4.3.1 Strategy Flashcards

1
Q

Which of these is a suitable CSF for a project?

(1) The project is completed on time
(2) The benefits of the project are aligned with the overall company strategy
(3) Revenue targets will be recorded on a monthly basis
(4) The project has zero reportable incidents

A

(2)The benefits of the project are aligned with the overall company strategy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q
Which document is used to assess the project's ongoing alignment with strategic
objectives?
(1) Business case
(2) Project management plan
(3) Project schedule
(4) The organisation's mission statement
A

(1) Business casev

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Which statement about a Key Performance Indicators is true?
(1) KPI’s are only related to the project’s success criteria
(2) KPI’s are used to measure trends, which indicate whether the Critical Success Factors is
likely to be achieved
(3) KPI’s are only used on major projects
(4) KPI’s are used to judge the success of the project when it is handed over

A

(2) KPI’s are used to measure trends, which indicate whether the Critical Success Factors is
likely to be achieved

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Which of these is not a consideration when developing a Key Performance Indicator
(KPI)?
(1) The critical success factor to which it relates
(2) Whether it is clear and unambiguous
(3) The frequency at which it is measured
(4) The size of the project

A

(4) The size of the project

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What is most likely to cause the organisation’s strategy to change?

(1) Appointment of a new finance director
(2) Change of programme manager
(3) Change to the external environment which affects the organization
(4) Change to the project’s scope and schedule

A

(3) Change to the external environment which affects the organization

How well did you know this?
1
Not at all
2
3
4
5
Perfectly