Exam 2: Organization Strategy and Project Selection
Exam 1: Modern Project Management88 Questions
Exam 2: Organization Strategy and Project Selection88 Questions
Exam 3: Organization: Structure and Culture94 Questions
Exam 4: Defining the Project89 Questions
Exam 5: Estimating Project Times and Costs91 Questions
Exam 6: Developing a Project Plan94 Questions
Exam 7: Managing Risk87 Questions
Exam 8: Scheduling Resources and Costs90 Questions
Exam 9: Reducing Project Duration94 Questions
Exam 10: Leadership: Being an Effective Project Manager88 Questions
Exam 11: Managing Project Teams94 Questions
Exam 12: Outsourcing: Managing Interorganizational Relations94 Questions
Exam 13: Progress and Performance Measurement and Evaluation88 Questions
Exam 14: Project Closure88 Questions
Exam 15: International Projects94 Questions
Exam 16: Oversight86 Questions
Exam 17: An Introduction to Agile Project Management85 Questions
Exam 18: Project Management Career Paths35 Questions
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A ___________ will typically include a list of potential projects, several criteria, weights for those criteria, and criteria scores for those projects.
(Short Answer)
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Identify and briefly describe the five characteristics of effective objectives.
(Essay)
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Formulating strategy answers the questions who and when the tasks will be performed to reach objectives.
(True/False)
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The most common approach to selecting project has been to use the __________ model.
(Short Answer)
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The _______ financial model measures the time it will take to recover the project investment.
(Short Answer)
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The assessment of the external and internal environments is called _______ analysis.
(Multiple Choice)
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In a SWOT analysis, good product quality, low debt, and an established dealer network are examples of positive ________.
(Short Answer)
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The NPV financial model measures the time it will take to recover the project investment.
(True/False)
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Which of the following would not be classified as an organizational opportunity?
(Multiple Choice)
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Strategy formulation includes which of the following activities?
(Multiple Choice)
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The problem in many organizations is not with formulating strategies but with implementing the strategies.
(True/False)
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"Politics and project management should not mix." Agree or Disagree and support your position.
(Essay)
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In today's business environment, project managers find it valuable to have a keen understanding of
(Multiple Choice)
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Multi-weighted scoring models include only quantitative criteria, not qualitative.
(True/False)
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A weighted scoring model such as _________ typically uses several weighted selection criteria to evaluate project proposals.
(Short Answer)
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In the Snapshot from Practice, Intel's CEO has concentrated Intel's strategy toward?
(Multiple Choice)
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Which of the following is a main reason why project managers need to understand their organization's mission and strategy?
(Multiple Choice)
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Capacity overload which inevitably leads to confusion and inefficient use of scarce resources is an __________.
(Short Answer)
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The first step in the Strategic Management Process is to set long-range goals and objectives.
(True/False)
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In a SWOT analysis, strong competition, reduced product demand, and a maturing product life cycle are examples of ________.
(Short Answer)
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