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PROJ587 Final Exam

PROJ587 Final Exam

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Author: Christine Farr
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1. (TCO B) Some believe that a project management office (PMO) is nothing more than yet another level of management with the associated added cost and bureaucracy. Project Management experts tell us that this is a good thing. Which of these points of view is correct, and how do you (in your own words, though you may cite your readings to support your view as necessary) justify your conclusion? Remember that business thinks primarily in terms of dollars and benefit/cost ratios. (Points : 20)
2. (TCO B) One of the most traumatic decisions a project manager must sometimes make is to cancel a project. In an article titled "How to Fail In Project Management without Really Trying," Business Horizons Reprint No. BH010, the following (whimsical but true) reasons that projects go out of control were identified:
1. Ignore the project environment, including stakeholders
2. Push a new technology to market too quickly
3. Don't bother building fallback positions
4. When problems occur, shoot the one most visible
5. Let new ideas starve to death from inertia
6. Don't bother conducting feasibility studies
7. Never admit a project is a failure
8. Over-manage project managers and their teams
9. Never, never conduct post-failure reviews
10. Never bother to understand project trade-offs
11. Allow political expediency and infighting to dictate crucial project decisions
12. Make sure the project is run by a weak leader
3. (TCO B) Your company has a PMO, and it has now decided to incorporate project portfolio management. Part 1: What is the difference between a PMO and a PPM? Part 2: Who should participate in implementing the PPM? (Points : 20)
4. (TCO E) Part 1: List the five levels of maturity in the Project Management Maturity Model (PMMM). Part 2: Describe each level and discuss whether each level can overlap with another level, and also define its level of risk. (Points : 20)
5. (TCO G) Part 1: What are the basic principles behind the AGILE process? Part 2: What is the PM’s role under the AGILE process? (Points : 20)
6. (TCO C) You have been hired to establish a PMO in your IT department. You will report directly to the CIO. You have been a member of a failed PMO. You understand why PMOs fail and what you will do to enhance the success of your PMO. Make sure to discuss at least four reasons that contribute to a failure and how you will overcome it. Also provide recommendations for assuring the success of a PMO implementation. (Points : 40)
7. (TCO D) Two of your best program managers are in a heated debate on the best way to resolve the situation to recover a project. Neither is willing to budge from his or her stand. What are some of the steps you will take to diffuse the situation? Explain your answers. In your answer, make sure you focus on the modes of conflict and conflict resolution. (Points : 40)
8. (TCO E) You have just been assigned to a program. Your team will be responsible for building a new financial system. You have just gone over the program charter and discovered that your program will have to integrate completely with another company's customer service, network, marketing, legal, new development, procurement, and your own, IT.


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