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Project Flexibility, Illustration of Exam 2022

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Project success factors, as described in project management literature

a)

Indicator we use to measure project success after project

b)

Factors that should be in place to secure project success

c)

Time, cost, quality

d)

none of the above

2.

Definitiion of uncertainty, based on Galbraith

a)

Lack of information

b)

Probability multiplied by consequences

c)

Difference between available and needed information

d)

Known unknowns

3.

Basic idea of bonded rationality

a)

to optimize project value

b)

maximize shareholder value

c)

emerging strategies

d)

Satisficing decisions

4.

Mintzberg intended and realized strategies

a)

Realized = Deliberate + emergent strategy

b)

Intended = Realized strategy

c)

Deliverable strategy = realized - intended strategy

d)

none of the above

5.

"School book" project owner responsibilities

a)

Time, cost, quality

b)

Cost and benefits

c)

Project business case

d)

All of the above

6.

Flexibility in the process

a)

Sequence of decisions in a project

b)

Characteristics of the project delivery

c)

Project supply chain management

d)

Ease of rebuilding a construction

7.

Purpose of project models related to flexibility

a)

to minimize flexiblity

b)

Use flexibility in early phases, and to manage it in later phases

c)

secure flexibility in a sustainability perspective with special focus on climate

d)

none of the above

8.

Approach of high flexibility in product and low flexiblity in process

a)

Robust concept

b)

Flexibility maximization

c)

no flexibility preparations

d)

Incremental decisions

9.

Meaning of the "lagom"

a)

Pragmatic approach to problem solving

b)

Maximize or minimize, depending on situation

c)

Reduce conflicts

d)

Optimal in a pragmatic way

10.

Example of service prodiving users, as used by Olsson et al. 2021

a)

School teachers

b)

School pupils

c)

Parents of school pupils

d)

School project manager