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Only correct answers and well explained are welcomed. Don't attempt it if you can't get everything right. Add explanations and citations to every question 1.

Only correct answers and well explained are welcomed. Don't attempt it if you can't get everything right. Add explanations and citations to every question

1. You are a project manager for Star Light Strings. Star Light manufactures strings of lights for outdoor display. Its products range from simple light strings to elaborate lights with animal designs, bug designs, memorabilia, and so on. Your newest project requires a change. You are performing the Control Quality process and are looking at and testing a sampling of the product for conformance to quality standards. The tolerable result for the bulbs used on the string is 995-1,000 hours. All of the light bulbs must be LED bulbs. Which of the following are true regarding this process?

Tolerable results are assessed during an inspection and are expressed within a specified range.

The LED bulbs are an attribute. Attributes have two measures, conforming or nonconforming.

Prevention cost should be considered against the cost of rework, labor, material, and potential loss of customers.

You are performing an inspection. Inspections sometime use check sheets to help track and record data.

All are correct

2. Your project progressed as planned until yesterday. Suddenly, an unexpected risk event occurred. You quickly devised a response to deal with this negative risk event using which of the following?

Risk management plan updates

Workarounds

Corrective action

Additional risk identification

3. You are working on a project that was proceeding well until a manufacturing glitch occurred that requires corrective action. It turns out the glitch was an unintentional enhancement to the product, and the marketing people are absolutely crazy about its potential. The corrective action is cancelled, and you continue to produce the product with the newly discovered enhancement. As the project manager, you know that a variance has occurred. Which of the following options is true?

Attribute inspection determines whether measurements fall within tolerable results.

Scatter diagrams display the relationships between an independent and a dependent variable to show variations in the process over time.

Common causes of variance, also known as special-cause variances, are situations that are unique and not easily controlled at the operational level.

Random variances, known or predictable variances, and variances that are always present in the process are known as common causes of variance.

4. The Delphi method, technology forecasting, and forecast by analogy are examples of what category of forecasting methods?

Time series

Judgmental

Causal

Econometric

5. You are holding a regularly scheduled status meeting for your project. You know all of the following are true regarding status meetings except which one?

Observation and conversation may be used to gather information on project performance and reported at the status meeting.

Status meetings are a type of interactive communication.

Status meetings are a way to formally exchange information and update the stakeholders regarding project status.

Status meetings should be held throughout the project and at regularly scheduled intervals.

Information shared at status meetings always includes updates to elements such as scope, budget, and schedule and does not need to be tailored to the audience.

6. I have problem with structural VAR model. can anyone help?

7. Does anyone may indicate good Undergrad (Principles) Macroeconomics online and free courses?

8. Macroeconomic model (E3ME vs EEIO) for environmental policy assessment?

9. What is beyond traditional perfect market competition?

10. How strong can be the impact of the banks' lending policy on the situation in the construction sector?

11. Is the process of conducting economic analyzes improved thanks to the development of information technology Industry 4.0?

12. Where can find Quarterly Real Interest Rate Data?

13. What market comes out from adjusting traditional macroeconomics to reflect climate change and innovation concerns?

14. Has the gap between the national economy and the situation on the stock exchange been growing since the 1970s?

15. Has the scale and instances of dissonance increased since the 1970s, and the disparity between the macroeconomic situation and the economic situation of a particular national or global economy, including economic growth, etc., and the situation on capital markets, including securities markets?

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