PMF05092014

Question 0

Project goal should be a ______ that is easy for everyone to understand

Answer 0

Simple statement

Question 1

A high level target that states the end result of the project

Answer 1

Project Goal

Question 2

Further defines the goal by flushing out specific details. Smaller, detailed goals

Answer 2

Objectives

Question 3

Types of objectives:

Strategies and tactics that supports business goals

E.g.
Increase traffic at our website
Reduce the return rates on orders

Answer 3

Business objectives

Question 4

Types of objectives:

All about money matters

E.g.

Increase sales by 10%
Cut cost by 5%
Deliver a 15% return on investment

Answer 4

Financial objectives

Question 5

Types of objectives:

Specify how good results must be

E.g.

Decrease returns by 20%
Increase customer satisfaction to 70%

Answer 5

Quality objectives

Question 6

Types of objectives:

E.g.

Use of equupment design for environment
Use of computers with downtime under 2%

Answer 6

Technical objectives

Question 7

Types of objectives:

E.g

Project finishes by release date
Use current company team members
Duplicate features from current system

Answer 7

Performance Objectives

Question 8

Documenting objectives: How to document objectives well

Objectives should be:

Answer 8

Specific, measurable, realistic, time-related ( set a clear target date)

Question 9

When writing a problem statement ____

Answer 9

Keep it short and simple

Easy to understand

Question 10

How to evaluate alternatives and select the right solution

Answer 10

Selecting a strategy

Question 11

Once you know the ____ for the project, you are likely to find more than one possible solution

Answer 11

Objectives

Question 12

When selecting a strategy, you must first____

Answer 12

Assemble a small group of people familiar with the project to brainstorm strategy

Question 13

Brainstorm group should read the following documents _____,______and ______ and begin generating possible strategies

Answer 13

Problem statement
Goal
Objectives

Question 14

This activity should be a free flow of ideas. The purpose of this activity is to get as many ideas as possible before you begin to criticize or evaluate the strategies

Answer 14

Brainstorming

Question 15

Strategy or Decision Matrix (see image)

Does the strategy meet the required ______?

Answer 15

Objectives

Question 16

Strategy or Decision Matrix (see image)

How likely is this strategy meet the other _____?

Answer 16

Objectives

Question 17

Strategy or Decision Matrix (see image)

Are the _____ of this strategy acceptable?

Answer 17

Risk

Question 18

Strategy or Decision Matrix (see image)

Does this strategy fit the ____ of the organization

Answer 18

Culture

Question 19

Recreate template (format) of Strategy/Decision Matrix

Answer 19

Check on paper

Question 20

The _____you choose has to satisfy most, if not all, of the project ____

Answer 20

Strategy

Objectives