Busoba 3230 Final UPDATED ACTUAL
Exam Questions and CORRECT Answers
What is project management? - CORRECT ANSWER - Planning, directing, and
controlling resources (people, equipment, material, etc.) to meet the technical, cost, and time
constraints of the project.
Importance of Teamwork - CORRECT ANSWER - -believe their work matters
-feel the work is personally meaningful
- have clear goals and defined roles
-know that they can depend on eachother
-enjoy "psychological safety"
Critical Path Method (CPM) - CORRECT ANSWER - a project-management tool that
illustrates the relationships among all the activities involved in completing a project and
identifies the sequence of activities likely to take the longest to complete
Minimum Cost Scheduling (Crashing) - CORRECT ANSWER - shortening (or
expediting) some activities within a project to reduce overall project completion time and/or total
cost
Organizing the Project Team - CORRECT ANSWER - Before the project starts, senior
management must decide which of three organizational structures will be used to tie the project
to the parent firm: pure project, functional project, or matrix project.
Pure Project - CORRECT ANSWER - A structure for organizing a project where a self-
contained team works full time on the project.
advantages of pure project - CORRECT ANSWER - -The project manager has full
authority
-Team members report to one boss
, -Shortened communication lines
-Team pride, motivation, and commitment are high
disadvantages of pure project - CORRECT ANSWER - -Duplication of resources
-Organizational goals are secondary
-Weakened functional divisions
-No home - "life after project?"
Functional Project - CORRECT ANSWER - In this structure, team members are assigned
from the functional units of the organization. The team members remain a part of their functional
units and typically are not dedicated to the project.
Matrix Project - CORRECT ANSWER - A structure that blends the functional and pure
project structures. Each project uses people from different functional areas. A dedicated project
manager decides what tasks need to be performed and when, but the functional managers control
which people to use.
Organizing Project Tasks - CORRECT ANSWER - statement of work, task, work
package, project milestone, work breakdown structure, activities
Project - CORRECT ANSWER - a series of related jobs usually directed toward some
major output and requiring a significant period of time to perform
Work breakdown structure (WBS) - CORRECT ANSWER - a hierarchy of the tasks
required to complete a project
Inward and outward facing skills (bridge role) of teams - CORRECT ANSWER - inward:
understanding internal requirements and resolving issues
outward: communication needs & resolving issues with suppliers
Exam Questions and CORRECT Answers
What is project management? - CORRECT ANSWER - Planning, directing, and
controlling resources (people, equipment, material, etc.) to meet the technical, cost, and time
constraints of the project.
Importance of Teamwork - CORRECT ANSWER - -believe their work matters
-feel the work is personally meaningful
- have clear goals and defined roles
-know that they can depend on eachother
-enjoy "psychological safety"
Critical Path Method (CPM) - CORRECT ANSWER - a project-management tool that
illustrates the relationships among all the activities involved in completing a project and
identifies the sequence of activities likely to take the longest to complete
Minimum Cost Scheduling (Crashing) - CORRECT ANSWER - shortening (or
expediting) some activities within a project to reduce overall project completion time and/or total
cost
Organizing the Project Team - CORRECT ANSWER - Before the project starts, senior
management must decide which of three organizational structures will be used to tie the project
to the parent firm: pure project, functional project, or matrix project.
Pure Project - CORRECT ANSWER - A structure for organizing a project where a self-
contained team works full time on the project.
advantages of pure project - CORRECT ANSWER - -The project manager has full
authority
-Team members report to one boss
, -Shortened communication lines
-Team pride, motivation, and commitment are high
disadvantages of pure project - CORRECT ANSWER - -Duplication of resources
-Organizational goals are secondary
-Weakened functional divisions
-No home - "life after project?"
Functional Project - CORRECT ANSWER - In this structure, team members are assigned
from the functional units of the organization. The team members remain a part of their functional
units and typically are not dedicated to the project.
Matrix Project - CORRECT ANSWER - A structure that blends the functional and pure
project structures. Each project uses people from different functional areas. A dedicated project
manager decides what tasks need to be performed and when, but the functional managers control
which people to use.
Organizing Project Tasks - CORRECT ANSWER - statement of work, task, work
package, project milestone, work breakdown structure, activities
Project - CORRECT ANSWER - a series of related jobs usually directed toward some
major output and requiring a significant period of time to perform
Work breakdown structure (WBS) - CORRECT ANSWER - a hierarchy of the tasks
required to complete a project
Inward and outward facing skills (bridge role) of teams - CORRECT ANSWER - inward:
understanding internal requirements and resolving issues
outward: communication needs & resolving issues with suppliers
