Question 1

Project offices are known to result in positive benefits such as:

Accepted Answer

A) A bridge between senior management and project managers 
B) Support integration of all project management processes 
C) Training to support a higher level of project management maturity 
D) Both A and B are correct 
E) All of these are correct 
A) A bridge between senior management and project managers 
B) Support integration of all project management processes 
C) Training to support a higher level of project management maturity 
D) Both A and B are correct 
E) All of these are correct

Question 2

The balanced scorecard model differs from selection models by reviewing projects over

Accepted Answer

A) 1-3 years 
B) 2-4 years 
C) 4-7 years 
D) 5-10 years 
E) e.10-15 years 
A) 1-3 years 
B) 2-4 years 
C) 4-7 years 
D) 5-10 years 
E) e.10-15 years

Question 3

Which of the following is not one of the techniques to insure that projects meet the needs of the organization?

Accepted Answer

A) Standards 
B) Procedures 
C) Accountability 
D) Controls 
E) All of these are correct 
A) Standards 
B) Procedures 
C) Accountability 
D) Controls 
E) All of these are correct

Question 4

The first appearance of standard approaches to managing projects including scope statements and WBS occurs in which of the following Maturity Model Levels?

Accepted Answer

A) Ad Hoc Project Management 
B) Formal Application of Project Management 
C) Institutionalization of Project Management 
D) Management of Project Management System 
E) Optimization of Project Management System 
A) Ad Hoc Project Management 
B) Formal Application of Project Management 
C) Institutionalization of Project Management 
D) Management of Project Management System 
E) Optimization of Project Management System

Question 5

The typical activities of project oversight cover two dimensions.Identify those two dimensions and give two examples of activities for each of those dimensions.

Accepted Answer

1.organization level Examples: project s

Question 6

Which of the following is not one of the four performance goals measures in the scorecard model?

Accepted Answer

A) customer 
B) internal 
C) financial measures 
D) industry standards 
E) innovation and learning 
A) customer 
B) internal 
C) financial measures 
D) industry standards 
E) innovation and learning

Question 7

Which of the follow percentages is the authors' estimate of project-driven organizations that have been implementing some form of oversight for several years?

Accepted Answer

A) 95% 
B) 90% 
C) 85% 
D) 80% 
E) 75% 
A) 95% 
B) 90% 
C) 85% 
D) 80% 
E) 75%

Question 8

Level 4 of the authors' Project Maturity Model is named __________.

Accepted Answer

Management of Project Management System

Question 9

The focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods is established in which of the following Maturity Model Levels?

Accepted Answer

A) Ad Hoc Project Management 
B) Formal Application of Project Management 
C) Institutionalization of Project Management 
D) Management of Project Management System 
E) Optimization of Project Management System 
A) Ad Hoc Project Management 
B) Formal Application of Project Management 
C) Institutionalization of Project Management 
D) Management of Project Management System 
E) Optimization of Project Management System

Question 10

The __________ process can be defined as a structured process to review, evaluate, and document outcomes in each project phase and to provide management with information to guide resource deployment toward strategic goals.

Accepted Answer

phase gate review
Explanation: The phase

Question 11

The Implementation Plan phase answers the question: What are the major risks for this project?

Accepted Answer

A) True 
 B)False

Question 12

High tech firms such as HP, IBM, and Dell all use __________ to coordinate projects and to ensure best practices are being used to manage projects.

Accepted Answer

Project Offices
Explanation: High-tech f

Question 13

The phase gate review process is the centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals.

Accepted Answer

A) True 
 B)False

Question 14

What is the Balanced Scorecard Model and how is it different from selection models?

Accepted Answer

The balanced scorecard model differs fro

Question 15

One study by Morris showed 45 percent of those surveyed use phase review gates.

Accepted Answer

A) True 
 B)False

Question 16

The use of an organization-wide project management system tailored to specific needs of the organization is established in which of the following Maturity Model Levels?

Accepted Answer

A) Ad Hoc Project Management 
B) Formal Application of Project Management 
C) Institutionalization of Project Management 
D) Management of Project Management System 
E) Optimization of Project Management System 
A) Ad Hoc Project Management 
B) Formal Application of Project Management 
C) Institutionalization of Project Management 
D) Management of Project Management System 
E) Optimization of Project Management System

Question 17

The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as __________.

Accepted Answer

Portfolio Project Management
Explanation

Question 18

Project oversight can be defined as a set of principles and processes to.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is not one of the growth levels in the Organizational Project Maturity Model (OPM3TM)?

Accepted Answer

A) Repeatable 
B) Defined 
C) Managed 
D) Expanded 
E) Optimized 
A) Repeatable 
B) Defined 
C) Managed 
D) Expanded 
E) Optimized

Question 20

Portfolio Project Management is responsible for the continued support of consistent application of selection criteria, standards, processes, training, and general assistance to project managers.

Accepted Answer

A) True 
 B)False

Project offices are known to result in positive benefits such as:

The balanced scorecard model differs from selection models by reviewing projects over

Which of the following is not one of the techniques to insure that projects meet the needs of the organization?

The first appearance of standard approaches to managing projects including scope statements and WBS occurs in which of the following Maturity Model Levels?

The typical activities of project oversight cover two dimensions.Identify those two dimensions and give two examples of activities for each of those dimensions.

Which of the following is not one of the four performance goals measures in the scorecard model?

Which of the follow percentages is the authors' estimate of project-driven organizations that have been implementing some form of oversight for several years?

Level 4 of the authors' Project Maturity Model is named __________.

The focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods is established in which of the following Maturity Model Levels?

The __________ process can be defined as a structured process to review, evaluate, and document outcomes in each project phase and to provide management with information to guide resource deployment toward strategic goals.

The Implementation Plan phase answers the question: What are the major risks for this project?

High tech firms such as HP, IBM, and Dell all use __________ to coordinate projects and to ensure best practices are being used to manage projects.

The phase gate review process is the centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals.

What is the Balanced Scorecard Model and how is it different from selection models?

One study by Morris showed 45 percent of those surveyed use phase review gates.

The use of an organization-wide project management system tailored to specific needs of the organization is established in which of the following Maturity Model Levels?

The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as __________.

Project oversight can be defined as a set of principles and processes to.

Which of the following is not one of the growth levels in the Organizational Project Maturity Model (OPM3^TM)?

Portfolio Project Management is responsible for the continued support of consistent application of selection criteria, standards, processes, training, and general assistance to project managers.

Modern Project Management

Organization Strategy and Project Selection

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

An Introduction to Agile Project Management

Project Management Career Paths

Filters

Exam 16: Oversight

Project offices are known to result in positive benefits such as:

The balanced scorecard model differs from selection models by reviewing projects over

Which of the following is not one of the techniques to insure that projects meet the needs of the organization?

The first appearance of standard approaches to managing projects including scope statements and WBS occurs in which of the following Maturity Model Levels?

The typical activities of project oversight cover two dimensions.Identify those two dimensions and give two examples of activities for each of those dimensions.

Which of the following is not one of the four performance goals measures in the scorecard model?

Which of the follow percentages is the authors' estimate of project-driven organizations that have been implementing some form of oversight for several years?

Level 4 of the authors' Project Maturity Model is named __________.

The focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods is established in which of the following Maturity Model Levels?

The __________ process can be defined as a structured process to review, evaluate, and document outcomes in each project phase and to provide management with information to guide resource deployment toward strategic goals.

The Implementation Plan phase answers the question: What are the major risks for this project?

High tech firms such as HP, IBM, and Dell all use __________ to coordinate projects and to ensure best practices are being used to manage projects.

The phase gate review process is the centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals.

What is the Balanced Scorecard Model and how is it different from selection models?

One study by Morris showed 45 percent of those surveyed use phase review gates.

The use of an organization-wide project management system tailored to specific needs of the organization is established in which of the following Maturity Model Levels?

The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as __________.

Project oversight can be defined as a set of principles and processes to.

Which of the following is not one of the growth levels in the Organizational Project Maturity Model (OPM3TM)?

Portfolio Project Management is responsible for the continued support of consistent application of selection criteria, standards, processes, training, and general assistance to project managers.

Modern Project Management

Organization Strategy and Project Selection

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

An Introduction to Agile Project Management

Project Management Career Paths

Filters

Which of the following is not one of the growth levels in the Organizational Project Maturity Model (OPM3^TM)?