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1. Implementation of a successful Project Portfolio Management process requires:
A: considerable financial resources, but the return on financial investment can, over time, offset the expenses incurredB: a large commitment from management for additional staff and software.C: an overhaul in the handling of projects and initiatives of the business, but relatively modest expenditures for staff development and supporting softwareD: virtually no changes in current practices while offering immediate benefits
2. Many companies struggle with where the PPM should reside within the organization. Which of these questions should senior leaders not be concerned with asking when making the decision of where to place PPM in an organizational structure?
A: Which functional group is the largest in size?B: How will the process and procedures be aligned?C: If there are several PPMs, will there be a corporate one?D: Will PPM be used for only enterprise projects?
3. Which of the following is a step in the directing process?
A: SUPERVISINGB: MEASUINGC: EVALUATINGD: CORRECTING
What does this riddle have to do with project management?
Project managers often focus more on project needs and neglect the human resource aspect with little attention given to motivate the project teams. With short notes explain- (i) The expectancy theory of motivation (ii) The equity theorem
What are the four alternatives a project organization can adopt in deciding how to address and respond to its risks?
Consider an office environment with which you are familiar. Over the past decade, what changes in the way the office operates (including communication, document preparation, and scheduling meetings)
Discuss the 4 grids in the competing values model. Outline the complexity of the competing values decision-making model.
Why is integrity an essential component of ethics leadership? Integrity is displayed when people act in ways that are always honest and credible, and consistent in putting one's values into practice.
Why was Deming's theory on quality embraced by the Japanese auto industry and rejected by the American auto industry?
Why do you think it is important to evaluate potential projects before proceeding with implementation?
In the restaurant industry, what could be the single most difficult issue in procurement management for a project manager? Why?
Essay Question: You have been assigned to a new innovative project in your organization. The scope has been completed. You next need to create a WBS and a WBS dictionary. What information should be contained in a WBS dictionary?
Criticism of traditional measures of performance
Develop a MAUT model to assist in the selection process. Develop an AHP model to assist in the selection process.
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