QUESTIONS

Strategy considered to be under purview of senior management is

Old school thinking
A)
A new school of management thought
B)
Necessary in a company structure
C)
Beneficial to the Project Manager
D)
Dependent on company goals
E)

The intended outcome of strategy/projects integration is

Clear organization focus
A)
Best use of scarce organization resources
B)
Improved communication across projects and departments
C)
Both A and C are correct
D)

ANS: A

A, B, and C are all correct

ANS: E

E)

Project managers who do not understand the role that their project plays in
accomplishing the organization's strategy tend to make all the following mistakes
except:
Focusing on low priority problems
A)
Overemphasizing technology as an end in and of itself
B)
Focusing on the immediate customer
C)
Trying to solve every customer issue
D)
All the above are likely mistakes

ANS: E

E)

The textbook indicated that ________ is the major dimension of strategic management.
Responding to changes in the external market
A)
Allocating scarce resources of the organization
B)
Beating competition to the market
C)
Both a and b are correct
D)
Both a and c are correct
E)

ANS: D

Strategy formulation includes which of the following activities?

Determining alternatives
A)
Creating profitability targets
B)
Evaluating alternatives
C)
Both a and c are correct
D)
A, B, and C are all correct

ANS: D

E)

The assessment of the external and internal environments is called _______ analysis.
SWOT analysis
A)
Competitive
B)
Industry
C)
Market
D)

Strategic

ANS: D

E)

Which of the following is not one of the requirements for successful implementation of
strategies through projects?
Allocation of resources
A)
Prioritizing of projects
B)
Motivation of project contributors
C)
Adequate planning and control systems
D)
All of these are requirements

ANS: E

E)

Susie's department is implementing many projects. She finds herself starting and
stopping work on one task to go and work on another task, and then return to the work
on the original task. Susie is experiencing
Poor scheduling
A)
Excess work burden
B)
Flexible tasking
C)
Multitasking
D)
Burnout

ANS: D

E)

Project selection criteria are typically classified as:

Financial and non-financial
A)
Short-term and long-term
B)
Strategic and tactical
C)
Required and optional
D)
Cost and schedule

ANS: A

E)

1
0

Which of the following is the reason(s) why project managers need to understand their
organization's mission and strategy?
To make appropriate decisions and adjustments
A)
To be effective project advocates
B)
To be able to get their job done
C)

Both A and B are correct

D)
A, B, and C are all correct

ANS: D

E)

11

Which of the following is a common multicriteria selection model?

Checklist
A)
Net Present Value
B)
Weighted criteria model
C)
Both A and C are correct
D)
All of these are common multicriteria selection models
E)

ANS: D