Beruflich Dokumente
Kultur Dokumente
4. Question: (TCO C) The following acronyms are used in a network diagram: LS, ES, LF, and EF. What do these acronyms mean, how are they
calculated, and how would a project manager use these in relationship to project schedule and budget?
Version 2 (Taken 2012)
1. Question: (TCO A) You work for Holt consulting company, which has been asked to recommend organizational improvements for CDC
Software Company. You have been assigned to present PPM. Your boss has informed you that CDC Software Company knows nothing about PPM
and you will need to cover the items below in your presentation. What is a PPM? Compare PPM, PgM, and Project level Benefits of each
(PPM, PgM, and Project) Why should CDC Software Company implement a PPM?
2. Question: (TCO B) In project orientation it is important to determine both the project needs from the projects perspective and from the
organizations perspective. From the projects perspective, the main areas of concern are project scoping, project programming, and project
autonomy. In your own words, explain what is meant by project autonomy.
3. Question: (TCO C) The program management life cycle was developed to not only ensure successful realization of organizational/program
strategies but also to create a process to plan, identify, and resolve specific cost, schedule, or quality problems associated with the program. The
five phases of the program life cycle are formulation, organization, deployment, appraisal, and dissolution. In your own words, describe the
appraisal phase and how it aids in planning, identifying, and resolving specific cost, schedule, or quality problems associated.......
4. Question: (TCO C) The following acronyms are used when working with project budget or schedule: PV, AC, EV, & BAC. Define these
acronyms, explain how they are calculated, and how they are used to measure or explain the projects budget and schedule.
PROJ 587 Week 6 Quiz
Version 1 (Taken 2014)
1. Questions: (TCO D) As a project manager, dealing with conflict is part of the job. There are many sources of conflict; one source that is often
overlooked is the manager. Based on the Week 4 reading and lecture, what major ways do people deal with conflict? Share a personal experience
of conflict and how you dealt with the situation.
3. Questions: (TCO E) In order to have a high-performance team you must first recognize the qualities of a high-performance team. Describe at
least five qualities of a high-performance team and then what can be done to develop those qualities in a team.
4. Questions: (TCO F) The PMI Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of
responsibility and what it means for you, the project manager.
5. Questions: (TCO F) When developing a stakeholder matrix, the portfolio manager must look at the portfolio governance in order to complete
the stakeholder analysis. In your own words, what is the role, interest and expectations of the governance?
Version 2 (Taken 2014)
1. Question: (TCO D) As a project manager, dealing with conflict is part of the job. There are many sources of conflict; one source that is often
overlooked is the manager. Based on the Week 4 reading and lecture, what major ways do people deal with conflict? Share a personal experience
of conflict and how you dealt with the situation.
2. Question: (TCO E) In order to have a high-performance team you must first recognize the qualities of a high-performance team. Describe at
least five qualities of a high-performance team and then what can be done to develop those qualities in a team.
3. Question: (TCO F) The PMI Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of respect
and what it means for you, the project manager.
4. Question: (TCO F) Value management (VM) is the application of value methodologies with the purpose of improving organizational
effectiveness. Value management is made up of five subprocesses: sensemaking, ideation, elaboration, choice, and mastery. In your own words,
explain what mastery is and how it is used in VM.
PROJ 587 Week 8 Final Exam
Version 1
1. The objective of a portfolio is to allow the organization to be focused, responsive, and agile. The ability to pick the right projects and make the
right investments is critical for a business success. Every portfolio has three main goals: a. Strategic alignment and direction b. Portfolio value
maximization c. Balance risk versus rewards
2. A. Inventory: The first step in the new PPM process is to evaluate the existing project inventory. B.Analyze: In the identification process, the
inventory of projects and programs are assembled. C. Project Prioritization and Selection. D. Optimize: After prioritization is complete, further
assessment still needs to be done. E. Mobilize: When the inventory, analysis, prioritization, and optimization phases are complete, it is then time to
set in motion the decisions made for the portfolio.
3. A. Critical chain project management (CCPM). This is a variation on traditional CPM methods, focusing on methods for sharing
contingency. B. Critical Path Scheduling (CPM) programs. These are the basic tools for scheduling and tracking projects. C. Buffer: are a key part
of the schedule and how it is managed. D.Challenges associated with implementing CCPM:
4. Augustines 4 questions A. Is it Legal? B. If someone else did this to you, would you think that it was fair? C.Would you be content if this
were to appear on the front page of your hometown newspaper? D. Would you like your mother to see you do this?
5. NPV: - Expected Commercial Value - Balanced Scorecard
6. 1. Level 1 - Common Language: 2. Level 2 - Common Processes: 3. Level 3 - Singular Methodology: 4.Level 4 - Benchmarking: 5. Level 5 Continuous Improvement:
Version 2
1. (TCO B) Some believe that a project management office (PMO) is nothing more than yet another level of management with the associated
added cost and bureaucracy. Project Management experts tell us that this is a good thing. Which of these points of view is correct, and how do
you.... (Points : 20)
2. (TCO B) One of the most traumatic decisions a project manager must sometimes make is to cancel a project. In an article titled "How to Fail In
Project Management without Really Trying," Business Horizons Reprint No. BH010, the following (whimsical but true) reasons that projects go
out of control were identified:In this class, we've examined many tools and techniques for avoiding most of these pitfalls. Pick any TWO of
these and discuss the specific....(Points : 20)
3. (TCO B) Your company has a PMO, and it has now decided to incorporate project portfolio management. Part 1: What is the difference
between a PMO and a PPM? Part 2: Who should participate in implementing the PPM? (Points : 20)
4. (TCO E) Part 1: List the five levels of maturity in the Project Management Maturity Model (PMMM). Part 2: Describe each level and discuss
whether each level can overlap with another level, and also define its level of risk. (Points : 20)
5. (TCO G) Part 1: What are the basic principles behind the AGILE process? Part 2: What is the PMs role under the AGILE process? (Points : 20)
6. (TCO C) You have been hired to establish a PMO in your IT department. You will report directly to the CIO. You have been a member of a
failed PMO. You understand why PMOs fail and what you will do to enhance the success of your PMO. Make sure to discuss at least four reasons
that contribute to a failure and how you will overcome it......(Points : 40)
7. (TCO D) Two of your best program managers are in a heated debate on the best way to resolve the situation to recover a project. Neither is
willing to budge from his or her stand. What are some of the steps you will take to diffuse the situation? Explain your answers. In your answer,
make sure you focus on the modes of conflict and conflict resolution. (Points : 40)
8. (TCO E) You have just been assigned to a program. Your team will be responsible for building a new financial system. You have just gone over
the program charter and discovered that your program will have to integrate completely with another company's customer service, network,
marketing, legal,Would you recommend a pure project, matrix, or functional team? Why? What are some important organizational
considerations when forming the project team? What are the key advantages and disadvantages of your choice? (Points : 40)
9. (TCO F) Your company just finished delivering a software product to the client. In writing a summary report and checking a minor discrepancy,
you uncover an error made by the testing team. It looks like an honest mistake. You realize that you could have caught it earlier had you checked
out the discrepancy when it first appeared.....(Points : 40)
10. (TCO G) Critical Chain implementation requires a culture shift within an organization to make it successful. Part 1: Why is this statement
true? Part 2: What about Critical Chain makes it unique from other scheduling techniques? Part 3: How does it address some of the "human
nature" aspects of traditional project scheduling? (Points : 40)