Final Exam

1. List and discuss at least seven of the primary strategic considerations involved during the project initiation and planning processes. Explain why they are important and how they might be resolved when needed.

2. List and explain some of the most important risk factors to consider during project execution, monitoring, and controlling. What role does culture play in this process and how can these factors be mitigated?

3. Thoroughly explain why culture is critically important to implementing a project driven organization and most importantly, how management can create an organization of behavioral excellence.

4. Explain the types and purpose of a Project Management Organization or Department within an organization. What role can the PMO play in helping to ensure project excellence? What are some informal tactics that a PMO can perform to ensure a strong project management team? During your discussion, list any negatives that may occur as the result of a PMO.

Project Management Institute (PMI). (2013). A guide to the project management body of knowledge (PMBOK® Guide), (5th ed.). Newton Square, PA: Author.