1. Suppose you would be managing a project and the customer’s engineer visits your facility on an inspection as well as a general getting acquainted tour. During the tour, they would comment that the parts that would be being designed should be in stainless steel instead of plain steel with enamel. What should you do?<\/strong><\/p>\na. Authorizing the change in design to your engineers
\nb. Continuing with the current design
\nc. Speaking for visiting engineers as well as discuss having an informal meeting between your visiting and engineers the engineers
\nd. Asking the visiting engineers for submitting a change proposal to the change system<\/p>\n
2. Which of the following would be the example of a conflict of interest?<\/strong><\/p>\na. You would be the fourth cousin of a vendor supplying parts for a project in your company
\nb. You would be the owner of a company that has the responsibility to supplying parts to a project that you would be managing
\nc. You would have received a gift from a supplier of parts for your project
\nd. A supplier tells you sensitive information, in confidence, which would be allowing you for selecting another supplier for your project<\/p>\n
3. One of the members of your project team comes to you as well as saying that he would have heard that one of the suppliers to the project had given a substantial gift to one of the project team members in hopes that the team member would be favoring his company with an obtaining order. The company would be favored with a purchase order for the parts. What should you do?<\/strong><\/p>\na. Talking to the person as well as get him or her to give back the gift
\nb. Investigating the matter completely
\nc. Cancelling the purchase order with the supplier
\nd. Meeting with your manager as well as discuss the problem<\/p>\n
4. Decomposing the major deliverables into smaller, more manageable components for providing better control would be called:<\/strong><\/p>\na. Scope planning
\nb. Scope definition
\nc. Scope baselining
\nd. Scope verification<\/p>\n
5. Any numbering system that would be utilized for monitoring the project costs by categories like supplies, labor, or materials, for instance, would be called<\/strong><\/p>\na. Chart of accounts
\nb. Work breakdown structure
\nc. Universal accounting standard
\nd. Standard accounting practices<\/p>\n
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