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Foundations of Project Management week 3- Expected questions with Answers 1. What are the phases of the project life cycle? Answer > Initiate the project, make a plan, execute and complete tasks, close the project   2 . As a project manager, your team is creating a product that will require flexibility—changes are likely to occur. Also, tasks will overlap or happen at the same time as other tasks. Which project management methodology is the best for your project? Answer > Iterative methodology   3. Which project management methodology is organized in sequential phases (including initiating, planning, executing, and closing)? Answer > Waterfall methodology   4. What is the main advantage of the Agile approach over the Waterfall methodology? Answer > Agile takes a flexible approach, letting teams make adjustments as they go.   5. The Lean Six Sigma approach includes which of the following phases? Answer > Define, measure, analy...

Foundations of Project Management week 1- Expected  questions with Answers   A Series of expected questions Question 1 1. As someone seeking a project management role, you occasionally meet people in a professional setting to share knowledge and create new business connections. This is an example of what strategy to get a job? Answer > Attend local or online networking events Question 2 2. Which of the following best describes why there is increasing demand for project management roles in today’s job market? Answer > Project management roles are designed to adapt to changes and handle new processes as they come up. 3. A/An _____ allows you to work for a company on a project-by-project basis but not as a full-time employee. Answer > C ontract 4. Throughout a project, project managers have to keep project expenses within an expected range. What is this project management responsibility called? Answer > Budgeting and controlling costs 5. Fill in the blank: A projec...

Gold Investment- An Overview 1. Physical Gold It is simply making a direct investment in physical gold. There's no  need for a demat account  to invest in Gold.There's no investment charge  involved but if the gold is bought as jewelry or bullion,  the buyer has to bear the making charges. The buyer has to borne the risk of theft/burglary associated with carrying around or storing the physical gold. Best suited to the investors with conventional tastes  in investments. 2. Gold ETF’s It is somewhat similar to making a direct investment in gold, but here the investor buys a                  proportionate ownership in the collective vault instead of buying the physical gold. The investor needs to have a demat account Change in the price of gold  directly affect the prices of Gold ETFs The investment in Gold involves the asset management and brokerage charges , so the returns are lesser th...

Afghanistan: Bank of Afghanistan Albania: Bank of Albania Algeria: Bank of Algeria Argentina: Central Bank of Argentina Armenia: Central Bank of Armenia Aruba: Central Bank of Aruba Australia: Reserve Bank of Australia Austria: Austrian National Bank Azerbaijan: Central Bank of Azerbaijan Republic Bahamas: Central Bank of The Bahamas Bahrain: Central Bank of Bahrain Bangladesh: Bangladesh Bank Barbados: Central Bank of Barbados Belarus: National Bank of the Republic of Belarus Belgium: National Bank of Belgium Belize: Central Bank of Belize Benin: Central Bank of West African States (BCEAO) Bermuda: Bermuda Monetary Authority Bhutan: Royal Monetary Authority of Bhutan Bolivia: Central Bank of Bolivia Bosnia: Central Bank of Bosnia and Herzegovina Botswana: Bank of Botswana Brazil: Central Bank of Brazil Bulgaria: Bulgarian National Bank Burkina Faso:...