Progress Test Practice Areas Flashcards
What are the disadvantages of a matrix structure?
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
What happens in the post completion audit?
Assessing costs against plan, examining team and relationships, examining risk management
If there is high cooperativeness and assertiveness what is it?
Collaborating
If there is high cooperativeness and low assertiveness what is it?
Accomodating
What is the middle ground on cooperativeness and assertiveness?
Compromising
If there is high assertiveness and low cooperativeness what is it?
Competing
If there is low assertiveness and cooperativeness what is it?
Avoiding
What is a shaper in Belbin’s team roles?
Committed to task, aggressive and challenging, anxious and dominant extrovert
What is a company worker in Belbin’s team roles?
Turns ideas into specifics, Practical and efficient
What are the nine project management knowledge areas (PMBOK)?
Integration
Scope
Time
Cost
Quality
Human Resource
Communication
Risk
Procurement
What is the five steps in the project life cycle?
Initiating, Planning, Executing, Controlling, Closing
What are intrinsic rewards?
Arise from the performance of the job.
e.g. being interested in job, allowed to make decisions, satisfaction in work
What are extrinsic rewards?
Dependant on decision of others
e.g. Working conditions, Pay, Pension, Medical Insurance
What are the PRINCE2 process areas?
Starting a project
Initiation
Managing stage boundaries
Controlling a stage
Managing product delivery
Project closure
What is the aim of negotiation?
Implement agreement between two parties
What is the difference between EET and LET?
Event lies on path with slack or float
What is a method of dealing project uncertainty?
Contingency Planning
What are the three components of interactions?
Rules
Course
Connections
What does the lions pride archetype ten to demonstrate?
High barriers to entry and formality of interactions which are well regulated
When will indirect value capture happen within an ecosystem?
Indirect value capture will happen within ecosystems with stronger forms of orchestration
What is sharing value based on?
Principle of creating shared value, which compromises shareholder value and value derived to other stakeholder
What are the four steps to defining value?
- Identify stakeholders
- Rank stakeholders
- Find out the needs of high priority stakeholders
- Formulate value proposition
What are the questions we ask on the balance scorecard for financial, customer, process and learning?
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?
What are the three myths of digital transformation?
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
What trends have emerged in respect to building a digital workforce to allow organisations to take advantage of new technology?
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
What are the four key areas that leaders should focus on to create a digital culture?
Communication
Journey Management
Make changes visible
Continuous change monitoring
What culture does open and liquid have?
Sharing
