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PROJECT MANAGEMENT THE MANAGERIAL PROCESS SOLUTION MANUAL 2026 ASSESSMENT SCRIPT DETAILED RESPONSES COMPREHENSIVE REVIEW

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PROJECT MANAGEMENT THE MANAGERIAL PROCESS SOLUTION MANUAL 2026 ASSESSMENT SCRIPT DETAILED RESPONSES COMPREHENSIVE REVIEW

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PROJECT MANAGEMENT THE MANAGERIAL
PROCESS SOLUTION MANUAL 2026
ASSESSMENT SCRIPT DETAILED RESPONSES
COMPREHENSIVE REVIEW

◉ Project Management Institute (PMI).
Answer: Founded in 1969, it's headquartered in Newton, PA, and has
member chapters on every continent (except Antarctica). Publishes
foundational and practice standards and is the largest in the world.
Pg 22


◉ Association for Project Management (APM).
Answer: A UK-based charter organization that is the largest
professional body of its kind in Europe. Formed in 1972, it's
membership is primarily limited to the United Kingdom. Pg 22


◉ International Project Management Association (IPMA).
Answer: the world's first project management association, founded
in 1965. The leading authority on competent project, programme,
and portfolio management (PPPM) Pg 22


◉ AXELOS, Ltd.

,Answer: a joint venture between the government of the United
Kingdom and Captia PLC. It was formed to manage and grow a
number of standards and associated certifications developed by the
Cabinet office, including ITIL (Information Technology
Infrastructure Library), PRINCE2, and Managing Successful
Programs (MSP). Pg 22


◉ Functional (Departmentalized) Organization pros/cons.
Answer: Pros: Lines of authority are clear; work is easily prioritized
by identified departmental authority


Cons: Utilizing resources across functions can be difficult; project is
not managed holistically


◉ Projectized Organization pros and cons.
Answer: Pros: Clear lines of authority; project is managed
holistically; gain historical data from prior projects.


Cons: Approach is expensive because of the duplication of
personnel; SME assigned may not have the most appropriate
knowledge or expertise for the project


◉ Matrix Organization pros and cons.
Answer: Pros: Central focus is the project; issues are responded to
quickly.

, Cons: Requires cooperation and coordination between and among
functional departments and project managers; resource balancing
between projects can lead to friction.


◉ project management office (PMO).
Answer: A process for determining if the level of documentation and
best practices followed in project execution. Pg 26


◉ Project Management Maturity Level.
Answer: Determined by the comprehensiveness of written
procedures to accomplish tasks in each of the process areas
identified by PMI. Pg 26


◉ alignment.
Answer: Term used to describe connecting project outcomes to
company goals. Pg 30


◉ Realistic.
Answer: Model is appropriate to the level of resources available, the
operating environment, and capabilities of the company. Pg 31


◉ Capable.

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