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+ E A Read aloud | Draw 10. A freelance project manager is brought in by Company X to lead a large, expensive project. This project manager has excellent leadership skills and a strong technical understanding of the project. In order for her to optimize every component of the Talent Triangle, what might be a good activity for the project manager at the start of her time with Company ? a. familiarize herself with the long-term objectives of Company X b. host an icebreaker for all team members attend a seminar on advanced leadership techniques d. send an email including her rsum to all SMEs to ensure they are aware of her technical background 11. A collection of projects, programs, and operations managed as a group to achieve strategic objectives are called a: a Process b. Portfolio Subprogram d. Life cycle 12. Projects may be undertaken as a result of any of the following strategic reasons except: a. Social need b. Market demand C. Need to keep workers busy during slow times d. Environmental considerations 13. A narrative description of products, services or results to be delivered by the project is a: a. Request for information b. Business case C. Project statement of work d. Elevator pitch 14. All of the following are true except: a. A portfolio may contain multiple programs and projects b. A project manager has the discretion to make trade-offs in regard to which programs to pursue. A program manager has the discretion to make trade-offs in regard to which projects to pursue. d. Projects have a finite timeline, while programs may exist as long as the parent organization does C. + AV Read aloud Draw 15. Which of the following is a financial analysis tool that an organization may use to determine the cost-value of potential projects? a. Payback Period (PP) b. Internal Rate of Return (IRR) Net Present Value (NPV) d. All of the above C. 16. All projects should be aligned with their organization's strategic plan, which includes the organization's vision, goals, and objectives. Which of these describes an organization's vision? a. Conveys a larger sense of organizational purpose, and is both inspiring and guiding. b. Describes short and long term results along with measures to determine if they have been achieved C. Includes the organization's core purpose, core values, belles culture, primary business, and primary customers. d. Is SMART: specific, measurable, achievable, results-based, and time-specific 17. The best describe(s) why a project is being undertaken. a. statement of work b. business case c. subprojects d. source selection criteria 18. The document that includes the necessary information to determine whether a project is worth the required investment, and is used for decision making by upper management is called the: a. Project Scope Statement b. Project Charter C. Business Case d. Case Study 19. An organization's vision often includes reference to its social, environmental, and economic health, collectively referred to as the: a triple bottom line b. business case Cstatement of work (SOW) d. net present value (NPV) 20. A business case typically contains information regarding the business need and a financial analysis. Which financial model divides the cash flow by the initial cash outlay? a. Benefit Cost Ratio (BCR) b. Internal Rate of Return (IRR) C. Net Present Value (NPV) d. Payback Period (PP)