False
Which of the following statements concerning strategic analysis is true?
a.
Strategic analysis focuses exclusively upon external analysis.
b.
External analysis focuses on the strengths and weaknesses of the organization.
c.
Internal analysis focuses on the threats and opportunities facing the organization.
d.
External analysis focuses on the threats and opportunities facing the organization.
D
All of the following factors influence the opportunities and threats an organization must consider
when performing a strategic analysis EXCEPT:
a.
competitors
b.
suppliers
c.
regulatory agencies
d.
employees
D
A clear and compelling vision will have all the following characteristics EXCEPT:
a.
often requires extra effort to achieve.
b.
often requires several years to achieve.
c.
provides detailed roadmap for managing a project
d.
helps stakeholders to understand the direction of the firm.
C
Which of the following responses most accurately depicts the correct sequence of activities in the
strategic planning process?
a.
strategic objectives - strategic analysis - guiding principles - flow-down objectives
b.
guiding principles - strategic analysis - strategic objectives - flow-down objectives
c.
strategic analysis - guiding principles - strategic objectives - flow-down objectives
d.
guiding principles - strategic objectives - flow-down objectives - strategic analysis
C
Many writers have stated that effective objectives should be:
a.
broad - to cover many dimensions of the business
b.
measurable - to track progress
c.
unachievable - to inspire maximum performance
d.
resource based - to focus on the inputs
B
All of the following statements concerning project portfolios are true EXCEPT:
a.
The projects in a portfolio are grouped to be managed collectively.
b.
Portfolios cannot include operations and programs.
c.
Portfolios usually include a mix of high-risk and low-risk projects.
d.
All projects in a portfolio contribute to the organization's goals.
B
Portfolios deal with all of an organization's projects, while programs deal with:
a.
ongoing operations
b.
a specific group of related projects
c.
resource availability
d.
tradeoffs between schedule, scope and quality
B
Portfolio management helps an organization achieve its strategic goals in all of the following
ways EXCEPT:
a.
managing ongoing projects
b.
providing needed resources
c.
selecting the right projects
d.
prioritizing work to be done
A
The document that describes why the project is needed, and may include estimated costs and
benefits, is called a:
a.
program management plan
b.
business case
c.
SWOT analysis
d.
guiding principle
B
All of the following factors should be assessed to determine an organization's ability to perform
projects EXCEPT:
a.
Does the organization have free and open communication, creativity, and empowered decision
making?
