Question 1

The intended outcome of strategy/projects integration is

Accepted Answer

A) Clear organization focus 
B) Best use of scare organization resources 
C) Improved communication across projects and departments 
D) Both A and C are correct 
E) A, B, and C are all correct 
A) Clear organization focus 
B) Best use of scare organization resources 
C) Improved communication across projects and departments 
D) Both A and C are correct 
E) A, B, and C are all correct

Question 2

Effective objectives can be created to apply only at the department level and not relating to organizational objectives.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following financial models are typically included in project selection?

Accepted Answer

A) Payback 
B) Net present value 
C) Internal rate of return 
D) Both A and B are correct 
E) A, B, and C are all correct 
A) Payback 
B) Net present value 
C) Internal rate of return 
D) Both A and B are correct 
E) A, B, and C are all correct

Question 4

Draw the Project Portfolio Matrix identifying the major elements on the drawing.

Accepted Answer

see Figure

Question 5

Identify and briefly discuss the three classes of projects usually found in an organization's project portfolio.

Accepted Answer

1) compliance and em

Question 6

Many organizations find they have three different kinds of projects in their portfolio, compliance, operational, and sacred cows.

Accepted Answer

A) True 
 B)False

Question 7

Identify and briefly discuss the three intended outcomes of integrating and linking projects with the strategic plan.

Accepted Answer

1) clear organization focus, 2

Question 8

Which of the following is not true of multi-weighted scoring models?

Accepted Answer

A) Will include quantitative criteria 
B) Will include qualitative criteria 
C) Each criterion is assigned a weight 
D) Projects with higher scores are considered more desirable 
E) All of the above are true 
A) Will include quantitative criteria 
B) Will include qualitative criteria 
C) Each criterion is assigned a weight 
D) Projects with higher scores are considered more desirable 
E) All of the above are true

Question 9

Successful ________ requires strong links among mission statements, goals, objectives, and strategies.

Accepted Answer

strategic management
Explanati

Question 10

Reviewing and revising the organization's mission is best achieve through the use of a SWOT analysis.

Accepted Answer

A) True 
 B)False

Question 11

Lee Iacocca's career was built on successfully leading the design and development of the highly successful Ford Mustang.

Accepted Answer

A) True 
 B)False

Question 12

Project selection criteria are typically classified as:

Accepted Answer

A) Financial and non-financial 
B) Short-term and long-term 
C) Strategic and tactical 
D) Required and optional 
E) Cost and schedule 
A) Financial and non-financial 
B) Short-term and long-term 
C) Strategic and tactical 
D) Required and optional 
E) Cost and schedule

Question 13

Intel's CEO, Craig R.Barrett, is envisioning Intel's future as being beyond computers and to include all digital products as Intel's potential customers.

Accepted Answer

A) True 
 B)False

Question 14

Using the Project Portfolio Matrix, software upgrades and manufacturing cost reduction projects are examples of ________ projects that involve evolutionary improvements to existing products.

Accepted Answer

Bread-and-Butter
Explanation: Bread and

Question 15

Which of the follow is not one of the commonly heard comments of project managers?

Accepted Answer

A) Where did this project come from? 
B) Why are we doing this project? 
C) How can all these projects be first priority? 
D) Why is this project so strongly linked to the strategic plan? 
E) Where are we going to get the resources to do this project? 
A) Where did this project come from? 
B) Why are we doing this project? 
C) How can all these projects be first priority? 
D) Why is this project so strongly linked to the strategic plan? 
E) Where are we going to get the resources to do this project?

Question 16

In some cases organizations will use a __________ to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.

Accepted Answer

RFP (Request for Proposal
Explanation: O

Question 17

Which of the following would not be classified as an organizational threat?

Accepted Answer

A) Slowing of the economy 
B) A maturing life cycle 
C) Poor product quality 
D) Government regulations 
E) All of these are organizational threats 
A) Slowing of the economy 
B) A maturing life cycle 
C) Poor product quality 
D) Government regulations 
E) All of these are organizational threats

Question 18

In classifying the kinds of projects an organization has in its portfolio, ________ projects are typically those that directly support the organization's long run mission.

Accepted Answer

strategic
Explanation: Strateg

Question 19

The ________ financial model measures the current value of all cash inflows and outflows using management's minimum desired rate of return.

Accepted Answer

net present value (NPV
Explanation: The

Question 20

The textbook indicated that ________ is the major dimension of strategic management.

Accepted Answer

A) Responding to changes in the external market 
B) Allocating scarce resources of the organization 
C) Beating competition to the market 
D) Both a and b are correct 
E) Both a and c are correct 
A) Responding to changes in the external market 
B) Allocating scarce resources of the organization 
C) Beating competition to the market 
D) Both a and b are correct 
E) Both a and c are correct

The intended outcome of strategy/projects integration is

Effective objectives can be created to apply only at the department level and not relating to organizational objectives.

Which of the following financial models are typically included in project selection?

Draw the Project Portfolio Matrix identifying the major elements on the drawing.

Identify and briefly discuss the three classes of projects usually found in an organization's project portfolio.

Many organizations find they have three different kinds of projects in their portfolio, compliance, operational, and sacred cows.

Identify and briefly discuss the three intended outcomes of integrating and linking projects with the strategic plan.

Which of the following is not true of multi-weighted scoring models?

Successful ________ requires strong links among mission statements, goals, objectives, and strategies.

Reviewing and revising the organization's mission is best achieve through the use of a SWOT analysis.

Lee Iacocca's career was built on successfully leading the design and development of the highly successful Ford Mustang.

Project selection criteria are typically classified as:

Intel's CEO, Craig R.Barrett, is envisioning Intel's future as being beyond computers and to include all digital products as Intel's potential customers.

Using the Project Portfolio Matrix, software upgrades and manufacturing cost reduction projects are examples of ________ projects that involve evolutionary improvements to existing products.

Which of the follow is not one of the commonly heard comments of project managers?

In some cases organizations will use a __________ to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.

Which of the following would not be classified as an organizational threat?

In classifying the kinds of projects an organization has in its portfolio, ________ projects are typically those that directly support the organization's long run mission.

The ________ financial model measures the current value of all cash inflows and outflows using management's minimum desired rate of return.

The textbook indicated that ________ is the major dimension of strategic management.

Modern Project Management

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters

Exam 2: Organization Strategy and Project Selection

The intended outcome of strategy/projects integration is

Effective objectives can be created to apply only at the department level and not relating to organizational objectives.

Which of the following financial models are typically included in project selection?

Draw the Project Portfolio Matrix identifying the major elements on the drawing.

Identify and briefly discuss the three classes of projects usually found in an organization's project portfolio.

Many organizations find they have three different kinds of projects in their portfolio, compliance, operational, and sacred cows.

Identify and briefly discuss the three intended outcomes of integrating and linking projects with the strategic plan.

Which of the following is not true of multi-weighted scoring models?

Successful ________ requires strong links among mission statements, goals, objectives, and strategies.

Reviewing and revising the organization's mission is best achieve through the use of a SWOT analysis.

Lee Iacocca's career was built on successfully leading the design and development of the highly successful Ford Mustang.

Project selection criteria are typically classified as:

Intel's CEO, Craig R.Barrett, is envisioning Intel's future as being beyond computers and to include all digital products as Intel's potential customers.

Using the Project Portfolio Matrix, software upgrades and manufacturing cost reduction projects are examples of ________ projects that involve evolutionary improvements to existing products.

Which of the follow is not one of the commonly heard comments of project managers?

In some cases organizations will use a __________ to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.

Which of the following would not be classified as an organizational threat?

In classifying the kinds of projects an organization has in its portfolio, ________ projects are typically those that directly support the organization's long run mission.

The ________ financial model measures the current value of all cash inflows and outflows using management's minimum desired rate of return.

The textbook indicated that ________ is the major dimension of strategic management.

Modern Project Management

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters