CHAPTER TWO The Organizational Context Strategy, Structure, and Culture DISCUSSION QUESTIONS Explain the statement: \"For successful project management, the organizational setting matters 2. Discuss the difference between organizational objectives and strategies. Define the term stakeholder and discuss the major groups of stakeholders. Consider a medium-sized company that has decided to begin using project management in a wide variety of its operations. As part of their operational shift, they arc going to adopt a project mansgement office somewhere within the organization. Make an argument for the type of PMO it should adopt (weather station, control tower, or resource pool). . You are a member of the senior management staff at BCP Corporation. You have historically been using a functional structure set up with four departments: finance, human resource, marketing, and development. The organization 15 moving to matrix structurs. Draw Matrix Organizational structure for the case study. The current 4 projects include: Project A, Project B, Project C, and Project D. The current resources with the departments are as follows: Finance: 5, human resource: 3, marketing: 7, and development: 4. What are three ways that organizational culture impacts project management? EXAM QUESTIONS 1. Describe the four ways that individuals are grouped within an organization? 2. List Block's six steps to stakeholder management? Simple MS Project Exercise (Lab) Draw a Gantt Chart Activity Description Predecessors Duration Build internal components Modify roof and floor Construct collection stack Pour concrete and install frame E Build high-temperature burner - Install pollution control system Install air pollution device Inspect and test