The prediction of tomorrow's weather is considered to be which type of change situation?
Contained change refers to scenarios where outcomes can be predicted with a degree of probability, though not with complete certainty. Weather forecasting fits this --- not fully certain (like closed change), but predictable through data and modelling.
Daniel is a Project Manager and has just run a risk simulation to find out the likelihood of his project taking 3, 4, or 5 weeks to complete. He discovered it is equally likely the project would take any of those durations. What type of distribution is this?
A uniform distribution gives equal probability to all outcomes. Each project duration (3, 4, 5 weeks) has the same likelihood, making it uniformly distributed.
In a large construction project with many stakeholders, which groups would you expect to see represented on the Project Board? Select TWO
For large/complex initiatives, Senior Users and Senior Suppliers are commonly represented (e.g., via user and supplier advisory groups) to reflect those affected and those providing key deliverables.
What is the name of the evolutionary stage in a company's development in which an organisation overcomes the burden of bureaucracy through the use of interpersonal communication and the introduction of a new organisational design such as a matrix structure?
In Greiner's growth phases, the collaboration phase addresses bureaucratic overload using teamwork, interpersonal collaboration, and flexible structures (e.g., matrix). It follows creative direction delegation coordination collaboration.
Graham manages a biscuit-making factory and requires a new piece of equipment. After having his budget approved as a capital-expenditure item, he has looked at different purchasing options. Graham has decided to use a method in which the asset is leased over two years and at the end of the two years the company has the opportunity to own the asset outright via payment of a balloon payment. What type of purchase is this?
Hire purchase involves staged payments with an option to own the asset at the end (often via a final/balloon payment). Finance/operating leases don't necessarily transfer ownership.
Richard Turner
24 days agoSusan Bell
29 days agoAndrew Bell
2 months agoHeather Brown
2 months agoBrenda Evans
3 months agoDennis Sanchez
3 months agoLisa Rogers
4 months agoJason Wilson
4 months agoElizabeth Sanchez
4 months agoBrian Baker
4 months agoAmanda Allen
4 months agoAdam Williams
4 months agoTiffany Allen
3 months agoSantos
5 months agoHobert
5 months agoPercy
5 months agoRusty
6 months agoDannie
6 months agoMargot
6 months agoArminda
6 months agoWhitley
7 months agoTruman
7 months agoMyra
7 months agoCarin
7 months agoYvette
8 months agoMicah
8 months agoGretchen
8 months agoVirgie
8 months agoJulieta
9 months agoEileen
9 months agoLashawnda
9 months agoDexter
9 months agoEstrella
10 months agoRaina
10 months agoMona
10 months agoJohnson
10 months ago