the option that presents why competitor analysis is important.

Options:

A.

It allows the organisation to use the budget that the Marketing Department has been allocated so it doesn ' t lose it in the future.

B.

It is an activity that satisfies the senior managers ' requests.

C.

If competitor analysis is not undertaken a new competitor could have entered the market and could reduce the sales of the organisation.

D.

It can help the company to market its products.

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Questions 41

Q has been appointed as the Commercial Director of a medium-sized publishing company that is facing strong competitive pressures in difficult trading conditions. Q is surprised to find that the firm is pursuing the formal/rational approach to strategy development.

 

Q is now preparing a presentation to the Board to change the basis of strategy development to an emergent approach.

 

Which THREE arguments could Q use in the presentation?

Options:

A.

The rational approach takes up significant organisational resources, can be very expensive, time consuming and complicated.

B.

The rational process can end up as a bureaucratic, top-down process focusing on plans, systems and targets, leading to a loss of entrepreneurial spirit.

C.

Given an uncertain business environment, it is impossible for rational strategy makers to make reliable assumptions about the future.

D.

An emergent approach encourages managers to take a longer term view of the development of the business, rather than being short-term and reactive.

E.

From a stakeholder perspective, the emergent approach could be viewed as demonstrating that the organisation has a very clear sense of where it is going.

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Questions 42

Four orthopaedic surgeons in a busy hospital department have very different work habits. Each has their own team of medical technicians who are used to the surgeons ' personal preferences and are very comfortable with their routines; they basically do the same things every day. This way of working has gone on for several years.

 

When a new administration manager suggested that they train all of the technicians to work with all the surgeons this led to significant resistance from all of the parties involved. The technicians were concerned that they would no longer be able to perform their usual daily tasks.

 

On the basis of the scenario what would be the main cause of their resistance?

Options:

A.

The technicians ' fear that they would be forced out of their regular habits.

B.

The technicians ' concern over personal loss such as benefits and privileges.

C.

The technicians ' fear that the changes proposed would harm the efficiency of the department.

D.

The technicians ' belief that role ambiguity and uncertainty would increase. 

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Questions 43

Which of the following best describes the resource based view of strategy?

Options:

A.

Carrying out a SWOT analysis to set strategy.

B.

Recognising that competitive advantage stems from some unique asset or competence possessed by the organisation.

C.

Recognising competitive advantage stems from scanning the environment.

D.

Setting a strategy by creating the conditions for new ideas to flourish.

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Questions 44

There are many implications for an organisation when using PRINCE 2 for managing projects. Which of the following statements are correct?

Options:

A.

The Project Manager can make decisions independently without the approval of the board

B.

The Project Manager must follow a restricted step by step procedure

C.

All six processes and the many sub processes must be followed

D.

Project staff must operate under a strictly managed and controlled regime

E.

All actions must be within the bounds of agreed project objectives and scope

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Questions 45

A Company is undertaking a project for the first time and has given the Finance Manager the task of managing the project. He has been advised to use PERT, as it will help him with his Critical Path Analysis (CPA).

 

What information will the calculation using PERT provide the Finance Manager with to use in his CPA?

Options:

A.

The most optimistic time to complete an activity.

B.

 The most realistic / probable time to complete an activity.

C.

The expected time to complete an activity.

D.

The most pessimistic time to complete an activity.

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Questions 46

Every project has constraints. When running a project it is critical that the constraints are known.

 

What are the primary constraints in a project?

Options:

A.

Need, Solution & Implement

B.

Initiate, Plan, Execute, Control & Complete

C.

Define, Design & Develop

D.

Time, Cost & Quality

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Questions 47

Which of the following options contains the four criteria of a unique resource identified by Barney (1991) ?

Options:

A.

Valuable, Extendable, Rare, Substitutable

B.

Unsubstitutable, Valuable, Imperfectly Imitable, Rare

C.

Extendable, Substitutable, Imperfectly Imitable, Valuable

D.

Rare, Substitutable, Imperfectly Imitable, Valuable

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Questions 48

Several researchers have identified strong connections between corporate culture and resistance to organisational change.

 

Which TWO of the following are likely to be most resistant to organisational change:

Options:

A.

 H is a partnership of professionals with similar training, background and expertise. Power lies in senior individuals who generally believe themselves to be more important than the business. Co-operative and consistent behaviour is unusual.

B.

E is a small entrepreneurial firm controlled by an owner-manager. There are few rules and little bureaucracy. The firm can react quickly and decision making by the owner will be swift.

C.

F is a large bureaucratic organisation, structured by function. Staff working in F tend to be preoccupied with fulfilling their narrow job duties, with an emphasis on consistent, day-to-day routines.

D.

G is a project-based organisation where flexible teams are formed to solve particular problems. G is characterised by teamwork, flexibility and a strong commitment to making things happen.

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Questions 49

X is a major energy company and has discovered substantial onshore shale gas reserves in a rural part of the country. With new " fracking " technology, underground gas production could be profitable, provide jobs for local people and boost the local economy. This would require the purchase of large areas of land, without which the projects could not proceed.

 

Although local landowners were generally pleased to sell land to X at high prices, the reactions of local residents were less favourable as they were very concerned about the environmental impact.

 

Although their powers were limited, their influence on local councils was more significant. Every new fracking site was subject to strict planning controls and local councils controlled this process.

 

Using Mendelow ' s stakeholder management theory, which stakeholder group should be categorised as high interest/low power - with a strategy of " keep informed " (unless their power and influence start to increase)?

Options:

A.

Local residents

B.

Local landowners

C.

Local Councils

D.

Directors of X

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Questions 50

Which of the following best describes a shared service centre (SSC)?

Options:

A.

A shared service centre is when a contract is initiated with a third party to provide part or all of a business process or function.

B.

A shared service centre refers to the provision of a service by one part of an organisation where that service has previously been found in more than one part of the organisation.

C.

A shared service centre is when a dedicated finance function is set up within each business area.

D.

A shared service centre is when an organisation requires expertise and support of a team with a variety of skills.

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Questions 51

The role of competitor analysis, according to Wilson and Gilligan is threefold.

 

Which of the following does NOT apply?

Options:

A.

To generate insights into competitors ' past, present and future strategies.

B.

To provide in-depth understanding about customer preferences which can aid product development and marketing strategies.

C.

To help management understand their competitive advantages and disadvantages relative to competitors.

D.

To give an informed basis for developing future strategies to sustain or establish advantages over competitors.

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Questions 52

According to Hofstede (1990) a company that values tradition, education and training is said to have which of the following cultural dimensions?

Options:

A.

Collectivism

B.

Feminine orientation

C.

Long term orientation

D.

Low power distance

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Questions 53

The B Car Company is considering a joint venture with a company in Country X. It is undertaking a political risk analysis at both a micro and macro level. Which of the following is a micro level risk?

Options:

A.

Threat of civil war in Country X

B.

Government expropriation of private company assets wtthout compensation

C.

Government regulation of the Car Industry in Country X

D.

Political boycott of goods from Country X by several other countries

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Questions 54

Hersey and Blanchard developed a theory of situational leadership which suggested that successful leaders should change their leadership style according to the maturity of the subordinates they are leading. This includes an assessment of their professional ability and their readiness to undertake set tasks.

 

Based on this theory, which leadership style would be best suited to a subordinate showing the highest levels of maturity, readiness, ability and willingness to tackle the work available?

Options:

A.

Delegating

B.

Telling

C.

Selling

D.

Participating

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Questions 55

Max is a quiet member of staff who likes to receive all the details before making decisions in the workplace.

 

He is very satisfied with the way he works currently and is reluctant to change the way he works when you suggest implementing a new system to deal with enquiries. These changes form a major part of his work allocation.

 

Which would be the most appropriate methods to deal with any resistance to change you may experience from Max?

 

Select ALL that apply.

Options:

A.

Coercion

B.

Manipulation / Co-optation

C.

Participation / involvement

D.

Education

E.

Facilitation / support

F.

Negotiation / agreement

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Questions 56

What is the main use of the Thomas-Kilmann Conflict Mode Instrument?

Options:

A.

It is a framework for assessing the causes of conflict in an organisation.

B.

It is a framework for assessing the symptoms of conflict in an organisation.

C.

It is a framework for classifying different ways of handling conflict.

D.

It is a framework for classifying the types of conflict in an organisation.

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Questions 57

The functions of mentoring include which THREE of the following?

Options:

A.

A career function concerned with enhancement through exposure, visibility and sponsorship.

B.

A Psychological function deriving from aspects of the relationship that advance competence and effectiveness.

C.

A contact function that expects mentees ' contacts to provide them with valuable contacts.

D.

A ' drawing-out ' function to increase an individual ' s ability and willingness in a specific subject or problem area.

E.

A training function aimed at continuous improvement of employee skills.

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Questions 58

Porter ' s Value Chain model is divided into two main categories. From the choices below identify the TWO categories:

Options:

A.

Operational activities

B.

Marketing and Sales activities

C.

Primary Activities

D.

Procurement Activities

E.

Support Activities

F.

Outbound logistics

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Questions 59

Many companies use Critical Path Analysis (CPA) to manage projects.

 

Which TWO of the options below could be identified from a CPA diagram? 

Options:

A.

The activities which need to be completed before the next activity can start.

B.

The resource usage variance for each activity.

C.

The activities which can ' t overrun without delaying the whole project.

D.

The probable time for each activity.

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Questions 60

Which THREE of the following are advantages of empowerment?

Options:

A.

It reduces operational costs by eliminating unnecessary layers of management.

B.

It requires a clear vision and a learning environment for both management and employees.

C.

It helps generate innovative solutions that benefit both the department and the company.

D.

It requires feedback on performance from a variety of sources.

E.

It provides for greater job satisfaction, motivation and commitment.

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Questions 61

Many public companies remain committed to the rational approach to strategic decision making believing that the long term advantages outweigh the disadvantages.

 

Which TWO of the following factors are considered to be advantages of the rational approach?

Options:

A.

Less time consuming and less expensive

B.

Fosters an entrepreneurial spirit

C.

Aids target setting and controls

D.

Stakeholder confidence is enhanced

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Questions 62

A leader of a new project at a marketing agency believes that good leadership requires focus on both the task needs and individual needs.

Based on Adair ' s action-centered leadership theory, which of the following skills is the leader less likely to have due to this?

Select ALL that apply.

Options:

A.

Setting performance standards

B.

Checking performance against plan

C.

Controlling quality of work

D.

Training and mentoring

E.

Building team spirit

F.

Ensuring communication within group

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Questions 63

Bob is the Finance Director of a manufacturing business selling luggage sucn as suitcases. He decides to undertake a business process re-engineering of the credit control function in order to achieve dramatic

improvements.

What wouldn ' t be classed as the main improvements bob expects to deliver?

Select ALL that apply.

Options:

A.

To change the culture of the team

B.

To improve security of information

C.

To automate the credit control process to reduce costs

D.

To improve the speed of the process to improve efficiency

E.

To reduce errors in credit control and produce more accurate information

F.

To do this in line with new sophisticated information systems

G.

To improve the motivation of the team

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Exam Code: E2
Exam Name: Project and Relationship Management
Last Update: May 6, 2026
Questions: 210

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