Preview

Project Management Mid-Term Study Guide

Good Essays
Open Document
Open Document
4770 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project Management Mid-Term Study Guide
Chapter 2 -
Culture – unwritten rules of behavior, or norms that are used to shape and guide behavior, that are shared by some subset of organizational members
Escalation of commitment – Occurs when, in spite of evidence identifying a project as failing, no longer necessary, or beset by huge technical or other difficulties, organizations continue to support it past the point an objective viewpoint would suggest that it should be terminated.
External environment - consists of all forces or groups outside the organization that have the potential to affect the organization. Some elements in a company’s external environment that can play a significant role in a firm’s activities are competitors, customers in the marketplace, the government and other legal or regulatory bodies, general economic conditions, pools of available human or financial resources, suppliers, technological trends and so forth.
Functional structure – Most common organizational type used in business today. The logic of the functional structure is to group people and departments performing similar activities into units. It is common to create departments such as accounting, marketing or research and development. Division of labor in the functional structure is not based on the type of product or project supported, but rather according to the type of work performed. In an organization having a functional structure, members routinely work on multiple projects or support multiple product lines simultaneously
Heavyweight project organization – refers to the belief that organizations can sometimes gain tremendous benefits from creating a fully dedicated project organization. The concept is based on the notion that successful project organizations do not happen by chance or luck. Measured steps in design and operating philosophy are needed to get to the top and remain there.
Intervenor groups – Defined as groups external to the project but possessing the power to effectively intervene

You May Also Find These Documents Helpful

  • Powerful Essays

    Tia Patel Unit 1 P3 Task1

    • 1036 Words
    • 4 Pages

    A Functional structure is when the business is organised based on the functions e.g. Marketing, Finance, IT.…

    • 1036 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    CPA case study

    • 1829 Words
    • 9 Pages

    (External Environment – everything external to the organisation including but not limited to: Industries, Markets, Political Forces, Regulations, Environmental Issues, Society, Technology and a variety of other factors)…

    • 1829 Words
    • 9 Pages
    Good Essays
  • Best Essays

    “The external environment consisting of all the conditions and forces that affect its strategic options and define its competitive situation" (Pearce & Robinson, 2013, p. 12). External environment can be broadly classified into three types: Remote, Industry and, Operating.…

    • 1693 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    You manage a hotel resort located on the South Beach on the Island of Kauai in Hawaii. You are shifting the focus of your resort from a traditional fun-in-the-sun destination to eco-tourism. (Eco-tourism focuses on environmental awareness and education.) How would you classify the following projects in terms of compliance, strategic, and operational?…

    • 924 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    In executing operational activities, organizations often find it useful to make a distinction between processes, the systematic execution of repetitive activities, and projects, the one-time execution of more or less unique activities. In today’s new ‘new’ economy, the second form of operations is gaining in importance as more and more activities are carried out as projects. One can find many reasons for this shift of emphasis. The fast pace of competition requires constant innovation. Better-informed customers require customization. Internationalization and constant mergers and acquisition require more agility. In short, the current business environment requires constant change, and implementing change entails the need to master projects.…

    • 10531 Words
    • 43 Pages
    Powerful Essays
  • Satisfactory Essays

    CIS 600 Information Technology and Project Management Fall, 2013 Class Coordinators: Dr. Bob Rademacher, SCs, & Graduate Students Office Hours: Rockwell 235 MWF 10:30 a.m. & 1:30 p.m. Cell Phone: 970-412-6844 Home Phone: 970-223-9369 Business Email: bob.rademacher@biz.colostate.edu Personal Email: bob.rademacher@comcast.net Course Prerequisites: Computer class, energy and enthusiasm! Required Texts: & Schwalbe, Kathy, Information Technology Project Management, 7th Edition, Course Technology, 2014. ISBN-13:9781133526858…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Project Management Study Guide

    • 25185 Words
    • 101 Pages

    Here are 200 objective type sample questions and their answers are given just below to them. This exam is just to give you an idea of type of questions which may be asked in PMP Certification Exams. Even we have taken full care to give correct answers for all the questions but it is recommended to verify these answers.…

    • 25185 Words
    • 101 Pages
    Good Essays
  • Powerful Essays

    The external environment is the "external context within which an organisation exists and operates."1 One of the ways in which the external environment can be analysed is by assessing the impact of politics, the economy, social factors and technological factors (P.E.S.T. analysis).…

    • 1532 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    External Trends

    • 1230 Words
    • 5 Pages

    External environment can be simply defined by everything outside an organization that can influence its present and future. According to Davidson (2009), there are two layers composing the external environment of an organization, which are general (or macro) environment and task environment. While the general environment includes all major impacts at the industry level namely economic, demographic, technological, socio-cultural, political-legal, and international trends; the task environment contents the relevant forces at the level of individual, which directly affect the organization’s activities…

    • 1230 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Change Management

    • 673 Words
    • 3 Pages

    2. Culture represents collective norms and behaviors – It’s hard enough to change one person’s behavior — how can you change the behavior of an entire organization?…

    • 673 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Management Environment

    • 787 Words
    • 4 Pages

    External environment is the factors, forces, situations, and events outside the organization that affect its…

    • 787 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Functional – The functional structure is an organisational structure type which sees the business’s employees’ grouped depending on their hierarchical rank within the business, said employees will be managed via strict lines of authority, and everyone within the business will ultimately report to a single person, typically the CEO (chief executive officer). A business which uses the functional structure is set up as to allow each portion of the business to be grouped into departments according to their purpose, for example, with the functional structure; a business would have a department for production, human resources, and sales (businessdictionary.com, n.d).…

    • 1637 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Internal Environment

    • 437 Words
    • 2 Pages

    External environment is a kind of environment can not be controled by company. It also can affects the effectiveness of an organisation.Company often use external environment to analise future situation and make plans. Within external environment, there two different catogories of it --- specific environment and general environment.…

    • 437 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Axiata Strategic Management

    • 4246 Words
    • 17 Pages

    External environment involves General Environment & Competitive Environment. So any changes in general environment might have an impact on market and industry conditions. Organizations should be monitoring and scanning their general environment to identify their weak…

    • 4246 Words
    • 17 Pages
    Good Essays
  • Powerful Essays

    The Future of Job

    • 2247 Words
    • 9 Pages

    On the other hand, external environment of any business organization consists of its customers, suppliers, labor market, competitors, government and so many, Basically, external environment refers as the environment which can’t be controlled or guided by the organization. It also rep[resents the opportunity and treat of the organization. Today’s business environment success of any organization heavily depends on this environment. Because in globalized business environment external environment changes rapidly. In these circumstances, business organizations have to adopt…

    • 2247 Words
    • 9 Pages
    Powerful Essays