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Your employer has issued you a computer. Using this computer to trade stocks online could be considered which of the following ethical dilemmas? Confidence Human resource Corporate resource Conflict of interest None of these Which implemention approach is usually the most expensive and least risky? Direct Cutover Parallel Phased All of these None of these The second step in the Change Management Plan is to , when determination is made of the process to follow in implementing the change. assess willingness, readiness, and ability to change develop of adopt a strategy for change implement the change management plan and track progress evaluate experiences and develop lessons learned define, develop and deploy the infrastructure Cost Variance (CV) is how much we actually spent for work completed how much we budgeted to spend at the beginning of the project how much of the budget we have left to spend on the project how much of the budget we really should have spent on the work completed so far the difference between the estimated cost and how much we have actually spent A value-driven approach to project management means Applying project management tools and processes that are part of a methodology Taking a purely technical approach to projects that focuses mainly on the technology Deriving excellence in project management by documenting lessons learned and developing best practices Applying knowledge, skills, tools, and techniques to project activities to meet project requirements Measuring project success in terms of the value the project brings to the organization and not only in terms of meeting the project schedule and budget Which implemention approach usually entails the greatest level of risk especially if the system is not adequately tested? Direct Cutover Parallel Phased All represent equivalent risk Which of the following would NOT be considered a complexity of international projects? Currency exchange Regulations and laws Language Attitude toward work and time All of these are complexities of international projects Which implementation approach allows for implementation of modules in different departments or locations? Direct Cutover Parallel Phased All of these None of these can be defined as the shared beliefs, assumptions, and values that we learn from society or a group that guides or influences our behavior. Culture Diversity Internationalism Individualism None of these Which of the following would be an ethical dilemma where impartiality and trust come into question? Confidence Human resource Corporate resource Conflict of interest None of these If a project date is entered, Project 2010 will schedule all tasks as late as possible and will retain control over the project Start date. Status Start Finish Current EVAC= Cost performance index (CPI) Scheduled performance index (SPI) Cost Variance (CV) Minimum funds needed (MFN) None of these Which of the following is NOT a traditional management activity? Planning Inspiring a vision Controlling Staffing Evaluating requires determining the true problem, or cause, of the risk. risk identification risk assessment risk planning risk monitoring and control risk evaluation Risks may be positive or negative. For a positive risk, a project manager would want to accept the risk share ownership avoid the risk reduce the impact of the risk transfer the risk involves deciding which risks can impact the project. Plan Risk Management Identify Risks Perform Quantitative Risk Analysis Plan Risk Responses Monitor and Control Risks is useful when resolving complex issues that must be solved in a short time frame and the risks and rewards are moderately high. Avoidance Accommodation Forcing Compromise Collaboration