Exam 16: Oversight

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

The purpose of _____________ is to enable organizations to assess their progress in implementing the best project management practices in their industry and continuously move to improvement.

A key purpose of project oversight is to support the project manager.

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

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.

The _________ phase of the phase-gated process answers the fundamental question: "Is the project a good idea and does it solve a business problem or issue?"

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

Project __________ can be defined as a set of principles and processes to guide and improve the management of projects.

A weighted scoring model would be an appropriate tool to use during the proposal phase of a phase gate review.

Which of the following is responsible for the continued support of consistent application of selection criteria,standards,processes,training,and general assistance to project managers and continued improvement and use of best practices?

The level of the Project Management Maturity Model where there is an organizationwide project management system that is tailored to the needs of the organization is called ____________ of project management.

The balanced scorecard model differs from project selection models by reviewing projects during several consecutive short periods of time.

The typical activities of project oversight cover two dimensions: _________ and __________.

The __________ review 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 balanced scorecard model differs from project selection models by reviewing projects over a longer horizon of ___________ after the project is implemented.

What is the project office and what is its relationship to oversight?

The in-depth review of individual projects at specific phases in the project life cycle is known as

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

Managing the organization project portfolio includes the following key responsibilities EXCEPT

Project office functions typically include which of the following?