Question A theory is a direction in a project that contributes to the success an
ID: 376043 • Letter: Q
Question
Question A theory is a direction in a project that contributes to the success and survival of the project in its environment and aligns with the goals of the project's parent organization. True False Question 10 Which of the following statements is true concerning program stakeholders? a. Prioritize stakeholder interests, but remember that these interests may change over time b. Stakeholder concerns should never be included in your budget as they may change over time c. All stakeholders should be treated equally d. Stakeholder influence in a project is much more important than stakeholder interest Question 11 Which of the following is not a key internal stakeholder of a program? a. Program Employees b. Project managers in the program c. Government regulatory agencies d. Performing organization Question 12 Which of the following groups are stakeholders in a large scale program? a. Project Teams b. Project Managers c. Program Sponsors d. Program Governance Board e. All of the above f a and b onlyExplanation / Answer
Ans. 9 Absolutely TRUE, a theory ensures that the business objectives are in line with the pre-decided goals and objectives of the organization and all stakeholders agree to the stated goals, also it plays a major role in the successful implementation of desired ideas to achieve goals.
Ans. 10 A. is the correct answer, as an organization we have to definitely think and honor the interests of the stakeholders and should give them adequate priority, having said that we need to acknowledge the fact that in a project of longer duration the demands and requirements of stakeholders may vary as per the business decisions and hence priority should be given but it should also be seen as that their interest may vary with time.
Ans. 11 Government regulatory agencies are external stakeholders and are not a key internal stakeholder. Program employees and project manager are key internal stakeholders as they are the people at the helm of affairs and are very closely integrated with the project.
Ans.12 E is the correct answer as all of them are key stakeholders and are affected directly or indirectly by the project. Project teams and managers are the people who actually do the entire work; also sponsors have invested their money and are concerned about the progress and end results of the project.