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CIMA E2 > Progress Test Practice Areas > Flashcards

Progress Test Practice Areas Flashcards

1
Q

What are the disadvantages of a matrix structure?

A

Managers always in meetings
Employees confused by reporting to two managers
Difficult for specialists to appraise performance of another from other discipling
Project managers reluctant to impose authority
Managers will need to be able to resolve interpersonal frictions
Lack of clear responsibility

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2
Q

What happens in the post completion audit?

A

Assessing costs against plan, examining team and relationships, examining risk management

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3
Q

If there is high cooperativeness and assertiveness what is it?

A

Collaborating

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4
Q

If there is high cooperativeness and low assertiveness what is it?

A

Accomodating

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5
Q

What is the middle ground on cooperativeness and assertiveness?

A

Compromising

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6
Q

If there is high assertiveness and low cooperativeness what is it?

A

Competing

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7
Q

If there is low assertiveness and cooperativeness what is it?

A

Avoiding

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8
Q

What is a shaper in Belbin’s team roles?

A

Committed to task, aggressive and challenging, anxious and dominant extrovert

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9
Q

What is a company worker in Belbin’s team roles?

A

Turns ideas into specifics, Practical and efficient

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10
Q

What are the nine project management knowledge areas (PMBOK)?

A

Integration
Scope
Time
Cost
Quality
Human Resource
Communication
Risk
Procurement

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11
Q

What is the five steps in the project life cycle?

A

Initiating, Planning, Executing, Controlling, Closing

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12
Q

What are intrinsic rewards?

A

Arise from the performance of the job.
e.g. being interested in job, allowed to make decisions, satisfaction in work

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13
Q

What are extrinsic rewards?

A

Dependant on decision of others
e.g. Working conditions, Pay, Pension, Medical Insurance

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14
Q

What are the PRINCE2 process areas?

A

Starting a project
Initiation
Managing stage boundaries
Controlling a stage
Managing product delivery
Project closure

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15
Q

What is the aim of negotiation?

A

Implement agreement between two parties

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16
Q

What is the difference between EET and LET?

A

Event lies on path with slack or float

17
Q

What is a method of dealing project uncertainty?

A

Contingency Planning

18
Q

What are the three components of interactions?

A

Rules
Course
Connections

19
Q

What does the lions pride archetype ten to demonstrate?

A

High barriers to entry and formality of interactions which are well regulated

20
Q

When will indirect value capture happen within an ecosystem?

A

Indirect value capture will happen within ecosystems with stronger forms of orchestration

21
Q

What is sharing value based on?

A

Principle of creating shared value, which compromises shareholder value and value derived to other stakeholder

22
Q

What are the four steps to defining value?

A
  1. Identify stakeholders
  2. Rank stakeholders
  3. Find out the needs of high priority stakeholders
  4. Formulate value proposition
23
Q

What are the questions we ask on the balance scorecard for financial, customer, process and learning?

A

Finance: How we look to shareholders?
Customer: How must we look to our customers?
Process: Which processes must we excel?
Learning and growth: How do we align our assets to improve processes?

24
Q

What are the three myths of digital transformation?

A

Organisations not digital have missed their chance
Becoming digital is an admin exercise that focuses on achieving operational efficiencies
Digital transformation can be successful by creating a digital unit headed by the chief digital officer

25
Q

What trends have emerged in respect to building a digital workforce to allow organisations to take advantage of new technology?

A

Competition for digital talent is increasing which is causing a global shortage
More transparency about global opportunities allowing potential staff to be more informed about opportunities

26
Q

What are the four key areas that leaders should focus on to create a digital culture?

A

Communication
Journey Management
Make changes visible
Continuous change monitoring

27
Q

What culture does open and liquid have?

A

Sharing

CIMA E2 (16 decks)

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