Describe project context.
The external and internal business environments, including stakeholder's interests and
influences.
When carrying out a VUCA analysis of project options, which factors need to be considered to
identify risks in each option?
Current knowledge, available data and level of confidence in outcome.
Which org structure achieves greatest flexibility in the use of human resources?
Project
What is one of the most important risks an organisation may face when using a product
structure?
When the project is completed individuals may leave the project en masse and the organisation
will lose accumulated learning.
For a very high-value, highly complex project, scheduled to take a number of years to complete,
the most likely structure suitable to deliver such an initiative would be:
project - because it would need clear project management processes, roles and responsibilities
so that teams become technically proficient.
Which stakeholders are likely to form the main part of a project steering group/board?
Sponsor, supplier representative, user representative
When the majority of PMO functions are delivered under the control of the
project/programme/portfolio manager, this could be described as a:
embedded PMO.
How does having a business case help an organisation?
It provides a recognised framework by which project spending proposals can be recorded,
reviewed and audited to learn lessons about how efficiently the organisation is deploying funds
to achieve its targeted returns.