Management Answers

Project Manager, how do you 

identify and recommend the portfolio of projects that will yield the maximum value or return 

to your organization in the long-run

Project Manager, how do you 

identify and recommend the portfolio of projects that will yield the maximum value or return 

to your organization in the long-run

Project Manager, how do you 

identify and recommend the portfolio of projects that will yield the maximum value or return 

to your organization in the long-run

A project team has put together a plan for grand organizational transformation project, and forwarded the same for the approval of the stakeholders. The stakeholders, having reviewed the project plan, asked the project manager to clearly demonstrate and present the project inputs, outputs, outcomes, and impacts in order to expedite the approval process. Assuming that you are the Project Manager in charge seeking the approval of the stakeholders.

A. Outline the possible inputs, outputs, outcomes, and impacts of the project?

B. Identify the key stakeholders and then draw a role map diagram showing the influence and reporting relationship?

C. What do you recommend in order to build stakeholder participation and commitment to the project?

A project team has put together a plan for grand organizational transformation project, and forwarded the same for the approval of the stakeholders. The stakeholders, having reviewed the project plan, asked the project manager to clearly demonstrate and present the project inputs, outputs, outcomes, and impacts in order to expedite the approval process. Assuming that you are the Project Manager in charge seeking the approval of the stakeholders.

A. Outline the possible inputs, outputs, outcomes, and impacts of the project (5 points).

B. Identify the key stakeholders and then draw a role map diagram showing the influence and reporting relationship (5 points).

C. What do you recommend in order to build stakeholder participation and commitment to the project? (5 points).

Discuss why project monitoring and evaluation is very important in today’sproject environment. How do you differentiate between project monitoring, project evaluation and project control?

Organizations introduce projects with high outcome expectations, especially to ensure sustainable flow of benefits throughout their intended economic life. But many projects somehow fall short of such expectations, and owing to various reasons, they do not deliver the expected benefit flows to the target beneficiaries throughout their economic life. The reason could be attributed to many factors. Discuss these factors

Why do you think project management as a discipline is growing fast in importance these days?