MNB2601 - ASSESSMENT 1 - QUESTIONS AND ANSWERS - SEMESTER 2 - 2024

2024 – S1 – MNB2601 – ASSESSMENT 1 – Q&A 1 Assessment 1 Started on Tuesday, 2 April 2024, State Finished Completed on Tuesday, 2 April 2024, Time taken 8 mins 25 secs Marks 24.00/30.00 Grade 80.00 out of 100.00 Question 1 During the initiation phase, what is the focus of identifying and testing initiatives? a. Evaluating project feasibility b. Allocating resources to projects c. Approving project budgets d. Monitoring project risks Question 2 What is meant by "business constraints" in the context of the charter? Constraints ____. a. imposed by external parties b. related to project scope c. primarily related to schedule and cost d. related to stakeholder management 2024 – S1 – MNB2601 – ASSESSMENT 1 – Q&A 2 Question 3 Which document provides a comprehensive description of packaged work in the business scope? a. Business charter b. High-level work breakdown structure (WBS) c. Work breakdown structure dictionary d. Business statement of work X Question 4 What phase of a business case would be an appropriate time for a PESTEL analysis? a. market research b. business issues and problems c. organisational impact d. business recommendation Feedback Your answer is correct. Question 5 Which of the following is NOT a potential source of business initiatives during the initiation phase? a. 2024 – S1 – MNB2601 – ASSESSMENT 1 – Q&A 3 Annual business plan b. Business quality assessments c. Identifying opportunities in the market d. Monitoring project performance Question 6 What serves as the foundation for building a sound business case in the feasibility study process? a. Product descriptions b. Customer demographics c. Findings, conclusions and recommendations d. Marketing strategies Question 7 According to Porter's value chain, which one of the following does not form part of the support activities? a. Operations b. Organisational infrastructure c. Human resource management d.