1What is Vaill's theory on high performance teams
Valli said that high performing teams may be defined as human systems that are doing dramatically better than other systems

2What are the 3 types of factors affecting group cohesiveness?
3What are the MEMBERSHIP factors affecting group cohesiveness?
* Homogeneity - of status both internally or externally leads to a more cohesive group
* Alternatives - if the member has alternatives then dependance on the group is reduced, also high turnover of group members will mean the group lacks cohesion
* Size of the group - as the size of the group goes up productivity of individual members goes down, less opportunity to contribute, cliques can form, less work is done
* membership in other groups - this may detract from the cohesion and effectiveness of the original group

4What are the ENVIRONMENTAL factors affecting group cohesiveness?
* Task - the nature of the task and its organisation must be compatible
* isolation of the group - external threats and incentives are lower the omre isolated the group is
* the climate of management and leadership - the leadership style adopted shoul dbe appropriate to the task.

5What are the DYNAMIC factors affecting group cohesiveness?
* Groups are continually changing - not just in membership but also understading of the task and each other
* Success and failure - there can be a tendancy for a groups to persist in failure

6What are Peters and Watermans 5 key aspects of a successful team?
* Small - gives everyone an ability to contribute
* Limited duration - only there to acheive a particular task
* Voluntary - should choose to be a member
* Communication informal and unstructured - no status barriers
* Action oriented - the team should create a plan for action not just a form of words

7What is an operating model?
8What is Porters 5 forces analysis?
9Business ecosystems and traditional markets have Participants and interactions - explain participants
10Business ecosystems and traditional markets have participants and interactions - explain interactions
11What are the characteristics of a business ecosystem
Orchestration
Mutuality
14What are the goals of a business eco system
C Create barriers
A Address human need
C Collaborate
S Streamlining
A Accelerate learning
I Innovate
L Leverage technology

15Explain Complexity (as a driver to a strategy for capturing value)
16Explain Orchestration (as a driver to a strategy for capturing value)
17What are the 4 challenges to regulating ecosystems
18What does a digital customer want? (7)
19What is the definition of a business model
20What is the CIMA business model ?
21What are the 4 steps to defining value? (1st key aspect of traditional business model)
22How do you prioritise stakeholders based on their ranking?
23How do you identify the needs of the priority stakeholders?
24How do you Create Value? (2nd Key aspect of the business model)
*Partners - suppliers/employees/contractors who provide access to resources/markets and technologies.
*Resources - firms use their relationships with their suppliers to source and secure the right resources to make products or services that satisfy their customers. These are both tangible and intangible inputs.
*Processes - firms need to design, develop, and deploy processes that provide the infrastructure to convert resources (inputs) into goods and services (outputs). High-quality processes can lead to improved cycle times, productivity, quality, and costs.
*Activities - firms and their partners engage in activities that use the processes to convert resources into goods and services. They depict what is done and where know-how, skills, learning, and culture come together to make things happen, capturing how valuable the people element is in value creation. Effectiveness and efficiency are the key measures of success in this context.
*Outputs - resources are converted through activities and processing into outputs which can be products, services, or experiences, all of which aim to meet the customer value proposition

26How do you deliver value (3rd key aspect of traditional business model)
*Segments
*Channels
27How do you use segments to deliver value?
* Geographic
* Demographic
* Psychographic
* Behavioural

28How do you use channels to deliver value?
* communication channels
* distribution channels
* sales channels
Firms deliver value to customers through communication, distribution, and sales channels. In this context the advent and growth of technology has opened many channels for firms to connect with their customers, for example using mobile phones and social media.
29When is value captured?
When revenue earned from delivering value exceeds the costs of creating value
30How do you capture value (4th key aspect of traditional business model)
*Cost model
*Revenue model
*Sharing surplus
31What are the 4 factors affecting the cost model?
33Explain sharing residual value
34What techniques can be used for capturing and sharing value?
35What 4 key actions should firms adopt when dealing with customer data?
36What are the 5 key areas of business models and digital ecosystems
*Disruptive technology
*Surviving digital disruption
*Leadership and culture
*Strategies to build disruptive business
*Digital operating models
37What is the intelligent enterprise?
38When considering how to foster digital talent what must companies be able to do? (3)
39How can you attract and retain talent in the digital age?
40What are the 5 objectives to compete for talent?
41What 6 key roles did the world economic forum indentify that CEO's will have to undertake?
* Creator of vision and mission – the company’s mission statement should be expanded to encompass a transformation purpose.
* Strategic planner – this is nothing new, but the focus will change. There should be a move from five year to annual planning cycles, driven by data and analysis. Greater focus should be on experimentation rather than long-term planning.
* Driver of information-based business models – find and develop new products that are (fully) data- and information-based for scalability.
* Enabler of the shift to on-demand operating models – the CEO should champion the benefit that can be gained from communities in the workplace, crowdsourcing, and staff on demand.
* Innovation promoter - appetite for risk / acceptance of failure.
* Operational excellence driver – identify ways in which automation can be introduced into processes in all departments of the organisation.
42How can entities foster a digital culture? (4)
* Communication - open & honest / by digital means / social media / blogs / forums
* Journey management - Support middle managers to create culture / training / release creativity / HR policies & procedures
* Make changes visible - Visual aids / wall charts / create new working practices / office layout
* Continuous change monitoring - Feedback / 2 way communication / surveys / monitoring performance
43What are the 5 strategies to build a disruptive business model?
* Build - create in house if time
* Buy - 100% aquisition of emerging business
* Partner - work closly with disrupters / build trust/ exchange ideas
*Invest - part own - avoids stifling innovation
* Incubate/accelerate - bring into your infrastructure / access to resouces / access to management
44What are the 5 successful digital operating models?
45What is the World econoic forums proposed 7 step process to build a digital workforce?
1) Attract and retain talent
2) Become an employer of choice for the latest generation of employees
3) Create a workforce with digital skills
4) Bring leadership into the digital age
5) Foster a digital culture in the enterpise
6) Create environments where humans and robots can work successfully together
7) Integrate your on-demand workforce
46What are the 5 areas of control?
47What are the 3 levels of control?
48What are the elements of a good control system? (5)
49What are the benefits of health and safety controls?
50What are the basic requirements of a control report?
51Whata re the responsibilities of the emplyer and employee for health and safety
52What health and safety policy statements should organisations with over 5 staff produce?
53What key areas should be highlighted to staff in the health and safety policies?
54What does ACAS (advisory conciliation and arbitration service) state disciplinary procedures should be?
55What are the 3 steps in a statutory procedure?
56What stages should be followed for disciplinary procedures?
57What should be the discipliary interview process?
58What should be the grievance procedure?
59What are the common reasons for emplyment tribunals?
60How can disputes be resolved without tribunals?
* Arbitration
* Mediation
* Conciliation
64What are the 5 areas of human resource management?
* Dismissal
* Redundancy
* Fairness and equality
* Equality and diversity
* Equal opportunities
67Explain fairness & equality
68Explain equality & diversity
69Explain equal opportunities
70What is the difference between equal opportunities and diversity
71what are the 3 levels of culture
72Explain the arefacts level of culture
73explain the values level of culture
74explain the basic assumptions level of culture
75What is the organisational iceberg
the idea of hidden elements in culture
The iceberg discribes 2 levels at which culture operates
* Formal aspects (visible) above the water
* Behavioural aspects (hidden) below the water

76What are the advantages of a stong culture?
77Whata re the disadvantages of a strong culture?
78What influences culture?
79What are Charles Handys 4 types of organisation
* Power culture (Zues)
* Role culture (Apollo)
* Task culture (Athena)
* Person culture (Dionysus)
80explain Charles Handys power culture
81explain Charles Handys role culture
82explain Charles Handys task culture
83explain Charles Handys person culture
84What are Rosseau & Grellers 3 types of psychological contract?
85What is behavioural control?
Where we look to modify behaviour through controls
This is a managers responsibility
We want to get people to do the right things
Get people to act ethically
Motivate them
Improve productivity
Improve quality
Prevent mistakes
86What are the control mechanisms?
* Organisational structure
* Targets / budget setting - set expectations
* Supervision
* Culture
* Control systems - TARA / budgeting
* Policies & Guidelines
87What are the 4 types of control?
88What are the benefits to an organisation of doing performance appraisals
89What are the benefits to an employee of the company doing performance appraisals
90What are the 4 approaches to appraisals
* The ranking system = scored 1 - 5 on agreed targets (1 usually bad)
* The unstructured format = Essays / short form answers, open ended and can cover any aspect not just agreed targets
* 360 approach - manager appraise individuals, individuals appraise managers, can also appraise colleagues
* Self rating - you rate your own performance and give it to your manager, then they make their own assesment
91What are the 5 F's to effective appraisals?
* Fair - no bias or favouratism - dont be judgemental
* Factual - evidenced - not a chat
* Firm -- it is ok to give negative feedback as long as it is constructive - not confrontational
* Frequent - as is required - managers to put in effort to undertake regular feedback - dont just do them annually
* Feedback - meant to be about continuous improvement - no unfinished business left
92What are Herzbergs dual factor motivators
* Intrinsic - to do with the job itself - accomplishment - recognition - increased responsibiity
* Extrinsic - not to do with the job itself - policies - health & safety - treated fairly - appropriate salary
Extrinsic motivators are not actually motivators they just prevent dissatisfaction, intrinsic motivate.
93What are the 7 insentive schemes
* PRP - performance related pay - tied to the performance of the company
* Piecework - paid solely on output of work
* Profit sharing - profits distributed to employees
* MBO - management by objectives - key results = rewards are paid for achieving them
* Commision - usually sales - proportion of sales made paid to employee
* Points scheme - Range of rewards based on the scale of the acheivment
* Bonus scheme - usually a one off payment for acheiving specific target
94What are Druckers 8 suggested objectives (management by objectives)
Profitability - sales/profit/ROCE
Innovation - time to market / how many new products
Market standing - market share relative to others
Productivity - output targets
Financial & Physical resources - financing debt / share equity
Managerial performance and development - training / new accreditations
Worker performance attitude - behavioural controls / performance reviews
Public responsibility - corporate social responsibility / ethical values
95What are the 4 elements to a balanced scorcard (Kaplan & Norton)
97what is the purpose of mentoring
101What are Fayols 5 common features of managers?
1) Planning & Forecasting - draw up plans of action / identify strategies
2) Organising - decide which tasks need to be done by who
3) Co-ordination - Bringing people together / harmonising activities / goal congruence
4) Commanding - give orders / tell employees exactly what to do and how
5) Controlling - need to reveive feedback on processes so they can make adjustments if necessary
102What are the 3 categories that Mintzbergs managerial roles fall into?
1) Interpersonal
2) Informational
2) Decisional
103What are the roles that fall into Mintzbergs interpersonal category?
104What are the roles that fall into Mintzbergs informational category?
105What are the roles that fall into Mintzbergs decisional category?
106What is the definition of power?
107What are John French and Bertram Ravens 5 sources of power?
108What is authority?
The right to do or act (to take actions and make decisions)
109What are Weber's 3 bases for authority?
* Charismatic - derived from personality of the leader - individual characteristic - will leave with leader
* Traditional - derived from custom and practice - ie parent/child or teacher/student
* Rational-legal - derived from position in organisation
110What is responsibility?
Involves obligation and cannot be delegated.
The buck should stop with the responsible manager
Accountability
If a manager is given responsibility without the necessary authority they are powerless ie being responsible for timekeeping with no authority to punish for lateness
113What are the benefis of delegation?
114Why is there a reluctance to delegate?
115How do you delegate effectively?
116What is the process of delegating?
1) Specify performance
2) Formally assign tasks
3) Allocate resources & authority
4) Allow performance - maintain contact (TARA)
117What are the methods of delegation?
118Who are the main management theorists?
119What are the classical theores of management?
120What is Taylors management theory?
121What is Webers management theory?
122What are Webers characteristics of bureaucracy?
C Career officials
A Appointed officials
R Rules
P Public/private division
F Full-time officials
I Impersonality
S Specialisation
H Hierarchy

123What are the human relations (contemporary) theories of management?
also Mayo

124What is Mayo's theory of management
The need for recognition, security and a sense of belonging are important.
Hawthorne experiments - Western electric
Made changes to working hours, rest breaks, lighting conditions, temperature and measured how it affected productivity. When the reverted back to the conditions from the start of the experiment staff were more productive & had increased morale.
Psychological contract between colleagues & management = good working relationship
125What is herzberg's management theory?
126What are the hygiene factors in Herzbergs theory?
127What are the motivational factors in Herzbergs theory?
128What is Maslows management theory?
129What are the systems management theories?
130What is Trist & Bamforth's management theory?
131What are the contingency management theories?
No one best approach.

132What is Burns and Stalkers management theory?
133What are the features of a mechanistic organisation (Burns & Stalker)
134What are the features of an organic organisation (Burns & Stalker)
135What is Morgans management theory?
136Summary of management theories
137What is a leader?
A leader is someone who excercises influence over other people
138How do leaders come about?
139What are the types of leader?
140What are the benefits of leadership?
141What are the skills of a leader?
142Who are the leadership theorists?
143What are the 3 main styles of leadership?
* Autocratic - Do this/tell approach
* Democratic - lets work together approach
* Delegative - you go sort the problem out
144What is the personalities, traits or qualities theory?
145What is Douglas McGregors leadership theory?
146What is kurt Lewins leadership theory?
147What is Blake & Moultons leadership theory?
148Explain Blake & Moultons leadership types
149What is Adairs leadership theory?
150What is Fielders leadership theory?
151What is Bennis's leadership theory?
152What skills are needed by transformational leaders?
153Summary of leadership theories
154What are the pros and cons of virtual teams
155How does an organisation ensure that it is developing its business leaders with a strong ethical approach?
156Based on style and purpose what can communication be classed as
* Formal communication
* Informal communication
157Based on the communication channel what can communication be?
* Verbal
* Non verbal
158What is the process of communication?
1. Sender
2. Encoding
3. Channel
4. Decode
5. Receiver
6. Feedback
Noise can be throughout

159In the process of communication explain SENDER
The SENDER is the entity that conveys or sends the message
160In the process of communication explain ENCODING
ENCODING is a process through which the message is symbolised
161In the process of communication explain CHANNEL
CHANNEL is the medium through which message is being sent. (email, face-to-face conversations, meetings, telephone calls etc).
162In the process of communication explain DECODING
DECODING is the process in which the message is translated and meaning is generated out of it. (problems can occur here due to interpretation).
163In the process of communication explain RECEIVER
RECEIVER. The receiver is the entity that receives the message
164In the process of communication explain FEEDBACK
FEEDBACK. Is the process through which receiver sends their response.
165In the process of communication explain NOISE
NOISE is anything which interferes with the communication process and stops the message being received and understood by the receiver as it was intended.
166What are the types of communication noise?
* Environmental/physical noise
* Physiological noise
* Semantic noise
* Psychological noise
167What is Environmental/physical noise?
Physically disrupts communication.
Loud music
Phones
Chatting
168What is Physiological noise?
Physical barriers
Deaf
Poor sight
Speech impairment
169What is Semanic noise?
Caused by sender and receiver having a different understanding of the words.
Different dialects/languages
Using jargon
Words with several meanings
170What is Psycological noise?
The attitude of the sender and receiver
Anger
Sadness etc
171How does a sender create barriers to communication?
* Not being clear
* Ommitting information
* Poor word choice
* Using words that provoke an emotional response
* Using jargon
* Using innapropriate medium
* Sending too much information
* Sending mixed messages
172How does a receiver create barriers to communication?
* Not in an appropriate state to receive the message
* Not wishing to receive the message
* Filtering out elements they dont want to deal with
* Information overload
Mindset that does not admit the substance of the message
173How can a sender overcome barriers to communication
* Have a clear objective
* Plan the communication
* Think about the receiver and their situation
* Anticipate reactions to the message
* Practice using the channels of communication
* Seek and work with the feedback
174How can a receiver overcome barriers to communication?
* Consider their contribution
* Listen attentively
* Check out anything that is vague
* Give feedback
175What are the digital tools for communication?
* Tracking & case software (tracks customer/staff queries)
* Internal blogs
* Discussion forums
* Intranet
* Chat & private messaging
176What is data visualisation?
Data visualisation allows large volumes of complex data to be displayed in a visually appealing and accessible way that facilitates the understanding and use of the underlying data.
177What are the steps to an effective meeting?
* Determine the purpose of the meeting
* Establish who needs to attend
* Determine the agenda in advance
* Make suitable arrangements for location and time
* Facilitate discussion
* Manage the plan of action
* Summarise
* Publish results/minutes
178What are the roles of team members in a meeting?
* Facilitator
* Chair
* Secretary/administrator
* Protagonists
* Antagonists
179What is a facilitator in a meeting?
sets the agenda, ensures the objectives of the meeting are being met
180What does the chair do in a meeting?
Makes sure the agenda is being followed and all members participate equally
181What does the secretary/administrator do in a meeting?
Takes minutes and distributes them in a timely manner
182What does a protagonist do in a meeting?
Positive supporter
183What does an antagonist do in a meeting?
Disagreement and a negative attitude to team members
184What are the problems with meetings?
* Inappropriate chairperson
* Objectives of meeting undefined or unclear
* Lack of interest in meeting
* Too much talk
* Attendees cannot reach agreement on issues
* Action points from previous meeting not carried out
* Minutes too long or too short
185How can you avoid having an innapropriate chair in a meeting?
186How can you avoid having unclear objectives in a meeting?
187How can you avoid a lack of interest in a meeting?
188How can you avoid too much talk in a meeting?
189How can you avoid attendees not reaching an agreement in a meeting?
190How can you avoid action points from previous meeting not being carried out?
191How can you avoid minutes being too long or short?
193What is PURSUASION
Persuasion is a stronger form of influence. While influence can be direct or indirect, intentional or unintentional, persuasion is always direct and intentional. The aim of influence could be to inspire someone to buy in to an idea or make a particular decision, while the aim of persuasion is to change a person, or group's attitude or behaviour towards something or someone. The person using persuasion has a clear objective and is set on achieving it by getting others to support them. Persuasion falls short of telling or ordering someone to do something, but may use coercion as it attempts to get the other person to agree, albeit perhaps under duress.

195What is direct influence?
196What is indirect influence?
197What are Caldini's 6 principals of influence?
* Reciprocity
* Commitment
* Social Proof
* Liking
* Authority
* Scarcity
198In Caldini's principals of influence explain RECIPROCITY
199In Caldini's principals of influence explain COMMITMENT
200In Caldini's principals of influence explain SOCIAL PROOF
201In Caldini's principals of influence explain LIKING
202In Caldini's principals of influence explain AUTHORITY
203In Caldini's principals of influence explain SCARCITY
204What are the 3 characteristics of negotiation?
1 Conflict of interest between two or more parties. What one wants is not necessarily what the others want.
2 No established set of rules for resolving conflict, or the parties prefer to work outside of an established set of rules to develop their own solution.
3 Parties prefer to search for an agreement rather than to fight openly, to have one side capitulate, to break off contact permanently, or to take their dispute to a higher authority.
205What skills are required by a negotiator?
206What is the process of negotiation?
* Preparation
* Opening
* Bargaining
* Closing
207In negotiation explain PREPARATION
208In negotiation explain OPENING
209In negotiation explain BARGAINING
210In negotiation explain CLOSE
211What is the guideance for successful negotiation
212What did Mainwaring suggest are the causes of conflict?
213What are the symptoms of conflict?
* Competition for scarce resources
* Competition for power and influence
* Differences in goals, values, expectations
214Explain competition for scarce resources
215Explain competition for power and influence
216Explain differences in goals, values, expectations
217What is Horizontal conflict?
Horizontal conflict occurs between groups and departments at the same level in the hierarchy
218What is vertical conflict?
Vertical conflict occurs among individuals and groups at different levels in the hierarchy.
219What are the types of horizontal conflict?
220What are the types of vertical conflict?
221What is constructive conflict?
222What is destructive conflict?
223What is the Thomas-Kilmann conflict mode instrument?
224In the Thomas-Kilmann conflict mode instrument explain AVOIDANCE
225In the Thomas-Kilmann conflict mode instrument explain ACCOMODATING
226In the Thomas-Kilmann conflict mode instrument explain COLLABORATING
227In the Thomas-Kilmann conflict mode instrument explain COMPETING
228In the Thomas-Kilmann conflict mode instrument explain COMPROMISING
229What are the charaacteristics of a project?
230What are the project constraints?
* Time
* Cost
* Quality
231What are Gido and Clements stages of the project lifecycle?
232Explain the identify a need stage of the project lifecycle
233Explain the Develp a proposed solution stage of the project lifecycle
234Explain the implementation stage of the project lifecycle
235Explain the close stage of the project lifecycle
236What is the alternative 5 stages of a project?
237What is included in the initiation stage of a project?
* Feasability
* PID (project initiation document)
238What are the types of feasability of a project that should be considered?
* Technical
* Social
* Ecological (environmental)
* Economic
Additional
* Business
* Time
239What is technical feasibility?
Can it be done?

240What is social feasibility?
Does it fit with current operations?

241What is ecological (environmental) feasibility
How does it affect the environment?

242What is economic feasibility?
Is it worth it?

243What does a PID (project initiation document do?
* Defines the project
* Justifies the project
* Defines the roles and responsibilities
* Secures funding for the project if needed
* Gives people the information they need to be productive and effective right from the start
244What would be contained in a PID (Project initiation document)?
PURPOSE STATEMENT - explains why the project is being undertaken
SCOPE STATEMENT - puts boundaries to the project by outlining major activities. Prevents 'scope creep' where additional activites are added making achievement of the cost and time objectives impossible
DELIVERABLES - tend to be tangible elements of the project, such as report, assets and other outputs
COST & TIME ESTIMATES - Early estimates, will be modified later
OBJECTIVES - clear statement of mission, CSF's and key milestones of the project
STAKEHOLDERS - list of major stakeholders in the roject and their interest in the project
CHAIN OF COMMAND - a statement (and diagram) of the project organisation structure

245What does the planning stage of a project do?
246What are the different plans for the planning stage of a project?
247What does the time plan do?
248What does the quality plan do?
249What does the resources plan do?
250What does the contingency plan do?
251What does the cost plan do?
252What does the communication plan do?
253What does the deliverables plan do?
254What is the purpose of a control system?
* Prevention of deviations
* Correction of deviations
* Prevention of any future deviations, by revising plans, target, measures etc
* Implementation of recommendations from monitoring, reviewing and evluating the project
255What is the change control and management process?
* Authorisation
* Agreement
* Recording
Communication

256In the change and control management process explain Authorisation
* Who has the authority to agree any changes
eg project manager for small changes - project sponsor/project commitee for larger costs
257In the change and control management process explain Agreement
* When is agreement needed?
everytime or set out outset
258In the change and control management process explain Recording
Set procedure for how changes are recorded & who will manage this procedure
259In the change and control management process explain Communication
How will the change be comminucated & to which parties - stakeholders
260Explain configuration management
* How the agreed changes are incorporated into the revised plan
* Each revised plan is given a new version number so everyone knows they are working on the same correct version.
261What is the Gido and Clements control system?
262What project reports and meetings should be done?
* Exception
* Progress
* Team meetings - explain position/discuss corrective action
* Post completion review - lessons learnt
263What is change control?
* Prioritise changes
* Recording changes
* Agreement of change budget
264What is configuration management?
Tracking changes in order to update plans & managing version control
265What is conformance management?
Using inspection, quality control & quality assurance to ensure the project meets the customer expectations & technical requirements
266What is the project closure process?
* Delivered to users
* Documents filed
* Final payments
Project objectives (make sure business case has been delivered
* Team integrated back to their day to day tasks
267What is included in a post completion review meeting?
* Project manager - how well they performed & worked with team
* Project team - How individual members performed and how they worked as a team
* Tools & tgechniques used - effectiveness of the overall process/individual tools & techniques
* Business case - actual acheivement in relation to costs / schedules / benefits defined
268What are the tools and techniques for managing projects?
269What are the tools for planning for activities and costs?
270What is the tool for planning for quality?
271What are the tools for planning for time?
272What are the tools for planning resources?
273What is a Work Breakdown Structure (WBS)
The WBS is an important starting point for planning. It contributes to planning in the following ways :_
* Breaks complex tasks into manageable pieces
* Sets out the logical sequence of project events
* Provides a logical framework for making decisions
* Provides an input into subsequent project processes ie estimating time and resources
* Provides a framework for continuious assesment of the project progression
* Provides a communication tool
274What are the benefits of a Work Breakdown Structure (WBS)
* Summarise activities
* Display the interrelationships
* Establishes authority & responsibility
* Estimates project costs
* Performs risk analysis
* Schedules jobs (work packages)
* Provide basis for controlling the application of resources

275What is a Work Package (WP)?
Work Package specifies the work to be done for each package described in the work breakdown structure.
276What is the Statement Of Work?
Statement of Work describes the deliverables against which the project can be measured. It also indicates who is responsible and when the work needs to be delivered.
277What is the Product Breakdown Structure (PBS)?
On completion of the WPs and SOW, the products required for each activity are listed. For example, the Olympic Games long jump would require a sand pit, a white board and measuring equipment.
278What is the cost breakdown structure?
The cost breakdown structure (CBS) describes the categories that require costing to ensure nothing is left out of the budget process. Numbers and costs are allocated to each product. This creates the detailed financial plan (budget) for the project.The CBS will include information gathered from the WBS, WPs, SOW and PBS and also the capital and revenue costs identified in the cost-benefit analysis and feasibility study documents.
279What is included in a Project Quality Plan (PQP)?
280What is network analysis?
Network analysis is a general term, referring to various techniques adopted to plan and control projects. It breaks complex activities down into smaller activities, which are then organised in a sequence. It is used to analyse the inter-relationships between the tasks identified by the work breakdown structure and to define the dependencies of each task. Whilst laying out a network it is often possible to see that assumptions for the order of work are not logical or could be achieved more cost effectively by re-ordering them. This is particularly true whilst allocating resources; it may become self evident that two tasks cannot be completed at the same time by the same person due to lack of working hours or, conversely, that by adding an extra person to the project team, several tasks can be done in parallel thus shortening the length of the project and ensuring project deadlines are met.
281What is critical path analysis?
One of the component parts of network analysis is critical path analysis (CPA) (Note: this is often called network analysis, even though it is only a component part.) It is the most commonly used technique for managing projects.
282Explain the components of the network analysis / critical path diagram
283How is the earliest event time calculated?
284How is the Lastest event time calculated
285How do you read a netwrok analysis?
286What are the benefits of critical path analysis?
287What are the limitations of critical path analysis?
288What is a resource Histogram?
A tool for planning resources - capacity planning

289What are the benefits of a resource histogram?
290What common features are included in project management software?
291What are the advantages of project management software?
292What are the drawbacks of project management software?
293What is PRINCE2
A project methodology that helps with :-
* Delivery of agreed outcomes
* On time
* Within budget
* Conforming to the required quality standards
294What are the main control features of of PRINCE2
295What are the 7 components of PRINCE2?
296What are the 7 process areas of PRINCE2?
297What is PMBOK?
Project management body of knowledge
A project management methodology
298What are the 9 key project management knowledge areas pf PMBOK?
299What is the process for planning for risk?
300What is the process for managing risk?