Pure project - Study guides, Class notes & Summaries

Conditions of Satisfaction Minimal acceptable outcome for any endeavor or project Strategic Decision -Long term -Often involving acquisition of new resources -Electric utility - power station construction Tactical Decision -Medium term -Utilization of existing resources -Assembly plant - workforce commitments Operational Decision -Short term -Execution of schedules or control activities -Hospital - shift scheduling Operations Management The design, operatio...

According to the Quality System Regulation, when an investigation of a complaint is conducted all of the following are requirements for inclusion in the record of the investigation EXCEPT: A. The dates and results of the investigation B. The nature and details of the complaint C. Changes in procedures correcting quality problems D. Any reply to the complainant - Answer-C. A regulatory affairs professional wants to schedule a pre-NDA meeting with FDA. He or she should: A. Write a letter to...

Extra Production Capacity as a competitive advantage: correct answers Take business immediately. Capacity Cushion correct answers The amount of reserve capacity a process uses to handle sudden increases in demand or temporary losses of production capacity. If Jacob from Trinity Manufacturing is managing a project for a simple organization with no bureaucracy: correct answers He will most likely finish his project on time and under budget. Functional correct answers The project is housed...

If the chance that any one of five telephone lines is busy at any instant is 0.01, then what is the probability that all the lines are busy? A. (0.01)^4 B. (0.01)^5 C. (0.01)^6 D. (0.01)^10 - B. (0.01)^5 N = 5, p = 0.01, x = 5 Apply Standard formula for Binomial Distribution. Thus, option b is the correct answer. Who should complete the control phase after the successful completion and implementation of the first four phases of DMAIC? A. The green belt alone; the project has...

MGMT 333 La Tech Exam Review Project - ANS-a series of related jobs usually directed toward some major output and requiring a significant period of time to perform Project Management - ANS-the management activities of planning, directing, and controlling resources (people, equipment, material) to meet the technical, cost, and time constraints of a project Project Management Characteristics - ANS--single unit -many related activities -difficult production planning and inventory control ...

Mgmt 179 Exam Questions With 100% Correct Answers 2024/2025 The functional manager has expertise in the function he or she manages, but the project manager rarely has expertise in many of the project's technical areas. - answerTrue Project team members are often faced with conflicting orders in a matrix organization. - answerTrue Morale of the project team is a key responsibility of the project manager. - answerTrue A pure project organization is usually too expensive for the management ...

ITPM Exam Complete Questions with 100% Correct Answers Project portfolio a portfolio is a grouping of projects and programs, with potentially unrelated goals, but linked by resources and/or governance. Project A project is a sequence of unique, complex, and connected activities that have one goal or purpose and that must be completed by a specific time, within budget, and according to specification. Temporary program Programs are groups of projects that are linked through their man...

PRO4801 ASSIGNMENT 4 Solutions 2022. PRO4801 - Project Management Explain what is meant by 'organic' and distinguish how the different kinds of integrators can enhance interaction, coordination and mutual adjustments. Organic means, the ability to be adaptable to the unexpected, and be both highly differentiated and highly integrated to accommodate a variety of problems and situations, (John Nicholas and Steyn, 2017) The following are different kinds of integrators and how they can enha...

Phi Beta Sigma, Phi Beta Sigma Information, Phi Beta Sigma History Exam Questions and Answers Latest Graded A+. What is the creed of Phi Beta Sigma? - Answer I believe in the principles of the Phi Sigma Fraternity and my loyalty to these transcends all personal responsibility. I believe that I should be a credit to the organization, and I should at all times safeguard its reputation with the best in conduct. I believe in the unity of purpose as expressed in the motto--Culture for Service an...

What kind of retirement plan can a 75-employee for profit corporation establish? - ANSWER-Simple IRA The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the - ANSWER-Exclusion ratio Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT - ANSWER-failure to pay all claims that are reported within 90 days after a loss occurs The settlement option that allows p...