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NEW QUESTION: 1

Answer:
Explanation:
A

NEW QUESTION: 2
An organization would like to bid on a project, but they don't have enough employees available to complete the work. The organization approaches a competitor with the opportunity to partner on the project to win the work. What type of risk response is used in this instance?
A. Sharing
B. Enhancing
C. Transference
D. Mitigation
Answer: A
Explanation:
Reference: PHR Exam prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter 8:
Risk Management. Official PHR and SPHR Certification Guide, HR Certification Institute,
ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.
Chapter: Risk Management
Objective: Risk Management

NEW QUESTION: 3
Your client informs that his company has a problem with the current design specs of your product and how it will interface with the existing systems. If this occurs, it could be a major problem for your project. The client is coming to your office in one week to discuss the problem and to see what your team can do to overcome this setback. All previous meetings were informal with this client, but now he wants a formal meeting. What should you do to prepare for this meeting?
A. Make sure that each team member has his assignment in preparation for any handouts and needed plans
B. Make sure that the team has increased productivity so the client can see how efficient your team is performing
C. Update the schedules and assume an active role since the client has not given you the specifics of the potential problem
D. Assemble the team and ask them to prepare an agenda for topics to discuss
Answer: C
Explanation:
`B' is not correct, as no mention about productivity has come about. `C' is not right because the client has requested the meeting and should have his/her own agenda of topics to discuss. If this were a regular status review meeting, the PM would prepare the agenda. `D' is a waste of time when you don't know the true agenda. `A' is the correct response given that the client has not described the true problem. If this is a design issue that the client had originally signed off, what could be needed might be an appropriate Change Request. There is also the chance that the client has misunderstood the issue and there is no real problem. All the PM can do is assume an active role and be prepared to resolve the stakeholder's issues.

NEW QUESTION: 4

A. Option B
B. Option D
C. Option A
D. Option C
Answer: B,C

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