IT Project Management: On Track from Start to Finish, Third Edition > Working with Management > Quiz Answers - Pg. : Safari Books Online

Table of Contents

Download Safari Books Online apps: Apple iOS | Android

Entire Site

Safari Books Online is a digital library providing on-demand subscription access to thousands of learning resources.

This Book

IT Project Management: On Track from Start to Finish, Third Edition

IT Project Management: On Track from Start to Finish, Third Edition

Search

Contents

URL

Help

Quiz Answers

1.	B. The most important thing in a presentation is not the audience, it is the message. The presentation must be clear, concise, and to the point. The technology being presented and the time of the presentation are both important elements, but they are not the most important things in the presentation.
2.	A. Marty is working in a functional structure. Your clues in the question include that Marty is called a project coordinator—something that’s common in a functional structure. Tom’s involvement with the project team is another clue that this is a functional structure. Finally, the project team members have regular operational duties to complete, so you can reason that this is not a projectized organization.
3.	C. McGregor’s Theory of X and Y says that X workers are lazy and unwilling to work. Y workers are self-led, have initiative, and are willing to work. Harold demonstrates this belief by putting confidence in his team to complete their project work.
4.	A. A murder board is a management-driven board that reviews potential projects to determine which project will likely be the most successful for the organization. An organizational governance board review the policies, procedures, and financial audits of a project.
5.	D. Matrix structures have higher communication requirements than the projectized or functional structure. This is because the project team members come from across the organization and are likely to work on multiple projects at once. The project managers must communicate with the functional managers, the other project managers, and the project team members to coordinate schedules, activities, and resource utilization.
6.	C. Always include an executive summary. As you give your presentation, the executive summary allows the audience to read over the quick facts of the project and get an idea of where the project will end. It also documents the goals and overview of the project for individuals who may not be able to attend your presentation.
7.	C. You can use the future value formula to determine the minimum amount that Frank’s project should be worth. In this instance the formula is $300,000(1.1236), as the interest rate is six percent and the project will last for two years. If Frank’s project is worth less than $337,080, it’s not a good financial decision for the organization to make.
8.	C. Management should be supportive but not authoritarian or hands on.
9.	A. Hertzberg’s Theory of Motivation defines hygiene agents, which must exist first, as the expectation of the employee. A paycheck must exist for the worker as a hygiene agent before she’s likely to be motivated for other rewards and incentives.
10.	A. The present value can be found by using the formula future value/(1+i)ⁿ where i is the interest rate and n is the number of time periods. In this instance, it’s $575,000/(1.2624), for a value of $455,453.
11.	B. The review at the end of a phase has many names, but of all the choices only the tollgate approval is the correct choice. While it’s true that the tollgate approval is part of organizational governance, organizational governance includes many other components and is not the most exact of all the choices.
12.	C. This is a kickoff meeting to discuss the project objectives and establish the project’s direction. A kickoff meeting is not an opportunity to request scope changes or debate the project’s merit.
13.	D. Standards are guidelines while regulations are requirements. You can change or deviate from some standards in a project, but you must always follow the related regulations or there will be fines and penalties.
14.	A. Of all the choices, net present value analysis is the best choice because net present value allows you to consider the cash flow inflow and time value of money for each time period of the project.
15.	A. A scoring model is a benefit measurement method that assigns points to defined categories of projects. The project which receives the most points is the project that is selected, funded, and initiated. Incidentally, project managers can use a scoring model when it comes to vendor selection as part of the procurement process.

You are currently reading a PREVIEW of this book.

Get instant access to over
$1 million worth of books and videos.

Start a Free Trial