Exam 2: Organization Strategy and Project Selection

A) Demonstrate to senior management how their project contributes to the firm's mission.
B) Explain to team members why certain project objectives and priorities are critical.
C) Explain to stakeholders why certain project objectives and priorities are critical.
D) Be able to respond appropriately to delays and/or questions about product design.
E) Be able to focus on problems or solutions,even if the project is a low priority strategically.

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A) FUBAR
B) ARR
C) IRS
D) IRB
E) None of these

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A) Strategy determines how an organization will compete
B) Strategy is implemented through projects
C) Only top management must understand strategy
D) Project selection should be clearly aligned with strategy
E) Project management plays a key role in supporting strategy

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A) Frequent conflicts between managers.
B) Inadequate resources.
C) Confused employees regarding which projects are more important.
D) Not enough projects within the portfolio to make a profit.
E) People are working on multiple projects and feel inefficient.

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