Question 1

The degree of formality used in selecting projects varies widely across organizations.

Accepted Answer

A) True 
 B)False

Question 2

Strategic objectives describe both long and short term results that are desired.

Accepted Answer

A) True 
 B)False

Question 3

A project portfolio is a useful storage medium that enables the project manager to consolidate all project information in a single,convenient location.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following responses most accurately depicts the correct sequence of activities in the strategic planning process?

Accepted Answer

A)  strategic objectives - strategic analysis - guiding principles - flow-down objectives 
B)  guiding principles - strategic analysis - strategic objectives - flow-down objectives 
C)  strategic analysis - guiding principles - strategic objectives - flow-down objectives 
D)  guiding principles - strategic objectives - flow-down objectives - strategic analysis 
A)  strategic objectives - strategic analysis - guiding principles - flow-down objectives 
B)  guiding principles - strategic analysis - strategic objectives - flow-down objectives 
C)  strategic analysis - guiding principles - strategic objectives - flow-down objectives 
D)  guiding principles - strategic objectives - flow-down objectives - strategic analysis

Question 5

All of the following factors should be assessed to determine an organization's ability to perform projects EXCEPT:

Accepted Answer

A)  Does the organization have free and open communication and empowered decision making? 
B)  Does the organization have a defined project management process? 
C)  Do teams and individuals exhibit leadership at their respective levels? 
D)  Does the organization have a projectized structure 
A)  Does the organization have free and open communication and empowered decision making? 
B)  Does the organization have a defined project management process? 
C)  Do teams and individuals exhibit leadership at their respective levels? 
D)  Does the organization have a projectized structure

Question 6

Project selection scoring models are very useful in providing performance data that can be used to terminate a project.

Accepted Answer

A) True 
 B)False

Question 7

When a client company decides to engage an external contractor to perform project work,it must be prepared to submit a proposal and prepare a bid.

Accepted Answer

A) True 
 B)False

Question 8

Strategic analysis is often called SWOT - Strengths,Weaknesses,Opportunities and Threats (SWOT).

Accepted Answer

A) True 
 B)False

Question 9

The organization's leadership should establish the strategic objectives to set the stage for the strategic analysis.

Accepted Answer

A) True 
 B)False

Question 10

While there is a wide variety of projects across organizations,the degree of formality used in selecting them is largely uniform.

Accepted Answer

A) True 
 B)False

Question 11

Scoring models are very useful in providing input regarding the starting order of projects.

Accepted Answer

A) True 
 B)False

Question 12

Strategic analysis is often called SWOT - Start With Objectives Template (SWOT).

Accepted Answer

A) True 
 B)False

Question 13

If an organization does not have the right capabilities,a project may be too difficult to complete successfully.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following statements concerning strategic analysis is true?

Accepted Answer

A)  Strategic analysis focuses exclusively upon external analysis. 
B)  External analysis focuses on the strengths and weaknesses of the organization. 
C)  Internal analysis focuses on the threats and opportunities facing the organization. 
D)  External analysis focuses on the threats and opportunities facing the organization. 
A)  Strategic analysis focuses exclusively upon external analysis. 
B)  External analysis focuses on the strengths and weaknesses of the organization. 
C)  Internal analysis focuses on the threats and opportunities facing the organization. 
D)  External analysis focuses on the threats and opportunities facing the organization.

Question 15

Strategic objectives should focus decisions regarding which projects to select and how to prioritize them.

Accepted Answer

A) True 
 B)False

Question 16

Describe the relationship between the strategic planning process and project selection in a firm.

Accepted Answer

The strategic planning process and proje

Question 17

Which of the following represents a valid approach that contractors can use to identify new potential projects?

Accepted Answer

A)  send representatives to trade shows and professional conferences 
B)  engage in a proactive customer relationship management effort 
C)  link information systems to obtain useful project information 
D)  all of these 
A)  send representatives to trade shows and professional conferences 
B)  engage in a proactive customer relationship management effort 
C)  link information systems to obtain useful project information 
D)  all of these

Question 18

All of the following criteria serve as a valid basis for selecting projects in most contemporary firms EXCEPT:

Accepted Answer

A)  Will the project best help the organization achieve its goals? 
B)  Is the project being considered based on office politics? 
C)  Does the company have the resources needed to complete the project? 
D)  Are the demands of performing each project understood? 
A)  Will the project best help the organization achieve its goals? 
B)  Is the project being considered based on office politics? 
C)  Does the company have the resources needed to complete the project? 
D)  Are the demands of performing each project understood?

Question 19

Scoring models are most useful when there are multiple projects and several criteria to consider.

Accepted Answer

A) True 
 B)False

Question 20

The vision should present a positive,inspiring and vivid description of the organization as it currently exists.

Accepted Answer

A) True 
 B)False

The degree of formality used in selecting projects varies widely across organizations.

Strategic objectives describe both long and short term results that are desired.

A project portfolio is a useful storage medium that enables the project manager to consolidate all project information in a single,convenient location.

Which of the following responses most accurately depicts the correct sequence of activities in the strategic planning process?

All of the following factors should be assessed to determine an organization's ability to perform projects EXCEPT:

Project selection scoring models are very useful in providing performance data that can be used to terminate a project.

When a client company decides to engage an external contractor to perform project work,it must be prepared to submit a proposal and prepare a bid.

Strategic analysis is often called SWOT - Strengths,Weaknesses,Opportunities and Threats (SWOT).

The organization's leadership should establish the strategic objectives to set the stage for the strategic analysis.

While there is a wide variety of projects across organizations,the degree of formality used in selecting them is largely uniform.

Scoring models are very useful in providing input regarding the starting order of projects.

Strategic analysis is often called SWOT - Start With Objectives Template (SWOT).

If an organization does not have the right capabilities,a project may be too difficult to complete successfully.

Which of the following statements concerning strategic analysis is true?

Strategic objectives should focus decisions regarding which projects to select and how to prioritize them.

Describe the relationship between the strategic planning process and project selection in a firm.

Which of the following represents a valid approach that contractors can use to identify new potential projects?

All of the following criteria serve as a valid basis for selecting projects in most contemporary firms EXCEPT:

Scoring models are most useful when there are multiple projects and several criteria to consider.

The vision should present a positive,inspiring and vivid description of the organization as it currently exists.

Introduction to Project Management

Organizational Capability: Structure,Culture and Roles

Chartering Projects

Stakeholder Analysis and Communication Planning

Defining Scope and Constructing Work Breakdown Structures (WBS)

Scheduling Activities

Resourcing Projects

Budgeting Projects

Project Risk Planning

Project Quality Planning and Project Kick: off

Project Supply Chain Management

Leading and Managing Project Teams

Determining Project Progress and Results

Finishing the Project

Filters

Exam 2: Project Selection and Prioritization

The degree of formality used in selecting projects varies widely across organizations.

Strategic objectives describe both long and short term results that are desired.

A project portfolio is a useful storage medium that enables the project manager to consolidate all project information in a single,convenient location.

Which of the following responses most accurately depicts the correct sequence of activities in the strategic planning process?

All of the following factors should be assessed to determine an organization's ability to perform projects EXCEPT:

Project selection scoring models are very useful in providing performance data that can be used to terminate a project.

When a client company decides to engage an external contractor to perform project work,it must be prepared to submit a proposal and prepare a bid.

Strategic analysis is often called SWOT - Strengths,Weaknesses,Opportunities and Threats (SWOT).

The organization's leadership should establish the strategic objectives to set the stage for the strategic analysis.

While there is a wide variety of projects across organizations,the degree of formality used in selecting them is largely uniform.

Scoring models are very useful in providing input regarding the starting order of projects.

Strategic analysis is often called SWOT - Start With Objectives Template (SWOT).

If an organization does not have the right capabilities,a project may be too difficult to complete successfully.

Which of the following statements concerning strategic analysis is true?

Strategic objectives should focus decisions regarding which projects to select and how to prioritize them.

Describe the relationship between the strategic planning process and project selection in a firm.

Which of the following represents a valid approach that contractors can use to identify new potential projects?

All of the following criteria serve as a valid basis for selecting projects in most contemporary firms EXCEPT:

Scoring models are most useful when there are multiple projects and several criteria to consider.

The vision should present a positive,inspiring and vivid description of the organization as it currently exists.

Introduction to Project Management

Organizational Capability: Structure,Culture and Roles

Chartering Projects

Stakeholder Analysis and Communication Planning

Defining Scope and Constructing Work Breakdown Structures (WBS)

Scheduling Activities

Resourcing Projects

Budgeting Projects

Project Risk Planning

Project Quality Planning and Project Kick: off

Project Supply Chain Management

Leading and Managing Project Teams

Determining Project Progress and Results

Finishing the Project

Filters