Sanchez is looking at purchasing a new snow blower and has found three models he thinks are equivalent. A Brute model at Walmart retails for $458 with an expected life of five years. A Sno-Tek model at Home Depot retails for $749 with unexpected life of 10 years. A Yardwork model at Canadian Tire retails for $649 with an expected life of eight years. If the money to acquire the snow blower is obtained at a rate of 8% compounded annually, which snow blower should be

selected? (Hint: Since these are costs, look for the lowest value.)

2) . A municipality is considering purchasing a police helicopter to assist its ground patrols. A Euro copter EC120 model is being considered for a purchase price of $1.7 million with annual operating costs expected to be $150,000 at every yearend and a salvage value of $500,000 after six years, which is its predicted life expectancy. A Euro copter AS350 model could also be purchased for $2 million with annual operating costs expected to be $120,000 at every year-end and with a salvage value of $550,000 after seven years, which is its predicted life expectancy. If both helicopters are deemed suitable, which model should be selected at a cost of capital of 10%?

you are the program level manager with several project activities underway. In the executing process group, you begin to become concerned about the accuracy of progress reports from the projects. What would BEST support your opinion that there is a problem?

1.You are a project manager for a major information systems project. Someone from the quality department comes to see you about beginning a quality audit of your project. The team, already under pressure to complete the project as soon as possible, objects to the audit. You should explain to the team that the purpose of a quality audit is:

2.During every project team meeting, the project manager asks each team member to describe the work he or she is doing, and the project manager assigns new activities to team members. The length of these meetings has increased because there are many different activities to assign. This could be happening for all the following reasons EXCEPT:

3.Amy, your friend, works as a software developer at an E-commerce company. When you are chatting with Amy about her project, she told that their project management approach relies on three practices. 1- Visualize what you do today, 2- Limit the amount of work in progress, 3- Enhance flow. Which of the following agile methodology is used in Amy's project?

4.You are working at Smart Heart Co as a Project Manager. Smart Heart is a company producing healthcare products. You are continuously monitoring the business environment if any changes are affecting your project. You are using the PESTEL analysis for environmental scanning. Which of the following does not belong to PESTEL categories?

5.A project manager is quantifying risk for her project. She needs expert opinion in this process and related experts are spread over to different geographical locations. How can she continue?

6.During risk management activities, 236 risks have been identified which are caused by 13 root causes. You could eliminate the 234 risks by your risk management activities. For remaining 2 risks, you, together with your team, could not find a way to mitigate or insure the risks. Also these 2 risks cannot be outsourced or removed from project scope. What is the best solution?

7.The project team is arguing about the prospective sellers who have submitted proposals. One team member argues for a certain seller while another team member wants the project to be awarded to a

different seller. The BEST thing the project manager should remind the team to focus on in order to make a selection is the:

8.A project manager is in the middle of creating a request for proposal (RFP). What part of the procurement process is she in?

9.You want to group your project stakeholders based on their authority and involvement in the project. Which of the following is appropriate model for this?