PrepAway - Latest Free Exam Questions & Answers

Which 2 statements apply to the Budgets section?

Product Summary
A list of customers will be collated. This will use existing information from the Accounts department
about current customers, and existing information from the Marketing department about
prospective customers.
Using the tariff of mailing costs available from the Post Office, a production cost forecast will be
produced to allow the CEO and the Marketing Director to decide whether to continue with the
project. If they decide to continue, they will give the approval to launch the internal label design
competition. Competition rules will be required to communicate details of the competition to the
staff. The chosen label design will then be selected from the competition entries.
The photos for the calendar must be based on existing photo design ideas available from the
Marketing department. The selected photos will be chosen from these. Monthly calendar displays
will be created to show the required layout of each page.
Product Breakdown Structure (contains errors)

Extract from Stage Plan for stage 3.
(All entries are true statements but may not be shown under the correct heading or in the correct
document).

Using the Project Scenario and the Extract from Stage Plan for stage 3 provided as additional
intonation for this question in the Scenario Booklet, answer the following 5 questions.
The Stage Plan for stage 3 has been produced.
The Engineering Manager insists that there are to be no interruptions to operations whilst
photographs are being taken of the engineering staff performing their everyday duties and
operating machinery. Two weeks ago the professional photographer produced the photo session
schedule based on the operational staff schedule. The operational staff schedule is produced
weekly and maintained by the Engineering Manager.
None of the £500 change budget has been used to date and this is available for the stage.
Which 2 statements apply to the Budgets section?

PrepAway - Latest Free Exam Questions & Answers

A.
Amend entry 15 because it should also include the cost of management activities.

B.
Delete entry 16 because timescales should NOT be shown under the heading of budgets.

C.
Delete entry 17 because the risk budget should be shown in the Risk Management Strategy.

D.
Add ‘Change budget – £500’.

E.
Add ‘Cost tolerance – +£6k 1-£6k


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