1.
Your project selection committee used a weighted scoring model and found that Project B, with a score of 54, should be chosen over the other competing projects. Which of the following is true?
3.
Project selection criteria might include:
4.
Which of the following is true regarding the project charter?
5.
You are the project manager for Zippy Tees. Your company has decided to outsource the manufacturing of miniature bears to be attached to your trendy T-shirts. Which of the following is true?
6.
Ruby is an administrative assistant with another department. Her manager has agreed to loan Ruby’s services to you on a part-time basis during your current project. Ruby is putting together the cost projections you’ve gathered so far. You want to include these costs in the project charter. Ruby is formatting this information for you into a spreadsheet package and is printing copies. Which of the following is true?
7.
Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000 with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
8.
Which of the following is true?
9.
You are a project manager for Zippy Tees. Your selection committee has just chosen a project you recommended for implementation. Your project is to manufacture a line of miniature stuffed bears that will be attached to your company’s trendy T-shirts. The bears will be wearing the same T-shirt design as the shirt they’re attached to. Your project sponsor thinks you’ve really impressed the big boss and wants you to skip to the manufacturing process right away. What is your response?
10.
What are the Initiation process outputs?
