ANSWERS.
What is a functional organisation structure? -correct answer -BAU
- has functional departments headed by functional managers, any projects are
co-ordinated at a senior level
What is a matrix organisation structure? -correct answer -This is on a scale
depending on the number of projects and organisation has. This provides a
balance of authority between department heads and project managers. Projects
are resourced by pulling full/part-time staff from the departments
What is a project organisation structure? -correct answer -This is used in
consultancies where the sole role is to deliver projects.
The pm has full authority.
What are the responsibilities of the project sponsor? -correct answer -- Own
business case
- Define investment aims
- Specify musts and wants
- Obtain approval for expenditure
- Justify funding
- Define success criteria
,What are the responsibilities of the project manager? -correct answer -- Deliver
the project keeping to time, cost and quality
- Make or force timely decisions
- Define and plan the project
- Monitor and control project progress
- Build, lead and motivate the team
- Keep sponsor and senior management informed
- Recommend termination if justified
What does MOSCOW stand for? -correct answer -Mo - Must have S - Should
have
Co - Could have
W - Want
Name 2 types of requirement -correct answer -- Functional
- Non-functional
Name 2 types of resource -correct answer -- Consumable
- Re-usable
What is resource levelling? -correct answer -Scheduling activities such that a
defined resource limit is not exceeded.
, What is resource smoothing? -correct answer -Used when the end date is fixed
and resources are to be expended to meet that end date.
Name 4 types of project related costs -correct answer -- Committed
- Accruals
- Actual Costs
- Forecast out-turn costs
What is a committed cost? -correct answer -This is when the project has
already committed to spending money e.g. with a supplier, but has not yet
paid for the work.
What is an accrual? -correct answer -This is when the project has received work
from a supplier but has not yet been invoiced for this.
What is an actual cost? -correct answer -This money has already been paid out
of the project budget.
What is a forecast out-turn cost? -correct answer -This is the total committed
costs, accruals and actual costs plus the estimate cost of the remaining work
packages.