9. Governance of project-based mgmt, itnl projects, teams and project

Question 1

What is Governance?

Answer 1

The structure through which objectives are set, and the means of attaining those objectives are determined.

Question 2

What are the two schools of governance?

Answer 2

• The sole responsibility is to maximise profits

- The board must govern the company on behalf of the stakeholders

Question 3

What are the 3 levels of governance of the project based management?

Answer 3

1. The level at which the board operates (Projects and Non-projects)
2. The level at which projects take place (PMO)
3. The level of the individual project (Project Managers)

Question 4

Whats an international project?

Answer 4

Projects involving two or more countries.

Question 5

Name 3 types of international projects

Answer 5

1. Projects in your own country for a foreign client
2. Project in your own country using foreign contractors
3. Multinational Joint Ventures

Question 6

Name 3 problems of international projects

Answer 6

• Culture difference
• Distance
• Local legislation and regulation

Question 7

Name the 3 Cooperation Incentives

Answer 7

1- Control mechanisms (rewards and reprimands)
2- Financial incentives
3- Shared values

Question 8

Name the four stages of group development (FSNPA)

Answer 8

1. Forming
2. Storming
3. Norming
4. Performing
5. Ajourning

Question 9

What is team building?

Answer 9

The process of taking a collection of individuals with different needs, backgrounds, and expertise and transforming them into an effective work unit.

Question 10

List 3 team roles

Answer 10

◼ Implementer
◼ Completer
◼ Specialist

Question 11

What is the cooperation problem?

Answer 11

different organisational members having conflicting goals

Question 12

Name 3 leadership styles appropriate for stages of group development

Answer 12

1 Directive styles (early stages of group development)
2 Directive and parcipitative styles (norming)
3 Low supervision (performing)