Related Areas of Project Management

Question 1

3 types of management

Answer 1

project, programme and portfolio management

Question 2

PMO (in other words project headquarters)

Answer 2

PM office

Question 3

the opposite of projects in an organisation

Answer 3

operations

Question 4

OPM is related to … …

Answer 4

business strategy

Question 5

Program Management

1. … … projects managed in orchestration to achieve …
2. … and …. managers were together to orchestrate components

Answer 5

1. Multiple related, benefits (that would not be possible if projects were managed independently)
2. Program and project

Question 6

portfolio = a book of all the … an organisation can make in projects, programs, sometimes operations

Answer 6

investments

Question 7

portfolio managements describes all of the things that an organisation is invested in. Considerations:

1. Scope (what exactly will be delivered for the organisation, … …)
2. Change
3. …
4. …
5. … factors
6. Monitoring

Answer 7

1. business value
2. change
3. Planning
4. Management
5. Success

Question 8

Portfolios are about maximising … on …

Answer 8

return on investment

Question 9

PMO

1. … project managers
2. Manage … … across the PMO
3. Coaching, mentoring and training to have a … approach to project management
4. … project audits
5. Developing and managing processes and procedures
6. … communications across projects

Answer 9

1. Supports
2. shared resources
3. unified
4. Conducting
5. Facilitating

Question 10

Project management office types:

1. … - consultative role, templates, training
2. … - compliance through a framework, specific forms and templates, …
3. … - directly manages the project as the PMO owns and controls the project lifecycle

Answer 10

1. Supportive
2. Controlling, governance
3. Directive

Question 11

Projects and Operations

1. Both involve employees
2. Both typically have … … : people, money or both
3. Both are d…, e… and m…

Answer 11

2. limited resources

3. designed, executed and managed

Question 12

Projects and Operations

1. Projects are …
   a. … new products/services
   b. MACD
   c. … new service/solution
2. Operations are …
   a. … actions
   b. maintenance
   c. … business functions

Answer 12

1. temporary
   a. developing
   b. moving, adding, changing or deleting
   c. implementing
2. ongoing
   a. repetitive
   c. core

Question 13

OPM =

1. to coordinate, manage and control projects, programs and portfolio management in a …, … effort
2. to … deliver better

Answer 13

Organisational project management

1. uniform, consistent
2. consistently

Question 14

OPM facts:
1. S...: Goals and tactics
How does the project help deliver business value?
2. Portfolio: V... decisions
What should we invest in?
3. Programs/Projects: ... Delivery
... approach brings business value
4. ...: business value realisation

Answer 14

1. Strategy
2. Value
3. Results
   Uniform
4. Operations

Question 15

Projects and strategic planning within levels (triangle):
1. ... - Why? Vision, mission, goals.
2. ... ... - What? Strategy, tactics
3. ... - How? LOB, core functions.
Projects span across all 3.

Answer 15

1. Executives
2. Functional management
3. Operations
   LOB = line of business

Question 16

Project based organisations

• their … is generated by doing projects for others
• they need a very … approach that measures profitability and business value

Answer 16

income

uniform

Question 17

Project management and organisational … (the rules/framework/structure of how we operate; our projects have to be … with it)

Answer 17

governance

meshed

Question 18

Projects and organisational strategy have to be … … with each other so that we don’t … projects that do not support our strategy

Answer 18

in sync

launch

Question 19

Project environment describes where the project work takes place.

1) … location
2) … that influence the project

Answer 19

1) physical

2) factors

Question 20

Physical environmental elements:

1. … of the project work
2. Working …
3. W…
4. C…
5. E… enterprise environmental factors - things that restrict what you’re allowed to do

Answer 20

1. Location
2. conditions (ex. rules in a data centre)
3. Weather
4. Constraints (ex. no network updates during week days)
5. External

Question 21

Social and cultural influences

1. … climate
2. Codes of …
3. Ethics
4. P…
5. Values
6. E… enterprise environmental factors - things that restrict what you’re allowed to do

Answer 21

1. Political
2. conduct
3. Perceptions
4. External

Question 22

Organisational culture and structure

1. V…
2. M…
3. Values and beliefs
4. Cultural n…
5. Hierarchy and …
6. Organisational and … style
7. … enterprise environmental factor

Answer 22

1. Vision
2. Mission
3. norms
4. authority
5. management
6. Internal (ex. how you do procurement or discipline team members)

Question 23

Infrastructure Environmental Factor:

1. F…
2. E…
3. … channels
4. IT … and …
5. … enterprise environmental factor

Answer 23

1. Facilities
2. Equipment
3. Telecommunication
4. IT hardware and usability
5. Internal (ex. you cannot use social media)