BUAD 482 Problem Set No. 1

1. In which organization structure is the project manager’s authority “little or none”? In what type of structure is the project manager’s authority “High to almost Total”?

a. Functional.

b. Projectized.

2. How many Project Management processes are in each of the Project Management Process Groups? Which Process Group has the most number of Processes? What does this suggest to you?

a. Initiating Process Group: two, Planning Process Group: twenty, Executing Process Group: eight, Monitoring and Controlling Process Group: ten, Cling Process Group: two.

b. The Planning Process Group has the highest number of processes.

c. Preparation is the most vital step of a success project. The successful project manager measures twice and cuts once.

3. What is the difference between a project & a program?

a. A project is a single, temporary endeavor, whereas a program is a group of related projects managed in a coordinated way to exploit economies of scale. Programs develop and try to achieve an overall goal, allowing projects to be planned through individual, detailed guidelines as to accommodate specific situations.

4. What is the purpose of a project charter? What are some of the key components of the Project Charter?

a. Authorization of the existence of a project and providing manager with the authority to utilize organizational resources to assist the success of the project.

b. E.g, project purpose, measurable objectives, and budget.

5. What are Organizational Process Assets? List 4-5 examples of Organizational Process Assets.

a. Any process-related resource of the contracting organization that can be used to assist the project.

b. E.g., historical information, risk data, earned value data, policies and procedures, and knowledgeable