Chapter02OrganizationStrategyandProjectSelection

1.Whichofthefollowisnotoneofthecommonlyheardcommentsofprojectmanagers?
A.Wheredidthisprojectcomefrom?
B.Whyarewedoingthisproject?
C.Howcanalltheseprojectsbefirstpriority?
D.Whyisthisprojectsostronglylinkedtothestrategicplan?
E.Wherearewegoingtogettheresourcestodothisproject?
2.Strategyconsideredtobeunderpurviewofseniormanagementis
A.Oldschoolthinking
B.Anewschoolofmanagementthought
C.Necessaryinacompanystructure
D.BeneficialtotheProjectManager
E.Dependedoncompanygoals
3.Acriticalfactortoensurethesuccessofintegratingthestrategicplanwithprojectslies
inaprocessthat
A.Isopenandpublishedforallparticipantstoreview
B.Startswithtopmanagement'sdirectives
C.Withprojectsfirstandintegratesthemwiththestrategicplan
D.BothBandCarecorrect
E.A,B,andCareallcorrect
4.Theintendedoutcomeofstrategy/projectsintegrationis
A.Clearorganizationfocus
B.Bestuseofscareorganizationresources
C.Improvedcommunicationacrossprojectsanddepartments
D.BothAandCarecorrect
E.A,B,andCareallcorrect
5.Whichofthefollowingisamainreasonwhyprojectmanagersneedtounderstand
theirorganization'smissionandstrategy?
A.Theycanbetterfocusontheimmediatecustomer
B.Theycanmakeappropriatedecisionsandadjustments
C.Sotheycanbeeffectiveprojectadvocates
D.BothBandCarecorrect
E.A,B,andCareallcorrect
6.Projectmanagerswhodonotunderstandtherolethattheirprojectplaysin
accomplishingtheorganization'sstrategytendtomakeallthefollowingmistakesexcept:
A.Focusingonlowpriorityproblems
B.Overemphasizingtechnologyasanendinandofitself
C.Focusingontheimmediatecustomer

D.Tryingtosolveeverycustomerissue
E.Alltheabovearelikelymistakes
7.Intoday'sbusinessenvironment,projectmanagersfinditvaluabletohaveakeen
understandingof
A.Strategicmanagement
B.Technicalissues
C.Projectselectionprocess
D.BothAandCarecorrect
E.A,B,andCareallcorrect
8.Thetextbookindicatedthat________isthemajordimensionofstrategicmanagement.
A.Respondingtochangesintheexternalmarket
B.Allocatingscarceresourcesoftheorganization
C.Beatingcompetitiontothemarket
D.Bothaandbarecorrect
E.Bothaandcarecorrect
9.Whichofthefollowingisnottrueforstrategicmanagement?
A.Itshouldbedoneonceeachyearjustbeforedevelopingtheoperatingplan
B.Itsupportsconsistencyofactionateveryleveloftheorganization
C.Itdevelopsanintegratedandcoordinatedlongtermplanofaction
D.Itpositionsthefirmtomeettheneedsofitscustomers
E.Allofthesearetruestatements
10.Whichofthefollowingisthecorrectorderforthestrategicmanagementprocess?
A.Strategies,mission,goals,projects
B.Goals,projects,mission,strategies
C.Mission,goals,strategies,projects
D.Goals,mission,strategies,projects
E.Projects,mission,strategies,goals
11.Whichofthefollowingquestionsdoestheorganization'smissionstatementanswer?
A.Whatareourlongtermstrategies?
B.Whatareourlongtermgoalsandobjectives?
C.Howdoweoperateintheexistingenvironment?
D.Whatdowewanttobecome?
E.Alloftheseareansweredbythemissionstatement
12.Whichofthefollowingisnotoneofthetraditionalcomponentsfoundinmission
statements?
A.Majorproductsandservices
B.Profitability
C.Targetcustomersandmarkets

D.Geographicdomain
E.Contributiontosociety

13.Whichofthefollowingisnotoneofthecharacteristicsofeffectiveobjectives?
A.Realistic
B.Assignable
C.Flexible
D.Specific
E.Measurable
14.Strategyformulationincludeswhichofthefollowingactivities?
A.Determiningalternatives
B.Creatingprofitabilitytargets
C.Evaluatingalternatives
D.Bothaandcarecorrect
E.A,B,andCareallcorrect
15.Theassessmentoftheexternalandinternalenvironmentsiscalled_______analysis.
A.SWOTanalysis
B.Competitive
C.Industry
D.Market
E.Strategic
16.Whichofthefollowingwouldnotbeclassifiedasanorganizationalthreat?
A.Slowingoftheeconomy
B.Amaturinglifecycle
C.Poorproductquality
D.Governmentregulations
E.Alloftheseareorganizationalthreats
17.Whichofthefollowingwouldnotbeclassifiedasanorganizationalopportunity?
A.Increasingproductdemand
B.Excellentemployees
C.Emergingmarkets
D.demographics
E.Alloftheseareorganizationalopportunities
18.Whichofthefollowingisnotoneoftherequirementsforsuccessfulimplementation
ofstrategiesthroughprojects?
A.Allocationofresources
B.Prioritizingofprojects

C.Motivationofprojectcontributors
D.Adequateplanningandcontrolsystems
E.Allofthesearerequirements

19.Whichofthefollowingtermsisoftenusedtodenoteaprojectthatapowerful,high
rankingofficialisadvocating?
A.Sacredcow
B.Petproject
C.Politicalnecessity
D.Specialundertaking
E.Strategicploy
20.Susie'sdepartmentisimplementingmanyprojects.Shefindsherselfstartingand
stoppingworkononetasktogoandworkonanothertask,andthenreturntotheworkon
theoriginaltask.Susieisexperiencing
A.Poorscheduling
B.Excessworkburden
C.Flexibletasking
D.Multitasking
E.Burnout
21.Projectselectioncriteriaaretypicallyclassifiedas:
A.Financialandnonfinancial
B.Shorttermandlongterm
C.Strategicandtactical
D.Requiredandoptional
E.Costandschedule
22.Whichofthefollowingfinancialmodelsaretypicallyincludedinprojectselection?
A.Payback
B.Netpresentvalue
C.Internalrateofreturn
D.BothAandBarecorrect
E.A,B,andCareallcorrect
23.Projectsareusuallyclassifiedintoallbutoneofthefollowingcategories.Whichone
isnotoneofthetypicalclassifications?
A.Complianceandemergency
B.Operational
C.Strategic
D.Politicalnecessity

E.Allofthesearetypicalclassifications
24.Whichofthefollowingisnotoneoftheclassificationsforassessingaproject
portfolio?
A.Sacredcow
B.Breadandbutter
C.Pearls
D.Oysters
E.Whiteelephants
25.Aprojectscreeningmatrixtypicallycontainsallofthefollowingexcept:
A.Thelistofavailableprojects
B.Specificcriteria
C.Weightsassignedtospecificcriteria
D.Coststocompleteeachproject
E.Alloftheabovearetypicallycontained
26.Whichofthefollowingisthereason(s)whyprojectmanagersneedtounderstand
theirorganization'smissionandstrategy?
A.Tomakeappropriatedecisionsandadjustments
B.Tobeeffectiveprojectadvocates
C.Tobeabletogettheirjobdone
D.BothAandBarecorrect
E.A,B,andCareallcorrect
27.IntheSnapshotfromPractice,Intel'sCEOhasconcentratedIntel'sstrategytoward?
A.Creatingchipstosupportthedigitaldevicemarket
B.EliminatingAMDasacompetitor
C.StrengtheningIntel'spositioninthePCmarket
D.ExpandingIntel'sinternationalmarket
E.Expandeffortsinthemainframecomputermarket
28.Whichofthefollowingisnottrueofmultiweightedscoringmodels?
A.Willincludequantitativecriteria
B.Willincludequalitativecriteria
C.Eachcriterionisassignedaweight
D.Projectswithhigherscoresareconsideredmoredesirable
E.Alloftheabovearetrue
29.Amajorprojectproposalformwilllikelyincludeallofthefollowingexcept:
A.ProjectClassification
B.Scheduleobjective
C.Majordeliverablesoftheproject
D.Howsuccesswillbemeasured
E.Allofthesearelikelytobeincluded

30.Whichofthefollowingisacommonmulticriteriaselectionmodel?
A.Checklist
B.NetPresentValue
C.Weightedcriteriamodel
D.BothAandCarecorrect
E.Allofthesearecommonmulticriteriaselectionmodels

Chapter02OrganizationStrategyandProjectSelection
1=D
2=A
3=A
4=E
5=D
6=E
7=D
8=D
9=A
10=C
11=D
12=B
13=C
14=D
15=A
16=C
17=B
18=E
19=A
20=D
21=A

22=D
23=D
24=A
25=D
26=D
27=A
28=E
29=B
30=D