Organization Strategy And Project Selection
This question bank verified by Studydeets
Questions Bank
- Modern Project ManagementOrganization Strategy and Project SelectionOrganization: Structure and CultureDefining the ProjectEstimating Project Times and CostsDeveloping a Project PlanManaging RiskScheduling Resources and CostsReducing Project DurationBeing an Effective Project ManagerManaging Project TeamOutsourcing: Managing Interorganizational RelationsProgress and Performance Measurement and EvaluationProject ClosureInternational ProjectsAn Introduction to Agile Project Management
Question 1
Free
Multiple Choice
Which of the following is NOT true about an organization's strategy?
Choose correct answer/s
Strategy determines how an organization will compete.
Strategy is implemented through projects.
Only top management must understand strategy.
Project selection should be clearly aligned with strategy.
Project management plays a key role in supporting strategy.
Check answer
Question 2
Free
Multiple Choice
A project selection process that is strongly linked to strategy results in
Choose correct answer/s
The most profit.
Better utilization of the organization's resources.
More projects.
A larger and more diverse organization.
Stronger core competencies.
Check answer
Question 3
Free
Multiple Choice
Which of the following is NOT true about organizational politics?
Choose correct answer/s
Project managers should not engage in organizational politics.
Politics can have a significant influence on which projects receive funding.
Politics exist in every organization.
Politics can influence project selection.
Politics can play a role in the aspirations behind projects.
Check answer
Question 4
Free
Multiple Choice
Which of the following terms is often used to denote a project that a powerful, high-ranking official is advocating?
Choose correct answer/s
Sacred cow
Pet project
Political necessity
Special undertaking
Strategic ploy
Check answer
Question 5
Free
Multiple Choice
Why do project managers need to understand their organization's mission and strategy?
Choose correct answer/s
To reduce project duration and increase the number of projects implemented
So they can make appropriate decisions and adjustments and be effective project advocates
It is only important for senior management to understand the organization's mission and strategy.
To get their job done and increase opportunities for promotion
So that they can make sure the customer is satisfied
Check answer
Question 6
Multiple Choice
Project managers who understand the role that their project plays in accomplishing the organization's strategy will be inclined to do all of the following EXCEPT
Choose correct answer/s
Demonstrate to senior management how their project contributes to the firm's mission.
Explain to team members why certain project objectives and priorities are critical.
Explain to stakeholders why certain project objectives and priorities are critical.
Be able to respond appropriately to delays and/or questions about product design.
Be able to focus on problems or solutions if the project is a low priority strategically.
To unlock the question
Question 7
Multiple Choice
All of the following are symptoms of organizations struggling with strategy disconnect and unclear priorities EXCEPT
Choose correct answer/s
Frequent conflicts between managers.
Inadequate resources.
Confused employees regarding which projects are more important.
Not enough projects within the portfolio to make a profit.
People are working on multiple projects and feel inefficient.
To unlock the question
Question 8
Multiple Choice
Which of the following problems refers to lack of understanding and consensus of organization strategy among top and middle-level managers? This also can result when top management formulates strategy and leaves implementation to functional managers.
Choose correct answer/s
Multitasking
Organization politics
Implementation gap
Resource conflicts
Employee turnover
To unlock the question
Question 9
Multiple Choice
Which of the following is NOT true for strategic management?
Choose correct answer/s
It should be done once every few years just before developing the operating plan.
It supports consistency of action at every level of the organization.
It develops an integrated and coordinated long-term plan of action.
It positions the firm to meet the needs of its customers.
It involves responding to changes in the external market and allocating scarce resources to improve a competitive position.
To unlock the question
Question 10
Multiple Choice
Which of the following is the correct order for the strategic management process?
Choose correct answer/s
Strategies, mission, objectives, projects
Objectives, projects, mission, strategies
Mission, strategies, objectives, projects
Objectives, mission, strategies, projects
Projects, mission, strategies, objectives
To unlock the question
Question 11
Multiple Choice
Which of the following questions does the organization's mission statement answer?
Choose correct answer/s
What are our long-term strategies?
What are our long-term goals and objectives?
How do we operate in the existing environment?
What do we want to become?
All of these are answered by the mission statement.
To unlock the question
Question 12
Multiple Choice
Which of the following is NOT one of the traditional components found in mission statements?
Choose correct answer/s
Major products and services
Profitability
Target customers and markets
Geographic domain
Contribution to society
To unlock the question
Question 13
Multiple Choice
Which of the following is NOT one of the characteristics of effective objectives?
Choose correct answer/s
Realistic
Assignable
Flexible
Specific
Measurable
To unlock the question
Question 14
Multiple Choice
In order to formulate strategies that align with the mission some of the activities the organization will need to perform are
Choose correct answer/s
Assess internal strengths and weaknesses.
Analyze competitors.
Examine the external environment.
Know their core competencies.
All of these should be considered when formulating strategies.
To unlock the question
Question 15
Multiple Choice
The assessment of the external and internal environments is called _______ analysis.
Choose correct answer/s
SWOT
Competitive
Industry
Market
Strategic
To unlock the question
Question 16
Multiple Choice
Which of the following would be classified as an organizational external threat?
Choose correct answer/s
Slowing of the economy
Excellent employees
Poor product quality
Declining facilities
High labor costs
To unlock the question
Question 17
Multiple Choice
Which of the following would be classified as an organizational opportunity?
Choose correct answer/s
Low debt
Excellent employees
Increasing product demand
Talented management
Government regulation
To unlock the question
Question 18
Multiple Choice
Which of the following is NOT one of the requirements for successful implementation of strategies through projects?
Choose correct answer/s
Allocation of resources
Prioritizing of projects
Motivation of project contributors
Adequate planning and control systems
Quality management
To unlock the question
Question 19
Multiple Choice
Which of the following is NOT a problem associated with the absence of a project portfolio system?
Choose correct answer/s
Organizational politics
Lack of funding
Resource conflicts
Multitasking
Implementation gap
To unlock the question
Question 20
Multiple Choice
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
Choose correct answer/s
Poor scheduling.
Excess work burden.
Flexible tasking.
Multitasking.
Burnout.
To unlock the question