Selecting a Project Management Approach Flashcards

1
Q

You are managing a project to move company offices to another site. Which statements are examples of characteristics of the project life cycle?

a. Risk is highest at the start, before you plan the move in detail or begin carrying out the work
b. Most resources will be needed just before and on moving day, to pack, transport, and unpack equipment
c. Uncertainty will be highest on the day of the move
d. Making changes to the layout of the new office will be easy early on but increasingly expensive once work has started
e. Most resources will be needed to plan the move and create an inventory list

A

a. Risk is highest at the start, before you plan the move in detail or begin carrying out the work
b. Most resources will be needed just before and on moving day, to pack, transport, and unpack equipment
d. Making changes to the layout of the new office will be easy early on but increasingly expensive once work has started

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the fundamental responsibilities of a project manager?

a. to balance stakeholders’ expectations
b. to update project plans throughout the project
c. to draw up a complete project budget
d. to ensure that no changes are made to the project plan without the consent of the executive stakeholders
e. to balance the competing demands of budget, schedule, quality, and scope
f. to accomplish the projects objectives

A

a. to balance stakeholders’ expectations
b. to update project plans throughout the project
c. to draw up a complete project budget
e. to balance the competing demands of budget, schedule, quality, and scope
f. to accomplish the projects objectives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Which statements about the relationship between projects, programs, and portfolios are true?

a. changes occurring in projects are communicated back to the portfolio managers and can impact strategic planning for the organization
b. all projects and programs within a portfolio are related either geographically or in terms of functional area
c. portfolios are the only way to manage the ongoing work needed to support various projects and programs
d. projects are prioritized at the portfolio level, which impact the funds and resources that will be available to them
e. strategic plans at the portfolio level dictate, which programs and projects will be approved or rejected

A

a. changes occurring in projects are communicated back to the portfolio managers and can impact strategic planning for the organization
d. projects are prioritized at the portfolio level, which impact the funds and resources that will be available to them
e. strategic plans at the portfolio level dictate, which programs and projects will be approved or rejected

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Which statements about the relationship between projects and programs are true?

a. all projects within a program are related
b. managing projects within programs provides greater control over outcomes and resources
c. programs include ongoing work that is related to the projects they include
d. programs enable organizations to realize additional, consolidated benefits to those from individual projects
e. programs ensure that all projects within an organization comply with strategic goals
f. programs divide a single project into easily managed segments

A

a. all projects within a program are related
b. managing projects within programs provides greater control over outcomes and resources
c. programs include ongoing work that is related to the projects they include
d. programs enable organizations to realize additional, consolidated benefits to those from individual projects

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

How can you identify a phase in a project?

a. it generally follows sequentially from a previous phase, although phases may overlap
b. it includes work specific to it
c. project management processes overlap
d. it’s divided into components
e. it has a natural decision point at its end
f. project management processes may be repeated
g. it ends with the transfer of a deliverable

A

a. it generally follows sequentially from a previous phase, although phases may overlap
b. it includes work specific to it
c. project management processes overlap
e. it has a natural decision point at its end
f. project management processes may be repeated
g. it ends with the transfer of a deliverable

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What are some characteristics of the agile methodology?

a. its deliverables are incremental and iterative
b. it enables project managers to readily adapt to new or changing requirements
c. requirements are typically gathered continuously throughout the project life cycle
d. projects change only when necessary to avoid defects
e. a phase can only commence once the previous phase is completed

A

a. its deliverables are incremental and iterative
b. it enables project managers to readily adapt to new or changing requirements
c. requirements are typically gathered continuously throughout the project life cycle

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Project managers need competencies in three main areas.

PERFORMANCE COMPETENCY

Match each example to the type of competency it represents. More than one example may match to each competency.

a. You understand the uses of a Pareto diagram.
b. you’re successful at motivating a project team
c. you know how to conduct a risk analysis
d. you have experience in analyzing and mitigating risk
e. you’re able to negotiate good deals with suppliers
f. You have worked on similar projects successfully in the past

A

d. you have experience in analyzing and mitigating risk

f. You have worked on similar projects successfully in the past

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Project managers need competencies in three main areas.

KNOWLEDGE COMPETENCY

Match each example to the type of competency it represents. More than one example may match to each competency.

a. you understand the uses of a Pareto diagram
b. you’re successful at motivating a project team
c. you know how to conduct a risk analysis
d. you have experience in analyzing and mitigating risk
e. you’re able to negotiate good deals with suppliers
f. You have worked on similar projects successfully in the past

A

a. you understand the uses of a Pareto diagram

c. you know how to conduct a risk analysis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Project managers need competencies in three main areas.

PERSONAL COMPETENCY

Match each example to the type of competency it represents. More than one example may match to each competency.

a. you understand the uses of a Pareto diagram
b. you’re successful at motivating a project team
c. you know how to conduct a risk analysis
d. you have experience in analyzing and mitigating risk
e. you’re able to negotiate good deals with suppliers
f. You have worked on similar projects successfully in the past

A

b. you’re successful at motivating a project team

e. you’re able to negotiate good deals with suppliers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

A company is structured so that divisional heads report to the CEO. When there’s a project, a manager may coordinate duties and be supplied with staff.

How may this structure affect company projects?

a. a project coordinator has limited authority
b. the project coordinator has high access to resources
c. the functional managers have control over any project funding
d. the project coordinator enjoys access to full-time project management administrative staff

A

a. a project coordinator has limited authority

c. the functional managers have control over any project funding

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Identify each example as either an enterprise environmental factor (EEF) or organizational process asset (OPA).

EEF

a. organizational structure
b. values, norms, and beliefs
c. historical information
d. documentation, guidelines, and templates
e. market conditions and the economic environment

A

a. organizational structure
b. values, norms, and beliefs
e. market conditions and the economic environment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Identify each example as either an enterprise environmental factor (EEF) or organizational process asset (OPA).

OPA

a. organizational structure
b. values, norms, and beliefs
c. historical information
d. documentation, guidelines, and templates
e. market conditions and the economic environment

A

c. historical information

d. documentation, guidelines, and templates

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What are the aspects of organizational culture that will influence a project?

a. organizational views of authority
b. market conditions
c. guidelines and templates
d. informal policies and procedures
e. values, norms, and beliefs

A

a. organizational views of authority
d. informal policies and procedures
e. values, norms, and beliefs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What are some examples of a project?

a. writing a novel
b. developing a new product prototype
c. conducting employee performance reviews
d. billing members of a health club
e. developing daily lesson plans for teaching a class
f. building a bridge

A

a. writing a novel
b. developing a new product prototype
f. building a bridge

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What are the correct statements about the relationship between the product and the project life cycles?

a. each stage of the project life cycle may contain one or more product life cycles
b. the product life cycle can be completed during a single-phase project
c. the product and project life cycles always run concurrently
d. each stage of the product life cycle may contain one or more project life cycles

A

b. the product life cycle can be completed during a single-phase project
d. each stage of the product life cycle may contain one or more project life cycles

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Match each role in a project to the organizational stakeholder to which it best applies.

PMOs

a. manage and control groups of related projects to achieve consolidated benefits
b. Liaise between the project management team and executive management
c. manage a group of unrelated projects and programs that support overall organizational strategic objectives
d. standardize project work across the organization and provide mentoring to project managers

A

d. standardize project work across the organization and provide mentoring to project managers

17
Q

Match each role in a project to the organizational stakeholder to which it best applies.

Program Managers

a. manage and control groups of related projects to achieve consolidated benefits
b. Liaise between the project management team and executive management
c. manage a group of unrelated projects and programs that support overall organizational strategic objectives
d. standardize project work across the organization and provide mentoring to project managers

A

a. manage and control groups of related projects to achieve consolidated benefits

18
Q

Match each role in a project to the organizational stakeholder to which it best applies.

Sponsors

a. manage and control groups of related projects to achieve consolidated benefits
b. Liaise between the project management team and executive management
c. manage a group of unrelated projects and programs that support overall organizational strategic objectives
d. standardize project work across the organization and provide mentoring to project managers

A

b. Liaise between the project management team and executive management

19
Q

Match each role in a project to the organizational stakeholder to which it best applies.

Portfolio Managers

a. manage and control groups of related projects to achieve consolidated benefits
b. Liaise between the project management team and executive management
c. manage a group of unrelated projects and programs that support overall organizational strategic objectives
d. standardize project work across the organization and provide mentoring to project managers

A

c. manage a group of unrelated projects and programs that support overall organizational strategic objectives

20
Q

Match each role to the corresponding organizational stakeholder. Roles may match to more than one stakeholder, and stakeholders may have more than one match.

OPERATIONAL MANAGERS

a. interact with the project manager and their teams
b. provide resources and technical know-how to the project team
c. provide marketing plans or financial reports to the project manager to assist in the planning activities

A

a. interact with the project manager and their teams

b. provide resources and technical know-how to the project team

21
Q

Match each role to the corresponding organizational stakeholder. Roles may match to more than one stakeholder, and stakeholders may have more than one match.

OPERATIONAL MANAGERS

a. interact with the project manager and their teams
b. provide resources and technical know-how to the project team
c. provide marketing plans or financial reports to the project manager to assist in the planning activities

A