Question 36
You are a project manager at an utility company. Due to the recent rise in the cost of
petroleum, the market demand for cheaper, alternate forms of energy have grown exponentially. Your company has identified, a multi billion dollar market opportunity for alternate forms of energy.
However your organization does not have enough resources and expertise to exploit this market opportunity. Hence your organization has decided to form joint ventures and risk sharing relationship with various other utility companies to coordinate research and development activities. Which of he following best describes the best strategy you are using with this market opportunity?
petroleum, the market demand for cheaper, alternate forms of energy have grown exponentially. Your company has identified, a multi billion dollar market opportunity for alternate forms of energy.
However your organization does not have enough resources and expertise to exploit this market opportunity. Hence your organization has decided to form joint ventures and risk sharing relationship with various other utility companies to coordinate research and development activities. Which of he following best describes the best strategy you are using with this market opportunity?
Question 37
An electronics firm authorizes a new project to develop a faster, cheaper, and smaller laptop after improvements in the industry and electronics technology. With which of the following strategic considerations is this project mainly concerned?
Question 38
There are likely to be team loyalty issues in a matrixed environment. All of the following are true regarding this situation as it pertains to the Manage Project Team process except for which one?
Question 39
Just prior to a project's execution phase, a project manager notices that the client mentioned some missing critical requirements. These requirements will dramatically impact the project's timeline and budget.
What should the project manager do?
What should the project manager do?
Question 40
A team of experts provides a project manager with different effort estimates for implementing a project's scope. What tool or technique should the project manager use to develop a project schedule?
