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PRM3701 ASSIGNMENT 4 SEMESTER 2 2024 Which of the following activities is the best example of a project? a. Processing insurance claims b. Producing automobiles c. Writing a policy manual d. Monitoring product quality e. Overseeing customer requests €2,60
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PRM3701 ASSIGNMENT 4 SEMESTER 2 2024 Which of the following activities is the best example of a project? a. Processing insurance claims b. Producing automobiles c. Writing a policy manual d. Monitoring product quality e. Overseeing customer requests
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  • Vak
  • Project Management (PRM3701)
  • Instelling
  • University Of South Africa (Unisa)

PRM3701 ASSIGNMENT 4 SEMESTER 2 2024 Which of the following activities is the best example of a project? a. Processing insurance claims b. Producing automobiles c. Writing a policy manual d. Monitoring product quality e. Overseeing customer requests

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  • 5 september 2024
  • 62
  • 2024/2025
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  • project management prm3701

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  • University of South Africa (Unisa)
  • Project Management (PRM3701)
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DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS NOT
PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE
SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS ASSIGNMENT IS
INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT,
AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE
THIS WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS
PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY EXISTING
THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE AUTHORS
HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF
THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
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1
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144

,9/5/24, 10:20 AM Assessment 4




PRM3701-24-S2  Welcome Message  Assessment 4

QUIZ




Question 1

Not yet answered

Marked out of 1.00




Which of the following activities is the best example of a project?


a. Processing insurance claims
b. Producing automobiles

c. Writing a policy manual

d. Monitoring product quality

e. Overseeing customer requests

Clear my choice




Question 2
Not yet answered

Marked out of 1.00




In project life cycle stages, the design team might plan a major commitment of resources in the defining stage, while the
quality team would expect their major effort to increase in the latter stages of the project life cycle. As the number of small
projects increase within an organization's portfolio, what is a challenge an organization faces?


a. Sharing resources

b. Measuring efficiency

c. Managing risk

d. Prioritizing projects

e. All of these are challenges

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21860442&cmid=941682 1/10

,9/5/24, 10:20 AM Assessment 4

Question 3

Not yet answered

Marked out of 1.00




Jim has been tasked to set up a kiosk for a professional accounting meeting. Which of these choices below enables him to
decide if this is a project or day to day work?


a. An established objective

b. A clear beginning and end

c. Specific time, cost and performance requirements

d. For internal use

e. Option 1,2 and 3 are correct

Clear my choice




Question 4
Answer saved

Marked out of 1.00




You have been the project manager for the building a new bridge. In which stage of the project life cycle are you more likely to
find status reports, changes, and the creation of forecasts?


a. Identifying

b. Defining

c. Planning

d. Executing

e. Closing

Clear my choice




Question 5
Answer saved

Marked out of 1.00




In order to formulate strategies that align with the mission, some of the activities the organization will need to perform are


a. assess internal strengths and weaknesses.

b. analyze competitors.

c. examine the external environment.

d. know their core competencies.

e. All of these should be considered when formulating strategies.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21860442&cmid=941682 2/10

, 9/5/24, 10:20 AM Assessment 4

Question 6

Not yet answered

Marked out of 1.00




When creating a selection model, it is important to


a. make it mathematically complex so it cannot be "gamed".

b. not use it as the final determination for project selection.

c. assure the objectivity of the model.

d. make certain the units used in the model are not inconsistent.

e. keep it secret from those submitting project proposals.

Clear my choice




Question 7
Not yet answered

Marked out of 1.00




An operational project is one that


a. must be completed.

b. supports an organizations’ long-run mission.

c. can improve organizational performance.

d. is completed to meet regulatory compliance.

e. always is extremely relevant to the strategic vision of the organization.

Clear my choice




Question 8

Not yet answered

Marked out of 1.00




The __________ financial model measures the current value of all cash inflows using management's minimum desired rate of
return.


a. CABB

b. ARR

c. IRS

d. PMI

e. None of these alternatives are correct

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21860442&cmid=941682 3/10

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