How can a manager use the calculated slopes?

Comparing the slopes shows which activities to reduce to lessen direct cost

The phenomenon of highly cohesive groups to lose critical thinking

What is correct for a cost-duration graph?

It can be used before the project begins, It can be used during the project

Request of proposal is:

A open request for outsourcing for relevant vendors or contractors

Which of these factors do NOT contribute to high performing teams?

Teams that are larger than 10 members

What is an example of using inspiration-related currencies?

Being involved in a task that has larger significance for society

What is correct for the term stakeholders?

They can be negatively or positively impacted by the project's result, They are actively involved in the project

How do organizational currencies work to influence stakeholders?

By providing services for others in exchange for future services

During the defining stage, which is the key points for conflict

Priorities, Administrative Procedures & Schedules

What risk can be found when crashing activites?

It can lead to employee fatigue, It can result in overallocation of resources, It can lead to slack reduction, and actually delay the project, Errors can surface at a higher rate

What is an example of using relationship-related currencies?

Providing closeness and friendship

The stages of Team Development are (In order)

Forming/Storming/Norming/Performing/Adjourning

What is the difference between the old and new view of managing projects?

Old = Focused on planning and directing team, new = engaging stakeholders

Why can it be important to have top management support?

To win loyalty of team members, PM's have to be advocates for the projects

What is an example of using personal-related currencies?

Letting others have ownership and influence.

Transferring of business functions or processes

Which of these is a normal reason for reducing project duration?

To adapt to unforeseen delays, To reduce time-to-market

What does fast tracking mean?

Critical activities are done in parallel rather than sequentially

Which of the following is not a part of Positive Synergy

Members have lackluster standards of performance

What management style is used by PM's to build relationships?

Management by wandering around (MBWA)

How can a strong leader compensate for its managerial weaknesses?

Having trusted assistants who oversee and manage the details of the project

How can a project manager build his/hers cooperative network?

By using organizational influence currencies

What does incentive contracts do?

Rewards the reduction of project duration

What ethical dilemmas might a PM deal with?

Compromising safety standards to accelerate progress

How can goverment agencies be a stakeholder in a project (most usual situation)?

They can place constrains, such as need for permits or safety standards

Why is it important for a PM to have high emotional intelligence (EQ)?

Need emotional control for constructive response when things get chaotic

What does it mean when a PM needs to have "systems thinking"?

Not focusing on every part of the project separately, but how they interact

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Kap. 9-12 Project Management

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Questions 70

Answers

1
How can a manager use the calculated slopes?
Comparing the slopes shows which activities to reduce to lessen direct cost
Comparing the slopes shows which activities are the slowest to complete
Comparing the slopes helps in identifying potential areas for outsourcing
Comparing the slopes can show the impact of scope changes on project costs
2
What is NOT an example of competence in a PM?
Communication competence
Interpersonal competence
Organizational competence
Task-related/Technical competence
3
What is the aim of Establishing ground rules?
Creating Tracking Decisions
Making planning decisions
Creating Scope decisions
Creating relationships decisions
4
Group think is:
The phenomenon of highly cohesive groups that gain critical thinking
The phenomenon of highly cohesive groups to lose critical thinking
5
What is correct for a cost-duration graph?
It keeps direct costs at the forefront
It can be used before the project begins
It keeps resource allocation and time at the forefront
It can be used during the project
6
The shortest possible time in which an activity can realistically be completed is called...
Fast-track time
Reduction time
Crash time
Critical time
7
Request of proposal is:
A direct proposal to TWO - FIVE vendors
A open request for outsourcing for relevant vendors or contractors
A closed proposal
A direct proposal to ONE vendor
8
How can a manager see which stakeholders the project depends on?
By making a cost-duration graph
By drawing a dependency map
By drawing an interest matrix
By drawing a gantt-chart
9
Which of these factors do NOT contribute to high performing teams?
Members serve from beginning to the end
Teams that are larger than 10 members
The project includes a compelling project
Members report solely to their project managers
10
Which of these is NOT a usual stakeholder?
Suppliers
Contractors
Competitors
Customers
11
Environmental protest groups can be stakeholders in a project
FALSE
TRUE
12
Storming is marked by low internal conflict
TRUE
FALSE
13
Any reduction in project duration means a reduction in...
Direct costs
Both indirect and direct costs
Indirect costs
14
Positive & Negative Synergy can be seen in daily operations in Project Teams
FALSE
TRUE
15
Examples of Project Rewards includes all except:
In-team recognition
Letter of recommendation
Flexibility
Job Assignments
16
Does inventing options lead to mutual gains
TRUE
FALSE
17
What is an example of using inspiration-related currencies?
Giving personal and emotional backing.
Helping with existing projects or undertaking unwanted tasks
Being involved in a task that has larger significance for society
Expressing appreciation.
18
What is correct for the term stakeholders?
They can be negatively or positively impacted by the project's result
They all report to the project manager
They don't affect the project and its activities
They are actively involved in the project
19
How do organizational currencies work to influence stakeholders?
By using hierarchical authority to enforce compliance
By offering monetary incentives to stakeholders for their participation
By establishing formal contracts to regulate stakeholder interactions
By providing services for others in exchange for future services
20
Downsides to outsourcing include all except:
Loss of control
Less Conflicts
Security Issues
Coordination Breakdowns
21
During the defining stage, which is the key points for conflict
Schedule, Workforce, Technical
Technical, Workforce, Priorities
Priorities, Administrative Procedures & Schedules
22
A steeper slope means it will cost less to shorten one time unit
FALSE
TRUE
23
What risk can be found when crashing activites?
It can lead to employee fatigue
It can result in overallocation of resources
It can lead to slack reduction, and actually delay the project
Errors can surface at a higher rate
24
What is ultimately the main measurement of project success?
Customer Satisfaction
Scope
Budget
Time
25
What is an example of using relationship-related currencies?
Providing opportunities for linking with others
Helping with existing projects or undertaking unwanted tasks
Providing closeness and friendship
Acknowledging effort
26
The stages of Team Development are (In order)
Norming/Performing/Adjourning/Measuring/Planning
Storming/Formning/Normning/Adjourning/Performing/Rolling
Forming/Storming/Norming/Performing/Adjourning
Storming/Boating/Floating/Rolling/Norming
27
What is the difference between the old and new view of managing projects?
Old = focus on planning and directing team, new = focus on deliverables
Old = Focused on planning and directing team, new = engaging stakeholders
Old = Focus on engaging stakeholders, new= focus on directing project team
Old = focused on planning, new= focus on deliverables
28
The performing stage of team development is marked by a fully functional team
TRUE
FALSE
29
Why can it be important to have top management support?
To speed up team members getting recognized by upper management
To win loyalty of team members, PM's have to be advocates for the projects
To save time for other projects
To simplify the process of getting things approved
30
What is an example of using personal-related currencies?
Providing organizational as well as technical knowledge.
Providing opportunities for linking with others
Lending or giving money
Letting others have ownership and influence.
31
What is outsorcing?
Increase of workload
Decrease in workload
Acquisition of business functions or processes
Transferring of business functions or processes
32
Which of these is a normal reason for reducing project duration?
To adapt to unforeseen delays
To save time for other projects
To reduce time-to-market
To save strain on employees
33
A Project Kick-off Meeting is critical for the early function of the team
TRUE
FALSE
34
Benefits of outsourcing include all except:
Guaranteed agile workflow
Cost Reduction
Faster Project Completion
Flexibility
35
What does fast tracking mean?
Implementing agile project management methodologies
Critical activities are done in parallel rather than sequentially
Prioritizing non-critical tasks over critical ones
Expediting the delivery of project documentation
36
Which of the following is not a part of Positive Synergy
Team identifies talents and expertise
Members have lackluster standards of performance
Roles are balanced
Common Purpose
37
What management style is used by PM's to build relationships?
Management by engaging people (MBEP)
Management by wandering around (MBWA)
Active Leadership Method (ALM)
Collaborative Management Approach (CMA)
38
It's naïve to assume that all teams can be high performing
TRUE
FALSE
39
How can a strong leader compensate for its managerial weaknesses?
Having trusted assistants who oversee and manage the details of the project
Ignoring weaknesses and focusing solely on showcasing strengths
Avoiding delegation of tasks and decision-making responsibilities
Micromanaging every aspect of the project to ensure perfection
40
How can a project manager build his/hers cooperative network?
By micromanaging the team members
By using his/hers authority to delegate tasks
By using the organizational communication plan
By using organizational influence currencies
41
What is an example of using task-related currencies?
Acknowledging effort
Lending or giving money
Letting others have ownership and influence
Providing closeness and friendship
42
What does incentive contracts do?
Rewards the reduction of project duration
Facilitates cost-saving measures through resource smoothing
Encourages team collaboration and communication
Ensures adherence to quality standards and specifications
43
What ethical dilemmas might a PM deal with?
Having to cut down the project duration significantly
Being pressured to deliver things outside the scope
Having to split their time between several projects
Compromising safety standards to accelerate progress
44
"Good PMs take action before it is needed to prevent small concerns from escalating into major problems"
Proactivity
Optimism
Personal integrity
Business thinking
45
How can goverment agencies be a stakeholder in a project (most usual situation)?
They can place constrains, such as need for permits or safety standards
They approve funding and establish priorities
They can challenge or put pressure on project work
Provide the necessary resources for project completion
46
Reducing the time of an activity increases the cost of the activity
TRUE
FALSE
47
During the planning stage, which is the key point for conflict
Schedule
Technical
Priorities
Workforce
48
Is Seperating the people from the problem best practice in negotiations?
FALSE
TRUE
49
Why is it important for a PM to have high emotional intelligence (EQ)?
Need emotional control to endure the ups and downs
Need emotional control to see the good in each situation
Need emotional control for effective communication between parties
Need emotional control for constructive response when things get chaotic
50
What does it mean when a PM needs to have "systems thinking"?
Not focusing on every part of the project separately, but how they interact
Not focusing on the human aspect of project, but on the technical side
Understanding each and every small detail of the project
Focusing on each part of the project in a linear order
51
Which of these is NOT a method to reduce project duration, when resources are not constrained?
Scheduling overtime
Adding resources
Outsourcing project work
Increasing project scope
52
The crash cost represents how much an activity costs to complete in normal time
FALSE
TRUE
53
Which part pf am RFP specifies the physical/operational features for the project deliverables?
Statement of Work (SOW)
Project Schedule
Type of contract
Deliverable Specifications/Requirements
54
How does leading by example work?
A PM's behaviour and acts influences how team members act aswell
Critiquing team members actions without showing wanted behaviors or actions
the PM assigns tasks without actively participating in project activities
55
The Project Managers role in development of High performance teams is NOT:
Assign conflict handling ambassadors
Creating a shared mission
Conduct meetings
Recruiting members
56
Is focusing on Interests not Positions best practice in negotiations?
TRUE
FALSE
57
Which one is a risk when reducing scope, while trying to reduce duration?
It can lead to an increase in project complexity
It could delay project milestones
It can increase the strain on employees
It can reduce the value of the project
58
Project vision unlike project scope involves less tangible aspects
TRUE
FALSE
59
A Key factors a PM should NOT consider when recruiting a team is:
Family Situation
Political Connections
Problem Solving Ability
Credibility
60
Which of these is NOT a method to reduce project duration, when resources are constrained?
Improving team efficiency
Reducing project scope
Decreasing the project budget
Fast tracking
61
What is the project cost-duration graph used for?
Identifying resource allocation efficiency
Comparing additional cost alternatives for benefits
Estimating the cost breakdown for each project phase
Tracking project progress over time
62
In what industry is speed a very important factor in projects?
Automobile industry
High-tech industries
Medical industry
Agriculture
63
What is an example of using position-related currencies?
Sharing tasks that increase skills and abilities.
Giving a task or assignment that can result in promotion
Giving personal and emotional backing
Providing organizational as well as technical knowledge.
64
..... represents cost per unit of time
Slope
Path
Activity crash point
Incline
65
Key factors of managing dysfunctional conflict include all except:
Mediate
Accept
Arbitrate
Forsee
66
When facilitating Group Decision Making, the main parts include all except:
Reaching a middle-ground
Generating Alternatives
Following-Up
Identifying Problems
67
Management and leadership mean the same things
FALSE
TRUE
68
What does establishing norms NOT do:
Encourage bullying
Maintain confidentiality
Foster acceptance for trouble
Foster fun aswell as hard work
69
How can you reduce cost of a project, if time is not an issue?
Outsourcing activites, or whole project
Delay project completion
Reducing project scope
Have owner take on more responsibility
70
All organizational currencies can be used on all stakeholders
TRUE
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Kap. 9-12 Project Management Flashcards | StudBud