A firm begins its strategic business initiative of developing
a new business model that will allow the firm to deliver an
eflcient, tailored service to its customers. To accomplish
this, the firm initiates a business management project.
Which aspect of project management applies to this firm's
Interdependent Tasks
project?
Independent operations
Interdependent tasks
Regulatory concept
External environment
A firm begins its strategic business initiative of developing
a new business model to enhance its competitiveness.
What can be identified as a strategic business initiative for
this firm?
Improvement in product design
Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning
A firm begins a strategic business initiative of developing
a new business model that will allow the firm to deliver an
eflcient, tailored service to its customers.
Director of operations Project sponsor
Production supervisor
Project sponsor
Financial controller
Which group is included in the five process groups?
Risk process group
Closing process group Closing process group
Communication process group
Quality process group
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What does PRINCE2 stand for?
PRoject INsights for CompEtitiveness
PRojects IN a Competitive Environment PRojects IN a Controlled Environment
PRoject INsights and CompEtencies
PRojects IN a Controlled Environment
Which PMBOK process group is described as the delivery
part of project management where the main activity hap-
pens?
Planning Executing
Executing
Controlling
Closing
Which advantage does the functional (departmentalized)
organizational structure provide for a firm with multiple
projects?
Lines of authority are clear.
Lines of authority are clear.
The project customer is the only focus.
It is eflcient for collaboration and cooperation between
departments.
Each project is managed holistically.
Which two organizations are examples of organizations
with the functional organizational structure?
Microsoft
The U.S. Department of State (1) The U.S. Department of State and (2) The U.S Depart-
The U.S. National Aeronautics and Space Administration ment of Energy
(NASA)
The U.S Department of Energy
Google Inc.
An organization expects to use a project management
oflce (PMO) to support multiple projects that will be im-
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plemented within a projectized organizational structure.
Which implied ettect is a benefit to this organization?
Project team members retain their functional responsibil-
ities.
Project team members gain access to historical data from
Project team members become full-time employees.
other projects.
Project team members gain access to the newest tech-
nologies and skill sets.
Project team members gain access to historical data from
other projects.
Regardless of the organizational structure used to man-
age a project, an organization elects to use a project
management oflce (PMO). Which benefit will this orga-
nization gain?
Projects will coordinate resource usage by monitoring the
status of shared resources. Projects will coordinate resource usage by monitoring the
Projects will define the organization's corporate strategy status of shared resources.
in the project charter.
Projects will receive a 10% managerial reserve fund to
cover warranty back charges.
Projects will eliminate the costs incurred from having to
follow corporate procedures.
During a certain project phase, specific blueprints are
drawn and approved, materials and labor costs are es-
timated, prototypes are created, and work activities and
tasks are identified. Also, quality expectations, measure-
ments, and costs are defined. During which project phase
Planning
do these activities occur?
Defining
Planning
Executing
Closing