Intermittent scanning of the external environment is required when managing organization strategy.

Question 1The __________ financial model measures the current value of all cash inflows using management’s minimum desired rate of return.

Question 2Which of the following is NOT one of the requirements for successful implementation of strategies through projects?

Question 3Which of the following terms is often used to denote a project that a powerful, high-ranking official is advocating?

Question 4All of the following are symptoms of organizations struggling with strategy disconnect and unclear priorities EXCEPT

Question 5Which of the following is NOT true when managing a portfolio system?

Question 6Why do project managers need to understand their organization’s mission and strategy?

Question 7Which of the following is the correct order for the strategic management process?

Question 8Project managers should not engage in organizational politics.

Question 9The assessment of the external and internal environments is called the SWOT analysis.

Question 10Which of the following is NOT a problem associated with the absence of a project portfolio system?

Question 11Which of the following would be classified as an organizational threat?

Question 12The first step in the Strategic Management Process is to set long-range goals and objectives.

Question 13The following are responsibilities of the governance team when managing a portfolio system EXCEPT

Question 14Examples of nonfinancial criteria include all of the following EXCEPT

Question 15Which of the following questions does the organization’s mission statement answer?

Question 16Many organizations have three different kinds of projects in their portfolio: compliance, operational, and sacred cows.

Question 17Organizational objectives set targets for all levels of the organization not just for top management.

Question 18The assessment of the external and internal environments is called _______ analysis.

Question 19Which of the following is NOT true for strategic management?

Question 20Which of the following is NOT one of the characteristics of effective objectives?

Question 21Susie’s department is implementing many projects. She finds herself starting and stopping work on one task to go and work on another task, and then return to the work on the original task. Susie is experiencing

Question 22 Project selection criteria are typically classified as

Question 23The NPV financial model measures the time it will take to recover the project investment.

Question 24One who endorses and lends political support for the completion of a specific project is known as the

Question 25Intermittent scanning of the external environment is required when managing organization strategy.

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