Layer 1 Imagine you’re the project manager of a new grocery delivery service. You meet with the owners to discuss what outcomes they’d like to ultimately achieve with the project. Which project initiation component are you trying to determine? Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 You expect that a project will bring in $15,000 USD in revenue per year. You estimate it will cost $10,000 up front. You also estimate costs of $100 per month for the first 12 months, which equals $1,200 per year. Using the formula (G-C) ÷ C = ROI, how would you calculate the project’s return on investment (ROI) after the first 12 months? Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 You expect that a project will bring in $12,000 USD in revenue per year. You estimate it will cost $5,000 up front. You also estimate costs of $50 per month for the first 12 months, which equals $600 per year. Using the formula (G-C) ÷ C = ROI, how would you calculate the project’s return on investment (ROI) after the first 12 months? Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 What term refers to the budget, people, materials, and other items necessary to complete a project? Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 Fill in the blank: _____ are the first thing a project manager needs to consider during the initiation phase. Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 What are some questions a project manager can ask to determine a project’s costs? Select all that apply. Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 You expect that a project will bring in $25,000 USD in revenue per year. You estimate it will cost $12,000 up front. You also estimate costs of $200 per month for the first 12 months, which equals $2,400 per year. Using the formula (G-C) ÷ C = ROI, how would you calculate the project’s return on investment (ROI) after the first 12 months? Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 Imagine you’re the project manager of a new grocery delivery service. You meet with stakeholders to set an overarching framework of what is and is not included in the project statement of work and deliverables. Which project initiation component are you trying to determine? Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 Imagine that the main supplier for a construction project runs out of steel girders and needs to obtain more to complete the order. Which key component of project initiation does this scenario concern? Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 Why is it important to initiate a project? Select all that apply. Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 Fill in the blank: A _____ is a document that defines project goals and outlines what is needed to accomplish them. Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 What are the key components of project initiation? Layer 1 View Answers Layer 1 Ask Question Business Leadership and Management Questions
Layer 1 The question in column E asks, “Was your order accurate? Please respond yes or no.” The responses listed in column E are an example of Boolean data. Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 The data in column E shows the duration of deliveries from Garden to customers. What type of data is this? Select all that apply. Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 Our data analytics team often surveys clients to get their feedback. If you were on the team, how would you ensure the process does not cause potential bias? Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 Our data analytics team often uses both internal and external data. Describe the difference between the two. Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 What actions should you take when working with their data? Select all that apply. Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 Our data analytics team often surveys clients to get their feedback. If you were on the team, how would you ensure the sample is representative of the population as a whole? Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 He asks: How would you write a query that retrieves only data about people who joined our firm in 2019 from the Clients table in our database? Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 Our data analytics team often uses external data. Where can you access useful external data? Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 Our analysts often work within the same spreadsheet, but for different purposes. What tools would you use in such a situation? Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 He asks: How would you write a query that retrieves only data about people who work in Boise from the Clients table in our database? Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 Reviewing the data enables you to describe how you will use it to achieve your client’s goals. First, you notice that all of the data is first-party data. What does this mean? Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions
Layer 1 Fill in the blank: The data in column E is an example of _____ data. Select all that apply. Layer 1 View Answers Layer 1 Ask Question Data Analysis Data Science Questions