Exam 3: Project Selection and Portfolio Management

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Choose any example from recent news media and explain why their project failed.

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An MBA redesign committee plans to spend a decade traveling the world to benchmark graduate programs at other universities.Regardless of the screening model being used,it will suffer from poor performance in the area of:

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Because projects managed under a project portfolio management scheme may be independent of each other,it is not necessary to consider resource use when deciding to pursue any single project.

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The systematic process of selecting,supporting,and managing a firm's collection of projects is called:

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A simplified scoring model is used to determine that project Cow has a score of 38 and project GiGi has a score of 30.Project Cow is therefore 26.7% better than project GiGi.

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What are three keys to success for project portfolio management? Which is most important?

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One facet of risk in project screening is:

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Souder's project screening criterion that indicates an effective model must reflect organization objectives,including a firm's strategic goals and mission is called:

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Souder's project screening criterion of realism addresses the question:

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Which of these is NOT a factor in successful project portfolio management?

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A firm is BEST served if its project portfolio:

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A project manager is using the net present value method to make the final decision on which project to undertake.The company has a 12% required rate of return and expects a 3% rate of inflation for the following four years.What is the NPV of a project that has cash flows as shown in the table? Year Cash Flow 0 -\ 250,000 1 \ 50,000 2 \ 60,000 3 \ 70,000 4 \ 80,000

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Describe the use of a profile model and sketch an example,clearly labeling every component and the best alternative in your example.

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What two simple rules should be followed when choosing a project selection approach?

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A project manager is using the net present value method to make the final decision on which project to undertake.The company has a 15% required rate of return and expects a 5% rate of inflation for the following four years.What is the NPV of a project that has cash flows as shown in the table? Year Cash Flow 0 -\ 350,000 1 \ 50,000 2 \ 80,000 3 \ 100,000 4 \ 150,000

(Multiple Choice)
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One project factor that directly impacts a firm's internal operations is the:

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How can a payback period approach be used to evaluate potential projects?

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A project manager is using the payback method to make the final decision on which project to undertake.The company has a 10% required rate of return and expects a 4% rate of inflation for the following five years.What is the discounted payback of a project that has cash flows as shown in the table? Year Cash Flow 0 -\ 100,000 1 \ 20,000 2 \ 50,000 3 \ 50,000 4 \ 25,000 5 \ 500,000

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Describe any four types of risk that projects may hold.

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Provide an example of a numeric and non-numeric project selection model and indicate what advantage each might hold over the other.

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