Question 9: The CEO of your organization is considering the strategic reasons th
ID: 416648 • Letter: Q
Question
Question 9: 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
10: 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
11: 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.
Question 12: All of 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.
Question 13: 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.
Question 14: 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.
Question 15: 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
Question 16: 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 .
Explanation / Answer
Question 9: 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
While the rest all of the options are strategic considerations before picking up a project, Return on Investment is rather a financial consideration than a strategic consideration that is undertaken to evaluate the financial viability of the project. In other options, the demands of the customer and market needs to be matched with that of the Company’s forecasted strategic goals while in case of the strategic opportunity, the project itself could be authorized.
10: 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
Project management office is such a team that is assigned with the responsibility of forming such a support team that aids the overall functions of the Project management as well gives an assurance delivering the Project on time.
11: 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.
Providing a project manager with daily progress reports on a specific project is a routine operation activity whereas in case of PMO, the function is to offer such advanced services as a support team for various projects rather than to just one specific project. In this regard, this option cannot be its primary function.
Question 12: All of 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.
Monitoring and controlling are the functions of the process groups while in case of the product life cycle, it is concerned with the how to develop a new product, design the same and even to reach till its last phase of recycling or to the closing out phases.