MBA 745 - Module 2 Exam Questions and Answers Latest Update 2025-2026
1. Identify desirable characteristics which promote success and positive outcomes
2. Establish a scoring technique which quantifies each characteristic
3. Score possible projects to determine their viability - Answers what is the three step approach
for lean project scorecards
candidates for action - Answers High scoring projects become:
dropped or refined to improve their score - Answers Low scoring projects are:
Alignment
Value
Resources - Answers identify the desirable characteristics which will be used to systematically
approve new projects. These characteristics can vary by organization, but will often include 3
areas:
Project Characteristic - Answers An important aspect of the project which helps the team
determine if this idea is a great fit for lean.
Alignment - Answers a scorecard should examine how the project supports organizational
strategy and methodologies.
-This will involve knowing the alignment in terms of:
Strategic Initiatives
Scope
Lean Toolbox
3 to 5 - Answers Ideally, your leadership team has identified ________________ strategic initiatives
which have been designed to achieve your organization's vision and mission.
3 to 6 - Answers Beyond supporting a strategic initiative, a great project will have a reasonable
scope. Something which can be accomplished in ____________ months will generally have a
higher chance of success.
specify value - Answers _____________ is lean principle number 1. It should be front and center
when evaluating any potential project.
Customer Value
Stakeholder Value
, Amount of Waste
Return on Investment - Answers A project scorecard will often seek an understanding of:
Project Champion or Coach
Project Manager or Problem Solver
Project Team or Subject Matter Experts - Answers For resources The things to know up front
involve:
project champion - Answers executive is willing and able to own the leadership role and
delegate the management role.
project manager - Answers -often the person who completes the scorecard.
-role is not a show stopper. You can still complete a scorecard and highlight the need for this
resource.
Establish Scoring Technique - Answers After identifying characteristics, you need to define how
you will measure each one
1. priority
2. determine possible answers and points
3. calculate weighted score (priority x points awarded) - Answers what are the steps when
establishing a scoring technique?
True - Answers (T/F) If you have a great project, then the justification section of your project
charter should clearly state benefits exceed costs.
a responsibility of the project champion - Answers The success of a lean project requires you to
organize for success by having the right structure in place and the right people assigned to all of
the required roles.
Getting organized for success is:
False - Answers (T/F) A great thing, to tuck away, in your project charter appendix is the detailed
value stream map showing your vision of the future.
True - Answers (T/F) The primary driver of the costs, in your project charter, is closing the gap
between your current state and your desired state.
prepare for disruption as warranted - Answers Risk management includes the need to assess
risks, balance risks versus costs, and:
False - Answers (T/F) The desired situation, in your project charter, should be limited to hard
1. Identify desirable characteristics which promote success and positive outcomes
2. Establish a scoring technique which quantifies each characteristic
3. Score possible projects to determine their viability - Answers what is the three step approach
for lean project scorecards
candidates for action - Answers High scoring projects become:
dropped or refined to improve their score - Answers Low scoring projects are:
Alignment
Value
Resources - Answers identify the desirable characteristics which will be used to systematically
approve new projects. These characteristics can vary by organization, but will often include 3
areas:
Project Characteristic - Answers An important aspect of the project which helps the team
determine if this idea is a great fit for lean.
Alignment - Answers a scorecard should examine how the project supports organizational
strategy and methodologies.
-This will involve knowing the alignment in terms of:
Strategic Initiatives
Scope
Lean Toolbox
3 to 5 - Answers Ideally, your leadership team has identified ________________ strategic initiatives
which have been designed to achieve your organization's vision and mission.
3 to 6 - Answers Beyond supporting a strategic initiative, a great project will have a reasonable
scope. Something which can be accomplished in ____________ months will generally have a
higher chance of success.
specify value - Answers _____________ is lean principle number 1. It should be front and center
when evaluating any potential project.
Customer Value
Stakeholder Value
, Amount of Waste
Return on Investment - Answers A project scorecard will often seek an understanding of:
Project Champion or Coach
Project Manager or Problem Solver
Project Team or Subject Matter Experts - Answers For resources The things to know up front
involve:
project champion - Answers executive is willing and able to own the leadership role and
delegate the management role.
project manager - Answers -often the person who completes the scorecard.
-role is not a show stopper. You can still complete a scorecard and highlight the need for this
resource.
Establish Scoring Technique - Answers After identifying characteristics, you need to define how
you will measure each one
1. priority
2. determine possible answers and points
3. calculate weighted score (priority x points awarded) - Answers what are the steps when
establishing a scoring technique?
True - Answers (T/F) If you have a great project, then the justification section of your project
charter should clearly state benefits exceed costs.
a responsibility of the project champion - Answers The success of a lean project requires you to
organize for success by having the right structure in place and the right people assigned to all of
the required roles.
Getting organized for success is:
False - Answers (T/F) A great thing, to tuck away, in your project charter appendix is the detailed
value stream map showing your vision of the future.
True - Answers (T/F) The primary driver of the costs, in your project charter, is closing the gap
between your current state and your desired state.
prepare for disruption as warranted - Answers Risk management includes the need to assess
risks, balance risks versus costs, and:
False - Answers (T/F) The desired situation, in your project charter, should be limited to hard
