Sponsor vs manager - Study guides, Class notes & Summaries

What are the five criteria for a successful project? - Answer Time, cost, quality, risk & benefits Project Management - Answer The application of processes, methods, knowledge, skills and experience to achieve the project objectives Programme Management - Answer The coordinated management of projects and change manage activities to achieve beneficial change Project Success - Answer The satisfaction of stakeholder needs measured by the success criteria as identified and agreed at the sta...

APM PMQ 2023 Exam Questions with Complete Solutions Project variables/constraints - CORRECT ANSWERS Time Cost Quality Risk Benefit Scope Benefits of project management - CORRECT ANSWERS Improved project communication Effective resource management Better delivery of results Facilitates risk-taking Lessons learned Improved governance Challenges of project management - CORRECT ANSWERS Bureaucracy Limits creativity Threatens existing organisation structure C...

Property Management - Answer- The exercise of a retaining or governing influence over the acquisition, use, and disposition of personal property Property Control Variety of Names - Answer- Property Accounting, Fixed Asset Accounting, Inventory Control, Material, Property Control, Asset Management. Property Management Office PMO - Answer- Department within an org that is responsible for controlling or managing property Property Manager - Answer- PMO is headed by Property Manager is re...

CAIA Level I Exam 2023 5th percentile vs 25th percentile performance - CORRECT ANSWER-5th percentile managers outperform in every comparison BUT 25th percentile managers' performance is more volatile --> even if 25th percentile managers outperform they tend to mean revert --> demonstrates the perils of choosing managers based on historical performance alternative asset performance evaluation - CORRECT ANSWER-unlike in traditional assets, alpha is difficult to define in alterna...

What is engineering design? Correct Answer-To design is to synthesize something new or rearrange existing things in a new way to satisfy a need. The Project Triangle Correct Answer-Time, Cost, and Scope Team Sponsor vs. Team Leader vs. Team Facilitator Correct Answer-manager, needs output // chairs meetings.. // assistant Five Stages of Team Development Correct Answer-(Forming) (Storming) (Norming) (Performing) (Adjourning) 3 Steps of Product development Correct Answer-Market...

AAAE CM Exam with complete solutions The Airport Executive must balance these 2 conflicting philosophies - Answer ️️ -1. Airport is a Public Entity 2. Airport is a business enterprise and a place for commerce Sponsor vs. Manager - Answer ️️ -Sponsor-Policy establish policy set goals execute contracts Manager-Doer/worker Implement policy Run day to day airport enforces rules Airport Management Primary Duty is _______________ - Answer ️️ -Safe, Secure, Efficient Ops Part ...

AAAE CM Exam Review Questions and answers, rated A+ The Airport Executive must balance these 2 conflicting philosophies - 1. Airport is a Public Entity 2. Airport is a business enterprise and a place for commerce Sponsor vs. Manager - Sponsor-Policy establish policy set goals execute contracts Manager-Doer/worker Implement policy Run day to day airport enforces rules Airport Management Primary Duty is _______________ - Safe, Secure, Efficient Ops Part 77 - Obstructions Part 107...

Air Commerce Act of 1926 - ANSWER- Created a new Aeronautics Branch known as the CAA (the precursor of the FAA) Function of the Civil Aeronautics Board (CAB) - ANSWER- Make safety rules and economic regulation of the airlines Deregulation of the airlines created this airline design - ANSWER- Hub and spoke system What act created the FAA? - ANSWER- Federal Aviation Act (FAA) What act created the TSA? - ANSWER- Transportation Safety Act (TSA) Airport and Airway Development Act of 1970 - AN...

AAAE CM EXAM QUESTIONS AND ANSWERS The Airport Executive must balance these 2 conflicting philosophies - correct answer 1. Airport is a Public Entity 2. Airport is a business enterprise and a place for commerce Sponsor vs. Manager - correct answer Sponsor-Policy establish policy set goals execute contracts Manager-Doer/worker Implement policy Run day to day airport enforces rules Airport Management Primary Duty is _______________ - correct answer Safe, Secure, Efficient Ops

CIPM Questions and Answers 100% Pass Privacy vision and mission Statement of an org concisely communicates stance on privacy to all stakeholders 3 things to create a company vision 1. Get knowledge on privacy approaches 2. Evaluate intended objective 3. Get sponsor approval Elements within a privacy vision 1. Value of privacy to the org 2. Org objectives 3. Strategies to achieve intended outcomes 4. Roles/responsibilities Considerations when developing privacy strategy (3) 1. Business alignme...