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Strayer BUS375 Project Management Process and Decision Making

This assignment covers project management processes and decision-making techniques, emphasizing their role in business success.

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    Project Management Process and Decision Making Strayer BUS375 Midterm part 1 and 2 Question 1 Which of the following is not one of the PMBOKâ Guide's five process groups? Answer Feasibility studies Planning Execution Closure 4 points Question 2 In which life cycle phase do project sponsors become most actively involved in the project? Answer Initiation Execution Monitor and control Closure 4 points Question 3 When team members take direction from both the project and line managers, the type of project manager is usually Answer Lightweight team leader Heavyweight team leader Tiger team leader Leopard team leader 4 points Question 4 Which of the following is normally not one of the traditional components of the triple constraint? Answer Within time

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    Within cost Within performance (Scope, technology or quality) Accepted by the customer 4 points Question 5 Which of the following is normally not part of a team member’s role? Answer Accepting responsibility for a deliverable Sharing information with the sponsor Sharing information with the team Completing the work at the earliest possible time. 4 points Question 6 Historically, which functional organization provided the greatest resistance to project management implementation? Answer Sales Procurement Information Systems/ Technology Engineering 4 points Question 7 Project management restructuring allowed companies to manage projects that _____. Answer Could not be handled by the traditional organization Had undefined objectives Did not require effective cost control Require little functional integration 4 points Question 8 During the 1970s and 1980s, formal project management practices were put in place because the constraints were _____ and _____ boundaries had to be crossed Answer Loose; several

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    Loose; few Tight; several Tight; few 4 points Question 9 Which of the following is not necessarily an obstacle to effective project management? Answer Changes in technology Changes in project sponsorship Increased project complexity Unstable economy 4 points Question 10 If a company advertises on television that they consider themselves as a solution provider to satisfy your business needs, then their driving force was most likely: Answer Competitiveness Customer expectations Efficiency and effectiveness Executive understanding 4 points Question 11 With the project expeditor organizational structure, the expeditor is usually brought on board: Answer At the beginning of the project At the end of the first life cycle phase When the project is 50% complete When a problem arises 4 points Question 12 In which organizational form are the formal and informal organizations well established? Answer Traditional Strong matrix

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    Balanced matrix Weak matrix 4 points Question 13 In which organizational form is there no customer focal point? Answer Traditional Projectized Strong matrix Weak matrix 4 points Question 14 Which organizational structure generally retains team members long after they are needed? Answer Projectized Strong matrix Balanced matrix Weak Matrix 4 points Question 15 Before becoming a project manager within a matrix organization, training should be provided in all of the following except: Answer Matrix operations Wage and salary administration Problem - solving Role definitions 4 points Question 16 According to the text, the “next generation” project manager must exhibit skills in all of the following except: Answer Integration skills Risk management skills

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