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Maryland International College: School of Graduate Studies

This document provides instructions for a project management exam, outlining 5 questions to be answered on topics like the importance of project management, differentiating between project monitoring, evaluation, and control, factors that can cause projects to fall short of expectations, and identifying a portfolio of high-value projects. Students have 48 hours to complete the exam by submitting their answers via email in Word or PDF format.
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0% found this document useful (0 votes)
123 views

Maryland International College: School of Graduate Studies

This document provides instructions for a project management exam, outlining 5 questions to be answered on topics like the importance of project management, differentiating between project monitoring, evaluation, and control, factors that can cause projects to fall short of expectations, and identifying a portfolio of high-value projects. Students have 48 hours to complete the exam by submitting their answers via email in Word or PDF format.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Maryland International College

School of Graduate Studies

Project Management (Code: MBA- 771)

Instructors: Dr. Fanta Tesgera (Asst. Prof)


and
Dr. Gashaw T. (Asst. Prof)

August 06, 2021


----------------------------------------------------------------------------------------------------------------

Name…………………………… ID No…………………….

General Instruction

1. Write your Full name and ID number


2. Please read the questions carefully and attempt all the questions.
3. Total Mark: 50%
4. Use your own words to answer the questions. Don’t copy and paste.
5. Answers which are found to be identical will be automatically dis-qualified.
6. Brief, direct, and complete answers are required for full marks.
7. Use PDF or Word format or Good Handwriting (the Handwriting must be scanned
and submitted by the email) to submit your answer.
8. You are expected to work for 48 hours i.e., from Friday 6:00 PM (August 06/2021) -
Sunday 6:00 PM (August 08/2021).
9. Your answer should be submitted via [email protected]
Instruction: Read the questions below carefully and attempt all questions
accordingly.

1. Why do you think project management as a discipline is growing fast in importance these
days? (5 points).

2. 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? Discuss (5 points).

3. 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 (10 points).

4. Suppose that your organization is considering a portfolio of projects that can bring significant
strategic changes to its performance in terms of market share and profitability in the long-
run. So, your organization wants to select and concentrate on those business imperative
projects in order to achieve its grand strategic objectives and goals during the years to come.
Assuming that your specific job in the organization is a 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? (15 points).

5. 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).

Good Luck!!

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