1.1: (book) PJM

Question 1

What is the major goal of a project?

Answer 1

Satisfy customer’s need

Question 2

What are the 5 major characteristics of a project?

Answer 2

(1) established objective
(2) defined life span with a beginning & an end
(3) involvement of several department & professionals
(4) doing something that has never been done before
(5) specific time, cost, and performance requirements

Question 3

This singular purpose is often lacking in daily organizational life in which workers perform repetitive operations each day?

Answer 3

Defined objective/ established objective

Question 4

Projects have a defined endpoint that is contrary to the ongoing duties and responsibilities of traditional jobs. In many cases, individuals move from one project to the next as opposed to staying in one job.

Answer 4

Specific objectives/ defined life span with a beginning and an end

Question 5

Unlike much organizational work that is segmented according to functional specialty, projects typically require the combined efforts of a variety of specialists?

Answer 5

involvement of several departments & professionals

Question 6

A project is that it is nonroutine and has some unique elements. This is not an either/or issue but a matter of degree.

Answer 6

doing something that has never been done before

Question 7

These three also highlight one of the primary functions of project management, which is balancing the trade-offs that will ultimately satisfy the customer?

Answer 7

specific time, cost, and performance requirements

Question 8

These triple constraints impose a higher degree of accountability than you typically find in most jobs?

Answer 8

specific time, cost, and performance requirements

Question 9

What a project is not?

Answer 9

• not be confused with everyday work

- not routine, repetitive work

Question 10

It is a group of related projects designed to accomplish a common goal over an extended period of time?

Answer 10

program

Question 11

It recognizes that projects have a limited lifespan and that there are predictable changes in level of effort and focus over the life of the project?

Answer 11

Project life cycle

Question 12

Closing includes three activities, what are they?

Answer 12

(1) delivering the project product to the customer,
(2) redeploying project resources,
(3) post-project review.

Question 13

It is used by some project groups to depict the timing of major tasks over the life of the project?

Answer 13

Project life cycle

Question 14

They plan, schedule, motivate, and control?

Answer 14

Project manager

Question 15

They manage temporary, non-repetitive activities, to complete a fixed life project?

Answer 15

Project manager

Question 16

They create a project team and organization where none existed before?

Answer 16

Project Manager

Question 17

What does the project manager do?

Answer 17

• must decide what and how things should be done instead of simply managing set processes.
• meet the challenges of each phase of the project life cycle, and even oversee the dissolution of their operation when the project is completed.

Question 18

What does a project team do?

Answer 18

• must learn how to juggle their day-to-day commitments with additional project responsibilities.
• They work with others to create a project schedule and budget that will guide project execution.
• They need to understand project priorities so they can make independent decisions.
• They must know how to monitor and report project progress.

Question 19

It is no longer a special-need management?

Answer 19

Project management

Question 20

An increasing percentage of the typical firm’s effort is being devoted to projects. The future promises an increase in the importance and the role of projects in contributing to the strategic direction of organizations. Several reasons why this is the case are briefly discussed below?

Answer 20

(1) Compression of the Product Life Cycle
(2) Knowledge Explosion
(3) Triple Bottom Line (Planet, People, Profit)
(4) Increased Customer Focus
(5) Small Projects Represent Big Problems

Question 21

One of the most significant driving forces behind the demand for project management is the shortening of the product life cycle.

Answer 21

Compression of the Product Life Cycle

Question 22

The growth in new knowledge has increased the complexity of projects because projects encompass the latest advances?

Answer 22

Knowledge Explosion

Question 23

The threat of global warming has brought sustainable business practices to the forefront. Businesses can no longer simply focus on maximizing profit to the detriment of the environment and society?

Answer 23

Triple Bottom Line (Planet, People, Profit)

Question 24

Increased competition has placed a premium on customer satisfaction. Customers no longer simply settle for generic products and services.

Answer 24

Increased Customer Focus

Question 25

The velocity of change required to remain competitive or simply keep up has created an organizational climate in which hundreds of projects are implemented concurrently. This climate has created a multi-project environment and a plethora of new problems.

Answer 25

Small Projects Represent Big Problems

Question 26

It is designed to improve project management in the whole organization over the long haul?

Answer 26

Governance

Question 27

The rationale for integration of project management was to provide senior management with?

Answer 27

(a) An overview of all project management activities;
(b) A big picture of how organizational resources are being used;
(c) An assessment of the risk their portfolio of projects represents;
(d) A rough metric for measuring the improvement of managing projects relative to others in the industry;
(e) Linkages of senior management with actual project execution management.

Question 28

What is Integrated Management of Projects?

Answer 28

Organizational Culture Environment : Strategic Alignment, Portfolio Management, and Project Management

Question 29

It enables management to have greater flexibility and better control of all project management activities?

Answer 29

governance

Question 30

What does project management integration mean?

Answer 30

It necessitates combining all of the major dimensions of project management under one umbrella. Each dimension is connected in one seamless, integrated domain.

Question 31

It means applying a set of knowledge, skills, tools, and techniques to a collection of projects in order to move the organization toward its strategic goals?

Answer 31

governance

Question 32

It is of major importance to conserving and effective use of organization resources.

Answer 32

strategic alignment of projects

Question 33

It is often involved in selecting projects but seldom involved in implementing them?

Answer 33

Senior Management

Question 34

Managing a project is a?

Answer 34

Multidimensional process

Question 35

This dimension includes planning, scheduling, and controlling projects?

Answer 35

Technical dimension

Question 36

This dimension involves the much messier, often contradictory and paradoxical world of implementation?

Answer 36

Sociocultural side

Question 37

It centers on creating a temporary social system within a larger organizational environment that combines the talents of a divergent set of professionals working to complete the project?

Answer 37

Sociocultural side

Question 38

This also involves managing the interface between the project and external environment?

Answer 38

Sociocultural side

Question 39

Effective project management begins with ____ and ____ projects? that support the firm’s ____ and ____?

Answer 39

• Selecting & prioritizing

- mission & strategy

Question 40

Successful implementation requires both ____ and ___?

Answer 40

Technical and social skills

Question 41

They have to plan and budget projects as well as orchestrate the contributions of others?

Answer 41

Project managers