Chapter 4 Project management

Question 1

before the project starts who must decide which of the 3 organizational structures will be used to tie the project to the parent firm

Answer 1

senior management

Question 2

what are the 3 organizational structures that will be used to tie the project to the parent firm

Answer 2

1. pure project
2. functional project
3. matrix project

Question 3

• a small project focused team is used.
• team members are assigned solely to the team fo the duration of the project
• self contained team works full time
• when innovation and speed are priorities

Answer 3

pure project

Question 4

team mebers are assigned from the functional units of the organization. the team members remain a part of their functional units and typically are not dedicated to the project

Answer 4

functional project

Question 5

a structure that blends the functional and pure project structure. each project uses people from different functional areas.

Answer 5

matrix project

Question 6

• who decides what tasks need to be performed and when ?
• who is in control of which people and technologies to use
  in matrix project ?

Answer 6

• project manager
• functional manager

Question 7

must decide whether a weak, balanced, or strong form of a matrix is to be used in the matrix project

Answer 7

senior management

Question 8

regardlesss of which of the 3 major organizational forms is used who is the primary contact point with the customer

Answer 8

project manager

Question 9

a series of related jobs usually directed toward some major output and requiring a significant period of time to perform

Answer 9

project

Question 10

planning, directing, and controlling resources (people, equipment, materials) to meet the technical (scope), cost of resources, and time schedule constraints of a project

Answer 10

project management

Question 11

3 goals project management is trying to meet

Answer 11

1. scope (objectives)
2. cost of resources
3. time schedule

Question 12

a specific event in a project

Answer 12

project milestone

Question 13

the hierarchy of project tasks, subtasks, and work packages

Answer 13

work breakdown structure (WBS)

Question 14

pieces of work within a project that consume time. the completion of all the activities of a project marks the end of the project

Answer 14

activities

Question 15

• understanding total cost and make vs buy
• selecting and managing suppliers who meet cost, quality, delivery, and other performance specifications

Answer 15

analytical and interpersonal skills

Question 16

• if everyone in the team talks roughly the same amount. odds are the team will succeed

Answer 16

conversational turn taking

Question 17

team members or leaders need to show that they are listening by repeating what they are saying or closing their computer as examples

Answer 17

ostentatious listening

Question 18

• the single greatest correlate with a groups success
• when you have both conversational turn taking and ostentatious listening
• when you have this it unlocks the teams best ideas, ability to work together, and innovative capacities

Answer 18

psychological safety

Question 19

the sequence of activites in a project that form the longest chain in terms of their time to complete. this path contains zero slack time. it is possible for there to be multiple critical paths in a project.

Answer 19

critical path

Question 20

activites that need to be completed immediately before another activity

Answer 20

immediate predecessor

Question 21

the time that an activity can be delayed without delaying the entire project; the difference between the late and early start time of an activity

Answer 21

slack time

Question 22

a project schedule that lists all activites by their early start times

Answer 22

early start schedule

Question 23

a project schedule taht lists all activites by their late start times. this schedule may create savings by postponing purchases of material and other costs associated with the project

Answer 23

late start schedule

Question 24

extension of the critical path models that considers the trade off between the time required to complete an activity and the cost. this is oftern referred to as “crashing” the project

Answer 24

time-cost models