Week 3 (Chapter 2 & 3)

Question 1

What are the three type of Organizational Structure and what are they?

Answer 1

Functional: Traditional structure composed of departments
Project Organization: Organized by project instead of function
Matrix Organization: Dual hierarchy of functional and project structure

Question 2

What are the strengths and weaknesses of Functional Structure?

Answer 2

S:
Project developed this way
Standardization in career paths
Development of in-depth knowledge
W:
Cross-functional is hard
Lack of customer focus
Longer to complete and conflict of interest

Question 3

What are the strengths and weaknesses of Project Structure?

Answer 3

S:
PM has authority
Effective and fast decision making
W:
Hard to setup and expensive to maintain
Closed people to project team only
Difficult to pool capital

Question 4

What are the strengths and weaknesses of Matrix Structure?

Answer 4

S:
Dynamic
Caputre both PM & Functional advantage
Coordinated cross functional unit
Maximize resources
W:
Two bosses
Time consuming on negotiating and decision making
Competing projects, conflict of itnerest

Question 5

What is the golden traingle consist of

Answer 5

Scope
Money - Time - Quality

Question 6

What is the goal of project management?

Answer 6

To meet or exceed stakeholder expectations

Question 7

What are the 5 types of creeps?

Answer 7

Scope Creep: Changes not in original plan
Hope Creep: Incorrect reporting and false future hope
Effort Creep: “Almost done”
Feature Creep: Additional yet unnecessary features
Sponsor Creep: Change target

Question 8

What is scope statements and what are the contents?

Answer 8

Scope statement is a

Component:
- Project objective, constraint, and assumptions
- Product requirements
- Deliverables
- Early risks/quality measure
- Cost/time estimates