Project management chapter 4
When a company captures best practices in project mangement and relates it to the methodology, then the company can develop ‘Golden Rules in Project Management’. Group of answer choices True False
When a company captures best practices in project mangement and relates it to the methodology, then the company can develop ‘Golden Rules in Project Management’. Group of answer choices True False
One barrier to implementing a project management methodology is when only part of the company sees a benefit in using the methodology and the rest of the company wants to do its own thing. Group of answer choices True False
By using project management methodologies, determining the best number of life-cycle phases is easy as they are the same for every project. Group of answer choices True False
Benefits in establishing a standard project management methodology are: Group of answer choices a. Decreased cycle time and longer ‘time to market’ b. Realistic plans of meeting time frames and not needing to treat the customer as a partner. c. Faster ‘time to market’ and less emphasis on communication on what is expected. Decreased cycle time and emphasis on customer satisfaction.
When choosing the right methodology for a project, an important factor to consider is: Group of answer choices a. How much money the company can afford to spend on project management software. b. The size of the project team. c. The personality of the project leader. d. The location of the company.
Choose the correct answer: The reason that project methodologies fail is: Group of answer choices a. Executives have a poor understanding of what a methodology is. b. Methodologies don’t have any performance metrics. c. Methodologies take too long to complete because of bureaucracy and administration. d. All of the above.
Project management methodologies must be established internally in the Project Management Office. External factors do not have an influence on the success or failure of a company’s project management methodology and should not be considered. Group of answer choices True False
Identifying a project management methodology is critical because without this, repetitive successfully completed projects may be difficult to achieve. Group of answer choices True False
Project management education developed only within the project management office is the fastest way to accelerate maturity and success in project management. Group of answer choices True False
Illuminating how project management caused a project to succeed benefits the entire organization rather than expounding on project’s success. Group of answer choices True False
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