Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

To be effective, a project manager must possess all of the following competencies except ____. personal effectiveness: attitudes, basic personality traits, leadership authority: power or

To be effective, a project manager must possess all of the following competencies except ____.

personal effectiveness: attitudes, basic personality traits, leadership

authority: power or right granted by the organization

performance: what project managers can achieve by applying their knowledge of project management

project management knowledge: understanding of project management tools and techniques Question 2

The project manager: is directly responsible for the results, schedule and budget of the project; is the main communicator; and he must often do things through the power of influence, since his formal power may be limited.

TRUE Fake

Question 3

Which of the following describes a functional structure?

Intermediate strategy; Project and functional managers share responsibility. Advantages: shared resources; cooperation; high quality decisions; knowledge is withheld; effective project integration; flexible.Disadvantages: "two bosses"; slow decision making; conflict; meetings. A matrix can be weak (with the project manager having little decision-making authority), balanced, or strong.

Traditional approach with clear lines of authority depending on the type of work. Advantages: "one boss"; all work in a discipline reports to the same person; work for the worker when the project is finished; Knowledge is withheld. Disadvantages: slow communication; technically challenging if multiple disciplines are needed.

Where the project manager has full authority; No departments. Advantages: "one boss"; quick communication and decision making; project identity; effective integration into project. Disadvantages: Potential for downtime, prioritizing project norms and culture over parent company, and/or not keeping up with discipline-specific competencies.

All of the above.

Question 4

Project selection can be very simple in a small organization and highly structured in a larger organization. However, all organizations should use the idea of starting with strategic planning, identifying potential projects, using appropriate criteria, and choosing the set of projects that best help the organization achieve its goals.

TRUE

Fake Question 5

The sponsor (SPONSOR) of the project is the financial and decision-making authority, behaviors change with the demands or the stage of the project.

TRUE Fake

Question 6

The Traditional Project Manager is responsible for delivering the expected results of the project on time and within budget. He must be a flexible and facilitating type of Leader who spends a lot of time communicating and must exhibit integrity and judgment. TRUE Fake

Question 7

All of the following are true except:

A portfolio can contain multiple programs and projects.

A project manager has the discretion to make tradeoffs regarding which schedules to pursue.

Projects have a finite timeline, while programs can exist as long as the parent organization does.

A project has a defined time period, budget, and defined resources.

Question 8

Which of the following roles within the project provides resources or support for the project, promotes and protects the project at higher levels of management, and takes an active role in the project from the initiation stage through project closure?

functional manager

project customer

Project team member

project sponsor

Question 9 Which of the following is true of Agile Project Management (AGILE)

Agile is an approach that has gained great popularity in projects where the scope is difficult to define early on and many changes are expected during the project life cycle. It consists of doing one part of the job and then planning the next part instead of planning the whole project from the beginning.

The AGILE project mentality is based on 4 key ideas:

Satisfy the customer by emphasizing products that meet their needs.

Involve all participants through empowerment, cooperation and knowledge sharing.

Facilitate engagement through servant leadership and ongoing communication.

Keep things simple with a reasonable pace and an emphasis on process improvement.

Experienced and motivated team members. There must be a commitment from the owner of the product or client. There must be mutual trust.

All of the above. Question 10

Based on the PMI definition, which of the following is a good example of a project?

Policies and procedures below for the acquisition of an item.

Manufacture of a standard product.

design and launch a new website

use a checklist to perform quality control Question 11

Why is aligning potential projects with the goals of the parent organization the first step in avoiding project failure?

By aligning potential projects with the objectives of the parent organization, a project is much more likely to receive the support of the company's decision makers. This willing acceptance can greatly affect the likelihood that a project will succeed.

The vision is normally a description of a desired future state of the organization that may require several years of effort to achieve. The mission statement should evolve from the vision and be a means to achieve it.

Some potential projects may not be a good fit. Any company that accepts virtually all potential projects will likely waste some of its resources on projects that do not support its organizational goals.

All of the above. Question 12

Projects go through a series of phases as they progress from inception to project closure. The names and number of these phases can vary significantly depending on the organization, the type of application, the industry, or the technology used. These phases create the framework for the project and are collectively referred to as ________.

project life cycle

project management information system (PMIS)

Product life cycle

talent triangle Question 13

According to PMI's Code of Ethics and Professional Conduct, what behaviors do project managers need to exhibit?

Responsibility: take ownership of decisions.

Respect: show great respect for ourselves, others and resources.

Equality and Equity: make decisions and act impartially.

All of the above. Question 14

Company X hires an independent project manager to run a large and expensive project. This project manager has excellent leadership skills and a strong technical understanding of the project. In order for him to optimize each component of the Talent Triangle, what might be a good activity for the project manager at the beginning of his time with Company X?

He must become familiar with the long-term goals of company X.

Organize an icebreaker activity for all team members.

Attend a seminar on advanced leadership techniques.

Email your resume to the company to make sure they are aware of your technical knowledge.

Question 15

An ethical project culture is one in which a spirit of mutual trust prevails and everyone participates with their ideas and effective collaborative relationships within and outside the project team.

TRUE

Fake Question 16

A collection of projects, programs, and operations managed as a group to achieve strategies and objectives are called:

Process

Briefcase

subprogram

Company life cycle

Question 17

Which knowledge area of the PMBOK guide includes the processes necessary to ensure that the project includes all the work required, and only the work required, to complete the project successfully?

quality management

cost management

Scope Management

Risk management

Question 18

To be successful, the project team must be able to assess stakeholder needs and manage their expectations through effective communications. At the same time, they must balance the competing demands between project scope, schedule, budget, risk, quality, and resources, also known as the __________ of the project.

plan elements

Plan deliverables

restrictions

goals

Question 19

Which of the following is a project life cycle model that guides project planning and execution?

Generic Project Life Cycle- Selection and Initiation, Planning, Execution, Closure, and Benefits Realization

Define, Measure, Analyze, Improve, Control (DMAIC)/

Define, Measure, Analyze, Improve, Control (DMAIC)

Agile- Project vision, requirements gathering, multiple sprints, production release

All of the above. Question 20

Why are more organizations using project management? If you were an executive, how would you justify your decision to use project management to the board of directors?

Rapid growth and changes in industries, particularly information and communications technology.

Global competition driving down prices and increasing customer demands for rapid introduction of new products and technologies.

Products and services increasingly complex.

All of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Business Management Creating A Sustainable Competitive Advantage

Authors: Timothy S. Hatten

7th Edition

1544330863, 978-1544330860

More Books

Students also viewed these General Management questions