PFM05082014 Flashcards

0
Q

Initiating a project enable management to make an ____

A

Informed decision

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1
Q

The purpose of _____is to obtain commitment to start a project

A

Initiating a project

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2
Q

During the initiating process, you ______that you are supposed to solve and _______ to define the project

A
  • identify the problem

- gather more information

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3
Q

Every problem has a specific goal. The goal of the project is to_____and ______

A
  • solve a problem

- take advantage of an opportunity

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4
Q

Clearly defines problems you are attempting to solve or opportunity you want to take advantage of

A

Problem statement

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5
Q

You must accurately describe the underlying problem or opportunity when making a ____

A

Problem statement

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6
Q

If you spelled out what the _____is in one sentence, all the better

A

Problem statement

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7
Q

Examples of a problem statement :

  • 300 employess
  • need100 more
    The problem is____
A

We do not have enough space for all employees

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8
Q

Examples of a problem statement :

  • poor product awareness
  • sales are declining

Problem statement is____

A

We are losing sales to competition

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9
Q

______describe the end result and not the beginning motivation

E.g. We need a new building
We need to increase sales

A

Solution

Ask WHY
E.G. why do we need a bulding
Why do we need to increase sales

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10
Q

Ask why more than once and ____

A

Probe for more details

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