Question 57 Your management has decided that all orders over $100,000 will be tr

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Question 57 Your management has decided that all orders over $100,000 will be treated as "projects" and that project managers will be used to update orders daily, resolving issues and ensuring that the customer formally accepts the product within 60 davs of completion. Individual orders can vary from between U.S. $100,000 to U.S. $500,000. The project manager will not be required to perform planning and will only provide daily status. How would you define this situation a. This is program management since there are multiple projects involved. b. This is a project because the orders are within a defined range over $100,000 to $500,000 c. This is a recurring process and is not a project or a program d. Because each individual order is a "temporary endeavor," each order is a project. Question 58 In their review of large public works projects over the last century, Flyvbjerg et al. concluded that megaprojects are consistently underestimated due to: a. The desire of the project advocates to have their projects approved b. A fear of being fired if estimates are too high c. Relationships between projects and their sponsors d. Unreasonably aggressive schedules and idiosyncratic features Question 59 Based on the Siemens Case Study, what should they have done differently to avoid the Net Manager crisis? a. Match Siemen's strategy and management of global R&D; b. Make the necessary resource commitment to build new capabilities c. Address differences in environmental factors d. All of the above

Explanation / Answer

57. This is program management since there are multiple projects involved

- Program management is the process of handling several projects

- the manager here just over looks at the project and does not do any planning

58. The Desire of the project advocates to have their projects approved

- Flyvbjerg, in his book clearly states that how promoters mislead parliment and people to get the projects approved

59. Make the necessary resource commitment to build new capabilities

- In order to avoid manager crisis Simens should plan on resources management and ways to build their capabilities.

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