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NEW QUESTION: 1
What may be an economic benefit of Cloud computing?
A. a custom accounting system
B. acceptance by employees
C. purchasing thin clients
D. reduced overhead
Answer: D

NEW QUESTION: 2
What options are available if you need to involve suppliers in a customer's contracting process? Note:
There are 2 correct answers to this question
A. Add a supplier contact as an e-mail reviewer for Negotiation task
B. Create an external user account and assign it to the Team tab of a contract workspace (Missed)
C. Initiate the contract from a sourcing event awarded to the supplier (Missed)
D. Invite the supplier to a survey to collect their feedback on the draft agreement
Answer: B,C

NEW QUESTION: 3
You work as a project manager for HRM Inc. You have to achieve authorization for a project and define its objectives. In which of the following stages of a project are you working?
A. Closing
B. Initiation
C. Planning
D. Execution
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Answer option B is correct.
You are working in the initiation stage when obtaining authorization for a project and defining its objectives.
Initiating is a process group or stage that occurs at the beginning of the project. It determines the nature and scope of the development. If this stage is not performed well, it is unlikely that the project will be successful in meeting the business needs. The initiating stage should include a cohesive plan that encompasses the following areas:
Study analyzing the business needs in measurable goals

Review of the current operations

Conceptual design of the operation of the final product

Equipment and contracting requirements including an assessment of 'long-lead' items

Financial analysis of the costs and benefits including a budget

Stakeholder analysis, including users, and support personnel for the project

Project charter including costs, tasks, deliverables, and schedule

The key project controls needed here are an understanding of the business environment and ensuring that all necessary controls are incorporated into the project. Any deficiencies should be reported and a recommendation should be made to fix them. Answer option C is incorrect. Planning entails verifying how the recently initiated project will be carried out. It consists of refining the information built during initiation and analyzing the required resources.
Answer option D is incorrect. Execution entails steps to carry out and finish the project according to the measures drawn through the planning stage.
Answer option A is incorrect. Closing concludes a project and closes it. It often consists of satisfying the terms of any outstanding contracts.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Project Charter and Scope Management Objective: Initiating Projects

NEW QUESTION: 4
An organization has a policy of charging the same depreciation amount for the fixed asset in each depreciation period. You need to configure depreciation according to this policy. Which depreciation method should you use?
A. Consumption
B. Straight line service life
C. Reducing balance
D. Factor
Answer: B

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