QUESTION: 125

You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You have been invited to dinner with the prospective foreign business partners and their spouses upon your arrival.
You know that all of the following statements are generally true except for which one?

You should respect the cultural differences you'll encounter when working with your prospective foreign business partners.
You should build an atmosphere of mutual trust and cooperation.
You should spend time building relationships with your prospective foreign business partners before getting down to business.
You should explain your company's rules, standards, and operating policies at your first meeting with the prospective foreign business partners.

Answer(s): D

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QUESTION: 126

Reserve Analysis a technique not used in:

Estimate Costs
Estimating Activity Duration
Control Costs
Determine Budget

Answer(s): C

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QUESTION: 127

A Project with a total funding of $70,000 finished with a BAC value of $60,000.
What term can best describe the difference of $10,000?

Management Contingency Reserve
Cost Variance
Schedule Variance
Management Overhead

Answer(s): A

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QUESTION: 128

The positive value of conflict is underestimated. Properly managed, conflict is a valuable tool, particularly when __________.

A diversion is needed
Conflict may cause a loss of status or position power
Conflictive situations are in their early stages and emotional involvement is low
Conflictive situations are in their late stages and emotional involvement is high

Answer(s): C

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QUESTION: 128