A program is .. ?

Question options:

A) 

a project costing over $100m.

B) 

a group of related projects.

 

C) 

a grouping of related tasks.

 

D) 

the project step sequence.

 

 

 

A PMO does all of the following EXCEPT it.. ?

Question options:

 

control resources within a project.

 

manages shared resources across projects.

 

develops project best practices

 

coaches, mentors, trains, and has oversight.

 

 

A project coordinator can be found in what type of organization?

Question options:

 

A) 

Strong matrix

 

B) 

Projectized

C) 

Weak matrix

D) 

Balanced matrix

1) The correct answer is letter "B": a group of related projects.

2) The correct answer is letter "C": develops project best practices.

3) The correct answer is letter "C": weak matrix.

Step-by-step explanation

1) A program is a group of projects organized in a bundle because managing them together is cost-effective for the organization, usually, since there are resources that the projects share, hence, there is a need to allocate them properly. Companies typically analyze what their project portfolios are to identify which projects should be managed together. The latter also implies that programs are developed according to the priority the entity gives to each of them, selecting the most influential to be executed first and developing the rest based on the organization's needs. 

2) A Project Management Office (PMO) comprises seasoned executives who are responsible for managing large projects. Most often, such projects are estimated to be developed over the course of many years, hence, it is imperative to keep track of their progress meticulously, which could be a complicated task for a Project Manager (PM) alone. The PMO works as a committee that manages different programs, therefore, the resources in charge of their development. In case team members need the insight to improve their performance, the PMO could set training and assessment with the ultimate goal of completing projects under the requirements specified. Project best practices are promoted by PMs among their subordinates. It is not one of the duties expected PMOs to comply with.

3) A matrix structure is implemented in organizations to take advantage of the resources of a company as much as possible. These types of entities develop different projects at the same time, assigning duties to team members across different departments. This could be helpful for the members since they have more opportunities to learn from different experiences and develop various skills. Matrix structures are managed by a functional manager and a project manager who could exchange roles. In a weak matrix structure, the project manager plays the role of a coordinator, helping the completion of activities within schedule and budget. However, the functional manager is responsible for most or almost all the decision making when it comes to planning. Strong matrices, on the other hand, are managed by PMOs.