Services associated with project are primarily dependent

Assignment Help Operation Management
Reference no: EM132307829

1. How can we obtain the cost of goods sold information that we need to calculate inventory turns and weeks of supply of an operation?

A. Average the cost of goods sold numbers from four, quarterly balance sheets

B. Read off the cost of goods sold number from end-of-the-year balance sheet

C. Average the cost of goods sold numbers from four, quarterly income statements

D. Read off the cost of goods sold number from end-of-the-year income statement

2. In terms of scope management, successful delivery of end products and services associated with a project are primarily dependent on:

A. The effectiveness of the project plan

B. Capability of the project manager

C. Accurately capturing and understanding stakeholder requirements

D. All of the above

3. A project scope statement should include the following elements except :

A. Project milestones

B. Description of expected high level risks

C. Limits and exclusions

D. A description of technical requirements

4. An activity or technique that can be used by a project manager in defining a project scope statement is ?

A. An expert outside the organisation

B. Conduct a workshop

C. Obtain support from an experienced member of the project staff

D. All the resources mentioned in A, B and C

5. The process that cannot be included under project scope management is:

A. Collecting and defining stakeholder needs

B. Developing a work breakdown structure

C. Obtaining formal acceptance from the key stakeholders on the tasks to be completed

D. Develop the project management plan

6. Project management information systems (PMIS) can be used for:

A. Evaluating project progress

B. Making important decisions related to change requests

C. Developing a work breakdown structure

D. All of the above tasks

7. The project stakeholder who is responsible for protecting the project from external, unforeseen threats and ensures that the project is progressing well is:

A. The project manager

B. The main contractor

C. The external project consultant

D. The project sponsor

8. The specific document that provides the formal authorization to initiate a project is known as: 

A. Project scope statement

B. The project charter

C. The contract awarding document

D. The business case

Reference no: EM132307829

Questions Cloud

Local communities with regular-truthful financial reporting : Does my company honour all its fiduciary obligations to providers of capital and to local communities with regular and truthful financial reporting?
Write argumentative academic essay on organisational culture : MGTP102 Management Principles Assessment - Essay Writing, Kent Institute Australia. A strong organisational culture is essential for organisational performance
Use supply chain management to manage consumable products : How do hospitals use supply chain management to manage consumable products, equipment, and labor?
Was the decision to move to the new system valid : What is the current state of the company (with its new system), as of the time of this case?
Services associated with project are primarily dependent : In terms of scope management, successful delivery of end products and services associated with a project are primarily dependent on.
Corporate social responsibility issues : Identify and apply theories and models in accounting to a current topical issue related to a corporation of your choice from a list of corporations provided
Create a plan for how it and the business can work : How effective is the partnership between IT and the business at Hefty Hardware? Identify the shortcomings of both IT and the business.
How do our personal risk profiles affect us and society : How do our personal risk profiles affect us and society? How does a personal and/or business risk profile benefit or harm society?
Most common instruments used in child abuse : What are the two most common instruments used in child abuse?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd