Exam 16: Oversight

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The in-depth review of individual projects at specific phases in the project life cycle is known as:

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__________ can be defined as a set of principles and processes to guide and improve the management of projects.

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Project oversight
Explanation: Project oversight can be defined as a set of principles and processes to guide and improve the management of projects.

Phase 3 of the abridged, generic phase gated process is known as the _________ phase.

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Implementation Plan
Explanation: The implementation plan review information should include the planning document developed in earlier chapters.For example, what are the specific goals for the project and what are the major deliverables (scope)?

___________ such as ROI, cash flow, and projects on budget reflect improvement and actions that contribute value to the bottom line.

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The appearance of a project office frequently follows the implementation of project portfolio management efforts.

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Gate 1 provides information at a minimal expenditure of cost and resources and in a short time, so the project can be reevaluated more thoroughly if it is perceived to have merits.

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The term that is used to reflect how organizations oversee their project management systems is:

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When project effort moves from tactical to strategic, project selection, project process.

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Phase 6 of the abridged, generic phase gated process is known as the _________ phase.

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What is the Project Office and what is its relationship to oversight?

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The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as:

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The development of a system for managing multiple projects that are aligned with strategic goals is established in which of the following Maturity Model Levels?

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Phase 5 of the abridged, generic phase gated process is known as the _________ phase.

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What is Portfolio Project Management?

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Identify and briefly describe the five levels in the authors' Project Maturity Model.

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Project selection and portfolio management are typical activities at the _________ level of project oversight.

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Project audits are performed on all significant projects and lessons learned are recorded and used on subsequent projects occurs in which of the following Maturity Model Levels?

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In the authors' Project Maturity Model, the Ad Hoc Project Management level has no consistent project management process in place.

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Level 1 of the authors' Project Maturity Model is named __________.

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Level 2 of the authors' Project Maturity Model is named __________.

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