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NEW QUESTION: 1
As part of the first step in its strategic planning process, the Trout health plan developed the following statements:
- Statement A-Trout will deliver quality healthcare to our customers at a reasonable cost. - Statement B-Within five years, Trout will be recognized as the industry leader in all of our markets.
Statement A can best be described as a
A. Mission statement, whereas Statement B can best be described as a vision statement
B. Vision statement, and Statement B also can best be described as a vision statement
C. Mission statement, and Statement B also can best be described as a mission statement
D. Vision statement, whereas Statement B can best be described as a mission statement
Answer: A
NEW QUESTION: 2
Which of the following BEST indicates a successful risk management practice?
A. Overall risk is quantified
B. Control risk is tied to business units
C. Residual risk is minimized
D. Inherent risk is eliminated
Answer: C
Explanation:
A successful risk management practice minimizes the residual risk to the organization. Choice A is incorrect because the fact that overall risk has been quantified does not necessarily indicate the existence of a successful risk management practice. Choice B is incorrect since it is virtually impossible to eliminate inherent risk. Choice D is incorrect because, although the tying of control risks to business may improve accountability, this is not as desirable as minimizing residual risk.
NEW QUESTION: 3
If a project sponsor wants to know the current status and progress of a project, which of the following is the BEST approach to find this information?
A. The scheduler should obtain the current status from team members, update the risk register, and provide the information to the project champion for review.
B. The scheduler should obtain the current status from team members, update the project charter, project management plan, dashboard, and SOW, and then create a status report to provide to the project manager.
C. The project sponsor should obtain the current status from team members, put it into a presentation, and present it to the project manager for review.
D. The scheduler should obtain the current status from team members, apply it to the baseline of the schedule, and run a report.
Answer: D