Getting a flat tire while you drive your car is a risk. You do not know if you are going to get a flat tire or not, but you carry a spare tire in your car in case it happens.

What kind of risk response strategy "carrying a spare tire in your car" is? Explain Why? (2 marks)

What is the main purpose of Stakeholder Register? (1 mark)

You are assigned to work as a Project Manager in ZPharma, a pharmaceutical company in Toronto, to develop a new quality control program for the organization's drug production facilities. You know ZPharma has a Functional Structure.

Who maintains the authority to manage budget and resource allocation. (1 mark)

ou are hired to work as a Project Manager in ZPharma, a pharmaceutical company in Toronto, to develop a new quality control program for the organization's drug production facilities. You know ZPharma has a Matrix Structure.

Name two advantages and two disadvantages of performing this project in Matrix structure (2 marks)

What is contingency planning? Explain and provide an example of contingency planning for a sample project. (2 marks)

ZPharma company emphasizes efficiency, process, and cost control. The technical expertise of employees and their ability to eliminate errors in the production process has the high priority. Their conservative management values cautious decision-making to deliver a reliable product to their customers.

What organization culture has ZPharma? (1 mark)

You are the Project Manager for a construction of 3 bedrooms house. After your first meeting with your stakeholder, you were able to develop a clear list of expectations and requirements which helps you to develop a fixed scope for the project.

Which development approach (Project Management methodology) do you suggest for this project? Agile or waterfall? Explain why. (2 marks)

You are the Project Manager for a construction of 3 bedrooms house. One of the identified stakeholders for your project is the supplier of windows.

What Power and what Interest designation you assign to this stakeholder? Explain why? (2 marks)

You are the Project Manager to develop a mobile application for a food delivery business. After your first meeting with your stakeholders, you realized that they are not clear about project requirements. You know that high customer interaction will be required during the project to support the continuous design and ongoing changes.

Which development approach (Project Management methodology) you suggest for this project? Agile or waterfall? Explain why. (2 marks)