Chapter 2 MGMT 4880
17. Consider the information provided in Figure 2-1. Based on the results in the project selection and prioritization matrix
which project would you select if you were limited to selecting only one project?, Project B
10. All of the following factors should be assessed to determine an organization's ability to perform projects EXCEPT:
Do teams and individuals follow instructions well?
1.Which of the following statements concerning strategic analysis is true?
External analysis focuses on the threats and opportunities facing the organization.
13. Which of the following statements correctly describes a weakness associated with the financial project selection model?
Payback period models do not consider the profit to be realized after the costs are paid.
6. All of the following statements concerning project portfolios are true EXCEPT:
Portfolios cannot include operations and programs.
12. Which of the following statements best describes the contemporary use of financial models and scoring models for project selection?
These methods are often used together to ensure financial and non-financial factors are both considered.
7. Portfolios deal with all of an organization's projectswhile programs deal with
a specific group of related projects
9. The document that describes why the project is needed
and may include estimated costs and benefits, is called a:, business case
2. All of the following factors influence the opportunities and threats an organization must consider when performing a strategic analysis
employees
14. All of the following criteria serve as a valid basis for identifying potential projects in most organizations EXCEPT:
internal politics
19. Once selected projects have been prioritized
it is time to assign resources to projects based on their order of priority. Resources could include all of the following EXCEPT:, quality metrics
11. All of the following represent appropriate sources to identify new potential projects EXCEPT:
lessons learned from previous projects
8. Portfolio management helps an organization achieve its strategic goals in all of the following ways EXCEPT:
managing ongoing projects
5. Many writers have stated that effective objectives should be:
measurable - to track progress
20. Which of the following is NOT a typical source selection criterion that an organization would use to evaluate potential contractors?
personalities
21. All of the following organizations can effectively use a scoring model to select and prioritize competing projects EXCEPT:
program management office
3. A clear and compelling vision will have all the following characteristics EXCEPT:
provides detailed roadmap for managing a project
22. All of the following may be negotiated between a client company and a contractor EXCEPT:
selection criteria for scoring models
4. Which of the following responses most accurately depicts the correct sequence of activities in the strategic planning process?
strategic analysis - guiding principles - strategic objectives - flow-down objectives
15. Based on the information provided in Figure 2-1
which criterion is most important to the leadership team?, strategic fit
16. Based on the information provided in Figure 2-1
which project has the highest probability of success?, Project B
18. Based on the information provided in Figure 2-1
which project is least attractive based on the strategic fit?, Project D
