1. Which of the follow is not one of the commonly heard comments of project managers?
A. Where did this project come from?
B. Why are we doing this project?
C. How can all these projects be first priority?
D. Why is this project so strongly linked to the strategic plan?
E. Where are we going to get the resources to do this project?
2. Strategy considered to be under purview of senior management is
A. Old school thinking
B. A new school of management thought
C. Necessary in a company structure
D. Beneficial to the Project Manager
E. Depended on company goals
3. A critical factor to ensure the success of integrating the strategic plan with projects lies in a process that
A. Is open and published for all participants to review
B. Starts with top management’s directives
C. With projects first and integrates them with the strategic plan
D. Both B and C are correct
E. A, B, and C are all correct
4. The intended outcome of strategy/projects integration is
A. Clear organization focus
B. Best use of scare organization resources
C. Improved communication across projects and departments
D. Both A and C are correct
E. A, B, and C are all correct
5. Which of the following is a main reason why project managers need to understand their organization’s mission and strategy?
A. They can better focus on the immediate customer
B. They can make appropriate decisions and adjustments
C. So they can be effective project advocates
D. Both B and C are correct
E. A, B, and C are all correct
6. Project managers who do not understand the role that their project plays in accomplishing the organization’s strategy tend to make all the following mistakes except:
A. Focusing on low priority problems
B. Overemphasizing technology as an end in and of itself
C. Focusing on the immediate customer
D. Trying to solve every customer issue
E. All the above are likely mistakes
7. In today’s business environment, project managers find it valuable to have a keen understanding of
A. Strategic management
B. Technical issues
C. Project selection process
D. Both A and C are correct
E. A, B, and C are all correct
8. The textbook indicated that ________ is the major dimension of strategic management.
A. Responding to changes in the external market
B. Allocating scarce resources of the organization
C. Beating competition to the market
D. Both a and b are correct
E. Both a and c are correct
9. Which of the following is not true for strategic management?
A. It should be done once each year just before developing the operating plan
B. It supports consistency of action at every level of the organization
C. It develops an integrated and coordinated long-term plan of action
D. It positions the firm to meet the needs of its customers
E. All of these are true statements
10. Which of the following is the correct order for the strategic management process?
A. Strategies, mission, goals, projects
B. Goals, projects, mission, strategies
C. Mission, goals, strategies, projects
D. Goals, mission, strategies, projects
E. Projects, mission, strategies, goals