Ask Operation Management Expert

1: The CEO of your organization is considering the strategic reasons the company has for approving your project proposal. At times he seems confused about the definition of strategic consideration . Which of the following is not a strategic consideration for authorizing a project?

A: Strategic opportunity

B: Return on investment (ROI)

C: Customer demand

D: Market demand Question

2: The team, or function, assigned responsibility for the centralized and coordinated management of projects within an organization is known as what?

A: Project headquarters

B: Program management office

C: Project management office

D: War room Question

3: Your organization has employed a person to head the PMO. During your first meeting with her, you discuss the extent of her roles and responsibilities to fully explain what tasks she will be responsible for and those she won’t be responsible for. Which of the following is not a primary function of a project management office?

A: Providing a project manager with daily progress reports on a specific project.

B: Managing shared resources across several projects.

C: Identifying and developing project management methodologies, best practices, and standards.

D: Coordinating communication across projects.

4: If the following are points where projects can intersect with operational activity during the product life cycle except?

A: During development of a new product.

B: While monitoring and controlling.

C: During improvements in operations.

D: In closeout phases.

5: What is the best description of the relationship between project management and organizational strategy?

A: Organizational strategy ensures that projects are delivered successfully due to the way in which it appoints a qualified project manager.

B: Organizational strategy enables a project manager to provide appropriate governance to the entire project life cycle.

C: Organizational strategy and project management don’t interact because one is operational in nature and the other is project based.

D: Organizational strategy should provide guidance and direction to project management, and project management should deliver organizational strategy by successful project delivery.

6: Your team seems confused about roles and responsibilities in the project that you are leading. They are particularly confused about your role as project manager. How would you explain the primary purpose of your role?

A: The person responsible for budget control.

B: The person responsible for delivery of technical tasks.

C: The person assigned by the performing organization to achieve the project objectives.

D: The person responsible for sharing resources among projects.

7: While using the PMBOK ® Guide to help you define and carry out processes on your project, you notice that a very common input into nearly all the processes is enterprise environmental factors. Which of the following examples would not be considered an enterprise environmental factor?

A: Government or industry standards or regulations

B: Political climate

C: Net present value of investment

D: Project management information systems

8: You have volunteered your time to help your organization’s PMO carry out an assessment of your organization using the OPM3 tool. What does OPM3 measure?

A: The interdependency of projects within a program of work.

B: The level of variance between project management best practice and the actual application.

C: The ability of a project manager to successfully deliver a project.

D: An organization’s project management maturity level.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93073905

Have any Question?


Related Questions in Operation Management

Conflictdefine functional versus dysfunctional conflict in

Conflict Define functional versus dysfunctional conflict in a work group and explain how you can increase functional conflict and decrease dysfunctional conflict. Develop a response that includes examples and evidence to ...

For this assignment you will need to find 2 articles in

For this assignment, you will need to find 2 articles in business that can help describe what are IT strategic initiative being undertaken by an organization are like. Choose a different organization for each of the arti ...

Coping with problems joe is a little nervous he has just

Coping With Problems Joe is a little nervous. He has just been transferred from another plant to take over a production line. Production is down and there is a serious problem with absenteeism. To make matters worse, the ...

Over 30 years ago michael porter identified a holistic

Over 30 years ago Michael Porter identified a holistic approach to understanding how competitive forces shape strategy. He posited that the only way to truly insulate an organization from underlying economic volatility i ...

You are the contracting officer for an air-to-ground

You are the contracting officer for an air-to-ground missile development program. A contract for pre-production models of the missile was awarded by your predecessor and the contractor is behind schedule. In a program me ...

The ikea case provides an excellent opportunity to apply

The IKEA case provides an excellent opportunity to apply strategic management concepts to a large privately-held company that is expanding into India. IKEA is a Netherlands-based Swedish company with a presence in 44 cou ...

Can you answer for me the following questions about social

Can you answer for me the following questions about social loafing and the three main causes of free-riding. 1. Give a description of the phenomenon of social loafing. 2. Give a description of the phenomenon of free-ridi ...

1 analyzing the bridgestonefirestone and ford motor company

1. Analyzing the Bridgestone/Firestone and Ford motor company, is it sufficient to use the ISO/QS 9000 standards as the main basis of vendor/product selection? 2. What position to these cars company ( 1. Volkswagen, 2. F ...

Research the effect of primary and secondary seat belt laws

Research the effect of primary and secondary seat belt laws on the occurrence of motor-vehicle injuries and fatalities. Explain how epidemiologic studies influenced the development of current seat belt laws. Describe how ...

Please provide a brief paragrap of the key takaways from

Please provide a brief paragrap of the key takaways from each of the following topics: Designing Clear Visuals in business reports Designing Successful Documents and Websites Writing Winning Proposals

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As