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Exam Code: PPM-001
Exam Name: Professional in Project Management (PPM)
Vendor: GAQM

60 Questions & Answers
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NEW QUESTION: 1

A. ICV
B. MKA
Answer: B

NEW QUESTION: 2
The author's overall concern is with describing the process researchers are following to identify the genes
responsible for preventing cell death and with the direction (and goals) of current research based on their
findings. Of the five choices, choice B. best expresses the gist of the discussion. enterprise was prepared
for privatization and which form was most suitable for it. Slow privatization, some claim, is the only way to
establish true private ownership, because only those who must pay for enterprise-ownership rights will be
engaged in its management. But this method would only prolong the core problems of inefficiency and
misallocation of labor and capital, and hence either of two approaches to rapid privatization is preferable.
Under one such approach, shares of an enterprise would be distributed among its employees, who would
become its owners. This socialist reform method is deeply flawed; it discriminates in favor of workers who
happen to be employed by modern, efficient enterprises, and it jeopardizes workers' property by requiring
them to invest in the same enterprise in which they are employed, rather than diversifying their
investments. The better approach involves distribution of enterprise shares, free of charge, among all the
people by means of vouchers-a kind of investment money. Some critics charge that voucher holders
would not be interested in how their enterprises are managed-as may be true of small corporate
shareholders in capitalist countries who pay little attention to their investments until the corporation's
profits wane, at which time they rush to sell their securities. But while the resulting fall in stock prices can
be perilous for the corporation, this very pressure is what drives private firms toward efficiency and
profitability. Other detractors predict that most people will sell their vouchers to foreign capitalists.
However, these skeptics ignore the capacity of individuals to compare the future flow of income secured
by a voucher to the benefits of immediate consumption. Moreover, even if an individual should decide to
sell, the aim of voucher privatization is to secure equality not of property but of opportunity.
Which of the following would the author probably agree is the LEAST desirable outcome of economic
reform in formerly Communist countries?
A. Equitable distribution of property among citizens
B. Equal opportunity for financial success among citizens
C. Financial security of private enterprises
D. Effective allocation of labor
E. Financial security of citizens
Answer: C
Explanation:
The author's willingness to place a private enterprise at risk for the broader purpose of achieving a free
market system is suggested by at least two areas of discussion in the passage. In the first paragraph, the
author tacitly disagrees with the gradualists who favor bracing enterprises for the shock of deregulation to
help them survive the transition. In the final paragraph, while advocating voucher privatization, the author
admits that this approach may very well result in the instability of stock prices; yet the author seems to
view the insecurity caused by market pressures as good for private enterprises in that it will drive them to
efficiency-a sort of sink-or-swim approach.

NEW QUESTION: 3
Select the items that should be part of the project status report? (Choose three.)
A. Review of detailed project plan
B. Key achievements since the last report.
C. Challenges or risks that might impact the project
D. Product demonstrations
E. Key decisions made that affect the project
F. Change control requests
Answer: B,C,E
Explanation:
(http://www.projectsmart.co.uk/how-to-report-status-on-a-project.php)


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