Exam 16: Oversight

During which of the following phase gates would the questions "Are the resources needed identified and available?" and "Are tasks sequenced and is a time-phased budget established?" be answered?

Phase gate methodology is an example of an oversight activity.

Give two reasons why oversight is important to a project manager.

Project offices are known to result in positive benefits such as serving as a bridge between senior management and project managers.

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

What is phase gate methodology and what does it do?

During the ___________ phase of the phase-gated process what went wrong and what contributed to success are identified.

What is the balanced scorecard model and how is it different from project selection models?

The level of the Project Management Maturity Model where the focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods is called __________ of project management system.

The level of the Project Management Maturity Model where there is no consistent project management process in place is called __________ project management.

The term that can be defined as a set of principles and processes to guide and improve the management of projects is

When considering a project management maturity model,progress from one level to the next will not occur overnight.Agree or disagree? Explain your answer.

Which model reviews projects over a long horizon and measures the results of major activities taken to support the overall vision,mission,and goals of the organization? This model helps answer two questions: "Did we select the right projects?" and "Did the project contribute to the long-range strategic direction of the firm?"

Project maturity has become a competitive edge.

The ad hoc project management level has no consistent project management process in place.

Each gate within the phase gate review process should,at a minimum,include the following EXCEPT

Reviewing lessons learned would be an oversight activity at the project level.

The second purpose of project oversight is to support the ___________.

During which of the following phase gates would the question,"What are the project's ROI and/or nonfinancial benefits?" be answered?

The level of the Project Management Maturity Model where the organization develops a system for managing multiple projects that are aligned with strategic goals of the organization is called __________ of project management system.