Podcast
Questions and Answers
What is a disadvantage of the Projectized Organizational Structure?
What is a disadvantage of the Projectized Organizational Structure?
- Clear growth path for the team post-project
- High cost due to dedicating all specialists to one project (correct)
- Strong sense of identity among team members
- Easy communication within the team
Which structure has the advantage of fast project delivery?
Which structure has the advantage of fast project delivery?
- Matrix Structure
- Functional Structure
- Dedicated Project Team (correct)
- Projectized Structure
In the Dedicated Project Team structure, what could lead to internal conflict?
In the Dedicated Project Team structure, what could lead to internal conflict?
- Cross functional integration (correct)
- Limited technical experience
- Simple structure
- Focused full-time team
Which aspect is a disadvantage of the Dedicated Project Team structure?
Which aspect is a disadvantage of the Dedicated Project Team structure?
What does the Projectized Structure lack for team members after project completion?
What does the Projectized Structure lack for team members after project completion?
Which structure is known for managing resources efficiently and effectively?
Which structure is known for managing resources efficiently and effectively?
What is the primary purpose of a project?
What is the primary purpose of a project?
How is a project defined in terms of activities?
How is a project defined in terms of activities?
What distinguishes a program from a project?
What distinguishes a program from a project?
What is a characteristic of the contemporary project environment?
What is a characteristic of the contemporary project environment?
How are projects selected within organizations?
How are projects selected within organizations?
What is the main metric for assessing project performance and progress according to the text?
What is the main metric for assessing project performance and progress according to the text?
What is a disadvantage of the functional organizational structure?
What is a disadvantage of the functional organizational structure?
What is an advantage of the matrix organizational structure?
What is an advantage of the matrix organizational structure?
Why might resources be under-utilized in a matrix structure?
Why might resources be under-utilized in a matrix structure?
What does the text suggest is a downside of the dual reporting structure in a matrix organization?
What does the text suggest is a downside of the dual reporting structure in a matrix organization?
What is the main purpose of a portfolio in project management?
What is the main purpose of a portfolio in project management?
In a functional organization, why might career growth be limited for visible employees?
In a functional organization, why might career growth be limited for visible employees?
Which type of organizational structure groups employees based on functional skills?
Which type of organizational structure groups employees based on functional skills?
What is a challenge associated with maintaining resources in a matrix structure?
What is a challenge associated with maintaining resources in a matrix structure?
What is a disadvantage of the Functional Structure according to the text?
What is a disadvantage of the Functional Structure according to the text?
Why might departments in a Functional Structure be less responsive to the organization's overall objectives?
Why might departments in a Functional Structure be less responsive to the organization's overall objectives?
In what way does a portfolio differ from a project?
In what way does a portfolio differ from a project?
Which organizational structure makes hierarchy visible and eliminates the need for multiple reporting?
Which organizational structure makes hierarchy visible and eliminates the need for multiple reporting?
Which characteristic is NOT used for classifying projects in Module 2?
Which characteristic is NOT used for classifying projects in Module 2?
What is the classification rule recommended in Module 2 for managing projects effectively?
What is the classification rule recommended in Module 2 for managing projects effectively?
Which type of project is classified as 'Breakthrough'?
Which type of project is classified as 'Breakthrough'?
In Module 2, how is the likelihood of problems categorized for projects?
In Module 2, how is the likelihood of problems categorized for projects?
Which project type has a duration ranging from 3-9 months and is classified as 'Best of Breed'?
Which project type has a duration ranging from 3-9 months and is classified as 'Best of Breed'?
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Study Notes
Organizational Structures
- A disadvantage of the Projectized Organizational Structure is the lack of opportunities for team members after project completion.
- The Dedicated Project Team structure enables fast project delivery, but may lead to internal conflict due to diverse backgrounds and perspectives.
- In a Dedicated Project Team structure, internal conflict can arise from differences in perspectives and backgrounds.
Project Characteristics
- The primary purpose of a project is to create a unique product, service, or result.
- A project is defined as a temporary endeavor with a clear start and end date, consisting of a set of coordinated and controlled activities.
- A program is distinguished from a project by its collection of related projects, sub-projects, and activities managed together to achieve strategic objectives.
Project Selection and Portfolio Management
- Projects are selected within organizations based on alignment with strategic objectives and available resources.
- The main metric for assessing project performance and progress is the project's ability to achieve its objectives.
Matrix Organizational Structure
- A matrix structure is known for managing resources efficiently and effectively, but may lead to under-utilization of resources due to multiple reporting lines.
- The dual reporting structure in a matrix organization can lead to confusion and conflicting priorities.
Functional Organizational Structure
- A functional organization groups employees based on functional skills, but may limit career growth for visible employees and result in departments being less responsive to the organization's overall objectives.
- A disadvantage of the Functional Structure is the lack of visibility and recognition of employees' skills and contributions.
Portfolio Management
- The main purpose of a portfolio is to oversee a collection of projects or programs to achieve strategic objectives.
- A portfolio differs from a project in its scope, comprising multiple projects, and focuses on strategic alignment rather than a specific project's objectives.
Project Classification
- Projects can be classified as 'Breakthrough', 'Platform', 'Derivative', or 'R&D', with 'Breakthrough' projects involving high risk and high reward.
- Projects are categorized based on their likelihood of problems, and the recommended classification rule is to focus on the project's objectives and scope.
- A 'Best of Breed' project has a duration ranging from 3-9 months.
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