Question 1

Which of the following does not describe business as usual?

Accepted Answer

It provides a unique product or service to meet an identified need to change

Answer

“The steady state” – operations which sustain the organisation through delivering a repetitive product or service

Answer

May use the outputs of projects to deliver/realise its planned benefits

Answer

BAU activity is ongoing – there is no fixed end point

Question 2

Which of the following does not describe a project?

Accepted Answer

Delivered by functional teams reporting through a hierarchical structure

Answer

An agent of change which achieves its objectives and then stops: it must have a finite end.

Answer

It is delivered by temporary teams which work across an existing organization

Answer

It is managed by someone who may not have line management authority for their team

Question 3

One of the goals of change management is to implement the change and embed it into organisational practice.

Accepted Answer

true

Answer

false

Question 4

What best describes: a set of projects with a related objective which also requires the management of change to deliver outputs, outcomes and benefits – can be complex.

Accepted Answer

Programme

Answer

Project

Answer

Portfolio

Answer

Change initiative

Question 5

What best describes: a set of projects and/or programmes which have a common strategic objective – can be very complex.

Accepted Answer

Structured Portfolio

Answer

Programme

Answer

Project

Answer

Standard Portfolio

Question 6

Projects deliver outcomes and Programmes deliver outputs

Accepted Answer

false

Answer

true

Question 7

Which of the following is not a benefit of Portfolio Management

Accepted Answer

More consistent identification and management of risk – a central approach to allocating contingency reserves should be more efficient

Answer

Because scheduling and prioritizing dozens of interrelated initiatives across multiple domains requires a bit more preparation and capability

Answer

Where there is an identified need for more consistency in financial control, assurance, governance, risk assessment of projects/programmes

Answer

Where there is a need for even greater alignment between key business objectives and projects/programme activity

Question 8

A PESTLE analysis is mostly concerned with external factors that might affect your project/organisation, while a SWOT analysis is mostly concerned with internal factors.

Accepted Answer

true

Answer

false

Question 9

What does the acronym vuca stand for?

Accepted Answer

VOLATILITY UNCERTAINTY COMPLEXITY AMBIGUITY

Related quizzes

Related quizzes