QUESTION 1

1) The orange juice manufacturers know that orange juice is most often consumed in the mornings. However, they would like to change this and make the drink acceptable during other time periods during the day. Which form of segmentation would they need to work with and establish strategy reflective of their desires?

2) What is the component of the Resource Management Plan that describes when and how the project human resource requirements will be acquired?

3) You are the project manager of ABC project. Mid-way through the project a key component was found defective. This was not planned for. The team met after the event and managed to make the product work without the defective component. This is an example of -

4) You are the Project Manager of ABC project. The project is being executed in an earthquake-prone area. To take care of this you buy insurance for earthquakes. This is an example of?

5) You are the Project Manager for ABC project. You need to find out which issue has maximum impact on the project. Which tool should you use?

6) When analysing quality for a project a Project Manager decides to use a tool. This tool provides a creative way to look at the causes or potential causes of a problem. Which tool is the Project Manager planning to use?

7) A Project Manager is using AOA to perform critical path analysis. The network diagram is represented as shown using below. What will represent the path:

Activity Duration Dependent on

A 3 None

C 3 None

B 2 A

D 5 C

E 2 None

F 4 E

G 3 D, F

H 1 D, F

I 2 B, G

R 0 H, I

8) According to Maslow's hierarchy of needs, what is the lowest level which must be met before other levels can be met?

9) You are part of an expert committee deciding which project should be implemented by your company. Your committee asks tough questions from the project teams and helps decide which project your company should select. Which project selection technique are you using.

10) You have just been made the Project Manager of the ABC project. You are trying to read the WBS and are unable to understand some of the WBS components. What should be your first step to understand this?

11) You are planning to use PERT for planning of your project. A task has pessimistic estimate of 24 days, most likely estimate of 15 days and optimistic estimate of 12 days. What is the mean using the PERT technique?

12) You are using straight line depreciation to compute the value of your computer after three years. If the current cost is $1000, what will be the value after three years assuming that the computer's life is five years.

13) You have been asked to make an estimate for a project. The project involves manufacturing 1000 toys. You expect that as the team manufactures some toys, the time to make them will reduce. Which estimation technique will you use?

14) John is an excellent engineer. The management assumes that since he is a good technical performer, he will be a good project manager too. Based upon this, John was promoted to Project Manager. This is an example of

15) You are the Project Manager of the XYZ project. You want to find the planned expenses for next month. Which document do you need to refer to?

16) You are the Project Manager assigned to build a next generation vehicle. You identify a dependency that the wheels must be designed and developed before the assembly of the vehicle can be performed. This is an example of which type of dependency?

17) You are the Project Manager assigned to build a next generation vehicle. You identify a dependency that before the vehicle can be sold, it must be approved by the Government regulatory authority. This is an example of which type of dependency?

18) You are required to estimate the time to paint a large wall. You know it takes two hours to paint one square foot of wall. The wall has an area of 30 square foot. So, you estimate that it will take 60 hours to paint the wall. Which estimation model will you use?

19) You are the project manager responsible for building a new web site. The project is running late. To bring the project on schedule, you decide to add additional resources to the critical path. This is an example of

20) You are the project manager of ABC project. One of the risks that has been identifies is attrition of team members. Mid-way through the project you notice that the morale and motivation of the team members is going down. You think that this is a precursor to people leaving the organization. For this risk, low motivation is an example of