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    AEM 6114 (Project Management) Quiz 1

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    gazigalib
    This document provides 5 questions for a project management quiz. The questions cover: 1) Differences between modern and traditional project management approaches. 2) Whether a company should change its low-cost, reasonable quality strategy as the market becomes saturated. 3) Differences in project selection processes between service and manufacturing organizations. 4) Responses to problems with high development costs and a dedicated team structure at a medical R&D organization. 5) Developing a responsibility matrix for a weekend team outing project aimed at improving communication issues impacting another project.

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    AEM 6114 (Project Management) Quiz 1

    Uploaded by

    gazigalib
    9 views1 page
    This document provides 5 questions for a project management quiz. The questions cover: 1) Differences between modern and traditional project management approaches. 2) Whether a company should change its low-cost, reasonable quality strategy as the market becomes saturated. 3) Differences in project selection processes between service and manufacturing organizations. 4) Responses to problems with high development costs and a dedicated team structure at a medical R&D organization. 5) Developing a responsibility matrix for a weekend team outing project aimed at improving communication issues impacting another project.

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    This document provides 5 questions for a project management quiz. The questions cover: 1) Differences between modern and traditional project management approaches. 2) Whether a company should change its low-cost, reasonable quality strategy as the market becomes saturated. 3) Differences in project selection processes between service and manufacturing organizations. 4) Responses to problems with high development costs and a dedicated team structure at a medical R&D organization. 5) Developing a responsibility matrix for a weekend team outing project aimed at improving communication issues impacting another project.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    9 views1 page

    AEM 6114 (Project Management) Quiz 1

    Uploaded by

    gazigalib
    This document provides 5 questions for a project management quiz. The questions cover: 1) Differences between modern and traditional project management approaches. 2) Whether a company should change its low-cost, reasonable quality strategy as the market becomes saturated. 3) Differences in project selection processes between service and manufacturing organizations. 4) Responses to problems with high development costs and a dedicated team structure at a medical R&D organization. 5) Developing a responsibility matrix for a weekend team outing project aimed at improving communication issues impacting another project.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    AEM 6114 (Project Management) Quiz 1

    Answer any four the following questions. Each question is of equal marks.

    Marks: 20 Time: 60 minutes

    1. Briefly explain the differences of modern project management with traditional project
    management approaches with suitable examples.

    2. Company X produces home appliance products. For the last five years, the company is
    observing that the market is being saturated. The growth of the market is diminishing.
    The existing strategy of the company is to produce low-cost products with reasonable
    quality. According to its current strategy, it was designing projects and implementing
    those. After the observation, do you think that the company needs to change its strategy?
    Explain your answer. If you answer is yes, then explain how it can update its project
    priority/selection process according to new strategy?

    3. In your own word, mention the differences that can exist in the project selection process
    between service and manufacturing organization.

    4. Assume, you work for a multinational research and development organization that has a
    reputation in developing cutting edge technologies for medical equipment. You have been
    assigned as a chief financial officer. You have found out that some of the current
    developed products and technologies have not been financially successful due to the huge
    cost in the development process. The organization is traditionally using a dedicated team
    structure. So, what will be your responses about the existing problems and possible
    solution approaches?

    5. Say, you are in charge of arranging weekend outings for all the team members of a
    project that is currently being implemented. The objective of this trip will be to enjoy and
    also solve some of the communication issues within the team that is creating problems in
    the project progress. Assume, the trip as a project and develop a responsibility matrix
    considering the objectives of the trip.

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