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Project Management: Achieving Competitive Advantage, 5th Edition Test Bank: Chapter 2

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Project Management: Achieving Competitive Advantage, 5th Edition Test Bank: Chapter 2

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  • December 6, 2021
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  • 2022/2023
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Project Management: Achieving Competitive Advantage, 5e (Pinto)
Chapter 2 The Organizational Context: Strategy, Structure, and Culture

1) A strategic perspective on project management might ask all of the following questions
pertaining to organizational setting prior to undertaking a project EXCEPT:
A) What is our corporate culture?
B) Does this project support the company vision?
C) Do we have established reporting relationships?
D) Can we complete the project on time?
Answer: D
Diff: 1
Section: 2.1 Implementing Strategy Through Projects
LO: 2.1: Understand how effective project management contributes to achieving strategic
objectives.
Classification: Concept
AACSB: Application of Knowledge

2) All of the following are considered as three of the most important contextual issues impacting
project management EXCEPT:
A) Culture.
B) Strategy.
C) Organizational structure.
D) Information systems.
Answer: D
Diff: 1
Section: 2.1 Implementing Strategy Through Projects
LO: 2.1: Understand how effective project management contributes to achieving strategic
objectives.
Classification: Concept
AACSB: Application of Knowledge

3) The same project managed in the same fashion may succeed in one organization but fail in
another.
Answer: TRUE
Diff: 2
Section: 2.1 Implementing Strategy Through Projects
LO: 2.1: Understand how effective project management contributes to achieving strategic
objectives.
Classification: Concept
AACSB: Application of Knowledge

,4) Most companies are well suited to allow for successful completion of projects in conjunction
with other ongoing corporate activities.
Answer: FALSE
Diff: 1
Section: 2.1 Implementing Strategy Through Projects
LO: 2.1: Understand how effective project management contributes to achieving strategic
objectives.
Classification: Concept
AACSB: Application of Knowledge

5) What is meant by the statement, "successful project management is contextual"?
Answer: The author indicates that the organization itself really matters—its culture, its structure,
and its strategy each play an integral part, and together they create the environment in which a
project will flourish or founder. Contextual issues provide the backdrop around which project
activities must operate, so understanding what is beneath these issues truly contributes to
understanding how to manage projects.
Diff: 2
Section: 2.1 Implementing Strategy Through Projects
LO: 2.1: Understand how effective project management contributes to achieving strategic
objectives.
Classification: Critical Thinking
AACSB: Reflective Thinking

6) Which of the following is NOT an element of strategic management?
A) Formulating cross-functional decisions
B) Implementing cross-functional decisions
C) Evaluating cross-functional decisions
D) Eliminating cross-functional decisions
Answer: D
Diff: 1
Section: 2.2 Projects and Organizational Strategy
LO: 2.2: Recognize three components of the corporate strategy model: formulation,
implementation, and evaluation.
Classification: Concept
AACSB: Application of Knowledge

,7) Which of the following is descriptive of a vision statement?
A) Inspirational
B) Functional
C) Supportive
D) Critical
Answer: A
Diff: 1
Section: 2.2 Projects and Organizational Strategy
LO: 2.2: Recognize three components of the corporate strategy model: formulation,
implementation, and evaluation.
Classification: Concept
AACSB: Application of Knowledge

8) One purpose of a mission statement is to:
A) Establish a sense of what the organization hopes to accomplish.
B) Explain the company's reason for existence.
C) Support the tactical plans of the organization.
D) Explicitly enumerate the projects in the company's portfolio.
Answer: B
Diff: 1
Section: 2.2 Projects and Organizational Strategy
LO: 2.2: Recognize three components of the corporate strategy model: formulation,
implementation, and evaluation.
Classification: Concept
AACSB: Application of Knowledge

9) The science of formulating, implementing, and evaluating cross-functional decisions that
enable an organization to achieve its objectives is BEST described as:
A) Operations management.
B) Strategic management.
C) Project management.
D) Marketing management.
Answer: B
Diff: 1
Section: 2.2 Projects and Organizational Strategy
LO: 2.2: Recognize three components of the corporate strategy model: formulation,
implementation, and evaluation.
Classification: Concept
AACSB: Application of Knowledge

, 10) Developing a strategy that capitalizes on both internal strengths and external opportunities
identified in a TOWS matrix is an example of a:
A) Maxi-maxi strategy.
B) Maxi-mini strategy.
C) Mini-mini strategy.
D) Mini-maxi strategy.
Answer: A
Diff: 2
Section: 2.2 Projects and Organizational Strategy
LO: 2.2: Recognize three components of the corporate strategy model: formulation,
implementation, and evaluation.
Classification: Concept
AACSB: Application of Knowledge

11) Developing vision and mission statements is an important tactical step in project
management.
Answer: FALSE
Diff: 2
Section: 2.2 Projects and Organizational Strategy
LO: 2.2: Recognize three components of the corporate strategy model: formulation,
implementation, and evaluation.
Classification: Concept
AACSB: Application of Knowledge

12) One element of strategic management is cross-functional decision making.
Answer: TRUE
Diff: 1
Section: 2.2 Projects and Organizational Strategy
LO: 2.2: Recognize three components of the corporate strategy model: formulation,
implementation, and evaluation.
Classification: Concept
AACSB: Application of Knowledge

13) Strategy, goals, and projects support the organizational mission.
Answer: TRUE
Diff: 1
Section: 2.2 Projects and Organizational Strategy
LO: 2.2: Recognize three components of the corporate strategy model: formulation,
implementation, and evaluation.
Classification: Concept
AACSB: Application of Knowledge

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