Question 1

There are times that certain projects must be selected regardless of any considerations such as strategic fit,profitability or probability of success.

Accepted Answer

A) True 
 B)False

Question 2

When a firm prepares to submit a proposal,it is really conducting a small project with the primary deliverable of the project being an accurate and complete proposal.

Accepted Answer

A) True 
 B)False

Question 3

All of the following factors influence the opportunities and threats an organization must consider when performing a strategic analysis EXCEPT:

Accepted Answer

A)  competitors 
B)  suppliers 
C)  regulatory agencies 
D)  employees 
A)  competitors 
B)  suppliers 
C)  regulatory agencies 
D)  employees

Question 4

A clear and compelling vision will have all the following characteristics EXCEPT:

Accepted Answer

A)  often requires extra effort to achieve. 
B)  often requires several years to achieve. 
C)  provides detailed roadmap for managing a project 
D)  helps stakeholders to understand the direction of the firm. 
A)  often requires extra effort to achieve. 
B)  often requires several years to achieve. 
C)  provides detailed roadmap for managing a project 
D)  helps stakeholders to understand the direction of the firm.

Question 5

A project portfolio is a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following statements most accurately describes the negotiations between a client company and a contractor?

Accepted Answer

A)  Negotiations are generally limited to the amount of money to be paid. 
B)  Negotiations typically begin after the best and final offer is tendered. 
C)  Negotiations may address contractual terms, schedules and personnel assignments. 
D)  Negotiations are generally focused on schedule 
A)  Negotiations are generally limited to the amount of money to be paid. 
B)  Negotiations typically begin after the best and final offer is tendered. 
C)  Negotiations may address contractual terms, schedules and personnel assignments. 
D)  Negotiations are generally focused on schedule

Question 7

Strategic analysis considers opportunities and threats posed by competitors,suppliers and regulatory agencies among others.

Accepted Answer

A) True 
 B)False

Question 8

In addition to considering financial factors,project selection should often consider how well each project fits with the organization's strategic planning.

Accepted Answer

A) True 
 B)False

Question 9

None of the financial project selection models ensure alignment of the project with an organization's strategic goals.

Accepted Answer

A) True 
 B)False

Question 10

Figure 2-1 Project Selection and Prioritization Matrix
-Based on the information provided in Figure 2-1,which criterion is most important to the leadership team?

Accepted Answer

A)  strategic fit 
B)  risk 
C)  market potential 
D)  probability of success 
A)  strategic fit 
B)  risk 
C)  market potential 
D)  probability of success

Question 11

Portfolio alignment helps an organization achieve its goals by:

Accepted Answer

A)  adopting highly similar projects to insure against failure. 
B)  including a complement of projects with different sizes, risks and time frames 
C)  decreasing the variety of projects to leverage specialization. 
D)  providing detailed project management methodologies 
A)  adopting highly similar projects to insure against failure. 
B)  including a complement of projects with different sizes, risks and time frames 
C)  decreasing the variety of projects to leverage specialization. 
D)  providing detailed project management methodologies

There are times that certain projects must be selected regardless of any considerations such as strategic fit,profitability or probability of success.

When a firm prepares to submit a proposal,it is really conducting a small project with the primary deliverable of the project being an accurate and complete proposal.

All of the following factors influence the opportunities and threats an organization must consider when performing a strategic analysis EXCEPT:

A clear and compelling vision will have all the following characteristics EXCEPT:

A project portfolio is a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.

Which of the following statements most accurately describes the negotiations between a client company and a contractor?

Strategic analysis considers opportunities and threats posed by competitors,suppliers and regulatory agencies among others.

In addition to considering financial factors,project selection should often consider how well each project fits with the organization's strategic planning.

None of the financial project selection models ensure alignment of the project with an organization's strategic goals.

Figure 2-1 Project Selection and Prioritization Matrix -Based on the information provided in Figure 2-1,which criterion is most important to the leadership team?

Portfolio alignment helps an organization achieve its goals by:

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

There are times that certain projects must be selected regardless of any considerations such as strategic fit,profitability or probability of success.

When a firm prepares to submit a proposal,it is really conducting a small project with the primary deliverable of the project being an accurate and complete proposal.

All of the following factors influence the opportunities and threats an organization must consider when performing a strategic analysis EXCEPT:

A clear and compelling vision will have all the following characteristics EXCEPT:

A project portfolio is a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.

Which of the following statements most accurately describes the negotiations between a client company and a contractor?

Strategic analysis considers opportunities and threats posed by competitors,suppliers and regulatory agencies among others.

In addition to considering financial factors,project selection should often consider how well each project fits with the organization's strategic planning.

None of the financial project selection models ensure alignment of the project with an organization's strategic goals.

Figure 2-1 Project Selection and Prioritization Matrix -Based on the information provided in Figure 2-1,which criterion is most important to the leadership team?

Portfolio alignment helps an organization achieve its goals by:

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