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1. The mission statement describes the organization in terms of what it would like to be in the future. A. True B. False 2. _
1. The mission statement describes the organization in terms of what it would like to be in the future. A. True B. False 2. _ is the science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objective. A. Organizational Management B. Project Management C. Strategic Management D. Business Culture 3. Financial models used during the selection process include all of the following except: A. Net Present Value B. Discounted Payback C. Payback period D. External Rate of Return 4. One of the scoring model's weaknesses is that it depends on the relevance of the selecting criteria and the accuracy of the weight given. A. True B. False 5. All of the following are weaknesses of project management when creating a dedicated project team using a project structure except: A. Concerns about the future by team members once the project end B. Loyalty to the project C. Expensive D. Maintain a pooled supply of intellectual capital E. Loyalty to the organization 6. What matrix is helpful to see the links between the project and the organization's strategy? A. Threats-Opportunities-Weaknesses-Strengths B. RACI C. Probability Impact Matrix D. Power Influence Matrix 7. Organizational structure consists of the following elements except: A. Effective communications across departments B. Formal reporting relationships C. Spam of control of managers and supervisors D. Grouping of individuals into departments E. Integration of projects across stakeholders 8. Flexibility is not a consideration when evaluating screening models used to select projects. A. True B. False 9. All of the following are examples of external stakeholders except: A. Clients B. Team members C. Consumers D. Competitors E. Contractors 10. Organizational culture is formed by all of the following except: A. Geographic location B. Technology C. Environment D. All members of the organization E. Rules and Procedures
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