Information Technology Project Management 9th Edition by Kathy Schwalbe Test bank

 c. They provide leadership and direction for project managers heading the projects within a program.
 d. They are responsible solely for the delivery of project results.
 
ANSWER:  c
RATIONALE:  Feedback: A program manager provides leadership and direction for the project managers heading the projects within a program. Program managers also coordinate the efforts of project teams, functional groups, suppliers, and operations staff supporting the projects to ensure that products and processes are implemented to maximize benefits.
POINTS:  1
DIFFICULTY:  Difficulty: Moderate
REFERENCES:  p.19
QUESTION TYPE:  Multiple Choice
HAS VARIABLES:  False
LEARNING OBJECTIVES:  INFO.SCHW.14.4 - LO: 1-4
NATIONAL STANDARDS:  United States - BUSPROG: Analytic
TOPICS:  Program and Project Portfolio Management
KEYWORDS:  Bloom's: Comprehension
DATE CREATED:  4/27/2018 2:53 PM
DATE MODIFIED:  4/27/2018 2:53 PM
 
50. Which goal distinguishes project management and portfolio management?
 a. Project management involves making wise investment decisions whereas portfolio management does not.
 b. Portfolio management is an easy task whereas project management is a more difficult task.
 c. Portfolio management asks questions like, “Are we carrying out projects efficiently?” whereas project management asks questions such as “Are we investing in the right areas?”
 d. Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.
 
ANSWER:  d
RATIONALE:  Feedback: Individual projects often address tactical goals, whereas portfolio management addresses strategic goals. Tactical goals are generally more specific and short-term than strategic goals.
POINTS:  1
DIFFICULTY:  Difficulty: Moderate
REFERENCES:  p.19
QUESTION TYPE:  Multiple Choice
HAS VARIABLES:  False
LEARNING OBJECTIVES:  INFO.SCHW.14.4 - LO: 1-4
NATIONAL STANDARDS:  United States - BUSPROG: Analytic
TOPICS:  Program and Project Portfolio Management
KEYWORDS:  Bloom's: Comprehension
DATE CREATED:  4/27/2018 2:53 PM
DATE MODIFIED:  5/7/2018 6:43 PM
 
51. A difference between strategic and tactical goals is:
 a. strategic goals are more specific than tactical goals.
 b. tactical goals encompass broader dimensions than strategic goals.
 c. tactical goals are more important for a project than strategic goals.
 d. strategic goals are long-term in nature whereas tactical goals are short-term.
 
ANSWER:  d
RATIONALE:  Feedback: Tactical goals are generally more specific and short-term than strategic goals, which emphasize long-term goals for an organization.
POINTS:  1
DIFFICULTY:  Difficulty: Moderate
REFERENCES:  p.19
QUESTION TYPE:  Multiple Choice
HAS VARIABLES:  False
LEARNING OBJECTIVES:  INFO.SCHW.14.4 - LO: 1-4
NATIONAL STANDARDS:  United States - BUSPROG: Analytic
TOPICS:  Program and Project Portfolio Management
KEYWORDS:  Bloom's: Comprehension
DATE CREATED:  4/27/2018 2:53 PM
DATE MODIFIED:  5/8/2018 10:55 AM
 
52. Which of the following questions reflects the strategic goals of project portfolio management?
 a. Are we carrying out projects well?
 b. Are projects on time and on budget?
 c. Are we investing in the right areas?
 d. Do stakeholders know what they should be doing?
 
ANSWER:  c
RATIONALE:  Feedback: Project portfolio management addresses questions such as “Are we working on the right projects?”, “Are we investing in the right areas?”, and “Do we have the right resources to be competitive?”
POINTS:  1
DIFFICULTY:  Difficulty: Moderate
REFERENCES:  p.20
QUESTION TYPE:  Multiple Choice
HAS VARIABLES:  False
LEARNING OBJECTIVES:  INFO.SCHW.14.4 - LO: 1-4
NATIONAL STANDARDS:  United States - BUSPROG: Analytic
TOPICS:  Program and Project Portfolio Management
KEYWORDS:  Bloom's: Comprehension