Lesson 71. Manage by exception

Question 1

Is management by exception about delegating authority?

Answer 1

Yes, each level delegating authority to the level below.

Management by exception allows managers to focus on significant deviations from plans.

Question 2

Who defines the overall project tolerance?

Answer 2

The business layer provides overall project tolerance, and the project board provides stage tolerance.

Tolerance is important for managing project risks and expectations.

Question 3

What is tolerance?

Answer 3

Tolerance is the allowable deviation above and below a specific target.

Tolerance helps in assessing performance and making informed decisions.

Question 4

Who sets the tolerances for the team layer (work packages)?

Answer 4

Project manager.

The project manager ensures that the team operates within the defined tolerances.

Question 5

Which role has overall responsibility for the project: project executive or project manager?

Answer 5

Project executive.

The project executive is accountable for the project’s success and strategic alignment.